Golden Crossovers: Titan, ICICI Bank among 5 stocks signalling further bullishness
In the NSE list of stocks, five stocks with a market cap of over Rs 1000 crore are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks’ […]
Stocks to buy today: 4 short-term trading ideas by experts
Indian markets are expected to open higher, following global market cues. The buying sectors on previous trading sessions were realty, FMCG, telecom, and public sector. Meanwhile, selling sectors were oil and gas, utilities and power. The maximum weekly Call OI is placed at 18,500 and then towards 18,400 strikes while the maximum Put OI is […]
Big Movers on D-St: What should investors do with Zensar Technologies, Max Healthcare and DLF?
Indian markets closed on a positive note with S&P BSE Sensex up by 300 points on Monday, while the Nifty50 closed below 18400 levels. The realty, FMCG, telecom, and public sectors were buying while power, utilities, and oil & gas witnessed some selling. Zensar Technologies is said to face a short-term decline, Max Healthcare is […]
F&O Ban: BHEL, GNFC, Delta Corp, PNB under ban on Tuesday; Manappuram Finance, Canara Bank exit
Bharat Heavy Electricals (BHEL), Delta Corp, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), and Punjab National Bank (PNB) are among the four stocks that are under F&O ban for trading on Tuesday. Future & Options (F&O) contracts enter a ban period when open interest (OI) on it exceeds 95% of the market-wide position limits (MWPL), […]
ETMarkets Smart Talk: Don’t look for illusive multibagger in FY24 but focus on asset allocation: Devina Mehra
It was the very worst year in over 200 years in US bond history. For both US equities and bonds being down had happened only for 1 year in the Great Depression (1931), 1 year in World War 2 (1941), once in 1969 and then this was the first time in 50 years that this […]
ETMarkets Fund Manager Talk: Notwithstanding growth risks, this fund house has gone significantly overweight on IT
We have generated more than 20% cumulative alpha over the last 2 years. Since the last 8 months, I have taken over the flexi fund which has started to see early signs of turnaround by being in the top quartile within 3 months.
Bank Nifty at all-time high. What should you do?
Analysts are, however, divided whether the index can continue its momentum after gaining almost 13% since March 15. Some expect the benchmark to extend its record-breaking run, while others fear the rally could fizzle out. If there is a sell-off in bank counters, they advise buying stocks such as SBI, Kotak Mahindra Bank, ICICI, Axis […]
HNIs eye private credit for better returns
Market-linked debentures (MLDs) that were earlier taxed at 10% after a holding period of more than a year are now taxed at marginal tax rates. Even investments in debt mutual funds are now taxed at marginal tax rates without any indexation benefits, irrespective of the duration of the investments.
Panel may ready new list of public sector banks for privatisation
India may set up a panel to identify public sector banks that can be privatized, including mid- and small-sized ones. The move comes after state-owned lenders turned profitable and several rounds of consolidation reduced the number of banks. The committee, which may include officials from the Department of Investment and Public Asset Management, the RBI […]
FII flows, cooling prices lift D-St despite Karnataka poll results, US debt concerns
The Sensex closed at 62,345.71, up 317.81 points or 0.51%, after rising nearly 1% in Monday’s trading. The Nifty closed at 18,398.85, up 84.05 points or 0.46%, after gaining as much as 1.1% to a high of 18,458.90. Both indices are about 2.7% away from their record levels.