Market outlook: Amid the ongoing conflict in West Asia, surging crude oil prices could pose risk to India's economic stability, Smallcaps preferred over midcaps: PGIM
Technical charts suggest that midcap stocks such as APL Apollo, Exide Industries, Grindwell Norton, Fortis Healthcare and Lupin may trade with a weak bias in the near-term.
The Nifty MidCap index can slip another 4%, or extend the fall towards 19,600; hints the technical chart. The SmallCap index is yet to confirm a downside breakout.
Stock market outlook: Several risks remain underappreciated or insufficiently priced, including high valuations and earnings downgrade risk in Indian equities, cautions Ashwin Patni of Julius Baer
Stock market outlook: As the pent-up demand-led stock market rally faces downside risks, analysts at Nuvama Institutional Equities share their investment guide for an ageing bull market
The Baltic Dry Index now quotes at a 8-month high. Technical charts hint at a potential 36 per cent upside for select shipping stocks like SCI, Dredging and Seamec. Details here
Technically, the near-term bias for the Nifty is likely to remain favourable as long as it holds above 24,512; below which the index can slip another 2 per cent to test its 200-day moving average.
After two consecutive quarters of selling, foreign institutional investors (FIIs) are set to close the three months ended June with inflows
Nifty outlook: A fresh trigger is needed for the index to decisively surpass the 25,200 hurdle, analyst says
Market outlook: Several factors have been driving the sustained strength in the markets - supportive policies, significant infrastructure investments, and overall economic growth
Nifty key levels: Positional trend remains bullish with support seen in the band of 24,900-25,000. The 25,200 level could offer resistance
Technical chart shows that the Nifty Bank has near resistance at 57,000 levels; above which the index can potentially rally past the 60,000-mark. Here are 5 banking stocks that can potentially rally.
Motilal Oswal sees upside in UltraTech Cement and JK Lakshmi Cement as they expect a strong profit and margin growth over FY25-FY27
Indian benchmark stock indices, the Sensex and the Nifty have been consolidating for the last seven weeks; Will the RBI jumbo rate cut trigger an upside breakout? Here's what the charts say.
HDFC Bank, Bajaj Auto, Eicher Motors, L&T Finance and Prestige Estates can potentially rally up to 26% from present levels, indicate technical charts.
Technical chart shows that the prospects for Adani Green Energy are more favourable compared to Adani Enterprises and Adani Power.
Stocks with the sharpest EPS downgrades included IndusInd Bank, Adani Enterprises, Eicher Motors, ONGC, and Tata Motors, according to JM Financial
Foreign Institutional Investors long-short ratio in index futures now stands at the lowest point in two months; implying the presence of 5 sell-side bets for every long position, shows NSE F&O data.
The Nifty has hit a new high in each of 5 occasions post formation of 'Golden Cross' on the daily chart since 2019, clocking an average gain of 24.4%; shows historical study.
Over the next year or two, earnings growth will be limited to a few sectors and not broad-based, said Sushant Bhansali, chief executive officer at Ambit Asset Management