Stocks to buy today: 10 short-term trading ideas by experts for 10 February 2023

Stocks to buy today: 10 short-term trading ideas by experts for 10 February 2023

Indian market is expected to trade flat-to-lower on Friday tracking mixed global cues. The S&P BSE Sensex rose more than 100 points while the Nifty50 closed just a shade below 17900 levels on Thursday. India VIX moved down by 4.12% from 13.57 to 13.04 levels on Thursday. Volatility has been overall falling down from the … Read more

Worst to first! 4 reasons why IT stocks are selling like hot cakes on Dalal Street

Worst to first! 4 reasons why IT stocks are selling like hot cakes on Dalal Street

NEW DELHI: Nifty IT, which was the biggest wealth eroder in 2022 with a heavy loss of 26% is now gradually turning out to be the best performing sector. In the last one month, when the benchmark Nifty has been flat, the IT barometer has shot up over 10% to become the No. 1 performer. … Read more

Sensex puts a muted show, but 10 constituents give index-beating weekly returns

Sensex puts a muted show, but 10 constituents give index-beating weekly returns

The week gone by saw benchmark Sensex seeing rangebound movement amid weak global sentiment and stock-specific movement. But 10 constituents of the index managed to give strong weekly returns. The Sensex settled 0.4% down at 60621.77 points on Friday, and for the week has given 0.6% positive returns. Among the 10 stocks were twins – … Read more

3 top stock recommendations from Swati Ananda Hotkar

3 top stock recommendations from Swati Ananda Hotkar

“I believe we will again retest 18,000 support and if it breaks down to that level, then 18,800, 18,700 levels will get open on the Nifty,” says Swati Ananda Hotkar, Nirmal Bang Securities.What is your perspective as far as markets go? What is your perspective as far as Bank Nifty goes?The view is a little … Read more

Sensex rises for 2nd straight day, ends 126 pts higher; Nifty tops 18,200

Sensex rises for 2nd straight day, ends 126 pts higher; Nifty tops 18,200

After opening in the negative territory on Tuesday, Indian equity indices bounced back amid volatile trading and closed higher on the second straight day, led by banking, financial and IT stocks. The Nifty50 index closed 35 points or 0.19% higher at 18,232, while the S&P BSE Sensex rose 126 or 0.21% to settle at 61,294 … Read more

Kotak picks new speciality chemical stock, trims position in 4 IT stocks

Kotak picks new speciality chemical stock, trims position in 4 IT stocks

NEW DELHI: Domestic brokerage firm Kotak Institutional Equities has reduced stake in four IT stocks – , TCS, and – and picked speciality chemical stock SRF in its model portfolio. “We include SRF (150 bps) bps) in the portfolio. SRF stock is trading at 25.2X FY2024E EPS and its valuations have become more reasonable after … Read more

Jolly Christmas! 85% chance of Santa rally in Nifty, shows 2-decade history

Jolly Christmas! 85% chance of Santa rally in Nifty, shows 2-decade history

NEW DELHI: Notwithstanding the recent stress in equity markets over fears related to recession and rising Covid cases, Santy Rally may make investors richer towards the end of December if history is a clue. Market data of the last two decades shows that Nifty not only has an 80% chance of closing higher in December … Read more

Indices end flat after volatile trading; Sensex settles 34 pts lower, Nifty holds 18,700

Indices end flat after volatile trading; Sensex settles 34 pts lower, Nifty holds 18,700

Benchmark equity indices pared most of their intraday losses helped by upbeat November services activity data and ended flat on Monday. The 30-share Sensex ended 34 points lower at 62,835, while its broader peer Nifty 50 ended at 18,700 level. In the Sensex pack, , , , Dr Reddys Lab, , and were among the … Read more

Off highs: Indices settle lower after 8 days of rally, Sensex sheds 416 pts

Off highs: Indices settle lower after 8 days of rally, Sensex sheds 416 pts

Benchmark equity indices closed lower on Friday after 8 days of non-stop rally, as the spectre of recession came back to spook investors, who got busy securing profits ahead of US payrolls data in the anticipation of more cues on a shift in the Federal Reserve’s rate-hike plans. The 30-share Sensex ended 416 points lower … Read more

Nifty hits record high after 275 trading sessions! 5 factors driving this bull run

Nifty hits record high after 275 trading sessions! 5 factors driving this bull run

Led by buying in () and other heavyweights in banking and IT stocks, India’s heartbeat index Nifty on Monday zoomed past its previous all-time record high of 18,604 hit earlier on October 19 last year. The index took 275 trading sessions to beat the feat touched 13 months ago. After hitting a 52-week low of … Read more