Nifty eyes consolidation, key support at 23,800: Sudeep Shah of SBI Securities
“Nifty IT is witnessing an outperformance, and this could witness further strength in the coming few sessions. After marking a high of 43,645 on September 17, Nifty IT entered a throwback phase. During the period of throwback, the index has taken support near its 100-day EMA level and resumed its northward journey. Interestingly, on a […]
8 smallcap stocks that gained for five days in a row
In the five trading sessions leading up to November 8, the Sensex index posted a slight decline, closing lower in three days. Despite this modest weekly dip, ETMarkets highlighted 8 stocks from the BSE Smallcap index that saw consistent price gains during the same period. (Data Source: ACE Equity).
These 5 smallcaps saw rise in prices with volumes in 3 days
ETMarkets’ analysis of BSE Smallcap stocks shows that over the past three sessions (November 6-8), five stocks have seen consistent increases in price, trading volume, and delivery volume, suggesting a rise in investor interest. (Data Source: ACE Equity)
Earnings outlook for Nifty flat; ICICI Bank, L&T could give 17-19% returns post Q2 results
Technology companies outperformed expectations, achieving solid revenue growth while expressing cautious optimism for the coming quarters. The healthcare sector showed strong performance, with stable growth in domestic formulations. This earnings season has reinforced the importance of selectively positioning within growth-oriented sectors.
Wall St Week Ahead: Inflation data poses test for stocks rally after Trump win
Investors are closely watching inflation trends to see if the stock market rally, fueled by Trump’s victory and expectations of tax cuts, can be sustained. The Federal Reserve’s ability to continue cutting rates hinges on inflation remaining moderate. While Trump’s policies could boost growth, they also carry the risk of reigniting inflation.
Swiggy IPO allotment expected soon. Check status, GMP, listing date and other details
Swiggy’s IPO share allotment is expected to be finalized later on Saturday. Shares will be allocated through a lottery system under the supervision of the registrar. On the allotment date, investors will learn the number of shares assigned to them relative to their bids.
Are Q2 earnings downgrades already factored in? DSP Mutual Fund’s Abhishek Singh explains
“I’ve been cautious about valuations for some time. Revenue growth had been slowing for several quarters, and now even profits are lagging. I haven’t had to make major adjustments to my portfolio, as I’ve maintained a conservative stance.”