Studies show gene-based drugs to lower cholesterol in people with naturally high levels
According to researchers, drugs can be given to patients by injection four times a year. Gene-based drugs could help lower cholesterol levels in patients... Key Points
The Tribune IndiaDangerous lead levels found in kids activity kit sold by Chinese e-com giant
A kids' activity kit being sold by a Chinese e-commerce giant has been found to contain lead about 158 times higher than permitted levels, the city... Key Points
The Tribune IndiaTechnical Breakout Stocks: How to trade Century Textiles, L&T, and ABB India on Monday
Century Textiles has been consolidating for the past 2-3 months now in the zone of Rs 1,350-1,600 and is now breaking out from the same zone. It is expected to test Rs 1,850+ levels. Key Points
Economic TimesSell-on-rise likely in Nifty, broader market indices: Nagaraj Shetti
Nagaraj Shetti predicts continued weakness in OMCs with eroded upside momentum. Shetty further says that another 5-7% downside in the three OMC stocks is likely. Market lacks buying support, with Nifty facing downside pressure. Small Cap 100 support at 13,200 levels. Sell-on-rise opportunity in NMDC with a downside target at Rs 175. Key Points
Economic TimesTechnical Breakout Stocks: How to trade Colgate-Palmolive, HUL and UPL on Friday
The Nifty50 rose 148 points to close at 22,146 while the S&P BSE Sensex rose 335 points to close at 73,097. Sectorally, buying was seen in telecom, utilities, oil & gas, and power stocks while selling was seen in banking stocks. Key Points
Economic Times
GIFT Nifty up 120 points; here's the trading setup for today's session
The crucial opening downside gap of 17th Jan is now placed at the verge of decisive upside breakout at 21970 levels. Immediate support is at 21750 and the next overhead resistance to be watched around 22125 levels, said Nagaraj Shetti of HDFC Securities. Key Points
Economic TimesPre-Budget rally? Not sure. 2 Adani stocks good for trading, not for investing: CA Rudramurthy BV
CA Rudramurthy BV, MD, Vachana Investments, says the Bank Nifty spot level of 45,600 and the Nifty level of 21,650 are crucial for determining the pre-budget rally. He is waiting for a close above these levels to confirm the market's upward movement. He advises being stock specific and waiting for opportunities to buy. He also shares his trading ideas, including a positive outlook on Thomas Cook and MRPL stocks. Key Points
Economic TimesBulls will come back from consolidation and take Nifty to 21800: Jay Thakkar
“Coming to the intraday perspective, the kind of reversals which we have seen today from 21,400 on the futures and 21,300 on spot, the range for Nifty being 21300-21350 on the downside to 21500-21525 on the upside as far as spot levels are concerned. It would continue to consolidate within 250-300 points range till we get a breakout on the upside, about 21525.” Key Points
Economic TimesWhy Aditya Agarwala is recommending buy for these 2 NBFCs
“At current levels, one should look to go long on Mahindra & Mahindra Finance, look for a target of 315 on the upside, with a stop loss at 264 on the downside. The second stock is Piramal Enterprise, PEL. Again, as we speak, the stock is making new high but again at current levels, one can look to go long for a target of Rs 985 and if 985 is taken out.” Key Points
Economic TimesJay Thakkar has buy recommendations on these 3 stocks. Here’s why
“Kotak and HDFC and ICICI all the private sector banks have good weightage on the Bank Nifty. So, I am sure that Kotak Bank will inch towards Rs 1,830 levels and definitely will push Bank Nifty as well above 44,500. I have a short-term target of Rs 582 on ICICI Pru. One can buy that with a stop loss of Rs 534. These are the futures levels.” Key Points
Economic Times
2 stocks considering going long on in a falling market: Kunal Rambhia
18,975 is something to watch out for. So, in a day or two, if the indices are able to reclaim those levels, then the bounce till around 19,500 cannot be ruled out. But failing to reclaim the level, the 18,400 kinds of levels are something to watch out for and this correction might just get extended for 400 to 450 points more from the present levels. Key Points
Economic TimesMCX is a stock to buy on every dip: CA Rudramurthy
According to CA Rudramurthy, Founder of Vachana Investments, the market is expected to consolidate at current levels with small corrections. He believes that the market will test all-time highs soon. He advises against shorting the market unless it breaks long-term support levels. He also suggests buying MCX stock at current levels, as it is in an uptrend and is expected to reach levels of Rs 2,300-2,500. Key Points
Economic TimesDecoding the Week: What's next for Nifty and key sectoral shifts
The highlight of the week was the surging US 10-YR yields that put pressure on global equities and India was resilient, but no different. The markets went on to test key support levels on the weekly charts and experienced a technical rebound from there. Key Points
Economic TimesShort-term trend reversal notwithstanding, buy the dips as Nifty headed to 20,000-20,300: Axis Securities
In the near term, any corrections towards 19300-19100 levels should be seen as a buying opportunity, as the index has the potential to extend its rally and test levels of 20000-20300 points. In the week ended August 10, benchmark indices lost about 0.4%. This was primarily due to the Reserve Bank of Indias move to impose an incremental Cash Reserve Ratio of 10% on banks in its move to tighten the liquidity in the system. Key Points
Economic TimesBig Movers on D-Street: What should investors do with Suzlon, CMS Info Systems & Max Financial?
