Page 6 - Market Forecast

Arbitrage funds: Returns likely to be healthy in rising or volatile markets

Excess funds chasing arbitrage opportunities may, however, reduce potential returns

Nikkei breaches 40,000 for 1st time, leads Asia higher in event-packed week

The Nikkei reclaimed its 1989 peak last month as investors from around the world piled into Japan's biggest companies on improving shareholder returns, the weaker yen and booming corporate profits

Is it a good time to buy stocks, or will the markets correct further?

On the global front, analysts expect the 'higher for longer' narrative as regards interest rates to play out for some more time as leading global central banks remain in a wait-and-watch mode

Bond index inclusion soon: Govt may opt for longer-term G-secs in FY25

However, the tenure of securities is not announced in the Budget and communicated to the market during the release of the half-yearly borrowing calendar in March and September

Markets to take cues from quarterly earnings of TCS, Infosys, say analysts

Trading in stock markets this week will be majorly influenced by the upcoming quarterly earnings from IT majors TCS and Infosys, along with global trends, analysts said. Besides, global oil benchmark Brent crude, rupee-dollar trend and trading activity of foreign investors would also dictate the movement, they said. "On the domestic front, all eyes will be on the beginning of corporate performance for the third quarter of the current fiscal year. Market participants will be keeping an eye on the movement of the rupee against the dollar and crude oil prices. "Investments by Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) will also be monitored," said Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd. Infosys and Tata Consultancy Services (TCS) will announce their earnings on Thursday while the quarterly results of HCL Technologies and Wipro will be out on Friday. Sunny Agrawal, Head of Fundamental Equity Research, SBI Securities Lt

PepsiCo bets on price hikes to again raise annual profit forecast

PepsiCo and rival Coca-Cola have been largely shielded from the effects of price hikes due to their near-domination of the global carbonated drinks market

RIL, Linde India: Trading strategies for buzzing stocks of the day

Trend among these buzzing stocks remain optimistic, as per their respective charts

Demerger done; here's how to trade RIL shares ahead of Q1FY24 results

The overall trend of the stock has been sideways since the end of 2021. However, striking a new all-time high could spark the next rise in the stock.

HAL, Mazagon Dock: Defence stocks may see up to 10% upside on robust charts

Defence related stocks continue to trade in overbought territory, as momentum sees elevated sentiment.

Nifty PSE index notches new high; add these 5 stocks for up to 20% gains

Life Insurance Corporation of India and Bharat Electronics may see up to 10 per cent rally in coming sessions.

GNFC, GSFC: Trading strategies for fertiliser stocks amid rebound on charts

RCF, GNFC and FACT may rally up to 15% as per their technical charts

115 Nifty500 stocks trade in overbought territory; time to book profit?

When the larger trend is strong, stocks in overbought territory tend to continue perform and stay buoyant in the face of any setback.

MRF can hit Rs 120,000, technical charts suggest; support at Rs 96,000 mark

Overall trend of the MRF shares has become lucrative and highly optimistic following decisive rally over the key hurdle of Rs 95,000. The short-to-medium trend is poised for 20 per cent upside.

Stake buy: Strategies for ICICI Bank, ICICI Lombard General Insurance

Technically, ICICI Bank is poised for an upside up to 10 per cent, while ICICIGI must sustain over the 200-DMA

Over one-third Nifty50 stocks look weak on charts. Time to be cautious?

Among banking majors, Axis Bank, ICICI Bank, HDFC Bank and State Bank of India (SBI) appear on track to hit new all-time high in the weeks ahead, charts suggest

Subsidy Booster: GNFC, Chambal, GSFC eye up to 11% gain amid bullish bias

Major stocks in fertlizer sector continue to trade with bullish bias, as their chart structures denote feasible upside.

Limited downside seen in markets as over half of Nifty500 stks hold 200-DMA

Following a sharp reversal at the end of the April series, the BSE Sensex and Nifty 50 took a breather near to their respective the 200-day moving average (DMA) before offering the next leg of upside

F&O Expiry: Here's what the options data suggest for Nifty, Bank Nifty

The PCR for Nifty and Bank Nifty for the April series is above 1, suggesting presence of strong Put writes for both derivatives.

These realty stocks can rally up to 12% once index conquers 200-DMA

If Nifty realty index succeeds to break through its 200-DMA, technically the bullish push may trigger further upside in realty stocks.

Technical chart: Is this the right time to buy Vodafone Idea shares?

Back in 2012, when the stock climbed over the same average, the stock price doubled in three years. The 50-MMA has become a decisive indicator for the shares of Vodafone Idea.