DALAL
Ahead of Market: 10 things that will decide D-Street action on Monday
Having moved up sharply Nifty is currently facing hurdles at the resistance of 24,000-24,100 levels. Any dip from here is likely to be a buying opportunity. Immediate support is at 23,800 levels, said Nagaraj Shetti of HDFC Securities.
Ahead of Market: 10 things that will decide D-Street action on Friday
The underlying trend of Nifty continues to be positive. A sustainable move above 24000-24100 levels could pull Nifty towards another Fibonacci extension resistance of around 24380-24400 levels in the near term.
Ahead of Market: 10 things that will decide D-Street action on Thursday
According to experts, financial and consumption stocks are currently gaining momentum due to enhanced balance sheets, robust GDP growth projections, and easing inflation. He noted that global market trends are reflecting similar patterns, with a general agreement on the likelihood of upcoming rate cuts.
Ahead of Market: 10 things that will decide D-Street action on Wednesday
The Nifty index has broken through the 23,600 resistance level after consolidating for two weeks, setting a new record high. Analysts remain optimistic, with the next target set at 24,000.
Promoters on a selling spree amid red hot D-Street valuations
As the question of stretched valuations continues to swirl through Dalal Street, promoters seem to be firmly on course toward breaking the hitherto all-time calendar-year stock dilution record - set in the 2020 Covid era. So far in 2024, both domestic and overseas promoters have sold shares worth nearly ₹65,000 crore - not far from the 2020 high watermark of ₹78,500 crore.
Ahead of Market: 10 things that will decide D-Street action on Tuesday
Rupak De, Senior Technical Analyst at LKP Securities, noted that the Nifty had slipped lower in early trades, but bulls were able to defend around the 55 EMA on the hourly chart. He indicated that the trend would remain positive for the short term as long as it remained above 23,300, where a buy-on-dips strategy might favor traders.
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Ahead of Market: 10 things that will decide stock action on Monday
Indian benchmark equity indices ended lower on Friday, once again succumbing to profit booking after hitting all-time highs, although they locked in a third straight week of gains powered by a rally in financials and the return of foreign investors.
Expectation is that reforms will continue, but it may not be as simple as that: Ketan Dalal
"Let’s take a look at some key areas where reforms are needed, but could be impacted; a crucial area of reforms is that of land reforms, given the need to promote India as a manufacturing hub and to leverage the China + 1 opportunity."
FII action, GST Council outcome among 10 factors to weigh on D-Street this week
Nifty ended with 0.4% gains in a week-long holiday shortened by Bakri Eid. When markets resume trading on Monday, a host of important domestic and global events lined up during the holiday-truncated week are likely to impact them.
Dalal Street Week Ahead: Guard profits at higher levels, rotate investments in fatigued market
D-Street showed marginal gains in a shortened trading week. However, signs of fatigue and potential correction are emerging. Key resistance levels are identified, and experts recommend caution and profit booking at higher levels.
How mutual fund flows are making Dalal Street Aatmanirbhar
FIIs impact Indian capital markets, with mutual funds gaining prominence. SEBI's actions on P-Notes and rise of SIPs stabilize market. Prof Ghalke and Aditya Bharambe contribute to market insights.
Ahead of Market: 10 things that will decide D-Street action on Friday
Tejas Shah of JM Financial & BlinkX indicated that support for the Nifty was expected at 23,500 and the 23,300-350 range. On the upside, the immediate resistance zone was projected to be between 23,600-625 levels, with the next resistance zone anticipated at 23,750-800 levels.
Record block deals! Dalal Street scores Rs 23,000 crore screamer, from a Voda assist
Indian stock markets hit a milestone with record block deals worth ₹23,000 crore, driven by Vodafone Group's stake sale in Indus Towers.
Critics will agree that Indian stock market is not very expensive: Nilesh Shah
While India’s market capitalization to GDP ratio is at an all-time high level, valuations are not at an all-time high, Dalal Street’s veteran stock picker Nilesh Shah said at AIF & PMS Conclave 2.0 on Wednesday.
Ahead of Market: 10 things that will decide D-Street action on Wednesday
Domestic headline indices Nifty 50 and Sensex finished at record closing highs yet again boosted by strong domestic inflows as well as a climb in global equities. For the last few days, Nifty has been moving sideways on an intraday basis, but eventually it has moved up above 23,500. MACD showed bullish trade on the counters of ABB India, Hindustan Aeronautics, Cochin Shipyards, BEML, Godfrey Phillips India, and Cummins India.
