Tech View: Nifty could be in overbought zone after scaling new peak. What traders should do next week
Tech View: Nifty could be in overbought zone after scaling new peak. What traders should do next week
Posts
The market is inching towards a new direction with renewed buying in auto and IT stocks in expectation of strong festive demand and a strong deal wins. Better-than-expected economic data from China and stimulus hopes further added optimism in global markets. The ECB hinted at a potential pause in rates due to receding inflation, while investors are now focused on central bank meetings next week, with the U.S. FED, BoE, and BoJ set to announce their rate decisions.
The market is inching towards a new direction with renewed buying in auto and IT stocks in expectation of strong festive demand and a strong deal wins. Better-than-expected economic data from China and stimulus hopes further added optimism in global markets. The ECB hinted at a potential pause in rates due to receding inflation, while investors are now focused on central bank meetings next week, with the U.S. FED, BoE, and BoJ set to announce their rate decisions.
Posted by
Able
on
- Get link
- X
- Other Apps
Stock Market Live Updates: Shares of Siyaram Silk Mills rallied nearly 8% to hit a new 52-week high of Rs 633.8 in Friday's trade on the BSE after the firm increased the share buyback price to Rs 720 per scrip from Rs 650.
Stock Market Live Updates: Shares of Siyaram Silk Mills rallied nearly 8% to hit a new 52-week high of Rs 633.8 in Friday's trade on the BSE after the firm increased the share buyback price to Rs 720 per scrip from Rs 650.
Posted by
Able
on
- Get link
- X
- Other Apps
Stock Market Live Updates: Almondz Global Securities announces commissioning of enhanced capacity of Ethanol Plant of 200 KLPD.
Stock Market Live Updates: Almondz Global Securities announces commissioning of enhanced capacity of Ethanol Plant of 200 KLPD.
Posted by
Able
on
- Get link
- X
- Other Apps
Sensex Today | Stock Market Live Updates: Bajaj Auto shares jumped 5% to hit their 52-week high of Rs 5,084 on the NSE following an upgrade on the stock by brokerage firm BofA. Today's rally marked seven uninterrupted sessions of gain in the stock.
Sensex Today | Stock Market Live Updates: Bajaj Auto shares jumped 5% to hit their 52-week high of Rs 5,084 on the NSE following an upgrade on the stock by brokerage firm BofA. Today's rally marked seven uninterrupted sessions of gain in the stock.
Posted by
Able
on
- Get link
- X
- Other Apps
Sensex Today | Stock Market Live Updates: India's second-largest software services exporter Infosys said it signed a $1.5 billion contract for a 15-year period with a "global company". Under the deal, Infosys will provide enhanced digital experiences and business operation services, leveraging the company's platforms and artificial intelligence (AI) solutions, it said on Thursday.
Sensex Today | Stock Market Live Updates: India's second-largest software services exporter Infosys said it signed a $1.5 billion contract for a 15-year period with a "global company". Under the deal, Infosys will provide enhanced digital experiences and business operation services, leveraging the company's platforms and artificial intelligence (AI) solutions, it said on Thursday.
Posted by
Able
on
- Get link
- X
- Other Apps
Stock Market Live Updates: Patel Engineering shares opened 5% higher after the firm declared a Rs 249.96 crore contract for the works involving the construction of a pipeline distribution network for the Nira Deoghar Right Bank Main Canal.
Stock Market Live Updates: Patel Engineering shares opened 5% higher after the firm declared a Rs 249.96 crore contract for the works involving the construction of a pipeline distribution network for the Nira Deoghar Right Bank Main Canal.
Posted by
Able
on
- Get link
- X
- Other Apps
Sensex Today | Stock Market Live Updates: Nuvama initiates coverage on APL Apollo Tubes with target price of Rs 2000
Sensex Today | Stock Market Live Updates: Nuvama initiates coverage on APL Apollo Tubes with target price of Rs 2000
Posted by
Able
on
- Get link
- X
- Other Apps
Brokerage Radar | HSBC has recommended a Buy on Titagarh Rail for a price target of Rs 900 which is up from an earlier target of Rs 750. Robust core industries' volume trends underpin very strong demand for railway wagons from the private sector, the brokerage noted while adding that the wagon orders from the private sector come with superior profitability as well as working capital terms.
Brokerage Radar | HSBC has recommended a Buy on Titagarh Rail for a price target of Rs 900 which is up from an earlier target of Rs 750. Robust core industries' volume trends underpin very strong demand for railway wagons from the private sector, the brokerage noted while adding that the wagon orders from the private sector come with superior profitability as well as working capital terms.
