After 38% downfall, can Nykaa stock regain its lost charm anytime soon?
After seeing rampant selling in 2022, shares of most new-age consumer technology companies rebounded sharply in 2023. However, the “Nykaa” brand owner is missing from the list. Shares of Nykaa have given negative returns of more than 7% on a YTD basis and it even touched a 52-week low of Rs 114.25 in April.
9 penny stocks that turned multibaggers in Q1 FY24. Do you own any?
As Q1FY24 results are set to trickle in, as many as nine penny stocks turned multibaggers in this period
Golden Crossovers: Tata Power among 6 stocks signalling further bullishness
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.
Big Movers on D Street: What should investors do with HDFC Bank, ITC and Samvardhana Motherson?
The key technical indicators are in favor of the bulls on the long-term as well as the short-term timeframe charts. The stock will explore uncharted territory after a wide range breakout which could take it towards Rs1,900-2000, zone. In case of any decline, the stock may find support around Rs 1640-1660 levels being the band […]
ETMarkets Fund Manager Talk-This fund manager sees value in 3 sectors as domestic growth prospects strong
There are certain sectors that have just experienced an inflexion point after a long period of headwinds where growth may continue going forward.
ETMarkets Smart Talk- Avoid FOMO! Most retail direct investors have missed the rally from April 2023 till date: Jiten Parmar
We have hit new highs. There was some nervousness before it actually hit a new high. I think the primary reason was the ‘monsoon’. Now with the advent and decent spread, markets seem to have shaken that worry.
Stocks to buy today: ICICI Bank, BHEL among top 9 trading ideas for 6 July 2023
On the weekly options front, the maximum Call OI is placed at 19,500 and then towards 19,400 strikes while the maximum Put OI is placed at 19,300 and then towards 19,000 strikes. Call writing is seen at 19,500 then 19,550 strikes while Put writing is seen at 19,350 then 19,400 strikes.
Samvardhana stock rises 10%, could gain up to 33% more
Japanese brokerage firm Nomura upgraded the stock by two notches to ‘buy’ and set a target price that has the potential to deliver another 17% returns from the current levels. “Believe this is a good acquisition,” said Nomura in a note to clients. “See high potential of sunroof systems and entry into Japanese customers. Further […]
Visa, Mastercard or RuPay? Choice may be yours, not bank’s
The central bank said that existing arrangements between card networks and card issuers (banks and non-banks) are not conducive to the availability of choice for customers. It has called for public comments by August 4 and set October 1 as the date to implement the circular. If implemented, customers can choose their card provider either […]
Markets take a breather after record-breaking rally
The 30-share BSE Sensex dipped 33.01 points or 0.05% to settle at 65,446.04. The benchmark remained in the negative territory for most part of the trade and fell 222.56 points or 0.33% to 65,256.49 in intra-day.