Simply Put: Sector rotation – The Hindu BusinessLine

Two friends catching up in a coffee shop got into an interesting conversation as one of their favorite musical themes, ‘Wheel of Fortune’ from Pirates of the Caribbeanstarted playing in the background. Frame: I struggle to understand the market many a time. . It appears like the deity of fate is spinning the wheel of … Read more

Foreign Fund Flows, IPO Activity And Global Cues Likely To Influence Market

Mini With the absence of domestic cues, the focus on Dalal Street is likely to shift to global cues, with a key rate decision by the ECB and a speech by Fed Chair Jerome Powell scheduled for this week. Foreign fund flows and movement in crude oil as well as the rupee will remain on … Read more

IndusInd Bank Gains As Jefferies Ups Target On Growth In Retail Deposits

Shares of IndusInd Bank Ltd. gained after Jefferies raised its price target for the lender, citing a turnaround in earnings with better growth and lower credit costs. The bank’s annual report for 2021-22 shows improvement in retail deposit franchise and ALM (asset and liability management) that is “helping narrow the gap in rates vs larger … Read more

stock market analysis: Dalal Street Week Ahead: Markets to remain cautious; protect profits at higher levels

After continuing to rise in an unabated manner for three out of four sessions in a truncated week, the Indian equity markets managed to end on a positive note for the week. But the market witnessed a sharp profit taking bout in the last trading session. From a technical perspective, the most important of the … Read more

Index Outlook: Not much room to rise in Sensex, Nifty 50

Indian benchmark indices broadly remained stable last week barring the wild swing seen on Friday. Both the Sensex and Nifty 50 tumbled on Friday and were threatening for a weak close and more sell-off going forward. However, the indices recouped most of the day’s loss and closed the week marginally higher. Sensex and Nifty were … Read more

Sensex Ends Choppy Session 150 Pts Lower And Nifty Near 15,800 – Rupee Hits Record Low

Market At Close | Sensex and Nifty50 recover much of the day’s losses Here are some highlights: –Reliance supports the market – lifts Nifty by 40 pts –FMCG stocks under pressure on concerns with respect to GST rate hike on some items –ONGC and Oil India rise on deregulation for domestically produced oil –AU Small … Read more

Index Outlook: Can resistances cap the upside in indices?

Global equities got a breather last week after having knocked down badly in the week earlier. Most of the major global indices bounced back 2 per each. The Dow Jones Industrial Average outperformed by rising over 5 per cent. Will this bounce-back move sustain? Or is it just a correction within the broader downtrend. We … Read more

nifty: Which stocks will lead the next bull market? Check technical indicators

New Delhi: Taking Nifty bulls on a roller coaster ride, the stock market which was in a confirmed uptrend a few months back, shifted to an uptrend-under-pressure mode and then shifted to a downtrend mode. After hitting a 52-week low at 15,183 last week, Nifty is now back in a rally-attempt phase as bulls bought … Read more