Golden Crossovers: Adani Power among 5 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.
SBFC Finance IPO opens for subscription. Should you bid?
“Considering the subdued ROE profile of the company as well as high post-issue adequacy of 50%, return ratios are expected to remain under pressure in coming years. We have a cautious view on the issue,” said Incred Equities.
LIC throws up a challenge for FII bears. Will the contra bet pay off?
The state-owned insurer’s stake in LTTS rose 117 bps to 5.7%, Infosys 64 bps to 8.83%, HCL Tech 32 bps to 4.55%, LTIMindtree 24 bps to 3.36%, Wipro 17 bps to 4.59% and TCS 16 bps to 4.63%.
Taking stock: Weak guidance, multi-quarter low growth keep IT investors on edge; what’s in store ahead?
The two verticals that most IT companies saw notable slowdown were banking and telecom, and these two sectors saw significantly higher digital spend during the pandemic period. The commentaries by companies indicate that project ramp downs or cancellations might still be on-going as and when these projects come up for renewals.
Hot Stocks: Brokerages view on M&M Finance, Mankind Pharma, HPCL, Indigo and Titan Company
Morgan Stanley maintained an equal-weight rating on M&M Finance with a target price of Rs 300. Disbursements and collections remained strong in July. Collection efficiency in July was also marginally better.
ETMarkets Smart Talk- Future IPOs could come from defense, semiconductor manufacturing space and EV space: Roop Bhootra
The results have been decent so far and if we look at the domestic-focused sectors then it is good. Currently, markets have seen a sharp runup leading into the results season and now trading at reasonable valuation.
ETMarkets Fund Manager Talk-Improving RoEs, lower multiples leave room for earnings expansion in banks: Omniscience Capital
As indices hit all-time high levels, many investors have wondered if we are in for a correction or there is more steam left. While markets can always fall, long-term investors focus on the fundamental factors.
Stocks to buy or sell today: Berger Paints, Marico among top 10 trading ideas
On the weekly front, the maximum Call OI is placed at 19800 and then towards 19700 strikes while the maximum Put OI is placed at 19500 and then towards 19300 strikes. Call writing is seen at 19600 and then towards 19650 strikes while minor Put writing was seen at 19450 and then towards 19400 strikes.
Positive Breakout: PVR Inox & 3 other stocks cross above 200 DMAs
The 200-day DMA is used as a key indicator by traders to determine a particular stock’s overall trend. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
At multi-year highs: These 10 stocks witnessed 5-year swing high breakout
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond.