Nifty Bank: Key levels to watch out for on Monday

The index breached the crucial support of 40,000 and closed below it, confirming the breakdown and activating the sell-on-rise mode. The index remains in a sell-on-rise mode with hurdles at 40,500 and the next support is visible at 39,000.

Tech View: Bloodbath on D-St! Should traders go short on Monday?

“A rise in the US 10-year bond yield and a strong dollar index influenced FIIs to flee emerging markets. A fall in liquidity in the banking system, a weak currency and a current premium valuation set the market outlook bearish for the near term,” Vinod Nair, Head of Research at Geojit Financial Services, said.

Top-rated Indian companies issue bonds at near-govt borrowing rates

Even as the economy recovered, corporate bond issuances were down by more than a fifth between April and August this year compared to the same period before the pandemic, in 2019. This resulted in higher-rated corporates being able to raise funds at close to the borrowing rates for government debt, the safest asset on the […]

Brokerage firms initiate coverage on 8 stocks; would you buy?

A host of domestic brokerage firms have initiated coverage on various stocks from different sectors including consumption, infra, engineering, FMCG and consumer durables, among others. They remain positive on these counters as all eight stocks have a buy rating. Here are the new stocks which brokerages prefer:

Golden Crossovers: These 5 stocks signal further bullishness​

​Among NSE stocks with a market cap of over Rs 1,000 crore, five counters are witnessing Golden Crossovers, according to’s technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when a short-term moving average crosses over a major long-term moving average on the upside. These stocks’ 50-day simple moving […]