Breakout Stocks: How to trade HUDCO, Sonata and Swan Energy on Friday
Nifty Midcap and Smallcap indices also registered fresh all-time highs. Advancing shares outnumbered the declining shares for the second day in a row as the advance decline ratio stood at 1.21 levels on BSE Key Points
Economic TimesSensex, Nifty close flat as auto, consumer stocks offset slide in financials
India Business News: Indian shares were mostly unchanged on Wednesday due to the rise in auto and consumer stocks offsetting the fall in financials. Nifty index rose 0.05% Key Points
Times Of IndiaSensex surges 450 points, hits fresh record high; Nifty above 19,050
Indian shares rose on Friday, with the benchmarks scaling new all-time highs on improved sentiment following robust economic data from the U.S., which eased fears of a slowdown. The midcaps and smallcaps hovered around fresh record and 52-week highs, Key Points
Times Of IndiaNifty, Sensex hit new record highs as strong US data lifts mood
India Business News: All the 13 major sectoral indexes logged gains, with high-weightage financials rising 0.74%. India's blue-chip Nifty 50 and Sensex indexes rallied to Key Points
Times Of IndiaIndia's Nifty, Sensex hit new record highs as strong US data lifts mood
Indian shares opened higher on Friday, with the benchmarks scaling new all-time highs on improved sentiment following robust economic data from the U.S., which eased fears of a slowdown. Key Points
Reuters
Nifty, Sensex near all-time highs, but Zerodha CEO Nithin Kamath doesn’t feel like it’s a bull run; here’s why
Zerodha founder and CEO Nithin Kamath pointed at the active NSE clients and social media trends, which are way below their all-time highs. He said that the real competition of Zerodha is not its peers but the bank’s high FD rates. Key Points
FinancialexpressMarket soars to new heights: Sensex, Nifty surge in opening rally
Mumbai (Maharashtra) [India], December 28 (ANI): The stock market unveiled a spectacular opening today, propelling both the Sensex and Nifty indices to unprecedented all-time highs. The day commenced with a dazzling surge, with Sensex surging by an impressive 275.62 points to an extraordinary 72,323.34. In tandem, Nifty painted a picture of optimism, marked by a […] Key Points
ThePrintS&P 500, Nasdaq hit record highs as jobs data strengthens rate cut bets
At 09:37 a.m. ET, the Dow Jones Industrial Average was up 8.98 points, or 0.02%, at 38,800.33, the S&P 500 was up 9.57 points, or 0.19%, at 5,166.93, and the Nasdaq Composite was up 55.76 points, or 0.34%, at 16,329.14. Key Points
Economic TimesSensex, Nifty at record highs as financials lead gains
The NSE Nifty 50 index climbed by 0.47 per cent to reach 19,413.50, while the S&P BSE Sensex jumped 0.59 per cent to 65,586.60 as of 9:17 am. Key Points
India TodayStock market today: Sensex hits 70,000, Nifty 50 above 21,000 led by ONGC, Coal India, UPL
The S&P BSE Sensex gained 0.32% to 70,048.90, while the NSE Nifty 50 index increased by as much as 0.24% to 21,019.80 points at 10:06 IST. Key Points
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India's blue-chips set to continue ascent towards new record highs
Indian shares are set to open higher on Thursday, with the benchmark indexes inching towards new record highs, as bets of U.S. interest rate cut by March 2024 have triggered foreign inflows ahead of key macroeconomic data. Key Points
ReutersWall Street climbs on signs of easing inflation; chip stocks gain
U.S. annual inflation slowed considerably in June, likely pushing the Federal Reserve closer to ending its fastest interest rate hiking cycle since the 1980s Key Points
Business TodayUS stocks: Wall Street ends down as debt-ceiling clouds hover
International Business News: US stocks fell, with the S&P 500 and the Dow Jones Industrial Average both down by 0.73% and 0.77%, respectively. The Nasdaq Composite dropped 0.61%. Key Points
Times Of IndiaIndian stock indices touch fresh summits; firm growth outlook, foreign investments buoyed
New Delhi [India], December 20 (ANI): Indian stock indices – Sensex and Nifty – hit fresh highs at the opening bell Wednesday, due to a host of factors including a firm economic growth outlook and strong inflow of foreign investments. The indices had touched their all-time highs last week too. Show Full Article Sensex was […] Key Points
ThePrintSanjeev Bhasin on 4 stocks to consider in the capex theme and include in portfolio
Sanjiv Bhasin, Director at IIFL Securities, recommends having L&T and Thermax in a portfolio. He also suggests considering Bharat Forge as a quasi-play on ABB. Bhasin believes that the capital goods sector, particularly capex, is a lucrative space. He mentions that L&T's announcement of a buyback at a high stock price reflects management confidence. Bhasin also expresses optimism about Diageo (United Spirits) and Radico Khaitan in the liquor industry. Key Points
Economic Times
Independence Day Sale! 107 stocks down up to 84% from 52-week highs; should you grab any?
