Sensex, Nifty end higher as investors await Q1 GDP data; RVNL up 4%
The S&P BSE Sensex rose 231.16 points to 82,365.77, while the NSE NIfty50 settled 83.95 higher at 25,235.90. Key Points
India TodayRajesh Palviya handpicks Bharti Airtel, Bank of India as top picks which could give 10-12% return in 3-4 w
Nifty50 closed at 22,494 with a gain of 115 points, forming a small bullish candle. Buying at support level of 22,200 is expected. Bharti Airtel, Bank of India, Bharat Electronics, and Pidilite Industries showed bullish breakouts, suggesting upside in the next 3-4 weeks. Key Points
Economic TimesThese midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 20%, according to analysts
Even when nifty and Sensex had been correcting, midcap stocks have been continuing with their party. Today when nifty is trading in green, the gain in midcap indices are higher as they continue to outperform. This is happening as the “risk on trade” continues with all the positive news across the globe and is clearly reflected in the overall markets breadth which is extremely positive. Over the next few weeks, if there is a resumption of positive FII flow than we might see these stocks getting pushed. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . This predefined screener is only available to ET Prime users. Key Points
Economic TimesGift Nifty up 40 points; here's the trading setup for today's session
We expect markets to be in a range with a positive bias and end the year on a positive note. While there is a lack of significant triggers and in the absence of any major events due holiday season. Stock-specific movement and series of new listings would keep the investors in action, said Siddhartha Khemka, Head - Retail Research, Motilal Oswal. Key Points
Economic TimesSophie Turner shares Instagram video for the first time after divorce from Joe Jonas
In the video, Sophie Turner emphasized the need to transition to renewable energy and highlighted the positive Power Plan as a viable solution. As a #PositivePowerPartner, she urged her followers to join her in encouraging government and industry decision-makers to support environmentally sustainable practices. Key Points
Economic Times
World Cup and festivity themes to dominate next 2 quarters; bullish on 4 stocks: Hemang Jani
Market expert Hemang Jani predicts that the upcoming ICC World Cup and festive season will drive consumer demand in the next two quarters, benefiting sectors like QSR, hotels, and aviation. Food prices will be a key monitorable, but short-term spikes have been easily absorbed by the markets. Jani recommends investing in Titan, Indian Hotels, Zomato, and other consumption names like D-Mart. He also suggests considering stocks in the logistics space, such as Blue Dart and VRL Logistics, which are expected to benefit from the growth in consumer demand. Key Points
Economic TimesWill Fitch cut in the US ratings impact Indian market? Hemang Jani answers
The Indian earnings season is going well with about 33 Nifty companies delivering decent numbers. Despite the downgrade of the US rating by Fitch Ratings from AAA to AA+, there is no need to be too concerned as the broader trend for the Indian market is positive. The hospitality industry is looking particularly good with strong traction in occupancy and pricing. Key Points
Economic TimesSoaring High! 132 BSE500 stocks hit 52-week highs in May. Do you own any?
