Stocks to buy today: 6 short-term trading ideas by experts
We have collated stocks from various experts for traders who have a short-term trading horizon:
Balrampur Chini, Cyient, NFL among top 6 stocks that could see 5-15% upmove in 3-4 weeks: Chandan Taparia
We don’t think that market is much worried about a recession. It had seen a good run-up of more than 2000 points from 16747 to 18887 levels in the last 11 weeks, so a recent decline of 600 points from higher zones is just part of profit booking which is just one-third of the entire […]
Big Movers on D-St: What should investors do with FACT, UCO Bank and Shree Renuka Sugars?
The counter is making higher highs and higher lows. It has created a strong base in a cluster of the 20-and 50-day moving averages, and the RSI is also holding the 50-mark; therefore, we can expect the bullish momentum to continue.
Festivity on hold for stocks as rate hikes beckon
Softening economic data heading to year-end isn’t offering much help to the mood either, leaving markets wondering where to look for the feel-good vibe that has rallied U.S. stocks in the last two weeks of December 11 times in the last 15 years.
Crypto pessimism grows as Bitcoin slips below $17,000
The largest token traded below $16,700 on Sunday after dropping as much as 3.7% on Friday. Earlier in the week, Bitcoin reached its highest price since Sam Bankman-Fried’s crypto empire filed for bankruptcy last month. On Friday, Ether declined as much as 6.3%, while other altcoins like Avalanche and Solana dropped as well.
Jerome Powell puts US pay hikes at heart of Fed’s 2023 inflation fight
The pivotal question for Fed officials is whether the climb in US pay over the past 18 months or so is a one-time bump – as companies adjust to scarce labor supply, and a realization that their workforce was under-compensated – or a pernicious feedback loop in which prices and wages drive each other up.
RCap threshold bid amount pegged at Rs 6,500 cr in 1st round
The Piramal-Cosmea combine, the Hinduja Group, Torrent Investment and Oaktree Capital are expected to take part in the auction of Anil Ambani’s erstwhile core investment company. The auction is scheduled for December 21 in Mumbai.
Hawkish Fed hits sentiment, Nifty’s resistance at 18,700
Nifty broke down its upsloping trend line support and slipped below the 20-SMA (18,528), indicating weakness ahead in the near term. If Nifty remains below 18,500, it will witness supply on any minor pullback.
Planning to buy gold bonds? Add in two tranches
Growing fears of a recession in the US and high domestic inflation necessitate adding gold as a portfolio diversifier. Here financial planners say investors should hold 10% gold in their overall portfolio and buy sovereign gold bonds (SGB) to reach that allocation.
Investors switching to index funds as high valuations cloud return prospects
Large-cap funds witnessed an outflow in November for the first time in 15 months, with year-to-date inflows at just one-fifth of index funds, according to data from the Association of Mutual Funds of India (AMFI)