Page 3 - Stock Market Investment
Upcoming state elections not much of a worry for markets: Analysts
This, they believe, is because the electorate votes differently in state and general elections. On their part, the markets, they said, are only looking for a stable regime and policy continuity.
 "Upcoming state elections not much of a worry for markets: Analysts")
Q2FY24 performance: Cautious near-term outlook for Tata Steel stock
The UK operations suffered from low steel prices as well as higher costs on the emission rights front
 "Q2FY24 performance: Cautious near-term outlook for Tata Steel stock")
Sensex rises 246 pts, Nifty holds 20,050 in broad rally; PSB index zooms 4%
Closing Bell on September 13, 2023:The gains were led by Bharti Airtel (up 2.7 per cent), Titan, Axis Bank, SBI, IndusInd Bank, Power Grid, NTPC, Tata Motors, Ultratech Cement, and Bajaj Finance
 "Sensex rises 246 pts, Nifty holds 20,050 in broad rally; PSB index zooms 4%")
Centum, HAL: Chandrayaan-3 soft landing can see related stks jump up to 15%
Shares related to Chandrayaan-3 may rise up to 15 per cent in the upcoming sessions, as per their respective technical chart patterns
 "Centum, HAL: Chandrayaan-3 soft landing can see related stks jump up to 15%")
REC, Ashok Leyland: 7 out of 8 stocks, picked by MSCI, may rally up to 25%
Barring Cummins India, which did perform in the current year but the present structure shows sluggishness; all other stocks included in MSCI index are poised for the next bull-run.
 "REC, Ashok Leyland: 7 out of 8 stocks, picked by MSCI, may rally up to 25%")
SBI, PNB: Here's how to trade banks post Q1 results and ahead of RBI Policy
Post Q1 results, major banking stocks have lost the upside bias. Most stocks are facing hurdles at upper levels.
 "SBI, PNB: Here's how to trade banks post Q1 results and ahead of RBI Policy")
Sensex, Nifty remains robust over 50-SMA support, show technical charts
While the trend looks fragile, key supports are continuing to bolster the up move
 "Sensex, Nifty remains robust over 50-SMA support, show technical charts")
Stocks to Watch on Aug 1: Adani Total, PVR Inox, Maruti, ITC, SBI, autos
Stocks to Watch on Tuesday, August 1, 2023: The Board of ITC will meet on August 14 to announce Q1FY24 results, and consider the Scheme of Arrangement for the demerger of Hotels Business
 "Stocks to Watch on Aug 1: Adani Total, PVR Inox, Maruti, ITC, SBI, autos")
Over 75% pharma stocks eye breakout; most may see up to 15% upside
Barring, Pfizer, Gland Pharma, and Laurus Labs, all other constituents of Nifty Pharm Index trade over the 200-day simple moving average (SMA),
 "Over 75% pharma stocks eye breakout; most may see up to 15% upside")
How to trade Bajaj Finance and Bajaj Finserv post Q1FY24 earnings?
Trend in Bajaj twins remains sluggish and may slide in bear's grip if key levels are breached
 "How to trade Bajaj Finance and Bajaj Finserv post Q1FY24 earnings?")
M&M may dip 10% if fails to overcome Rs 1,500; RBL Bank may jump 15%
Technical charts of M&M shows weakness, while RBL Bank continues to remain resilient.
 "M&M may dip 10% if fails to overcome Rs 1,500; RBL Bank may jump 15%")
HUL, Colgate, UBL: Here's how to trade FMCG stocks post ITC de-merger plan
The FMCG index has breached previous reversal support, igniting fear of caution among retail traders. This move emerged after the index reached a new historic peak a few sessions ago.
 "HUL, Colgate, UBL: Here's how to trade FMCG stocks post ITC de-merger plan")
ITC demerger: Medium-term outlook intact; stk can hit Rs 550 to Rs 575 mark
While the medium-term outlook remains highly optimistic, the stock may remain choppy in the near-term
 "ITC demerger: Medium-term outlook intact; stk can hit Rs 550 to Rs 575 mark")
RIL, Infy, Paytm, Vedanta: Trading strategies for stocks post their Q1 nos
ICICI Bank remains strong on charts post delivering Q1 results last week
 "RIL, Infy, Paytm, Vedanta: Trading strategies for stocks post their Q1 nos")
Jio Financial listing: NBFC stocks must cross key hurdles to resume rally
Listed NBFC stocks are currently facing selling pressure at higher levels, show technical charts
 "Jio Financial listing: NBFC stocks must cross key hurdles to resume rally")
Bull-run resumes: Nifty to hit 21,000; Sensex may test 73K in August
The range breakout in both the indices have triggered fresh upside
 "Bull-run resumes: Nifty to hit 21,000; Sensex may test 73K in August")
Suzlon, BSE: 5 Nifty 500 stocks gained over 15% in July, expect more upside
Technically, when any stocks crosses crucial hurdles and witnesses accumulation at key supports, the trend is expected to witness robust upside ahead.
 "Suzlon, BSE: 5 Nifty 500 stocks gained over 15% in July, expect more upside")
RIL eyes new all-time high, Golden Cross breakout aims at Rs 3,000
The counter may struggle to cross Rs 2,800-mark, which appears to be the next hurdle, but the current momentum is not suggesting any weakness.
 "RIL eyes new all-time high, Golden Cross breakout aims at Rs 3,000")
Only 93 Nifty 500 stocks trade in overbought territory, more upside likely
Market participants closely monitor the RSI to determine the strength based on 70 and 30 values. This assists in identifying instruments that are supposedly experiencing increased buying or selling.
 "Only 93 Nifty 500 stocks trade in overbought territory, more upside likely")
Divis Lab, Sun Pharma: Current breakout may lead Pharma index to new peak
Pharm index has broken out on upside, with the positive rally anticipated to hit 14,450