Investors await stability on D-St to resume IPO party

​Ending the 80-day drought of the primary markets, Syrma SGS Technology launched its IPO on Friday, but no other issue is lined up, with 28 companies already having Sebi’s nod to mop up Rs 45,000 crore via their initial offerings.Market participants said IPOs are being deferred due to various factors, including weakenin

Tech View: Nifty50 rises for 6th day, lacks margin of safety

“Many opening upside gaps remained unfilled in the recent past, signalling a continuation of upmove. Nifty50 is now placed at the edge of the significant overhead resistance of the down-sloping trend line around 17,850-17,900 levels. This is a positive indication and suggests that the hurdle could be taken out on the upside soon,” Shetti said.

Who will succeed Rakesh Jhunjhunwala as the next Big Bull? Well, the hunt is on

“Someone who has the really big picture vision to bet big. Both the words ‘big’ and ‘bull’ are important. One has to be very unabashedly bullish on the India story and bet big and also make it big,” Basumallick said, adding that such sobriquets are needed because they capture the essence of the person in […]

How rupee depreciation impacts performance of top 4 IT giants

Most of the revenues of the Indian IT sector comes from the US, followed by Europe. Hence, we will analyse the impact of the currency on the results of the top 4 IT companies based on market capitalisation — Tata Consultancy Services (TCS), Infosys, HCL Technologies (HCL Tech) and Wipro — both on the revenue […]

Stock to buy today: 9 short-term trading ideas by experts

“We are keen on opening this week with eyes set on 18200, but would remain watchful though on approach to 17835, the congestion point discussed on Friday,” Anand James – Chief Market Strategist at Geojit Financial Services, said.

Rakesh Jhunjhunwala’s stock holdings worth nearly $4 billion in focus after death

Jhunjhunwala was among the most influential market voices in Asia’s third-biggest economy, with an intense following among the nation’s growing horde of retail investors. The man also known as “Big Bull” was a fierce backer of the India growth story. His investing success earned him a cult-like following, with news of his trades occasionally sparking […]

These stocks could return 14%-41% as Dalal-Street rally strengthens

CLSA has raised its target price on the stock to Rs 850 from Rs 805 and maintained a buy rating. The brokerage said it’s bullish on the property developer because of its focus on the Bangalore realty market, where housing demand outlook remains strong. CLSA said Sobha generated free cash flows for the seventh straight […]

Nifty likely to touch 17,900 with strong support at 17,300

We expect Nifty to head towards 17,900 in the truncated week while midcaps could relatively outperform. Use the dips to buy as strong support exist at 17,300. Strength in Indian equities is well supported by a strong correlation with developed market indices.