Posted by
Able
on
- Get link
- X
- Other Apps
Sensex Today | Stock Market Live Updates: BofA upgrades Bajaj Auto to Buy from Neutral, raises target price to Rs 5550 from Rs 5100; stock jumps 4%
Sensex Today | Stock Market Live Updates: BofA upgrades Bajaj Auto to Buy from Neutral, raises target price to Rs 5550 from Rs 5100; stock jumps 4%
Posted by
Able
on
- Get link
- X
- Other Apps
Stock Market Live Updates: Shares of Strides Pharma opened over 8% higher after the company announced that its stepdown wholly owned subsidiary, Strides Pharma Global Pte has received tentative approval for Dolutegravir 50mg tablets from USFDA.
Stock Market Live Updates: Shares of Strides Pharma opened over 8% higher after the company announced that its stepdown wholly owned subsidiary, Strides Pharma Global Pte has received tentative approval for Dolutegravir 50mg tablets from USFDA.
Posted by
Able
on
- Get link
- X
- Other Apps
Stock Market Live Updates: French oil major TotalEnergies is in talks to invest in renewable energy projects developed by India's Adani Green Energy as part of its clean energy push, Bloomberg News reported on Friday, citing unnamed sources.
Stock Market Live Updates: French oil major TotalEnergies is in talks to invest in renewable energy projects developed by India's Adani Green Energy as part of its clean energy push, Bloomberg News reported on Friday, citing unnamed sources.
Posted by
Able
on
- Get link
- X
- Other Apps
Sensex Today | Stock Market Live Updates: 25% of Restaraunt Brand Asia equity traded in multiple block deals
Sensex Today | Stock Market Live Updates: 25% of Restaraunt Brand Asia equity traded in multiple block deals
Posted by
Able
on
- Get link
- X
- Other Apps
A firm opening for local benchmark indices could be seen on the back of firm global cues. However, a strong US retail sales shows that the US economy remains resilient, which could prompt the Fed to keep borrowing costs elevated for a longer period. At some point, valuation could come into play as they are getting expensive and hence some profit-taking could be likely in the near term. Technically speaking, Nifty’s biggest intraday hurdles are at the 20250 mark.
A firm opening for local benchmark indices could be seen on the back of firm global cues. However, a strong US retail sales shows that the US economy remains resilient, which could prompt the Fed to keep borrowing costs elevated for a longer period. At some point, valuation could come into play as they are getting expensive and hence some profit-taking could be likely in the near term. Technically speaking, Nifty’s biggest intraday hurdles are at the 20250 mark.
Posted by
Able
on
- Get link
- X
- Other Apps
"Banks, Autos & Realty stocks helped Benchmark Indices close in the Green as we approached the festive season. Several stocks were seen buzzing around across sectors in the broader markets in today's trade with interested buying witnessed in Sugar stocks on reports of dip in production from Maharashtra on account of deficient rains. Positive Data Points across key metrics in August kept investors on their toes."
"Banks, Autos & Realty stocks helped Benchmark Indices close in the Green as we approached the festive season. Several stocks were seen buzzing around across sectors in the broader markets in today's trade with interested buying witnessed in Sugar stocks on reports of dip in production from Maharashtra on account of deficient rains. Positive Data Points across key metrics in August kept investors on their toes."
Posted by
Able
on
- Get link
- X
- Other Apps
"The market traded range-bound after touching a new high as higher-than-expected US inflation and anticipation of hawkish ECB policy meetings later today impacted investor sentiment. Concern over valuation and inflation trajectory due to increasing oil prices may navigate the market into a consolidation phase in the near-term."
"The market traded range-bound after touching a new high as higher-than-expected US inflation and anticipation of hawkish ECB policy meetings later today impacted investor sentiment. Concern over valuation and inflation trajectory due to increasing oil prices may navigate the market into a consolidation phase in the near-term."
Posted by
Able
on
- Get link
- X
- Other Apps
Sensex Today | Share Market Live Updates: Saudi-backed oil and gas driller ADES expected to price IPO at top of range
Sensex Today | Share Market Live Updates: Saudi-backed oil and gas driller ADES expected to price IPO at top of range
Posted by
Able
on
- Get link
- X
- Other Apps
Stock Market Live Updates: China stocks end flat; auto shares pare losses after EU anti-subsidy probe
Stock Market Live Updates: China stocks end flat; auto shares pare losses after EU anti-subsidy probe
Posted by
Able
on
- Get link
- X
- Other Apps