Even as hotel shares fell up to 5% on Monday; technical charts hint up to 15% upside potential for Mahindra Holidays, TAJ GVK, Apollo Sindoori, ITDC, EIH, Oriental Hotels and Advani Hotels.
Share Market Outlook: NSE Nifty could face interim resistance around 24,250 and 24,435, show technical charts. Here are the key levels to watch out on Sensex, MidCap and SmallCap indices this week.
Asian Paints stock has been testing its 20-day daily moving average after a gap of three months. Chart shows near hurdle for the stock placed at Rs 2,397 above which a pullback rally seems likely.
The Nifty IT index outperformed the Nifty 50 and the broader index in the second-half of 2024 with a gain of nearly 20%. Key levels to track on IT shares ahead of Q3 results.
Share Market Today, Friday, Jan 3: GIFT Nifty futures were trading 99 points lower at 24,184 level at 7:10 AM amid rising US dollar index.
Stock Market Today: The Nifty FMCG Index is currently trading within a crucial range of 58,050 - 55,675, and any breakout above or below this range will likely trigger significant directional momentum
According to the fund house, rising geopolitical tensions can be a risk for the equity market as it could hinder the free flow of goods
Technical charts show the Nifty Auto index can potentially rally another 10% to 26,180 levels; while select stocks such as M&M, Tata Motors and Ashok Leyland can surge up to 15%.
Despite ending 2024 on a strong note, select PSU stocks such as Oil India, NHPC and Coal India plunged up to 43% from the peaks; technical charts hint at a possible pull-back in the near-term.
Derivatives market data shows FIIs net sold 78,868 contracts of Nifty futures in first 4 trading days of Jan series while OI rose 74,992 contracts; thus implying build-up of short positions in Nifty.
Stock market today, January 2: India, China, and the US' Manufacturing PMI data for December will be released today. Besides, Indo Farm IPO will close, and Anya Polytech will list on NSE SME
Market Outlook 2025: As we enter 2025, here are some of the risks and challenges that the Indian markets could face in 2025 going ahead
Stock Market Today, Wednesday, Jan 1, 2025: Stocks markets are expected to be range-bound today, peppered mostly with stock-specific action. At 6:50 AM, GIFT Nifty was down 71 points
After rallying up to 88% in 2024, Bajaj Auto and Hero MotoCorp have declined up to 33% from their respective peaks in the last 3 months. Is it time to buy these stocks or wait for further fall?
Technically, ITC is seen trapped in a thin range of Rs 460 - Rs 490 for now. Meanwhile, analysts at SBI Securities are optimistic of ITC's prospects post demerger and see 15% upside for the stock.
Stock Market Outlook 2025: Analysts believe India stock markets may continue to witness market consolidation, at least in the first half of 2025
Stock Market Today, Dec 31, 2024: The initial public offering (IPO) of Indo Farm Equipment will open for subscription today. The IPO will close on January 2, 2025
The yearly Fibonacci chart suggests that the BSE benchmark index can gyrate in the 69,000 - 88,600 range in the calendar year 2025; an upside breakout of the range can trigger fresh momentum.
The standout growth in Taiwan's stock market was largely driven by the country's critical role in the global semiconductor supply chain, according to analysts
Stock Market Today, Dec 27: Concord Enviro Systems IPO, Sanathan Textiles IPO, Mamata Machinery IPO, DAM Capital Advisors IPO, and Transrail Lighting IPO will list on the NSE and BSE today