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The gains in real estate and consumer durables stocks are driving up domestic indices. Overnight, Wall Street indices ended marginally higher. While investors anticipated the US Federal Reserve's conference this week, gains in energy s
On Wednesday, for the second consecutive day the Bank Nifty formed an open=low candle. Also, it formed a strong bullish bar with a higher high and higher low as compared to prior trading session bar. As a result, the Bank Nifty closed above the prior
HOLDING PERIOD ACTION STOCK CMP SL TARGET 1 TARGET 2 BTST BUY CANBK 2
The domestic equities benchmarks completed Wednesday's turbulent session with modest advances. Stocks in private banks, media, and real estate were popular. Conversely, shares of consumer durables, pharmaceuticals, and IT were under pressure
An investment of Rs 1 lakh in the shares of this company two years ago would have turned to Rs 3.85 lakh today. Schaeffler India Ltd, an S&P BSE 500 company, has delivered multibagger returns to its shareholders in the last two years. Du
HOLDING PERIOD ACTION STOCK CMP SL TARGET 1 TARGET 2 BTST BUY NOCIL 2
Billionaire Gautam Adani has been on a buying spree—from airports to cement companies to power plants—he is literally throwing billions of dollars in borrowed money at everything that is on the block. And everything that’s not. Asia’s rich
Domestic indices oscillate between modest gains and losses in the face of the volatility. Major Asian indices declined as investors tried to predict if a downturn in the economy would trigger monetary tightening by the Federal Reserve. Stock
The real estate and telecom sectors led the gains as domestic indices reversed earlier losses. Latest data showed that in August, US private sector business activity declined for the second consecutive month. Investor emphasis on data showin
Similarly to the Nifty, the Bank Nifty also opened below 20DMA and but it formed an open=low candle. In the end, it closed its two days losing streak as it jumped over 1% on Tuesday. On the daily chart it has formed a sizable bullish candle. The 2
It was quite a day for the Adani group. Creditsights, a Fitch group unit in its latest report said that the Adani group is ”deeply overleveraged”.The report went on to discuss how the company can fall into a spiral of debt trap becaus
Domestic indices rebounded after a 2-day break led by auto and metal sector stocks. The significant fall in Indian domestic indices is primarily due to profit-taking by domestic institutional investors (DIIs), who have been frequent sellers recent
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