New Delhi: Nifty50 on Wednesday breached the 16,000 mark intraday, for the second straight session, before closing just below the psychological level. The index formed a bullish candle on the daily chart that almost engulfed the negative candle of the previous session. Technically, it indicates a negation of bearish formation and signals positive bias for … Read more
New Delhi: As the result season for the first quarter of the financial year 2022-23 approaches, foreign brokers have turned cautious over Indian equity markets. Goldman Sachs initiated coverage on Delhivery with a neutral rating while Jefferies maintained a bearish view on metal stocks. Goldman Sachs set a target price of Rs 540 on Delhivery … Read more
The correction in domestic equity markets has remained a key concern for investors. Benchmark indices BSE Sensex and Nifty have plunged more than 10 per cent in the first half of 2022. The pain is more severe for broader markets where the midcap index has plunged more than 13 per cent, while the smallcap index … Read more
The market remained sluggish throughout the week as rate hikes and inflationary pressures continued to be major drags. Theoretically, demand-side issues are tackled by the central bank through monetary policies while, the supply-side ones, are via the government’s fiscal measures. However, in the real world when there is a crisis, its cascading effects are felt … Read more
There seems to be no let-up in FII sell-off in the Indian market. The daily sale numbers have been over a billion dollars for a while. This calendar year alone (Jan to March), the tally has trumped the trillion (Rs) mark by a wide margin. FIIs have pulled out a staggering amount of over $20 … Read more
NEW DELHI: Domestic benchmark indices ended lower in a choppy session on Friday, as investors awaited directional cues post this week’s Budget. Most Asian markets were shut on account of public holidays, rendering domestic investors directionless in the morning trade. European markets opened higher but turned mixed. S&P500 futures, however, were hinting at a strong … Read more
NEW DELHI: Selling intensified in the last couple of hours on Dalal Street, wiping off morning gains on Friday, ending another week with cuts. Headline indices have closed in the red for the seventh instance in the last eight sessions. Even as there was weakness in largecap stocks, buying was seen in broader markets. IT … Read more
“The intelligent investor is a realist who sells to optimists and buys from pessimists.” These words of wisdom from legendary investment guru Benjamin Graham stood true yet again in recent times. Post the outbreak of pandemic and market gloom in March 2020, economies fell flat across the globe, lives were lost, businesses suffered, and corporates … Read more
MUMBAI: Investors are recommended to keep the bias towards equities in their portfolio high in new Samvat 2078 as analysts are betting on the domestic equity market to give double-digit returns for the second successive year, a poll of 14 brokerages conducted by ETMarkets.com showed. Majority of the brokerages polled recommended that investors allocate 70-80 … Read more
NEW DELHI: While on one hand the boom in commodities is causing a rip-roaring rally in metal stocks, it is giving a new headache in the other part of the market. Read about the effects of rising input inflation, Saurabh Mukherjea‘s interview, Michael Price’s contrarian view on markets, and more in this week’s edition of … Read more