Mixed Q1 results, the US tariff deadline and significant short bets by FIIs in Nifty futures likely to weigh on the market direction this week; here are the key levels to track.
Stocks to Buy, July 24: Ajit Mishra of Religare Broking suggests buying Ashok Leyland, Bajaj Finserv and Jindal Steel
Besides India, Korea, Brazil, United Arab Emirates (UAE), Poland and Philippines are the other emerging markets (EMs) where JP Morgan has maintained an 'overweight' stance
Nikhil Ranka, chief investment officer - equity alternatives at Nuvama Asset Management, says investors could scout for bottom-up mid-caps and small-caps stocks to generate superior returns
Technical chart shows that the Nifty has dipped below its short-term moving averages, and broken below the trend line support.
Stock market outlook: Uncertain times in stock markets present interesting opportunities to invest in high-quality companies at attractive valuations, says Himani Shah of Alchemy Capital Management
Axis Bank was seen trading below the 200-Day Moving Average after three months. More pain likely if the stock breaks below the weekly trend line support, which stands at ₹1,077; suggests tech charts.
Smallcap stocks - ixigo, Hinduja Global, Gujarat Apollo, Radhika Jeweltech, Ksolves India and Mirc Electronics witnessed a breakout on the daily chart on Thursday, July 17.
ITC Hotels, MRF, Marico, EID Parry and Deccan Cements have rallied up to 87% from their respective calendar year lows, these 5 stocks can potentially gain another 16% from here; suggest tech charts.
PL Capital expects pharma, banks, defence, and staples to outperform in the near term as domestic demand revives
Market outlook: In an email interview, Abhishek Das, chief investment officer, Pramerica Life Insurance said that Nifty earnings are projected to grow 7-8 per cent for the year
As a strategy, they have moved utilities sector to equal weight. Financials, Telecom, small discretionary, remain their overweight sectors.
Trading strategies in ICICI Prudential, HDFC Life and ICICI Lombard post Q1 results: Technical charts show that ICICI Pru and ICICI Lombard are favourably placed, while HDFC Life looks tepid.
Nifty broke four sessions of losing streak by rising 113 points to close at 25,195. Ujjivan Small Finance Bank and ITC are the breakout stocks to watch
The margin of safety in capital market stocks for near-term investors is limited
Market outlook: According to Emkay Global Financial, surge in Nifty has pushed the valuations out of the 'attractive' territory and has left little room for further re-rating
Technical chart suggests that the key monthly support for the BSE Sensex stands at 81,300 levels; break and sustained trade below the same can trigger a sharper fall.
Tata Elxsi stock was seen testing its 100-DMA support after a gap of two months; chart hints that the stock could slide all the way to ₹5,285 levels, in case near support levels are taken out.
TCS share price slipped below the trend line support on the daily scale post Q1 results; the stock can potentially drop another 5 per cent, suggest technical charts.
Analysts at Religare Broking maintain a bullish stance and recommend continuing with a "buy on dips" strategy, with a strong emphasis on stock selection