Page 16 - Market Outlook

Sensex, Nifty may consolidate as recovery pauses; key levels this week

The key support for the BSE Sensex stands at 76,300; whereas, the NSE Nifty 50 index could test 23,300 or dip to 23,150 levels; suggests technical chart.

Markets Today: Nykaa, Eicher Q3; Trump steel tariff; Ajax Engineering IPO

Stock Market Today, Feb 10: The stock markets will see a flurry of IPOs this week, including Ajax Engineering (Feb 10), Hexaware Technologies (Feb 12), & Quality Power Electrical Equipment (Feb 14)

Breakdown stock: SBI can tank 16% if this level is broken. Details here

SBI is testing the weekly super trend line support after 81 weeks and the 20-month moving average support after 4 years. Chart suggests that the overall bias is likely to remain tepid below Rs 800.

Buzzing Stocks: Trading strategies for Bharti Airtel, NCC, Sonata Software

Technical chart shows that NCC and Sonata Software shares were seen testing multi-year supports; break of the same can trigger a deeper fall at these counters. Check key levels for these 5 stocks here

Nifty50: Sahaj Agrawal of Kotak Sec suggests Bull Call ahead of RBI outcome

Nifty Today: The 23,800 level aligns with key trendline resistance, temporarily halting the uptrend

How to trade Bank Nifty, Fin Nifty ahead of RBI Policy? Key levels to track

On Thursday thus far, Nifty Bank, Nifty PSU Bank and Nifty Financial Services quoted with losses up to 0.8% in a slippery market; technical charts hint up to 8% potential upside on these indices.

Thermax, Timken crack 44% from high; trade at multi-yr supports; what next?

Thermax was seen testing the super trend line support on the monthly scale for the first time since January 2021, while Timken India after September 2019; for trading guide check key levels here.

Lupin, Hindalco: 3 stocks to buy today by Ajit Mishra of Religare Broking

Nifty 50 Today: The Nifty index may continue to consolidate after its recent surge, but the broader trend remains positive

Jubilant Food, Devyani: Will Budget-led consumption boost pop their stocks?

Shares of Restaurant Brands Asia, Westlife Foodworld, Sapphire Foods India, Jubilant Foodworks and Devyani International can rally up to 15% from present levels, suggest technical charts.

FIIs cut short bets in Nifty futures to 5:1; net buy Rs 5,353 cr in F&O

DIIs, retail and proprietary traders continue to hold bullish bets in index futures, shows NSE derivative data. Technically, Nifty near support rises to 23,630.

GAIL, LTTS among Vinay Rajani's stock picks today; Check Nifty outlook here

Stocks to Buy Today, Feb 5: LTTS share price has broken out from a bullish 'Inverted Head and Shoulder' pattern on the daily chart

Nifty Metal eyes 15% fall if it breaks 7,900; these stocks may be worst hit

The Nifty Metal index was seen testing the 100-WMA (Weekly Moving Average) support for the third time in the last 4 weeks. Similarly metal stocks too are testing long-term supports; check levels here.

Capex to consumption: Budget 2025 is growth formula amid global headwinds

Budget 2025 Highlights: The budget's emphasis on consumption-oriented measures, coupled with a relatively modest increase in capital expenditure allocation, signals a shift in focus

Budget 2025 reinforces India's strong macro positioning in a fragile world

Budget 2025 Highlights: The Budget is likely to be positive for sectors like FMCG, Auto, consumer durables, EVs, Battery, Travel and Retail

Sensex key support for the week stands at 76,200; Nifty at 23,150

On the upside, the Sensex needs to trade consistently above 78,150, and the Nifty above 23,600 for continuation of the pullback rally; suggests the technical charts.

ITC, Zomato, Bata India: 5 stocks to buy for upto 22% gain post Budget 2025

Technical charts shows that shares of ITC, Bata India, Campus Activewear, Kaveri Seed and Zomato are on the brink of a positive breakout; hence can potentially rally up to 22% in the near-term.

Forward looking Budget 2025 that plays on the China+1 strategy: Analysts

Budget 2025 Analysis: No income-tax up to Rs 12-lakh income, subject to conditions, according to experts, can fuel consumption in the months ahead

PB Fintech, Voltas: 5 most actively traded stocks on Day1 of Feb F&O series

Derivative market update for February 1: Data shows that FIIs hold 8 short positions in index futures for every long trade; retail, DIIs, proprietary traders hold bullish bets.

Will Sensex, Nifty rally or tank on Budget 2025 day? Check key levels here

On the last 3 Budget days, the Nifty ended marginally in red; the NSE benchmark has ended lower on 5 out of previous 7 occasions when finance minister Nirmala Sitharaman presented the Union Budget.

Sensex, Nifty PE dips below 10-year average. Time ripe for cherry-picking?

The Sensex is trading at TTM PE of 22.2x at the current levels as compared to its 5-and 10-year average of 25.4x and 27.5x, respectively.