The positive momentum in the country's markets helped their case. Some big names on the list include IndusInd Bank, Hindustan Aeronautics, Titan, Ultratech, Kotak Mahindra Bank, and Indian Oil Corp. In contrast to the three consecutive months of decline beginning in January, the S&P BSE Sensex index gained approximately 2% in May 2023, helped by consistent FII buying despite mixed global cues. Key Points
Economic Times10 Quotes by Richard DeVos on Entrepreneurship and Leadership
Richard Marvin DeVos Sr. was an American billionaire businessman, co-founder of Amway with Jay Van Andel, and owner of the Orlando Magic basketball team. Key Points
Times of IndiaRupee rises 2 paise to close at 83.01 against US dollar
Mumbai, Jan 11 (PTI) The rupee appreciated 2 paise to close at 83.01 against the US dollar on Thursday, tracking its Asian peers and positive domestic equities. This is the seventh straight session of rise for the local unit, during which it has added 31 paise, since the level of 83.32 versus dollar recorded on […] Key Points
ThePrint
JP Morgan bond index inclusion: Fitch foresees minimal boost to India's credit profile
The inclusion could serve to lower funding costs slightly, and support further development of domestic capital markets, Fitch said.However, the direct positive effects on Indias credit profile will likely be marginal in the near term, according to the ratings agency. Key Points
Economic TimesBull run! 26 BSE500 stocks offered double-digit weekly returns to investors
Positive macroeconomic data helped domestic markets, with the Nifty falling just short of all-time high levels. During the week, 26 BSE500 stocks provided double-digit returns, with Brightcom Group leading the way at 27%, followed by Wockhardt with 26%. Key Points
Economic TimesGIFT Nifty up 60 points; here's the trading setup for today's session
Equity indices closed positively after a volatile week influenced by US Fed. Nifty futures signal a positive start. India VIX fell, Asian and US stocks were mixed. Dow Jones, S&P 500, Nasdaq closed lower. Key Points
Economic TimesSensex, Nifty gain as strong Q3 GDP growth lifts mood on Dalal Street
The S&P BSE Sensex was up 639.51 points at 73,139.81 at 10:02 am, while the Nifty50 rose 201.65 points to 22,184.45. Broader market indices also opened the day on a positive note. Key Points
India TodayGIFT Nifty up 40 points; here's the trading setup for today's session
Overall we expect the market to trade in range with positive bias. Globally investors would watch out for US & Europe Consumer Confidence Data, said Siddhartha Khemka, Head - Retail Research, Motilal Oswal. Key Points
Economic Times
'Report symptoms, increase testing': Govt advisory amid Covid spike, new JN.1 variant
In view of an upsurge in the Covid-19 cases and the new JN.1 variant, which has been detected in India, the Centre has asked the states to increase the number of RT-PCR tests and send the positive samples for genome sequencing. Key Points
mintSanjiv Bhasin on 3 pedigree stocks that are must-haves in your portfolio
“Pedigree stocks with business outlook and transparency and forward-looking guidance will always trade perfect to prices and supersede those prices. So, for Maruti, 12,000 is very much on the card. For Nestle 27,000 is a possibility. And thirdly, there is Indian Hotels .If you want to participate in the India story with a slightly longer-term view, these three stocks are a must in your portfolio. ” Key Points
Economic TimesPooja Bedi stands up for ex-husband after her statement about walking out of marriage without alimony went viral
Pooja Bedi rose to the defence of her ex-husband, after her old comments about walking out of her marriage resurfaced recently. The actor was married to Farhan Furniturewala and got divorced in 2003. Key Points
The Indian ExpressNext year, Tata Steel will be back on track for reducing debt by $1 billion annually: TV Narendran
Tata Steel CEO and MD, TV Narendran, expects steel consumption to return to positive levels in Europe from next year. The companys Dutch business, the strongest in Europe, has been significantly challenged because of rising gas and electricity prices last year. The UK business still poses a long-term challenge, but the fundamentals of demand in India are still very strong due to construction activity and a revived auto industry. Narendran also spoke about the three big factors that will drive sentiment – domestic demand in India, China's recovery and resurgence, and coal prices. Key Points
Economic TimesStock market soars in green: Sensex and Nifty rally in positive opening
India Business News: The stock market kicked off the trading session on a positive note, with the Sensex gaining 32.36 points, opening at 71,404.59. Simultaneously, the Ni Key Points
Times Of India
Market Trading Guide: Maruti Suzuki, Infosys futures are 2 stock recommendations for Tuesday
Benchmark equity indices in India rose for the second consecutive session, driven by strong performances from index heavyweight Reliance Industries and IT stocks. The 30-share BSE Sensex rose 234 points to settle at 61,963.68, while the Nifty surpassed the 18,300 level. Despite strong market gains, caution is advised around the important retracement resistance zone. Experts recommend buying Maruti Suzuki Futures and Infosys Futures, due to bullish indications and patterns on daily and 4-hourly time frames. Key Points
Economic TimesOsama bin Laden: Why one in five of Gen Z has positive view of Al Qaeda terrorist?
