PRE ELECTION RALLY
Expect the market to rally more toward Budget date: Andrew Holland
Andrew Holland, CEO of Avendus Capital Public Markets Alternate Strategies, anticipates a pre-Budget rally in IT, banking, FMCG, and power sectors, aided by post-election gains, rural spending, and renewables. Key areas include consumer stocks, affordable housing finance, and power financers like PFC and REC. Power cables and the beverage sector also appear promising with increasing power orders.
France elections: France's exceptionally high-stakes election has begun, far-right leads pre-election polls
France elections: Voters in mainland France start casting ballots in a critical legislative election that may lead to far-right control, impacting Europe's financial markets, support for Ukraine, and the management of France's nuclear arsenal and global military forces. The two-round election began in overseas territories and on the mainland at 8 a.m. Sunday, with initial projections due at 8 p.m. and official results later that night.
GIFT Nifty up 10 points; here's the trading setup for today's session
Sector like Auto is expected to be in the limelight as OEMs would release their monthly auto Sales number," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
Thousands march against French Far Right in pre-election protest
Following the far-right National Rally's surge in last Sunday's European elections, police said 350,000 people were expected to march and 21,000 officers had been mobilised after labour unions, student groups and rights groups called for rallies to oppose the anti-immigration, eurosceptic party.
ET Online election results poll: Markets bleed as counting trends show no sign of Modi magic
With investors likely taking a risk-averse stance following result-related uncertainty, Sensex opened over 1,600 points lower today, dragged by heavyweights, leaving investors licking their wounds after losing Rs 9 lakh crore in just 15 minutes. And things got positively worse as the day progressed.
Rs 1.4 lakh crore gain! Adani stocks zoom up to 16% as exit polls predict Modi's return
Adani Group stocks soared up to 16% as exit polls predicted a victory for Prime Minister Narendra Modi. The conglomerate's combined market cap rose by nearly Rs 1.4 lakh crore, reaching Rs 19.24 lakh crore. Adani Power surged 16%, while other group entities also saw significant gains, nearing pre-Hindenburg levels.
Should you invest in multi asset funds pre-election for post-election gains?
Invest in multi-asset funds for a balanced investment portfolio with proper asset allocation. Consider the risks and limits of equity markets pre-election for post-election gains.
If BJP loses power Nifty valuations can crash to pre-NDA levels, warns UBS
In case the ruling BJP fails to retain its single majority but forms a govt with the NDA with a majority (> 272 seats), then the market can be slightly less confident about policy stability as fiscal consolidation could be slower than envisaged. Historically, any underperformance triggered by poll results tends to reverse in the medium to long term, as Street and businesses adapt to new government policies.
Risk-reward out of favour but a collapse less likely in pre-election week: Anand James
Anand James shares insights on specific stocks like HAL, Coal India, BEL, and the impact of oil refining companies on PSU stocks. James says volatility has been persistent and VIX has been holding steady in the vicinity of or above 20 for nine days. Downside marker may be placed at 22983, for an aggressive positioning, with further support seen at 22800.
GIFT Nifty down 40 points; here's the trading setup for today's session
The rupee appreciated 13 paise to close at 83.37 against the US dollar on Friday, tracking positive sentiment in domestic equity markets and fresh foreign fund inflows.
Market setting up for an election rally: Rohit Srivastava
Srivastava notes market stability as potential start of election rally with low VIX indicating low market expectations. Anticipates positive market movement post-election outcome, highlighting potential opportunities in private banks like Kotak Bank amid market consolidation.
GIFT Nifty up 5 points; here's the trading setup for today's session
"Although Nifty opens positive, it is witnessing resistance at higher levels, indicating cautiousness among the investors with the progress of both the result season and the Lok Sabha election. We expect this volatile move to continue till the Exit poll. Hence market to remain in a broader range until clarity emerges," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
Big market correction unlikely; we could be at start of pre-election rally: Devang Mehta
Devang Mehta, Director-Equity Advisory, Spark Private Wealth, predicts no immediate market correction. Emphasizes sector selection, favorable monsoon forecast. Suggests opportunities in capex, luxury consumption sectors for investors seeking returns.
Small & midcap stocks may be headed towards a pre-election rally: Abhishek Basumallick
Abhishek Basumallick shares insights on market trends. He favours small and midcap stocks despite expensive valuations. He also predicts a pre-election rally. He remains optimistic about PSUs, railways, energy transition, and real estate growth. Basumallick says he is bullish on insurance and chemicals sectors which could very well turn out to be dark horses for the Indian market.
Are the bulls here to stay? Devang Mehta says gear up for pre-election rally
Devang Mehta of Spark Private Wealth discusses market corrections, bullish sentiment, and the potential for a pre-election rally. He emphasizes the positive FII flows, appetite for equities, and the outlook for IT and pharma companies. Mehta further says that the corrective phase where people were scared that this is the end of the rally and probably there will be a lot more bear market type behaviour in mid and smallcaps – is not the case now.
Traditional pre-election rally eludes Indian stocks
Analysts say this time is different, pointing to a stellar rally in the past year, rich valuations and uncertainties around political issues such as corruption and electoral funding as factors giving investors reason to pause.
March mostly a washout, looking for a pre-election rally in April beginning: Deven Choksey
Deven Choksey foresees a strong bull cycle in metals, driven by renewable investments and green hydrogen use reducing production costs. He predicts sustainable demand for ferrous and non-ferrous metals, with favorable energy cost control, making metals an attractive investment option. Choksey further says: "Currently, among the frontline stocks also, some of the stocks are showing negative performance and that is where I feel more comfortable buying into."
Market has to consolidate till April to have a pre-election rally in May: Sandip Sabharwal
Sandip Sabharwal discusses ongoing market corrections, potential pre-election rally, and government policies' impact on various sectors. He emphasizes the need for caution in investment decisions amidst market uncertainties and highlights the resilience of certain stock categories. He says the real pain of the market correction has been felt in the smallcaps and to some extent on midcaps. But valuations in that segment are still somewhat higher. I do not think the entire correction should be over as of now.
A pre-election rally or correction: What’s Dalal Street bracing for this time?
This time around, the election has gained prominence in light of India’s rising importance in geopolitics, its leading position in emerging markets, and the government’s aspiration to make India the world’s third largest economy from the current fifth position.
Load More
