D-Street fear index India VIX fell 22% to the day’s low of 19.12 on Monday after a screaming call by exit polls suggesting the return of the incumbent Bharatiya Janata Party (BJP) led NDA government. At 1:20 pm India Vix stood at 20.21, down by 17.85% from 24.60 on Friday. According to the average of … Read more
Indian equities in 2022 have witnessed record outflows from foreign institutional investors, who have historically dominated the participation given their risk appetite. But the community that has broken the notion of being conservative about equity investments despite the current volatility is the retail investor. The relentless flows from these investors alongside domestic institutions has been … Read more
Navratri is already here, and we know how important and auspicious the next few days are signifying festivities across India. Religare Broking will share a fresh stock idea on each day of Navratri for long-term investors. Day 7: Target Rs 1178 LTP Rs 910 Upside 29% Godrej Consumer Products (GCPL) is part of the 124-year-young … Read more
Indian markets started off on a weak note on Tuesday tracking muted trends seen in other Asian markets. Sectorally, some buying was seen in realty, public sector, power, and energy space while selling was seen in IT, healthcare, banks, and capital goods. Traders can look for stock-specific opportunities in the near term as index traders … Read more
Statistically, May has been a month when foreign institutional investors (FIIs) usually sell in the cash market, true to the saying ‘ Sell in May and go away’. However, this time, the developed country ‘bond’ market trigger and the following dollar index breach of the 100-mark made it necessarily a sell for the Indian markets. … Read more