ETMarkets Trade Talk: How a lucky mistake made Vishal Mehta indomitable on D-Street

The stock market has been fascinating people from all walks of life. It’s not a one-way escalator. Everyone doesn’t hit the jackpot, nor does everyone become bankrupt! Winners are those who know when to go all in, and when to fold. While stock prices change constantly based on news and market buzz, traders are the … Read more

Zerodha founder Nithin Kamath’s next mission: Consolidate dad’s portfolio

Despite running India’s largest brokerage house, Zerodha founder Nithin Kamath has one regret. He has not been able to help his father, a retired executive from , to consolidate his investments and help him get rid of duds in his portfolio. The reason is that investments in stocks, mutual funds and insurance are spread across … Read more

Nifty at 15K? This is where you may find valuations attractive

Nifty50 plunging 500 points intraday on Monday made investors wonder where the bottom lies for the NSE barometer. Technical charts hint at some support at 15,670, followed by the 15,400 level, but analysts do not rule out a revisit of sub-15,000 levels. Fundamentally, while analysts believe it is futile to predict a bottom at this … Read more

FPIs pull out Rs 14,000-cr from Indian equities in June on global, domestic concerns

Wary of the scenario on the global and domestic fronts, foreign investors continued to withdraw from Indian equity markets and pulled out close to Rs 14,000 crore in this month so far. With this, net outflow by foreign portfolio investors (FPIs) from equities reached Rs 1.81 lakh crore so far in 2022, data with depositories … Read more

The stock market’s biggest fear these days: Strong economic data

All of a sudden, the market’s back in “good-news-is-bad-news” mode. Any positive readings on the economy, particularly those on employment and inflation, can be interpreted as signals that the Federal Reserve will have to stay aggressive with its rate hiking regime. Anthony Saglimbene, global market strategist at Ameriprise Financial, joins this week’s “What Goes Up” … Read more

Amid turbulent times, even star PMS fund managers are losing money in stocks

With multiple global macro headwinds creating a perfect storm for the domestic equity market, almost 85 per cent of PMS funds, used by HNIs to park their surplus funds, failed to beat Nifty in May. Only one recently-launched PMS scheme managed to eke out a return out of over 280 schemes on offer. Green Portfolio’s … Read more

Avoid aggressive bets as Nifty likely to face resistance near 16,900-17,200: Mehul Kothari

“For the coming weeks, 16900 – 17200 might be a strong hurdle since they are the 50% and 61.8% retracement level of the entire fall from 18100 to 15700,” says Mehul Kothari, AVP – Technical Research, Anand Rathi Shares & Stock Brokers. In an interview with ETMarkets, Kothari said: “The immediate support is placed at … Read more