Abhay Agarwal sees market bottoming out as aggressive FPI selling slows
Market volatility is due to low trading volumes, with potential bottoming out expected by April. Positive shifts in domestic consumption and FPI flow reversals suggest opportunities in the banking and financial sectors. Transition focuses on high-growth small and midcap stocks over largecap defensive names.
Rohit Srivastava optimistic on Nifty, says market has reached bottom and ready for upside
The Nifty index shows signs of a strong recovery after a long losing streak, supported by low sell volumes and oversold conditions. Market expectations are bullish with crucial resistance levels around 22,500, while Nifty Bank outperforms, indicating readiness to break its downward trend.
Nifty50 appears reasonable, but stock selection is key: Sanjeev Prasad
Sanjeev Prasad discusses the current market, highlighting the lack of substantial value across large-cap, mid-cap, and small-cap indices despite their correction. He points out potential opportunities in the banking sector due to stabilization and growth prospects while cautioning against highly overvalued narrative stocks.
Dollar’s decline and crude price dip may boost India’s market outlook: Sandeep Tandon
Sandeep Tandon, CIO of Quant MF, discusses the commonality of market corrections even in a bull market. He highlights the importance of handling these corrections with maturity. Tandon is positive about India’s near-term market outlook due to favorable currency movements and lower crude prices, despite global trade tension concerns stemming from Trump’s policies.
Biocon shares up 3% after US FDA nod for key cancer drugs
Biocon share price: Shares of Biocon Ltd rose 3% after Biocon Pharma received FDA approvals for cancer drugs Lenalidomide and Dasatinib, enhancing its US oncology market presence. The company also got tentative approval for Rivaroxaban. Despite recent stock declines, analysts suggest a potential 22% upside. Biocon’s Q3 profits dropped sharply due to a previous one-time […]
ETMarkets Smart Talk | Over 60% of the stocks are available at 25-50% discount highs: Value buys or traps? Manish Goel explains
Even though FIIs have pulled out a record amount in Rs 2.1 trillion since October 2024, DIIs have stepped in with even higher investments (Rs 3.2 trillion), keeping the market from falling sharply.
Power Grid shares jump 3% after securing three inter-state transmission projects
Power Grid Corporation of India won three inter-state power transmission projects under a tariff-based bidding process. These include transmission systems for Rajasthan Renewable Energy Zone phase-5, Gujarat’s Banaskantha power station, and Kurnool-IV REZ phase-I. Despite securing these projects, Power Grid reported a 4.1% decline in net profit for December 2024 quarter.
Positive Breakout: These 7 stocks cross above their 200 DMAs
In the Nifty500 pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on March 4, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day […]
India ‘hardly on radar screen’ in US tariff plans but global uncertainty a bigger worry: Swaminathan Aiyar
Swaminathan Aiyar believes India’s economy will not be directly affected by U.S. tariffs targeting countries like China and Russia. However, global trade uncertainties could still impact India due to slower world GDP growth and reduced trade volumes.
Asian shares fluctuate on hints of tariff relief
Equities opened lower in Sydney and mixed in Tokyo after mayhem on Tuesday that saw a global index approach levels from the start of this year. Contracts for the S&P 500 rose 0.8% — after the index dropped 1.2% on Tuesday — echoing gains in late trading after Lutnick hinted at a compromise with Canada […]