Eight stocks have corrected more than 50% from their respective 52-week highs, and three of the biggest losers in this list are Adani Group firms - Adani Green Energy, Adani Energy Solutions, and Adani Total Gas. These stocks were down 62-84% from their 52-week highs. While Adani Wilmar was down 55% from its 52-week high, Adani Power corrected more than 33%, and Adani Enterprises about 39%. Key Points
Economic TimesFlashing red! Over 300 stocks down 50% from all-time highs, what should investors do?
Several public sector banks were part of this list despite seeing a stellar run in 2022. The strong improvement in earnings and asset quality, coupled with credit growth triggered buying in this pack last year and also turned some of the stocks multibaggers. Key Points
Economic TimesSteady Europe keeps stocks near record highs
By Marc Jones LONDON (Reuters) - World shares held close to record highs on Wednesday thanks to new all-time peaks in Europe and on Wall Street, as investors bet hotter-than-expected U.S. inflation Key Points
ThePrintDollar set for weekly rise after sea-change in global rate outlook
By Amanda Cooper and Tom Westbrook LONDON/SINGAPORE (Reuters) - The U.S. dollar was set for a second week of broad gains on Friday, with even a rate hike in Japan unable to halt its march, and a Key Points
ThePrintAfter big crash in smallcap stocks, what wounded investors must do now
Indian Stock Market experienced a substantial decline, notably in smaller indices, impacting retail investors. A stock falling 20% needs 25% gain to recover losses. Investors should consider these factors to manage their portfolios effectively. Key Points
Economic TimesGold firms ahead of US CPI data on cautious Fed approach
By Swati Verma (Reuters) - Gold prices hit two-week highs on Thursday, as the U.S. dollar and Treasury yields stumbled on the Federal Reserve's cautious approach on interest rates, while investors Key Points
ThePrintMorning Bid: Tesla, Netflix underwhelm
A look at the day ahead in U.S. and global markets from Mike Dolan Key Points
ReutersWall St opens lower on debt ceiling jitters, Fed meet in focus
The Dow Jones Industrial Average fell 34.08 points, or 0.10%, at the open to 34,017.62. The S&P 500 opened lower by 3.77 points, or 0.09%, at 4,164.10, while the Nasdaq Composite dropped 14.58 points, or 0.12%, to 12,198.02 at the opening bell Key Points
mintNifty set to hit new highs soon: Analysts
Nifty concluded last week with a 1.4% surge, extending its streak of eight consecutive weeks of new highs and record closing highs. The daily chart reveals a breakout within the 18,750- 18,350 range, indicating favorable conditions for continued bullish momentum as the index prepares to touch fresh all-time highs. Key Points
Economic TimesSensex, Nifty hit record highs as heavyweight stocks gain; Reliance jumps 2%
The S&P BSE Sensex hit a lifetime high of 78,594.04 during intraday trade, while the Nifty50 rose to 23,859.50. Key Points
India Today
Where is Nifty50 headed in April? See what history has to tell about D-Street action
FY25 has started positively for equities, with strong capital flows and Nifty50's 27% gains in FY24. Bulls are likely to dominate Dalal Street in April amid key events like RBI's monetary policy and general elections. Key Points
Economic TimesUS stocks end lower ahead of Powell, jobs data; bitcoin surges
By Stephen Culp NEW YORK (Reuters) -Wall Street stocks closed lower on Monday, backing away from record highs, while U.S. Treasury yields ticked higher as investors looked ahead to key jobs data and Key Points
ThePrintTechnical Breakout Stocks: How to trade Sona BLW, Intellect Design and PB Fintech on Friday
The S&P BSE Sensex rose nearly 200 points while the Nifty50 closed higher but failed to hold above the 22,000 mark on Thursday. Sectorally, buying was seen in power, public sector, metal, and capital goods stocks while healthcare stocks saw some selling pressure. Key Points
Economic TimesStay invested, we are not in a bubble zone, but remain watchful: Sumit Poddar, Tikona Capital
Sumit Poddar discusses the mixed outlook of the market, strong SIP flows, Q3 results, opportunities in smallcaps, and his view on the paint sector, including the entry of Grasim and the importance of the distribution side for competition. Poddar also says rather than looking at the size of the company, we are looking at the opportunity that these companies are offering. We are not necessarily buying it because it is either a smallcap or a midcap. Key Points
