STOCKS SEEING SELLING PRESSURE
Bitcoin set for worst week in over a year on Mt. Gox liquidation fears
Media reports said Mt. Gox, the world's leading exchange for cryptocurrencies before it collapsed a decade ago, may start returning bitcoin to creditors, who are seen as likely sellers since the token's worth was only hundreds of dollars in 2014.
Will consumer durables & EMS stocks see another round of re-rating? 7 stocks with an upside potential of up to 24%
There are talks of the budget being focussed on two things, one giving continued push to investment and second to increase the disposable income in the hands of people. The second could be done by cutting taxes or making changes with the tax slab. While many sectors will feel the impact but one of the sectors which may feel maximum impact is the consumer durable sector. Now given the fact that the consumer durable sector has a closed link with the EMS companies, they both have to be looked at together. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
Sensex, Nifty end with minor losses amid selling pressure in banks, auto stocks
The 30-stock S&P BSE Sensex ended the day at 79,441.45, dropping 35 points or 0.04% while the broader Nifty closed at 24,123.85, settling 18.10 points or 0.07% lower. Of the 16 sectoral indices on the NSE, 11 closed in the red while the remaining 5 ended in the green.
Tailwinds are winning, beneficiaries of strong OEM & replacement demand from auto sector: 5 tyre stocks with upside potential of up to 38%
It is a well known fact that if demand is growing at a fast pace, higher input cost can be easily passed on to the consumer. That is probably what the tyre industry is going through currently. Recently there was an increase in natural rubber prices and fears were expressed that margins might come under pressure. But two things happened just recently, the natural rubber prices corrected and the whole of the tyre stocks witnessed a sharp rally. While the risk of headwind in terms of higher input cost stays, will the OEM and replacement demand act as tailwinds and continue to power the stocks.
Are FIIs getting into a big buy mode in India? Dipan Mehta answers
On days of positive FII flows largecap stocks will do exceptionally well because those are the ones that they really are targeting and if FII buying, even FII selling, stops in some of the largecap index stocks, local money will ensure that the stock prices move up, says Dipan Mehta
PrimeInvestor issues exit call on Quant MF schemes
PrimeInvestor said the risk of such front running news is two-fold. One, there will be redemption pressure on the AMCs' funds; and secondly, the stocks (if disclosed or rumoured) on which such front-running was allegedly done may come under selling pressure, it said.
- Go To Page 1
Nvidia sheds $220 billion after short run as top stock
It was a swift reversal from earlier in the week, when Nvidia rallied to overtake its megacap peers and claim the pole position. Traders said there weren’t any fundamental reasons behind the two-day selloff at the end of the week, but it does underscore the breakneck pace at which the stock had climbed — almost 200% in the past year alone — and how that ascent now makes it vulnerable to sudden retreats like this one.
Go Digit stock likely to face pressure amid elevated combined ratio
After gaining over 24% within three weeks since listing on bourses on May 23, the stock of Go Digit General Insurance has remained range bound following weak performance in the March quarter, which was declared on June 11.
Wall Street Week Ahead: Retail stocks search for direction as rates stay high
Elevated U.S. interest rates are impacting the U.S. retail sector, with some stocks soaring while others struggle. The S&P 500 Consumer Discretionary index is up 14%, driven by select stocks, like , which is up 21%. However, lower-income focused companies, like Dollar Tree and Dollar General, have faced declines.
UPI boosts RuPay market share; cost pressure for gaming firms
Happy Thursday! The integration of UPI with RuPay credit cards has pushed up new issuances but transaction growth hasn’t kept up. This and more in today's ETtech Morning Dispatch.
After a 5% rally in 2 days, ITC earns a downgrade. Here's why
Emkay Global downgraded ITC to 'add' at Rs 460 citing near-term pressures like margin stress. Analysts' recommendations from Trendlyne data show 31 buy, 2 hold, and 1 sell. ITC shares yielded negative returns recently.
There is a rebound in FMCG today, IT stocks could be next, don't write them off: 10 IT stocks with upside potential of up to 43%
It is not only that nifty it has been changing color in every second day, In the last two days FMCG stocks have seen a strong price action and a couple of up-grades have also come. There is literally a 360 degree change in the narrative about the sector and its fortune that was being heard . What happens in reality will be known later but this just highlights two things. First a business which has survived for long, there are phases where they are ignored by the street and then make sudden come back, just due to reason that they have size. Second, never write off a good balance sheet. Now the same thing applies to the IT sector, they have been ignored by the street for a good reason, lower growth and business challenges which AI is bringing to table. But the fact is that they also have strong balance sheets and the fact that they cater to demand where the market size is big and is global in nature and have a track record of adapting well to changes.
2 top stock recommendations from Aditya Arora
Although the kind of standard deviation move which it had in last two days is on the extreme side compared to last let us say 400 average days of the move, so in the short term it has run up quite a lot but if we look at the medium term, then yes still a lot of steam left over there fresh bull market starting over there so that is pretty much sorted and market will take time to decide which new sectors will do well, which sectors will not do well depending on what kind of policy which comes ahead, etc.