The stock made a double bottom around its lower level and surged once again to close above 20-odd marks. Currently, the stock is in an uptrend and can face minor resistance of the previous higher level of 20.80; once the level is taken out, we can see 26-32 odd levels. Key Points
Economic Times
Stocks to buy this week: Anuj Gupta suggests these five shares to buy
Nifty and Sensex reached new highs, but IT sector disappointed due to Infosys' results. Market in overbought zone, but Nifty may test 20000. Buy RENUKA SUGAR, PNB, Ashok Leyland, Grasim, and NTPC. Key Points
mintBuy or sell: Vaishali Parekh recommends three stocks to buy today — 12th July
Indian market to be influenced by Q1 earnings of major IT firms like TCS and HCL Tech. Market tone expected to be positive, but volatility possible. In previous session, markets ended positively. Sensex up 0.42%, Nifty 50 up 0.43%. Key Points
mintBuy or sell: Vaishali Parekh recommends buying in 3 stocks today — 21 June
Sensex closed with a gain of 159 points, or 0.25 per cent, at 63,327.70 while the Nifty ended at 18,816.70, up 61 points, or 0.33 per cent. Key Points
mintRupee to face strong resistance near 82.80, slip back to 81.80 amid softening crude oil prices, USD correction
The USDINR pair may slide towards 81.80 level which is support of rising trend line, as long as it remains below 82.80. Key Points
FinancialexpressNifty’s short-term trend is negative, 18,000 crucial support level; buy these two stocks to pocket gains
Nifty 50's short-term trend is negative and the index is sliding to lower levels. The crucial support is seen at the 18,050-18,000 levels. Key Points
Financialexpress
Rupee to appreciate on softening crude prices, DXY to face hurdles near 102.5 level; US debt ceiling eyed
As the dollar weakens and crude prices fall, the rupee might see appreciation to 81.3 levels. Key Points
FinancialexpressBuy or sell: Vaishali Parekh recommends buying in 3 stocks today — 26 April
BSE Sensex closed 75 points, or 0.12 per cent, higher at 60,130.71 while the Nifty closed at 17,769.25, up 26 points, or 0.15 per cent. Key Points
mintBuy or sell: Vaishali Parekh recommends buying in 3 stocks today — 12 April
From March 29 to April 11th, Sensex has zoomed by 2,544 points or 4.41%, while Nifty 50 advanced by nearly 771 points or 4.55%. In 7 trading sessions, BSE-listed firms' market cap has skyrocketed by more than ₹12.56 lakh crore. Key Points
mintRBI meeting, FII action and rupee movement among top 10 factors that will sway Dalal Street this week
Indian markets started the new financial year with strong gains despite a holiday-shortened week. However, next week is likely to be more challenging as there are several domestic and international events lined up, including the RBI monetary policy meeting, the movement of Brent and US crude oil prices, and the rupee's fluctuation against the US dollar. Technical elements will play a significant role with dips providing opportunities to add long positions in the index. Key Points
Economic TimesHow retail investors can ace the index
According to the study, about 65% of investors are unaware of their exact stock market returns. It might be attributable to the enormous number of transactions they made, not taking into consideration the length of time, capital gains and dividends earned, leverage used, and so on. Key Points
Economic Times
Expect rupee to appreciate amid USD retreat as Fed signals monetary tightening pause
Currency firmed on anticipation that the US Federal Reserve was near the end of its rate hiking cycle. USDINR pair after making a high of 82.70 levels retraced back to 82.40 levels. Key Points
FinancialexpressHappy place! Finland named world’s happiest country for the sixth consecutive year – Here’s where India ranked
Finland, which boasts of numerous lakes and forests, is known for its robust welfare system and low levels of inequality. It also has high levels of trust in its officials. Key Points
FinancialexpressIt’s time for caution as bond yields reverse