Ixigo opens at 48% premium over issue price, hits upper circuit: Key things to know
Ixigo stock hit upper circuit on the day of its debut at 11.41 am. The IPO of Le Travenues Technologies, which operates the travel platform Ixigo, closed on June 12 and was oversubscribed 98 times on its last day. The share debuted at Rs 138.1 against an issue price of Rs 93 on NSE, up Rs 45.1 or 48.5% and Rs 135 on BSE, a premium of 45.16%.
Building up a stake in HDFC Bank could bring a windfall
Investors looking for safer bets on Dalal Street could consider HDFC Bank but they would be better off putting money in the stock in installments over the next few months. HDFC Bank has been among the top picks of mutual funds, but the absence of big foreign purchases has kept a lid on the stock price.
D-Street at record high! Sensex climbs 200 pts, Nifty above 23,500 on gains in IT stocks
The BSE Sensex was trading 208 points, or 0.26%, higher at 77,196. The Nifty50 was up 69 points, or 0.30%, trading at 23,534 around 9:21 am.
Father’s Day : Varun Dhawan shares first glimpse of his daughter, says he is happy to be a ‘girl dad’
Dhawan and his wife Natasha Dalal celebrated the arrival of their first child, a baby girl, on June 3. The ‘Badlapur’ star revealed the news by posting an adorable video on Instagram. Natasha and Varun, who tied the knot in a private ceremony in 2021, had announced their pregnancy in February with a lovely photo of Varun kissing Natasha's baby bump.
Ahead of Market: 10 things that will decide D-Street action on Friday
Nifty range-bound flat closing for the last four days indicates a pause before a sharp move. The direction of this move is not yet known, at least not before any directional breakout. Solar Industries, Titagarh Rail Systems, Carborundum Universal, Paras Defence and Space Technologies showed bullish bias.
F&O Talk | Markets may expect buying on dips with cool-off in India VIX: Sudeep Shah of SBI Securities
Bulls returned to Dalal Street with full force on Friday, as the Sensex closed over 1,600 points higher, reaching a new all-time high, while the Nifty 50 advanced over 468 points. Both indices successfully erased all losses from June 4.
SIP, STP or lumpsum? How to invest as Dalal Street recovers from election shocker
Post-election market recovery raises concerns for mutual fund investors on choosing between lumpsum or SIP/STP investments for better returns. Bankbazaar.com CEO Adhil Shetty advises considering market conditions, risk appetite and financial goals for investment decisions in mutual funds.
Varun Dhawan is now a proud dad! ‘Judwaa 2’ star welcomes first child with wife Natasha Dalal
In February of this year, the couple announced their pregnancy. The 'Main Tera Hero' star tenderly captured the moment on Instagram, sharing a monochrome photo of himself embracing his wife's baby bump, captioned with, "We are thrilled to share this news. Your blessings and love are cherished deeply." Dhawan tied the knot with Dalal, his longtime girlfriend, on January 24, 2021. Their wedding ceremony was understated and intimate, witnessed by their close circle of family and friends.
Surat election results 2024: Mukesh Dalal wins Lok Sabha elections unopposed. BJP and NDA open account
Surat election results 2024: In a unique electoral development on 22 April, BJP candidate Mukesh Dalal was declared the uncontested winner of Surat's Lok Sabha seat after Congress nominee Nilesh Kumbhani's nomination was rejected due to signature discrepancies. This led to the withdrawal of all other candidates, maintaining BJP's stronghold in the constituency.
7 key mantras for young traders of Dalal Street to master the art of options trading
Trading can be a highly rewarding profession, but it is imperative to acknowledge that it is not a get-rich-quick scheme. Here are a few things that youngsters should keep in mind:
How embracing volatility is the path to wealth creation on Dalal Street
From 1980 to 2023, the Sensex experienced corrections of less than 10% in a year only four times, underscoring the rarity of such events. Intra-year declines of 10-20% are common, with notable corrections of 60% in 2008 and 38% in 2020. Despite these fluctuations, the index yielded positive annual returns three out of four times.
Fear is back on Dalal Street... Is it time to buy?
According to analysts, the market is under pressure due to uncertainty over the election outcome and selloff by foreign investors. The India VIX (volatility index) closed higher for the 11th consecutive session on Thursday. The so-called fear gauge has jumped nearly 80% from a low in April. This period of heightened volatility - marked by ups and downs in share prices - presents buying opportunities for long-term investors, market players said.
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