Nifty week ahead: Bulls and bears will tussle amid a lack of cues
It was the second consecutive week of weakness in the Indian equity markets, followed by new highs. The weakness of the US market and FII selling were major factors. The Indian equity markets are showing some signals of reversal for the first time in a long time, but their long-term structure is still optimistic. Next […]
Vijay Kedia portfolio: Top 5 stocks
After your formal education, you enter the most critical phase in your life – a second, practical education known as The Apprenticeship. Every time you change careers or acquire new skills, you re-enter this phase of life. The dangers are many. If you are not careful, you will succumb to insecurities, become embroiled in […]
Stock Market Highlights: Nifty charts blinking red. What traders should do next week – The Economic Times
Indicating a sell-on-rise mood in the market, the headline equity index Nifty on Friday formed a bearish candle with a long upper shadow on the daily chart. Now till it holds below 18350, weakness could be seen towards 18081 and 18000 zones, whereas hurdles are placed at 18350 and 18442 zones, said Chandan Taparia of […]
Money-making Ideas! 7 investment themes for stock investors in 2023
NEW DELHI: Despite the elevated valuation levels at which the Indian equity market is trading amid all the global macro worries, investors are hoping that Nifty will scale new peaks in 2023 given the resilient Indian economy and robust domestic flows. Hardly any analyst ETMarkets spoke to sees Nifty slipping below the 18,000 mark in […]
The Fed just made its last rate hike of the year. Here’s what it means and what happens next.
Boy it’s great to be in your inbox this morning. Phil Rosen here. I had two televisions running yesterday, with France drubbing Morocco on one screen, and Jerome Powell attempting to beat down markets on the other. What happened in the World Cup was fairly straightforward — and the Fed’s half-point interest rate hike surprised […]
Centre to offload up to 5% stake in IRCTC via OFS, floor price fixed at ₹680
The Central Government will sell up to 5% stake in Indian Railway Catering and Tourism Corporation (IRCTC) through an offer for sale (OFS) on the BSE and NSE on 15 and 16 December, as the government seeks to meet a steep divestment target for FY23. The floor price has been fixed at ₹680 a share, […]
Softer US inflation data drives Sensex 200 points higher
A lower-than-expected US inflation data raised hopes that Federal Reserve could soon dial back its inflation-taming interest rate hikes, providing a leg up to the equity market bulls. Key Indian equity indices opened higher on Wednesday, led by gains in banking, financial and IT stocks, ahead of the Fed meeting outcome tonight. BSE Sensex was […]
Reliance Industries is India’s most-visible company: Report
Reliance Industries Ltd, India’s largest corporate by revenues, profits, and market value, topped the 2022 Wizikey Newsmakers report as India’s most-visible corporate in the media. State Bank of India, ICICI Bank Limited, Bharti Airtel Limited, and One 97 Communications Limited, which owns Paytm, are the other firms in the top five rankings, Wizikey said in […]
Zee Business Stock, Trading Guide: 10 things to know before market opens on 13 December 2022
Zee Business Stock, Trading Guide: The Indian markets started the week on a volatile note and ended almost unchanged amid weak global cues, this is in continuation to the prevailing corrective phase. In a seesaw trade today, Nifty and Sensex settled at 18497.15 and 62,130.57, respectively. Meanwhile, a mixed trend on the sectoral front kept […]
Samir Arora has zero allocation in stocks of this sector for the first time ever
Samir Arora, founder and fund manager at Helios Capital, remains negative on IT stocks. “For the first time in our history, we have zero allocation in IT,” the fund manager told Reuters. The slowdown in the global economy will have a significant bearing on their business, leading to earnings disappointments, he said. After a significant […]