Economic TimesJapan's Nikkei hits record high after Nvidia beat, rest of Asia muted
By Kevin Buckland TOKYO (Reuters) - Japan's Nikkei share average topped its all-time peak on Thursday, after unexpectedly strong revenue forecasts from U.S. chip designer Nvidia lifted Asian tech Key Points
ThePrint
In next couple of days, opportunities may show up in private banks: Rohit Srivastava
Rohit Srivastava identifies FMCG and private banks as the weakest sectors. Short-term bounce back seen in HDFC Bank and ICICI Bank. Nifty and Bank Nifty may have experienced a false breakout. Drop in volumes and critical support levels to watch. PSU stocks show high RSI and potential shorting opportunities in oil and power segments. Key Points
Economic TimesPut money in select midcaps; one stock that can give 50% return in next 3 months: Sanjiv Bhasin
Sanjiv Bhasin believes that the odds of continuation of the government and policies are getting stronger after three straight elections, with Bihar turning Paltu being a significant event. He also highlights the outperformance of PSUs, the moderation of inflation numbers by the Fed, and the upcoming election verdict as factors contributing to reduced uncertainty. Bhasin suggests investing in midcaps, specifically mentioning Electro Force as a stock that can potentially provide a 50% return in the next three months. Key Points
Economic TimesS&P 500 ends near record high as AI optimism lifts chipmakers
U.S. stocks ended sharply up on Thursday, with the S&P 500 approaching record highs as AI optimism drove gains in Nvidia and other chipmakers. Key Points
Economic TimesETMarkets Smart Talk: Indian market is currently not in bubble zone, but some are in euphoric zone: Rohit
Small & midcaps had a tremendous run in the last 2-3 years and have significantly outperformed the largecaps over the same period which has stretched the valuations of the small and midcap space. However, within the space, there are still quite a few companies that are likely to not only deliver better earnings than largecap companies but are also available at decent valuations. Key Points
Economic TimesIndian stocks off their peaks, settle marginally lower on profit booking
New Delhi [India], December 18 (ANI): Indian stock indices were highly volatile on Monday, to later settle for the day in the red, primarily attributable to profit booking by investors after a consistent rise over the past few weeks. Sensex closed the session at 71,315.09 points, down 0.24 per cent, whereas Nifty closed at 21,418.65 […] Key Points
ThePrint
Don’t make this mistake while buying stocks with Nifty at record high level
In this hype, many retail investors are rushing into the market. They may be influenced by the euphoria of Nifty at all-time highs and fear of missing out. However, in this rush to participate and benefit from the markets they are ignoring the risks associated with it. Risk is inseparable from the world of investing. Key Points
Economic TimesRecord-breaking surge in stock market: Sensex and Nifty reach unprecedented highs
Mumbai (Maharashtra) [India], December 15 (ANI): The Indian stock market closed on a positive note on Friday, with the BSE Sensex surging by an impressive 969.55 points to reach an unprecedented high of 71,483.75. Sensex and Nifty reach unprecedented highs. Show Full Article Among the Nifty companies, prominent gainers included HCL Technologies, TCS, Infosys, SBI, […] Key Points
ThePrintTime to book profits in power stocks; India heading towards currency risk: Rohit Srivastava
“The RMI indicator that we use is giving sell signals on many of these key sectors so it is slightly difficult to take a bullish trade here. If at all, we will take one, we will possibly take a bearish trade and start with the index and, of course, the sectors which have moved up the most, then can give you a correction as well.” Key Points
Economic TimesRIL, HDFC Bank, Infosys, and 5 other large caps are 7-25% below all-time highs
Reliance Industries shares are 14.67% below their peak. HDFC Bank is down 7.61%, Infosys by 25.55%, and Kotak Mahindra Bank recovered 4.16% in December so far but remains down 19.35% from its peak. Key Points
mintRupee ends down on importers' dollar buys, recovery in greenback
The Indian rupee fell on Monday as a slight recovery in the U.S. dollar and strong dollar demand from local companies blunted positive cues that boosted equity indexes to record highs. Key Points