Among Gen Z members in the survey on Al Qaeda terrorist Osama Bin Laden, 8% said both the al-Qaeda leaders views and actions were good, while 23% said his views were good but his actions were bad. Know about the opinion poll conducted after a letter of the terrorist went viral. Key Points
Economic TimesShibani Sircar Kurian on 4 sectors one can be positive about now
Within banks, if you look at the way the entire segment has played out, the larger private banks, despite the fact that they have seen improvement in terms of profitability, have not seen multiples re-rate. Therefore, their multiples remain at long-term average levels, despite seeing significant improvement over the last couple of years where return ratios are concerned. Key Points
Economic TimesExpert view: Expect moderate gains in 6-12 months; General Election key trigger for market, says Rahul Bhuskute
Rahul Bhuskute, CIO of Bharti AXA Life Insurance anticipates positive mid-single-digit to low double-digit returns in Indian markets. He discusses the impact of General Elections 2024 and highlights potential opportunities. Key Points
mintHidden gems? Harish Krishnan on 4 dark horse sectors worth betting on now
Harish Krishnan suggests potential dark horse sectors for investors, highlighting pharmaceuticals, metals, consumer durables, media. Real estate and select sectors in the investment cycle show positive momentum, while market expected to shift towards growth and quality sectors. Krishnan says far more sanguine about the growth-oriented and quality-oriented sectors. There is always going to be an intersection of some of the PSUs within that pack. Key Points
Economic Times
Billions of FII dollars may chase Indian stocks in election season. Here’s why
Foreign institutional investors (FIIs) have historically shown positive flows during election season. This year, FIIs have already invested $3 billion in March. The Indian stock market remains resilient due to the government's proactiveness and positive economic indicators. Key Points
Economic TimesTechnical Breakout Stocks: How to trade RIL, M&M and ICICI Bank on Monday?
Indian market closed marginally in the red. S&P BSE Sensex held on to 73000, Nifty50 closed below 22,200. Reliance Industries was up 1%, ICICI Bank hit a record high, and M&M closed at a fresh record high. Buying seen in telecom, capital goods, realty, consumer durables, and industrials. Some selling seen in oil & gas, public sector, and energy stocks. Key Points
Economic Times2 auto stocks Sanjiv Bhasin is bullish on for near term
So I think it will continue to be in a little range bound. We have to understand that the pre-provisioning operating profit was above sentiment, but maybe this was a one off. However, like I said, maybe the sheer weight of being such a large heavyweight will keep it under check. And I think today it could be a little bit weak . But if you have a longer term view, then definitely State Bank is one PSU bank where long term money should find its way. Key Points
Economic TimesRupee rises 4 paise to close at 82.43 against U.S. dollar
The rupee gained 4 paise to settle at 82.43 (provisional) against the U.S. dollar on June 12, supported by easing crude oil prices and a positive trend in domestic equities. Key Points
The HinduEverybody’s a bull on Reliance but the stock is at a 52-week low. Here’s why
Reliance Industries is a conglomerate company with interests in oil and gas, telecom, retail, and chemicals. The company has been facing some challenges recently, including a slowdown in its newer businesses and weak consumption demand. However, the company's core businesses are still doing well, and there are indications that the slowdown may be temporary, says Siddhartha Khemka of MOFSL. Key Points
Economic Times
Sensex soars 900 pts, Nifty nears 17,600; PSBs, Adani Group stocks sizzle
CLOSING BELL: The Rs 15,446 cr stake buy by GQG Partners in Adani Group, coupled with positive global cues buoyed sentiment on Friday. Heavyweights RIL, ITC and Airtel also rallied up to 3 per cent. Key Points
Business StandardGIFT Nifty signals a positive start for D-Street. Here's the trading setup for today's session
Foreign portfolio investors net sold shares worth Rs 1,879 crore on Thursday. DIIs, meanwhile, were net buyers at Rs 872 crore. Key Points
Economic TimesStocks to buy: Bet on stocks with positive excess returns; 5 stocks with potential upside of up to 22%
