Tech View: Nifty50 forms small bearish candle; major hurdles ahead
“If we draw a trendline connecting the October 2021 high and subsequent highs, the Nifty50 is now steadily approaching the resistance zone of 17,900-18,000. This is a make or a break range for the Nifty50. If the index fails to move beyond 18,000, we could see a serious decline coming in,” said independent analyst Manish […]
PMS funds that managed to outperform Nifty by a wide margin in July
Sunil Singhania’s Abakkus Emerging Opportunities fund on small and midcaps delivered 10.30 per cent while Prashant Khemka-led White Oak Capital also managed a 10 per cent return along with Samir Arora’s Helios Capital.
Income tax payers won’t be eligible to join Atal Pension Yojana from October
An amendment has been made under the Atal Pension Yojana scheme which was originally notified on October 16, 2015. “Provided that from 1st October 2022, any citizen who is or has been an income-tax payer, shall not be eligible to join Atal Pension Yojana,” the gazette notification said.
Chart Check: Over 100% in a year! Should you stay put in this capital goods stock?
“The stock on the daily chart had given a breakout from a cup and handle pattern formation. The stock retested the support zone and bounced back sharply with volumes confirming the strength,” Kunal Shah-Senior Technical & Derivative Analyst at LKP Securities, said.
Can PVR and Inox merger create sustainable value for shareholders?
The two entities announced the merger on March 22 — Inox is merging with PVR — though regulatory approvals are still pending. The merged entity would be called PVR Inox Ltd. The management has decided to operate the old cinemas under their respective names and to open new cinemas under the PVR-Inox brand.
This Raksha Bandhan introduce your sister to capital markets & benefits of compounding
Start by educating your sister through books, mainly biographies which are easier to digest, and then scale it up to tougher topics. Select investing strategies that match her line of education.
Stocks to buy today: 6 short-term trading ideas by experts
“Oscillators are overbought, but they have been so for some time already now, and have been less effective because of the directional nature of the index,” Anand James – Chief Market Strategist at Geojit Financial Services, said.
Stock Radar: Reserve your window seat! Allocate 50% funds in this airline stock now & balance on dips
Investors can look to buy the stock now at around Rs 2,000 or on dips for a long-term target of Rs 2,500 which will result in a fresh 52-week high for the airline stock in the next 6-12 months, suggest experts.
Big Movers on D-St: What should investors do with Fine Organic, Elgi Equipments and Eicher Motors?
Stocks that were in focus include names like Fine Organic which rose over 15 per cent, Elgi Equipments which added over 3 per cent, and Eicher Motors which gained nearly 2 per cent.
AIFs due for closure struggle to sell holdings in startup firms
Some ask Sebi to extend the liquidation period by two years till private market funding improves