Despite ongoing conflicts and lower demand growth expectations, oil prices remain steady
Cipla was in a downtrend and corrected ~13 per cent in the recent fall. On the daily charts it formed an Inverted Head and Shoulders pattern which is a Trend reversal pattern
Shares of Rossell India (RIL) locked in 20 per cent upper circuit at Rs 467.60 on the BSE in Friday's indtraday deals
The Nifty Auto Index, currently trading at 21,896.90, is exhibiting a downward trend on the near-term charts. Given this scenario, the optimal trading strategy would be to adopt a "sell on rise"
Gold jumped 1.6 per cent to $2,414.69, heading back toward last week's all-time high at $2,431.29
Goldman Sachs attributes India's underpenetrated CDMO and CRO market to smaller capacities, lack of Innovation with little collaboration between Industry and academia
Earnings growth is proving to be a key metric. Made up of potential candidates for the benchmark Nifty 50, the gauge has seen its forward profit estimates climb 20% so far this year
It is advisable for traders to consider booking profits on upward price movements near the resistance level
The nascent swing highlights how funds are starting to buy into the narrative that China's policy support will be enough to revive growth
Chinese shares gyrated on Monday, sinking to 5-year lows, after stock market regulators sought to reassure jittery investors with a promise to crack down on stock price manipulation and malicious short selling. Shares in Shanghai and the smaller market in Shenzhen, near Hong Kong, swung between big losses and small gains throughout the day. The markets have languished on heavy selling of property shares that have suffered with a slump in the real estate market. Market observers said there were signs the authorities had, as is often the case, ordered big institutional investors to step up buying of state-owned banks and other heavyweights. The Industrial & Commercial Bank of China gained 2.3%, Bank of China was up 2.6% and the Agricultural Bank of China rose 2.2%. But shares still mostly lost ground. The Shenzhen Component index lost 1.1% after dipping as much as 4.4%. The Shanghai Composite index shed 1% to 2,702.19, having lost 3.5% earlier. Wilder swings were seen in the CSI ...
Indian stocks have benefited from global funds' waning appetite for China
National Stock Exchange's managing director and chief executive officer Ashish Chauhan on Monday said 17 per cent of Indian households are invested in stocks, and urged investment bankers to get quality companies to the market. Speaking at an event organised by the Association of Investment Bankers of India here, Chauhan said people who are seemingly poor are investing in entrepreneurs because of the trust factor and the number of investors are growing. There are 8 crore unique investors from 5 crore households who are invested, which means 17 per cent of the overall households of the country are directly invested in the stock markets, Chauhan said, adding that initial public offerings (IPOs) by companies are the preferred route for entering the markets. "So let us pray and of course work hard to ensure that only good companies come to the markets," Chauhan said in his address to the investment bankers. He said if the country's largest bourse NSE was a country, it would be 20th ...
Traders said that shares in CRH and Deliveroo were among those not trading on the London market after the incident, which was the first time trading on the LSE had been interrupted since 2019
SJVN, Tata Teleservices (Maharashtra) and TV18 Broadcast may rise 50 per cent on resilient charts
Trend among these buzzing stocks remain optimistic, as per their respective charts
The trend in these stocks remains highly robust, with price action exhibiting strong interest from market participants.
Trend remains optimistic in RIL, ONGC, M&M, KEX and Titan shares, as per their respective charts.
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.
Post Q1 results, major banking stocks have lost the upside bias. Most stocks are facing hurdles at upper levels.
Bajaj-Auto, HIndalco, Dr. Reddy's Laboratories, NTPC, and IDFC First Bank may rally up to 15 per cent, show technical charts