Over 81% of the 2,460 listed companies (with market caps greater than Rs.100 crore) delivered positive returns in 2023. While the majority of stocks making money in 2023 indicates strong optimism, it is also important to consider such returns with the associated risks, especially non-diversifiable risks. With domestic fundamentals expected to remain buoyant amid continuing capex programmes of corporate India and expectations of an interest rate cut in 2024, investing in stocks that generate positive alpha can improve overall portfolio returns. Key Points
Economic TimesMarket Trading Guide: 2 stock recommendations for Wednesday
Torrent Pharmaceuticals Ltd has begun trading in a consolidation range, following an impressive run. Near the threshold mark it paused. The bulls were able to break above the upper band in previous trading, and we've seen a breakout of a flag pattern. Key Points
Economic TimesBullish start for stock market as Sensex and Nifty maintain positive momentum
Mumbai (Maharashtra) [India], December 18 (ANI): The stock market kicked off the week on a positive note, with both Sensex and Nifty maintaining upward momentum. The Sensex opened 36.26 points up at 71,515.91, while the Nifty started 2.85 points higher at 21,460.60. The GIFT NIFTY, currently trading at 21,493, shows a positive trend with a […] Key Points
ThePrint
Market at record high again! 4 of top experts list out sectors to pick and avoid
The Sensex rose over 720 points to its new high of 71,234.63, whereas the broader Nifty50 index advanced 214.4 points to its record high of 21,397.10. Key Points
mintProtean eGov Technologies IPO opens for subscription. Should you apply?
Analysts are positive on Protean eGov Technologies IPO, given the company's unique and niche business area, consistent profitability and positive cash flows. The IPO which opened today will close for subscription on November 8. Key Points
Economic TimesSensex jumps 418 points to close at six-month high; Nifty above 17,700 mark
Benchmark Sensex spurted 418 points to settle at more than six-month high while Nifty closed above the 17,700 mark on June 13 on positive domestic macroeconomic data and gains in global markets. The NSE Nifty climbed 114.65 points or 0.62% to end at 18,716.15. Key Points
The Hindu75 smallcap stocks offer double-digit returns in a wobbly market week
Indian equity markets started positively, but weak sentiments persist after the central bank's decision to maintain the key rates unchanged, as a caution towards inflation, while positive macro news buoyed the market. 75 smallcap stocks delivered double-digit gains with the top gainers being Greenlam Industries, EKI Energy Services, Suzlon Energy, and Indian Hume Pipe Company. Midcap segments, only Torrent Power, Hindustan Aeronautics, and Ajanta Pharma traded in the double digits. L&T was the top performer in the Sensex market. The release of May's domestic inflation data and the outcomes of the FOMC meeting is expected to play a role in shaping the market trend. Key Points
Economic TimesRupee rises 9 paise to close at 82.31 against US dollar
The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.12 per cent to 103.43. Key Points
Financialexpress
Picks of the day: Buy L&T, short UPL, says Rahul Sharma
Rahul Sharma's market insights cover Larsen & Toubro's potential breakout, market choppiness, smallcap and midcap index analysis, positive metal sector outlook, and Muthoot Finance's expected up-move amid cautious FMCG sector sentiment. In metals, Sharma's top picks on the long side are Steel Authority of India or SAIL as well as Hindalco. Key Points
Economic TimesSanjiv Bhasin is betting on 4 stocks in tech/EMS basket. Here’s why
Sanjiv Bhasin of IIFL Securities says he is bullish on HCL Tech, Wipro, Coforge, and Dixon in the IT sector. He believes Vodafone will survive and progress into 5G with capital infusion. Bhasin is positive on Grasim and Asian Paints. Indian IT companies are expected to perform well, including NVIDIA. Key Points
Economic TimesSensex, Nifty swing between losses and gains in early trade
The S&P BSE Sensex was down 161.79 points at 61,183.92 at around 9:35 am, while the NSE Nifty 50 fell 31.65 points to 18,367.20. However, both indices made a recovery and were back in positive territory around 9:50 am Key Points
India TodayKasganj reports single-day count of 17 Covid-19 cases
17 people tested positive for Covid-19 in Kasganj district of Aligarh division, bringing the number of active cases to 33. All cases are under home isolation. Key Points
Hindustan TimesS&P raises outlook for India to ‘positive’
After a gap of about 10 years, S&P Global Ratings on Wednesday upped India’s outlook to positive from stable on robust growth prospects for next... Key Points
