Ahead of Market: 10 things that will decide D-Street action on Wednesday
Indian equity indices closed flat on Tuesday, as gains in autos and real estate offset a drop in information technology stocks ahead of an anticipated pause in the US Federal Reserve’s rate hike. Analysts predict that the general trend will continue to remain flat, though there is potential floor support at 18,500 and resistance at […]
These 10 midcap stocks hit their new 52-week high. Do you own any?
What are the new guidelines unveiled by RBI for bank locker users?
See exactly what happens is that if for example, customer has not paid rent for a long time then banks can open the locker as they had this power. But now they can open the locker but only in the presence of customer that has been clarified in this.
4 Adani group stocks set to rally Wednesday as BSE increases circuit limits
For Adani Green Energy, Adani Transmission, and Adani Wilmar, the circuit limits have been revised to 10% from 5%. The biggest boost is for Adani Power as the circuit limit has been increased to 20% from 5%.
T-Bills are currently yielding more than fixed deposits. Should you invest? Here’s what Nithin Kamath says
Nithin Kamath, co-founder and CEO of India’s leading stock broker Zerodha, urges Indians to consider other investment options besides savings accounts and fixed deposits. He believes that the over Rs. 60 lakh crore held in savings bank accounts is earning sub-par returns. Even startups keep idle funds in their current bank accounts that generate no […]
Tech View: Nifty chartists expect sideways movement. What should traders do on Wednesday
Fear gauge India VIX was up by 2.15% from 11.12 to 11.38 levels. Volatility negated its lower highs formation on daily frames but overall lower levels kept the index in a smaller range. Options data suggests a broader trading range between 18300 to 18800 zones, while an immediate trading range between 18450 to 18700 zones.
2 top stock recommendations from Jay Thakkar
These strategies can be initiated because these are non-directional strategies. That is as far as the indices view is concerned and the strategies out there is concerned.
India should be able to sustain growth rates of around 6.5% over 2023-24: Chetan Ahya
We are seeing consumption now broadening out, initially it was largely services after we reopened last year in April 2022 and it is now transitioning towards more balanced recovery in consumption with goods and services coming together.
Hot Stocks: Brokerage view on Sunteck Realty, L&T, UltraTech Cement, HUL & ITC
Brokerage firms have maintained their stances on several stocks. Jefferies reiterated a buy rating for Sunteck Realty citing strong cash flow and a 25% growth guidance for FY24 as support. Credit Suisse retained an underperform stance on Container Corp, ABB India, and Voltas while being bullish on L&T, UltraTech Cement, and Cummins India. CLSA holds […]
NSE to shift Nifty Bank F&O expiry day to Friday
“The above shall be effective from trade date July 7, 2023 Friday and accordingly, all existing contracts with Thursday expiry will be revised to Friday on July 6, 2023 EOD. The first Friday expiry will be on July 14, 2023,” NSE said in a circular.