Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Research.
If election results are not favourable, it could further intensify the sell-off, experts say
With every single market in the red, Asia's benchmark MSCI Asia Pacific Index has erased November's 2.7 per cent climb and is heading to its lowest level since end-October
Central government employees will now have the freedom to choose their pension fund managers
The rich in India grew by 9.4% to 284,140 in number between 2015 and 2016, and their wealth rose by 7.4%
Healthy topline growth, as well as operational parameters, are positives
The market regulator may not give blanket exemption and could ask the sponsors for partial divestment by March next year
Officials said that the exchanges and the regulator have beefed up their monitoring and surveillance mechanism for any eventuality
Among sectoral indices, the Nifty Bank index settled 1.9 per cent lower weighed by Axis Bank, Punjab National Bank and ICICI Bank.
Adani Transmission, Adani Power, Adani Enterprises, Adani Green Energy, Adani Gas and Adani Ports and Special Economic Zone of Adani Group stocks were down in the range of 3% to 7% on the BSE.
The S&P BSE Sensex lost over 600 points, or nearly 2 per cent, in intra-day trade on Monday. The 50-share Nifty, on the other hand, slipped nearly 200 points to test the 10,500 mark
The stock slipped 6% to Rs 258 on Monday, extending its previous week's 10% decline, after the rating agency ICRA on Friday downgraded cash-strapped airline's long-term ratings from 'B' to 'C'.
Here are a few stocks that can head down over the next few sessions as per their technical chart patterns
Shares of Ashoka Buildcon rose as much as 11 per cent to Rs 133 apiece on National Stock Exchange (NSE) in intra-day trade on receipt of Letter of Acceptance (LoA) from Rail Vikas Nigam Limited (RVNL)
Coal India, ONGC, NTPC, Sun Pharma, Tata Motors, Tata Motors DVR and Vedanta were among seven stocks from the S&P BSE Sensex hit 52-week lows today.
Metal stocks in India are feeling unloved by investors, with one exception: the country's top steelmaker JSW Steel
In the past two months Apple shares have lost more than quarter of their value
The stock dipped 6% to Rs 742 on the BSE after the US health regulator recommended a regulatory or administrative action after the inspection of the drug firm's Roorkee manufacturing facility.
What would worry the market or bring in long bearish phase is any possible instability at the Centre in terms of any National Party being forced to depend on too many political parties
After a 25 bps hike in December, we expect the US Fed to hike one more time in the first quarter of the calendar year 2019