STOCKS IN BEAR GRIP

In the first half of August, foreign institutional investors withdrew Rs 14,790 crore from financial stocks due to concerns about Fed rate cuts. They invested in healthcare, FMCG, and consumer services instead. Experts suggest these financial stocks...

After a robust performance, 30 PSU stocks have entered the bear market, prompting mutual funds and FIIs to reduce stakes. Despite strong government reforms bolstering these stocks, experts indicate current valuations are high and a correction period...

Budget 2024: Nirmala Sitharaman’s Budget must balance welfare and capex amid coalition politics. Risks are capital gains tax hike, populist measures, and STT increases on equity sales and F&O. High Sensex, Nifty raise RBI, Sebi concerns. Robust GST,...

Tide Water Oil (India) Ltd. stock surged 123% over a year, breaking out from a Rounding Bottom pattern on weekly charts. Analyst set a target price of Rs 2,800 with a stop loss at Rs 1,800. The stock is above 21, 50, 100 WEMA, tracked by RSI above 7...

Gold demand in Asia is increasing despite near-record high prices, driven by geopolitical and economic uncertainty. Spot gold trades over $2,300 per ounce, up 12% year-to-date, and 6% below the record high. Lower confidence in real estate and equiti...

The Securities and Exchange Board of India (Sebi) last week decided to lower the face value of listed bonds to ₹10,000, from ₹1 lakh. The regulator had in 2022 reduced the face value of such securities to ₹1 lakh from ₹10 lakh.

Rakshit Ranjan explains why Marcellus has added a ball bearing company and added more to a pipe company in the Risiging Giant portfolio. He also discusses the China plus one story playing out in the chemical space. Talks about the potential for norm...

As the consecration ceremony of the Ram temple in Ayodhya approaches, the demand for saffron flags bearing images of Lord Ram, Lord Hanuman, and the upcoming temple has increased significantly. Devotees are arriving early to have a darshan of Ram La...

Among the Sensex firms, Tata Steel fell the most by 4.21 per cent. NTPC, Tata Motors, HCL Technologies, Mahindra & Mahindra, State Bank of India, Power Grid, Tech Mahindra, Larsen & Toubro and JSW Steel also declined

The Nifty October series rollover currently stands at 62.96% while the open interest-wise put-call ratio (PCR) stands at 0.56 for the October monthly series, which indicates a flat-to-bearish bias for the monthly expiry.

The number of smallcap stocks which delivered double-digit gains during the week further fell to just 22. In the previous week, about 40 stocks had seen a double-digit rally, which too was a drop from about 100 double-digit gainers in the preceding ...

Sensex’s non-stop run northwards since March saw the 30-stock index rally close to 15% and hit a lifetime high of 67,619.20 points on July 20. This rally was backed by strong inflows of nearly $19 billion from foreign institutional investors, and st...

The stock hit a 52-week high of Rs 807 on 5th December 2022, but it failed to hold on to the momentum. It closed at Rs 604 on 8th August 2023 which translates into a fall of over 25%.

The stock also closed below the lower Bollinger Band on the daily charts, which suggests weakness. Traders should avoid catching the falling knife and look to sell the stock for a downside target between Rs 300-400, suggest experts.

Realising the severity of the hit to its image, Adani Group has brought in Kekst CNC as a global communications advisor, according to Bloomberg News. The public relations firm co-headquartered in New York and Munich, is known for its work with other...

Analysts remain broadly positive on the capital goods space as higher spending by the government will drive orders and boost revenue visibility for the companies in this sector.

It seems the institutions are trying to bring their average price down as most of the stocks they have been buying have been underperformers and more importantly, the outlook does not give many reasons for a fresh buy, independent market expert Amba...

As many as 110 of the stocks are linked directly to agri commodities, such as sugar, rubber, tea and coffee, the sector classification suggests. This excludes 114 stocks from the FMCG sector.

According to the data from Ace Equity, as many as 400 stocks from the BSE500 index have tumbled between 20-76 per cent from their respective 52-week highs. BSE500 index constitutes about 95 per cent of the total market capitalization of BSE.