Markets extended their winning streak on Friday, gaining nearly half a percent, in line with favorable global and domestic cues. In today’s trade, shares of GMR Airports, RailTel, Adani Power, Dr Reddy’s, Bajaj Housing Finance among others will be in focus due to various news developments. BritanniaWith competition from regional players intensifying, Britannia Industries is […]
Market Outlook: Fed meet, FII action among 8 factors to impact Sensex, Nifty this week
Indian benchmark indices ended with weekly gains of 1.5% led by auto stocks and well supported by banks and pharma stocks. A host of important domestic and global events lined-up during the week are likely to impact stock markets when they resume trading on Monday. On Friday, Nifty closed 108.50 points or 0.43% higher to […]
OFFS shares witness a roller coaster week. Rs 10,000 target emerges as volatility eases
Oracle Financial Services Software (OFSS) shares have been on a roller-coaster ride recently, with the stock swinging sharply in response to sentiment spillover from parent Oracle Corp’s record-breaking rally on Wall Street earlier this week. After an initial spike that saw the stock test multi-month highs, profit-taking pulled it back, but renewed buying interest has […]
Nifty’s stealth 8-day rally: Are bulls loading up for an explosive breakout Monday onwards?
In a rare display of quiet persistence, the Nifty has logged eight consecutive winning sessions — a feat that has gone largely unnoticed in portfolios. The understated 500-point climb of just 2.17% may be masking preparations for an explosive rally, as technical indicators flash increasingly bullish signals. “Nifty is on the verge of breaking out […]
Market outlook & stock picks: Anand James’ guide for the week
Anand James of Geojit Investments sees Nifty’s uptrend intact but capped amid low volatility, with IT facing key resistance levels. Expiry shifts continue to influence volumes, while Sebi’s weekly expiry debate looms. For the week, he recommends Datamatics and Graphite as promising opportunities with bullish setups. Edited excerpts from a chat: Nifty has now recorded […]
LIC-backed Paisalo Digital in focus as promoter raises 0.5% stake in smallcap
Shares of LIC-backed smallcap Paisalo Digital are likely to be in focus today after its promoter company, Equilibrated Venture Cflow (P) Ltd, increased its stake by 0.5%, acquiring 45 lakh shares. Equilibrated’s holding now stands at 18.17%. Paisalo Digital is a non-banking financial company (NBFC) engaged in the credit business. LIC holds a 1.12% stake […]
Market trading guide: Buy RailTel, Bajaj Finance, and 3 more stocks on Monday; gains seen up to 9% – Trend tracker
Indian benchmark indices maintained their winning streak on Friday with Nifty closing the session positive for the eighth successive time. The index managed to stay in the green as PUT writers provided support around the 25,000 mark. Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities, said that Nifty appears to […]
Mcap of eight of top-10 most valued firms jumps by Rs 1.69 lakh cr; Bajaj Finance biggest gainer
The combined market valuation of eight of the top-10 most valued firms jumped by Rs 1,69,506.83 crore last week in tandem with an optimistic trend at the Dalal Street, where Bajaj Finance emerged as the biggest gainer. Last week, the BSE benchmark jumped 1,193.94 points or 1.47 per cent. From the top-10 pack, Reliance Industries, […]
Rs 32,000 crore festive IPO boom? LG Electronics, Tata Capital to test investor appetite this Diwali
India’s capital markets are set for a blockbuster October, with Tata Capital and LG Electronics lining up initial public offerings worth a combined Rs 32,000 crore, testing whether investors still have an appetite for mega issues after a record year of fundraising as the country heads into the Diwali season. Tata Capital, the financial services […]
9 penny stocks jumped up to 50% in two weeks. Did you catch the rally? – Penny Momentum
Over the past 2 weeks, eight penny stocks have delivered strong gains, rising between 25% and 52%. These top performers were identified through a targeted screening that focused on companies with a market capitalization below Rs 1,000 crore, a share price under Rs 20, and a recent trading volume of at least 5 lakh shares. […]