Volatility no worry, 150 of Nifty 500 stocks trading in bullish formation

Volatility no worry, 150 of Nifty 500 stocks trading in bullish formation

Mumbai: The Sensex and Nifty, which comprise the biggest of India’s companies, have appeared to be wobbly in the past six months but beneath the surface several stocks have shown resilience. Out of top 500 stocks on the NSE, 150, or 30% of the basket, are trading above three key trend indicators, pointing to bullishness. … Read more

Here’s what Axis’s Rajesh Palviya has to say on the top stock picks for the week

Here’s what Axis’s Rajesh Palviya has to say on the top stock picks for the week

“ is now enjoying an all-time high trajectory, and the kind of momentum we have seen in today’s session clearly shows that now the stock can move higher towards 840-850 zone,” Rajesh Palviya, Head, Technical & Derivatives, Axis Securities Well, 17,000 has been scaled when it comes to the Nifty, and Bank Nifty is also … Read more

SBI on a roll, m-cap crosses Rs 5 lakh crore

SBI on a roll, m-cap crosses Rs 5 lakh crore

Mumbai: The market capitalisation of , the country’s biggest lender, crossed ₹5 lakh crore on Wednesday for the first time ever. SBI shares, which gained 2.3% on Wednesday to hit an all-time high of ₹574.75, had a market value of ₹5.10 lakh crore. SBI is the third bank in the country to cross ₹5 lakh … Read more

Stocks to buy or sell today: 7 short-term trading ideas by experts for 6 September

Stocks to buy or sell today: 7 short-term trading ideas by experts for 6 September

Indian markets opened higher on Tuesday despite mixed global cues. The S&P BSE Sensex rose more than 300 points while the Nifty50 reclaimed 17700 levels. Sectorally, buying was seen in utilities, power, realty, and energy stocks. Nifty50 reclaimed 17600 levels on Monday which is a positive sign, but it may face some resistance close to … Read more

BSE listed co’s m-cap hits all time high, these 12 names contributed one-third of gains

BSE listed co’s m-cap hits all time high, these 12 names contributed one-third of gains

The total market capitalization of BSE-listed companies jumped close to Rs 43.88 lakh crore in the last two weeks and hit an all time high of Rs 280.52 lakh crore on August 18 from Rs 236.62 lakh crore on June 17. For this study, ETmarkets.com has considered the market capitalization of only BSE500 companies, which … Read more

Stocks to buy today: 6 short-term trading ideas by experts for 11 August

Stocks to buy today: 6 short-term trading ideas by experts for 11 August

Indian market opened on a gap-up note on Thursday tracking positive global cues. The S&P BSE Sensex rose over 500 points while the Nifty50 reclaimed 17700 levels in the first 15 minutes of trade. Sectorally, buying was seen in IT, Realty, banks, and auto. Despite muted market conditions, Nifty50 held on to 17,500 on Wednesday … Read more

Two stock ideas for next week by Nooresh Merani

Two stock ideas for next week by Nooresh Merani

Overall, structurally the trend remains positive but there is still a lot of catch up left in small caps, said Nooresh Merani, independent technical analyst. Edited excerpts: What has been your assessment of how the market has shaped up?Overall it was a week where we saw a bit of consolidation and now we are forming … Read more