Trade Setup: Nifty 50 sustains above 100-DMA key for further short-covering rally

Tuesday’s market action was as expected; The Nifty 50 edged higher and recouped its previous day’s loss to settle with gains on Tuesday. As mentioned in the previous technical note, short-covering took place as anticipated, and Nifty 50 also halted its bounce near the key resistance point of the 100-DMA. As the day progressed, the … Read more

Ahead of the market: 12 things that will decide stock action on Wednesday

MUMBAI: Nifty 50 is likely to form a triangular formation on the daily chart on Tuesday as the benchmark index rose after two sessions of losses and managed to cover all losses from the previous day. Here’s how analysts read the pulse of the market: In terms of price patterns, Nifty 50 has the potential … Read more

Sensex: Market Watch: Can D-Street’s momentum sustain further? , The Economic Times Podcast

Welcome to ETMarkets Watch, the show about stocks, market trends and money making ideas. I am Bhaskar Dutta and here is the top headlines at the moment. -Omicron will influence RBI’s policy decisionsIndia among the most unequal countriesNestle got approval under PLI-Paytm offers special flight fares for students-China November export growth slows, imports up Let’s … Read more

Tech View: Nifty 50 likely to turn triangular; Consolidation expected for a few days

NEW DELHI: After last two sessions of sharp selloff, the bulls finally managed to bounce back on Tuesday as the Nifty 50 index almost made up all the losses it had created in the previous session. The index opened with gains at 17,044.10 and extended the gains to 17,210.65 before starting a minor sell-off. Eventually, … Read more

Biggest gainer and loss of the day: Ramky Infra rallies, Voda Idea down 5%

New Delhi: Domestic stock markets on Tuesday made a strong comeback after two days of sharp losses as worries over the Omicron version eased. Investors enjoyed quality stocks at attractive prices. The market fell marginally in the last hour before the RBI’s MPC policy on Wednesday. The 30-share Sensex closed at 57,633.65, up 886.51 points … Read more

Good time to buy stocks slowly: Vineet Sambre

Vineet Sambre of DSP Mutual Fund says that the price performance of bank stocks should be in line with the fundamentals and they should provide good value to the investors. Edited excerpts from a conversation with ET Now: Is it time to look at things like cyclicals, return to value stocks and banks?When you are … Read more

Shriram Trans Fin shares up 1.6% on Sensex rise

Shares of Shriram Transport Finance Company Ltd rose 1.6 per cent to Rs 1474.0 in Tuesday’s session as of 01:39 PM (IST), while equity benchmark Sensex was trading 1048.66 points higher at 57795.8. Earlier in the day, the stock saw a gap at the start of the session. The stock quoted a 52-week high of … Read more

Buy Amber Enterprises India, Target Price Rs 3690 : Axis Securities

Axis Securities has a buy call target of Rs 3690. The current market price of Amber Enterprises India is Rs 3170.05. price can reach its target. Amber Enterprises India Limited, incorporated in the year 1990, is a Mid Cap company (having a market cap of Rs 10710.23 Crore) operating in Consumer Durables sector. AMBER ENTERPRISES … Read more

Buy Aarti Industries, Target Price Rs 1080 : Axis Securities

Axis Securities has a buy call with a target price of Rs 1080. Aarti Industries Ltd. , The current market price of Rs.950.15 is Rs. The time frame for which the price can reach its specified target is 9 months. Aarti Industries Limited, incorporated in the year 1984, is a Mid Cap company (having a … Read more

Buy Equitas Small Finance Bank, target price Rs 78: Axis Securities

Axis Securities has a buy call on Equitas Small Finance Bank with a target price of Rs 78. The current market price of Equitas Small Finance Bank is Rs 61.2. The analyst has given the time period of one year as Equitas Small Finance Bank Ltd. price can reach its target. Equitas Small Finance Bank … Read more