Trade Setup: 17100-Level Key Hedge for Nifty 50; stick with defensive stocks

Friday’s day brought a big negative surprise for the stock markets. With US markets closed on Thursday due to the Thanksgiving holiday, no signs were expected overnight. However, renewed Covid fears gripped equity markets overnight, which saw Asian markets open with deep cuts and Dalal Street was no exception. Indian markets had a relatively resilient … Read more

Key factors driving the market this week include Covid news, GDP numbers and two IPOs

New Delhi: Events related to two IPOs, auto sales numbers, PMI readings, quarterly GDP data, core sector data, the start of the winter session of Parliament, and above all, the new COVID edition are set to be revealed. Domestic market in the coming week. Global economic indicators such as the Chinese PMI reading and US … Read more

All eyes on covid version as bears to patrol Dalal Street next week

MUMBAI: The domestic stock market is in gloom next week as the global economy may soon be at risk of recovering from the pandemic, which is entering its third year, with the emergence of a new version of the coronavirus. The new variant, which is spreading rapidly in South Africa and some other African countries, … Read more

Market movers: Fear rages on D-Street as buyers go into hiding

MUMBAI: Friday was the worst day on Dalal Street this entire year – a year that had a short taper tantrum in February, a disastrous second wave in April-May and a Chinese recession in August-September. And yet it was the discovery of a new variant of the Covid-19 virus found in South Africa that established … Read more

Market Movers: Bulls Find It Hard To Push, Zee Ent Closes To Merger

MUMBAI: After tasting relief for the first time in five sessions on Tuesday, one can forgive investors for thinking that the market will resume another run towards record highs as it has done several times in the last 18 months. Tuesday’s sharp gains provided an opportunity for the bulls to push back against bearish dominance … Read more

Sensex falls for 4 days, ends with a gain of 1,117 points before closing up 198 points

NEW DELHI: Benchmark indices rebounded from lower levels on Tuesday as buying in lower levels helped them break a four-day losing streak. Investors ignored concerns about a rising dollar and cases of COVID-19 in Europe. However, gains were checked as BlackRock said it was reducing its investments in Indian equities and becoming more optimistic on … Read more

Dalal Street Week Ahead: Will equities once again outperform other asset classes?

Markets fell last week due to Friday being a business holiday on account of Guru Nanak Jayanti. In the four-day trading week, Nifty remained in a corrective mode and ended on a negative note in all the four trading days of the week. In the process, the index has breached important supports on the daily … Read more

The reopening of business is real; Many engines are yet to catch fire: Mihir Vora

“Resumption of business and reduction in consumption, in short, the theme of reopening, is very much. We expect the current sentiment to remain subdued, but there are likely to be several kickers in the next few months,” it adds. Mihir Vora, CIO and Senior Director, Max Life Insurance, The whole business is going well again … Read more

Equity valuations seem inflated, says RBI report on economy

Valuations of Indian equities seem to be buoyed by most traditional criteria, such as the price-to-earnings multiplier and yield gap with benchmark bonds, but the tendency among promoters to increase ownership in listed companies reflects their confidence in their businesses, The central bank economist said in its latest report on the state of the economy. … Read more