Goldman upgrades oil demand outlook as market tempers growth pessimism
A reduced recession risk and a strong effort by the Organization of the Petroleum Exporting Countries (OPEC) to push up prices support Goldman’s view on higher oil prices and an outlook for less volatility, the analysts wrote in a note
Should you buy IDFC First Bank shares after steady Q1 earnings?
Following IDFC Bank’s April-June quarter earnings on Saturday, Motilal Oswal reiterated ‘Buy’ rating while Nuvama recommended a ‘Hold’ on the counter.
SBI Card shares fall 4% after Q1 earnings. Should you buy, sell or hold?
The company’s gross non-performing assets rose to 2.41% of gross advances as of June 30, against 2.24% a year ago. Similarly, net non-performing assets increased to 0.89% from 0.78% a year ago.
Chart Check: After 30% rally in 3 months, this stock gives breakout from 6-wk consolidation of flag pattern; time to buy?
The stock rose from Rs 1,244 recorded on 26th April 2023 to Rs 1,667 as on 26th July 2023 which translates into an upside of 34%. The stock also gave a breakout from a 6-week consolidation of a Flag pattern on the weekly charts which has opened room for the stock to head towards Rs […]
How to trade Nifty in August series with VIX near record lows? Anand James shares some tips
Despite penetrating the 19620 region which had so far thwarted several downside attempts, the swing higher towards close on Friday is very encouraging, having bounced off 20d SMA.
Jana Small Finance Bank resubmits documents for Rs 575 crore IPO
Microfinance loans continue to remain the lender’s mainstay business, accounting for around 44.6% of its loan portfolio, as of March 31. The balance comprises of secured advances such as loans to micro, small and medium enterprises, loans to non-banking finance companies and gold loans.
Stocks to buy today: IRCTC, Bank of Baroda among top 6 trading ideas
Since it is the beginning of the new series, option data is scattered at various far strikes in the monthly series. On the weekly front, the maximum Call OI is placed at 19800 and then towards 19700 strikes.
Golden Crossovers: India Cements 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. These stocks’ 50-day simple moving averages (SMA) crossed their 200-day SMAs on July 28.
At multi-year highs: These 10 stocks witness 5-year swing high breakout
In the Nifty200 pack, we have collated a list of 10 stocks that witnessed a 5-year swing high at the close on July 28, suggesting bullishness in counters
ETMarkets Smart Talk- Our outlook favours small-cap stocks over mid- and large-caps: Satish Menon
We find no evidence of over-optimism in the domestic stock market. YTD, India is underperforming developed markets like the US by 50% (S&P500 18% vs. Nifty50 is 9%), despite the fact that the domestic economy is stable while the US is still at risk of recession.