)
Devangshu Datta, an internationally rated chess and bridge player, is a seasoned writer and columnist with extensive experience covering diverse topics such as finance, technology, science, and sports. Known for his analytical approach and clear writing style, Datta has contributed to several leading publications, including Business Standard, The Economic Times, The Telegraph, and Outlook. He also serves on the editorial board of Business Standard.
Devangshu Datta, an internationally rated chess and bridge player, is a seasoned writer and columnist with extensive experience covering diverse topics such as finance, technology, science, and sports. Known for his analytical approach and clear writing style, Datta has contributed to several leading publications, including Business Standard, The Economic Times, The Telegraph, and Outlook. He also serves on the editorial board of Business Standard.
While the long- and short-term trends remain positive, a breakout above 6,342 would be necessary to signal a positive intermediate trend
Nifty, PNB, Hindalco & Infosys
Instead of starting an aggressive attack, Anand played very positionally, seeking a small advantage
Nifty,Bank Nifty, L&T, Bharat Forge & TCS
Although the current long-term bullish trend is intact, markets are awaiting clarity on the taper and the Assembly election results
Apart from making a quick buck by going long on the dollar, traders might short oil PSUs; if rupee weakens, there could be other implications
Over the short to medium term, valuations are more likely to move down than up
However, Viswanathan Anand defended steadily for a long period and both players said they felt the position was equalised around move 34-35
Social media has become so integral to our lives that we don't even see the ways in which it has changed us
If you bet on the right horses at odds of between 12-1 and 15-1, you may make money
Nifty, Bank Nifty, Tata Steel, M&M & TCS
If support in that zone is breached, a fall till the 5,650-5,700 area is likely
Nifty, SBI, Tata Power & DLF
Nifty, Bank Nifty, Tata Steel & Hindalco
If market consolidates above 6,000, it could head back into the 6,300-plus zone. If it falls below this mark, it might wipe out all or most of Oct gains
Net capital gains from the sector over a full cycle may be more than the gains logged by cyclical sectors