The market needs to see follow-up buying to break above crucial resistance levels
Besides India, experts say given the robust broad-based economic recovery, FIIs/FPIs can look towards China. Other emerging markets, they say, are yet to recover from the pandemic-induced sluggishness
It is better to take stock-specific approach as the Nifty index is likely to remain choppy. Midcap and Smallcap Indices are expected to outperform
Investors should stay true to their asset-allocation for investing for long-term goals. They may look at accrual-oriented funds, like the low duration and short-term funds
There is deep value in many PSU stocks as they have had significant valuation derating over the last 10 years
The Sensex and Nifty indices are eyeing up to 12 per cent upside from current levels, charts show
Retail investors were the key drivers of the momentum seen in the primary markets in FY21. The road in FY22, however, will not be easy as investors are likely to become choosier
According to a March 19 note by BofA Securities, US 10-year Treasury yields could rise to 2.15 per cent by the end of calendar year 2021
Analysts revised the earnings estimate multiple times - from an EPS contraction in FY21 to the latest estimates of a around 15 per cent growth. Moreover, FY22 EPS is expected to grow further by 30%
Indian markets: A good tactical strategy in the near-term, according to analysts at Antique Stock Broking, is to allocate investible surplus to the Pharma sector as the coronavirus infection rate is o
Investors, they say, need to keep a tab on how the US treasury yields move, which in turn will have a ripple effect on how big money moves across developed (DMs) and emerging markets (EMs)
The market breadth was in favour of the bears with the advance-decline ratio at nearly 1:2
Within Asia Pacific (ex-Japan), Credit Suisse is now biased towards second-phase Covid recovery markets-Korea, India, Australia, Singapore, and Hong Kong
We have witnessed a good base building in the ITC stock and finally, it has managed to come out of its slumber
For the market to have a real nasty unwind at the global level, Wood believes there needs to be a catalyst in the form of an economic downturn or a material tightening in US Fed policy
From its 3-year lows of 25,639, hit on March 24, 2020 amid the outbreak of Covid-19 pandemic, the benchmark index is now up 96 per cent
Markets have rallied by 80 per cent since April after a heavy 40 per cent correction following the announcement of the Covid-19-related restrictions
If the current bull sentiment remains intact, the Sensex may scale 51,000 while the Nifty50 may hit 15,000 in 2021
Upside target for Nifty is seen at 14,300 odd levels, which happens to be the 138.2 per cent Fibonacci retracement of the downswing seen from 12,430 to 7,511
With corporate asset quality cycle behind and Covid-19 impact fairly contained, analysts at Nomura think front-line banks will see faster-than-expected return on equity (ROE) recovery in 2021