The Tribune India
Expect one more rally before elections; bullish on midcap PSUs: Sanjiv Bhasin
Sanjiv Bhasin of IIFL Securities analyzes market trends, anticipates pre-election rally, and discusses the growth potential of key companies like Union Bank, Reliance Industries, and ITC in various sectors amid changing consumer preferences and market dynamics. He also says we should see one more rally coming before the election. I am very positive on some of the midcaps, particularly PSUs. Key Points
Economic TimesNifty on a roll, could head towards 23,000: Analysts
Nifty ended last week at its highest point, indicating a continuation of the uptrend. FIIs started this series with short positions, but as the index marched higher, they covered some of their shorts and added longs. Key Points
Economic TimesRupee jumps 16 paise against US dollar
Mumbai, Mar 7 (PTI) Rising for the second straight session, the rupee climbed 16 paise to settle at 82.67 against the US dollar on Thursday, tracking a weak American currency against major crosses overseas and a positive trend in equity markets. Besides, sustained foreign fund inflows and falling crude oil prices boosted the local currency, […] Key Points
ThePrintAB 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 TimesRajesh Palviya handpicks Can Fin Homes, EIL among top 4 stocks that could give 10-20% return
The Nifty50 remained volatile during the budget week, closing at 21854 with a weekly gain of 501 points. The weekly chart shows a bullish candle with an upper shadow, indicating profit booking near the all-time high. If the Nifty crosses 22000, it may reach 22150-22300 levels, while breaking below 21700 may lead to a decline towards 21650-21500. The RSI indicator suggests a potential positive trend change. Here are 4 trading ideas for 10-20% returns in the next 3-4 weeks: Can Fin Homes, Engineers India Ltd, Hindustan Copper Ltd, and Oriental Hotels. Key Points
Economic Times
Gift Nifty up 25 points: Here's the trading setup for today's session
Overall the mood of the market remains positive. We expect the market to remain range bound with stock specific action next week, said Siddhartha Khemka, Head - Retail Research, Motilal Oswal. Key Points
Economic TimesYear-Ender 2023: 7 New Year resolutions for your personal growth in 2024
Setting New Year's resolutions for self-improvement is a common tradition. Maintaining commitment and consistency throughout the year is the challenge. Key Points
mintIndia’s manufacturing growth rises in November, maintains strong momentum
The PMI rose to 56.0, indicating a robust expansion and maintaining a positive trend for nearly two and a half years, with a reading above the 50-mark separating expansion from contraction. Key Points
India TodaySensex, Nifty open higher as global cues improve; Zomato surges 3%
The S&P BSE Sensex was up 359.91 points at 64,723.69 at 9:40 am, while the NSE Nifty 50 rose 110.05 points to 19,340.65. Key Points
India TodayMorning Bid: Refunding relief stokes bond-led bounce
A look at the day ahead in U.S. and global markets from Mike Dolan Key Points
Reuters
How should you position yourself in IT? Devang Mehta explans
Investors should monitor the valuation and guidance of IT companies such as TCS, Infosys, and HCL Tech after the result season. Be positive in the IT sector but cautions about potential volatility after the release of results. The importance of management commentary and guidance, particularly regarding the global economic outlook and the performance of the BFSI sector, can't be over-emphasised. Key Points
Economic TimesIndia, China end longest border talks on positive note
India and China have concluded their longest-ever military talks aimed at reducing tensions on the border in Eastern Ladakh. The talks, which lasted for a record six days, focused on resolving border flashpoints, patrolling in disputed areas, and confidence-building measures. Although no official statement has been released, sources indicate that the dialogue was positive and constructive. Further talks may be conducted if necessary. Key Points
Economic TimesStock Market LIVE: Sensex, Nifty to start on positive note; Gift Nifty in green
Share Market LIVE Updates: Benchmark indices are expected to start in the green territory after record-high closings on Friday as Gifit Nifty is trading higher. Wall Street ended lower in the Friday session, while Asian markets are trading on a mixed note in the morning session on Monday. Key Points
Mint