Sensex, Nifty close in red; will stock markets continue gaining next week? Here’s what experts say

Domestic benchmark indices, Sensex and Nifty, closed in the red on the last trading session of this week. S&P BSE Sensex closed with 44,149 points or down 0.25% while the 50-stock NSE Nifty moved 18 points lower to end at 12,968. Index heavyweights like Reliance Industries, TCS, and Infosys all closed with losses. Only 12 […]

Sensex, Nifty tumble after reaching fresh highs, end deep in red; are bears returning to D-Street? 

Only three of the 30 Sensex constituents closed with gains. ONGC gained 6.25%, followed by Power Grid and IndusInd Bank. After having hit fresh all-time highs on Wednesday morning, Sensex and Nifty saw a sharp sell-off as stock markets closed deep in red. Sensex and Nifty tanked 1.5% each during the day’s trade. Only three […]

Nifty in for more range bound action? 5 things to know before opening bell today

Since opening today, Nifty 50 has been on an upward trajectory and is now trading near 13,050 levels Domestic equity benchmarks scaled to new all-time highs on Monday and managed to close with gains yet again. S&P BSE Sensex now sits at 44,077 points while the Nifty 50 index is at 12,926 levels. Technically, the […]

Nifty in for more range bound action? 5 things to know before opening bell today

Domestic equity benchmarks scaled to new all-time highs on Monday and managed to close with gains yet again. S&P BSE Sensex now sits at 44,077 points while the Nifty 50 index is at 12,926 levels. Technically, the equity markets are still trading with a positive bias and chartists expect the 50-stock Nifty to achieve 13,000 […]

Share Market Highlights: Sensex ends 282 pts higher, Nifty closes above 12,850; RIL falls 3.5%, Bajaj Finserv up 9%

Nifty Open Interest Put Call ratio fell sharply to 1.29 levels from 1.67 levels. Amongst the Nifty options (26-Nov Expiry), Call writing was seen 12800-12900 levels, Indicating 12900 level will act as a strong resistance going forward. On the lower side, support is seen around 12700 levels where we have seen addition in Puts. To […]

Healing economy expected to keep markets high (IANS Market Watch)

(MENAFN – IANS) By Rohit Vaid Mumbai, Nov 21 (IANS) Economic recovery along with hopes of a Covid-19 vaccine will keep domestic stock markets high during the upcoming trade week. Analysts opined that markets are likely to oscillate between renewed fears of rising covid cases globally and optimism over vaccine development. Besides, profit booking as […]

As Titan stock glitters on better festive recovery, sustaining momentum is key

In these times, as companies heal from the covid-19 lockdown and move towards normalcy, better than expected recovery is exciting for investors. Titan Co. Ltd said its jewellery business witnessed a mid-teens year-on-year growth (around 15%) for the 30 day festive season starting from Dussehra till Diwali. Investors approved. The stock closed 5.6% higher on […]

Check Goldman Sachs’ top bets for next year: RIL, SBI, other recovery plays and alpha ideas

Along with Nifty, analysts at Goldman Sachs also see a positive set up for Asian equities where they expect 18% total USD returns in 2021. Goldman Sachs said last week that it expects India’s Nifty 50 to hit 14,100 points by the end of the next year 2021, raising India to ‘overweight’ among asian equity […]

Predicting the future correctly won’t make you money

Everyone who invests in the stock market wished they could go back in time and decide which stock to buy.  One of the most overused graphs in the investment management industry is showing the growth of the HDFC Bank stock price since the early 1990s. I also recently got a WhatsApp forward showing how if […]

Sensex, Nifty gain for seventh day straight; here’s what experts make of today’s market movement

For the seventh-day straight Sensex and Nifty have surged and for the second day straight they have climbed to new record highs. S&P BSE Sensex closed at 43,277 points while Nifty 50 breached the 12,600 mark. Financials aided the rally while pharma and IT stocks were down in the red. Positive news flow around the […]