Tech view: Nifty rebounds above 23,500 level, 200 DEMA; pullback rally eyes 24k resistance. How to trade on Monday
The Nifty gained 375 points over the week to close at 23,907. A smart comeback by the bulls in the second half of this week helped the market recover almost the entire loss registered in the first half.
Further steep hike in housing prices may prove to be a deterrent to demand: Prashant Thakur, Anarock
Indian real estate is experiencing a price surge, with post-Covid appreciation averaging 59-60% across major cities. While this boom has driven sales, experts warn that further price hikes could deter buyers. Mumbai stands out with stable prices despite high demand, while the NCR attracts major developers but sees shrinking affordability.
Sudeep Shah’s top bets from PSU Banks and realty pack
So, I feel overall now, let us stick with that support zone of 23,500 until this zone holds, this upside could continue up to 23,800, 23,900 zone in the coming few sessions.
Indian Hotels shares trade at all-time high. Can the rally defy market gloom?
Indian Hotels shares hit an all-time high, backed by positive technical indicators and strong management plans. Analysts forecast further gains, targeting Rs 800-882, though caution is advised due to overbought levels.
S Naren on why recent equity correction isn’t cause for major worry
Because if you look at it smallcap or midcap have not corrected in India significantly mainly because they do not own it. So, the selling has been completely in largecaps, both in 2021-22 and now.
Protean eGov Technologies shares crack 10% as NSE Investments plans to offload 20% stake via OFS
Protean eGov Technologies shares are in focus as NSE Investments plans to offload up to 20.31% stake via an offer for sale (OFS) with a floor price of Rs 1,550 per share.
LTIMindtree shares in focus as LIC increases stake to 7%
Life Insurance Corporation of India (LIC) has increased its stake in LTIMindtree from 5.033% to 7.034% through open market purchases. This news coincided with LTIMindtree’s announcement of an 8% YoY growth in Q2 net profit, reaching Rs 1,251 crore, and a 6% rise in revenue to Rs 9,433 crore.
Stocks to buy today: ABB, Federal Bank among top 10 trading ideas for 22 November 2024
The Indian market is expected to trade higher on 22 November 2024, following positive global cues. Despite a 2.09% rise in the India VIX, indicating increased caution, FII selling pressure persists. Experts suggest that Nifty could face downward pressure unless it stabilizes near key support levels. A list of top trading stock recommendations includes ABB, […]
ETMarkets Smart Talk: Can passive funds save tax? Zerodha’s Vishal Jain breaks it down
The benefits of passive funds are that they are simple, transparent, and relatively low-cost. Passive funds such as ETF/Index Funds are versatile and provide exposure to broad segments and sub segments of the equity markets, commodities and fixed income thereby enabling one to easily create personalized portfolios.
3 sectoral picks from Sunil Subramaniam for near term
So, I would say that where those valuations were a little bit overvalued because the whole market was overvalued, to the extent that the correction is coming there, I would say some fund managers would look at buying those not related to the specific case over a period of the next few days because they […]