This is where the FOMC meeting next week becomes even more interesting. The expectation for a rate hike has been revised from 50 bps to 25 bps post the Silicon Valley Bank collapse. The anticipation has deepened to no rate hikes as more banks collapsed. Key Points
Economic TimesNifty may take support at 16800-17000, Bank Nifty may slide towards 38500; SRF, NMDC among top stocks to buy
The ideal strategy for Nifty/Sensex should be to create positional long trade between 17000/57700 to 16800/57300 levels. Bank Nifty could slide towards 38500 levels if 39100 is dismissed. Key Points
FinancialexpressNifty strategy: Keep stop loss at 19,500 for long positions, says ICICIdirect
ICICI Securities recommends selling the 3rd August Nifty 19650 call between 95-100 and setting a stop loss of 5 with a target price of 50; the same condition is advised for selling the 3rd August 19650 call. The Nifty is expected to remain at 19500-19800 levels in the near future. According to the India VIX, volatility is at a low of 10.20 and may remain so. Long positions must have a stop loss near the 19500 levels. Key Points
Economic Times
AB Capital & Castrol India are Nagaraj Shetti’s top picks of the day. Here’s why
Nagaraj Shetti recommends AB Capital and Castrol India as top picks. AB Capital has a positive chart pattern and a target of Rs 196-197. Castrol India is in an uptrend with a target of Rs 220-222. Both stocks have stop losses in place. Key Points
Economic TimesUsing near-infrared spectroscopy to study how baby brain responds to touch
Tokyo [Japan], December 11 (ANI): Tokyo Metropolitan University researchers have studied how an infant’s brain reacts to touch based on the amount of oxygenated haemoglobin in their blood. They discovered that while the amount of variation in levels over time changes with infant age, the moment at which they peak remains constant. They made this […] Key Points
ThePrintBreakout Stocks: How Poly Medicure, Ircon International and IRFC are looking on charts for Tuesday
Indian market closed in the green for the second day in a row. The S&P BSE Sensex rose over 200 points while the Nifty50 closed just a shade below 19,600 levels. Sector-wise, buying was seen in healthcare, telecom, IT and realty stocks while selling was seen in utilities, power, and metals Key Points
Economic TimesArihant Capital’s Mileen Vasudeo on 2 stocks to bet on now
Arihant Capital Markets' Mileen Vasudeo, predicts that the Nifty index will slowly and steadily move towards its 200-day moving average line, which currently sits at 17,540 levels. The gap area of 17,204 to 16,940 levels will act as strong support for the market, but further confirmation is needed for it to go higher. Vasudeo recommends buying Bajaj Auto, and RVNL . Key Points
Economic TimesWhy Indian stocks are under performing in 2023
Most Global Central Banks in their latest meeting have slowed down the pace of their rate hike, a maximum of 25 bps increase has been witnessed except for a few European countries. India & USA both slowed its repo rate hike to 25 bps from 50 bps in the previous meeting. Key Points
Economic Times
'Housing affordability may improve next year'
The affordability levels for home purchase in India saw a decline in 2022 for the first time in a decade having hit peak affordability levels in the previous year. Global recessionary winds and rising interest rates saw India's central bank raising the repo rate by 225 bps from May till December 2022. And a further 25 bps hike was implemented in February 2023. Key Points
Economic TimesBreakout Stocks: How to trade MCX, Nesco and eClerx on Thursday
The S&P BSE Sensex rallied more than 700 points while the Nifty50 closed above 19600 levels on Wednesday. Sectorally, buying was seen in realty, IT, auto, oil & gas and energy stocks. Key Points
Economic TimesVery difficult for Indian bond yields to slide lower from here: Lakshmi Iyer
“Incrementally from here for yields to slide lower looks very difficult. It is being capped at maybe 7.20, 7.25 levels, largely because of the announcement of the index inclusion, which is still some time away. Near-term global headwinds are going to be weighing on the sentiments and could prevent a significant rally from the current levels.” Key Points
Economic Times