F&O Talk| Nifty faces reversal signals and weaker breadth, key support at 24,500-24,400: Sudeep Shah of SBI Securities
The 50 component index Nifty 50 as well Sensex closed nearly 1.2% lower today. The former closed 293 points lower at 24,852 while the latter dipped by 1,017 points to 81,184.
Dalal Street Week Ahead: Nifty may continue to remain under corrective pressure
The volatility spiked as well; the volatility barometer India VIX surged by 13.63% to 15.22 on a weekly basis. While setting a distinct corrective undertone, the headline index closed with a net weekly loss of 383.75 points (-1.52%)
FPIs invest Rs 11,000 crore in India in first week of September. Will US jobs data increase flows?
However, Vijayakumar cautions that the elevated valuations are still a concern. If the US growth concerns impact global equity markets in the coming days, FPIs are likely to use the opportunity to buy in India.
Vedanta, BEML, among 140 stocks to remain in focus next week for dividend, bonus, split. Do you own any?
The record date is the date set by the company to decide the shareholders who are eligible to receive the offer. To be eligible for a buyback offer, bonus issue or a stock split, the shares should be in the demat account on the record date.
RIL bonus shares record date likely in October? Here’s what data suggests
The Ambani-led company has announced that the date for determining shareholder eligibility for the 1:1 bonus issue will be revealed later. However, historical data suggests the record date for the RIL bonus shares might be next month.
Wockhardt denies allegations of rent payments connections to SEBI orders, claims them baseless
Congress leader Pawan Khera on Friday had accused Sebi chief Madhabi Puri Buch of conflict of interest with the pharma company.
Concurrent Gainers: These 9 smallcap stocks gained for 5 days in a row
Over the last five trading sessions up to September 6, the Sensex index declined by approximately 1.43%, closing at 81,184, with losses occurring in 4 out of the 5 sessions. Despite this market weakness, ETMarkets identified 15 stocks from the BSE smallcap sector that demonstrated consistent price increases during this period. We further narrowed down […]
Gold ends lower in a highly volatile trade amid uncertainty over rate cuts
Gold rallied to test the all-time high soon after the release of the US NFP report as the number of jobs added fell short of forecast and continuing downward revision in the previous data portrayed a weakening job market, which increase the possibility of a rate cut by the US Fed.
LIC among Motilal’s 5 top life insurance picks, forecasts upside potential up to 25%
Looking ahead, the domestic brokerage firm believes that the forthcoming regulations, such as risk-based solvency and IFRS, are expected to positively influence financials by releasing capital that can be utilized for growth and for retaining a larger share of business, particularly in the protection segment.
8 Indian stock picks inspired by Peter Lynch’s investment style
Peter Lynch, the famed American investor and mutual fund manager, is widely known for his “growth at a reasonable price” investment approach. He is closely associated with the PEG ratio, which compares price-to-earnings (PE) ratios to growth rates. MarketSmith has developed a custom screen inspired by Lynch’s investment style, identifying securities that are trading at […]