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Drop in oil prices, US yields to lift rupee to near 83/dollar
The Indian rupee is expected to climb on Wednesday following a further decline in oil prices on worries over demand and a pullback in U.S. Treasury yields. Key Points
ReutersNifty will cross 20,000 before Diwali; next 2-3 years belong to midcaps: Sanjiv Bhasin
As a basket of stocks, midcaps are still going to rule the roost and we are closer to year end where again the Diwali effect, the left out feeling is going to be humongous. So, the next two-three years belong to midcaps and we will take it from here till the election and Budget that they can still outperform. Key Points
Economic TimesIOC, BPCL & SBI Card three picks for next one month: Sanjiv Bhasin
Sanjiv Bhasin, Director at IIFL Securities, recommends considering oil marketing companies, as well as TCS, which he believes will continue to perform well despite mixed numbers and a lower-than-expected buyback. Bhasin is bullish on Zomato and the fintech space, and suggests considering cement companies like ACC, Ambuja, UltraTech, and Dalmia Bharat. He also praises Nestle for its bullish outlook on India. Key Points
Economic TimesGold pauses declines as investors hold breath for US payrolls report
By Swati Verma (Reuters) - Gold edged up from seven-month lows on Friday, as the U.S. dollar and bond yields took a breather after scaling new highs this week ahead of U.S. non-farm payrolls data. Key Points
ThePrintWall St opens lower as yields rise ahead of Powell speech
The Dow Jones Industrial Average fell 52.00 points, or 0.16%, at the open to 33,455.50. The S&P 500 opened lower by 3.53 points, or 0.08%, at 4,284.52, while the Nasdaq Composite dropped 1.34 points, or 0.01%, to 13,217.99 at the opening bell. Powell and Philadelphia Fed President Patrick Hasker will speak at a roundtable discussion, due 11 a.m. ET, with local employers and small business owners on efforts to grow the economy. Key Points
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S&P 500 falls after inflation data as weak quarter nears end
The S&P 500 fell on Friday as investors digested implications of a U.S. inflation report for the Federal Reserve's interest rate policy and adjusted their portfolios on the last day of a weak third quarter for stocks. Key Points
ReutersTop gainers, losers today: Infosys, Asian Paints, SBI, among most active stocks
Sensex and Nifty reach new closing highs for the fifth consecutive session, boosted by global cues and a weakened dollar. Top gainers include Infosys and Asian Paints. Key Points
mintIndian shares set for muted open as US jobs data fuels rate concerns
Indian shares are set for a subdued start on Friday, tracking weakness in global peers, after data indicating strength in the U.S. labour market fuelled concerns of further monetary policy tightening. Key Points
ReutersBulls in Action! Sensex, Nifty hit fresh highs on rally in IT, auto stocks; gain 6% on half-yearly basis
The market capitalisation of all listed companies on BSE surged by Rs 2.36 lakh crore to Rs 296.47 lakh crore in Friday's trade. Meanwhile, in the month of June, the market cap of all listed firms on BSE advanced 12.35 lakh crore to Rs 296.47 lakh crore. Key Points
Economic TimesFPI buying powers Sensex, Nifty to new closing highs
The Nifty and the Sensex each closed up 0.74% at 18,826 and 63,384.58, marginally shy of their record intra-day highs of 18,887.6 and 63,583.07 on 1 December Key Points
mint
Sensex, Nifty end at record highs; investors add Rs 2 lakh cr to wealth
Indian benchmark equity indices closed at new highs on Friday, following positive cues from global markets and boosted investor sentiments. The Sensex and Nifty gained 0.74% and 0.74%, respectively. US data suggesting a less hawkish stance from the Federal Reserve also contributed to a surge in optimism among investors Key Points
Economic TimesBanks, rate-sensitive sector shares decline
The Bank Nifty snapped its four-day winning streak to slip below 44,000. The gauge of top banking stocks settled at 43,995.25, down 277.05 points or 0.63% from the previous close. Key Points
Economic TimesUS stocks: Wall Street ends sharply lower on deadlocked debt ceiling talks
India Business News: The S&P 500 benchmark index declined 1.12% to finish at 4,145.58 points, and the Nasdaq Composite fell 1.26% while the Dow Jones Industrial Average sl Key Points
Times Of India