231 smallcaps suffer double-digit losses as investors 'sell in May'. Will they come back in June?
231 smallcaps suffer double-digit losses as investors 'sell in May'. Will they come back in June? The stock market cliche of 'sell in May and go away' proved true this year amid general election uncertainties. Concerns over BJP's election performance and significant volatility affected investor sentiments. Benchmark indices like Sensex and Nifty experienced slight declines.
Dow slides 1% as bond market pressure eases after cooler economic data
The S&P 500 traded 0.2% lower and the Nasdaq composite dropped 0.3%. Yields fell on Thursday after a couple of reports showed the U.S. economy isn’t quite as strong as expected. The hope on Wall Street is that the economy can cool down, but not too much so that the Federal Reserve can hit a precise landing where it gets high inflation under control without causing a bad recession.
GMR Infra, Gujarat Gas among 5 stocks with top long unwinding
Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Thursday's trading session, five stocks witnessed a top long unwinding. Here's the list:
Market Mayhem: Sensex nosedives 617 points on F&O expiry day. Here are 5 factors behind today's crash
Bears were on a rampage on Thursday as selling pressure was witnessed in most sectors. Sensex hit the day's low of 73,668.73 and Nifty briefly slipped below 22,500. Indices plummeted for the fourth straight day, sending Dalal Street into a tailspin. Here are top five factors behind the blood bath. Investors lost 4.49 lakh crore.
Bond yields climb, stocks under pressure as Fed cut doubts resurface
U.S. Treasury yields rose, impacting global markets. Crude oil climbed ahead of the OPEC+ meeting. Improved U.S. consumer confidence added uncertainty to Fed rate cut expectations.
Nasdaq jumps nearly 1% on Nvidia results cheer, inflation woes drag broader market
The S&P 500 and Nasdaq initially reached record highs, but positive sentiment waned after data revealed a rise in U.S. inflation in May. This concerning news was somewhat offset by reports of increased business activity and decreased unemployment claims, highlighting a complex economic landscape.
Banking sector is the place to be, don’t be put off by FII selling: Andrew Holland
Andrew Holland, CEO of Avendus Capital Public Markets Alternate Strategies LLP, discusses the impact of FII selling on bank stocks and the upcoming market trends post-elections. Coming to pharma, Holland says the bottom was hit some months back for the whole sector and the prospects are starting to look better not just locally but overseas as well.
US stocks fall after Fed minutes; Nvidia shares climb after the bell
Investors had focused on whether Nvidia's first-quarter results could meet sky-high expectations and whether the outsized rally in artificial intelligence-related stocks could be sustained.
Is it a good time to bottom fish in IT and banking stocks? Surjitt Singh explains
Surjitt Singh of PGIM India PMS discusses playing BFSI through differentiated themes, underweight banking and IT sectors. Market influenced by earnings season, government stability, and sectoral views. Positive on auto, healthcare, building materials. Concerns about real estate valuations. Metal pack showing signs of recovery. Overweight on hospitals and CDMO manufacturers in healthcare sector.
Nifty Bank holds above 50-DMA; fresh longs possible on a breach above 48,000: Experts
The Nifty Bank fell 172 points on Tuesday and formed a bearish engulfing pattern on the daily chart. Top gainers included ICICI Bank, Axis Bank, Bandhan Bank, and Bank of Baroda. HDFC Bank saw strong selling pressure
Zomato among Rajesh Palviya’s 3 stock recommendations for coming week
We have a bullish view on the metal space and most of the metal stocks like Hindustan Zinc, Hindustan Copper, and Vedanta did well on Friday. So, Vedanta is our preferred choice at this moment.
Nifty Bank breaks below 50-DMA; next big support is placed at 47,000: Experts
The Nifty Bank closed below the 50-DMA placed at 47,606, suggesting that there could be some selling pressure in the coming week. The Nifty Bank opened slightly higher and built on gains to reclaim 47,800 levels, but faced selling pressure in the second half of the trade.
Nifty Bank falls over 1%, closes below 50-DMA; important levels to track on Friday: Experts
The index closed lower in six out of the last seven trading sessions. The selling pressure pushed the index below the 50-DMA mark which was placed around 47,600 levels.
Sensex, Nifty off to tepid start as volatility keeps investors on sidelines
Indian shares remain flat with high volatility. Foreign selling and election uncertainty persist, impacting market sentiment. L&T, Tech Mahindra, TCS, NTPC, ITC, JSW Steel in red; M&M, Maruti, Tata Motors gain.
Titan shares tank 7% post Q4 results. Should you buy, sell, or hold?
Titan Share Price: Titan's shares plummeted by nearly 7% as it reported a 7% YoY increase in standalone net profit at Rs 786 crore. Despite a 17% YoY growth in net sales to Rs 10,047 crore and a dividend recommendation of Rs 11 per share for FY24, EBIT margins dipped.
Are we in for another round of selling in midcaps & smallcaps? Andrew Holland answers
Andrew Holland discusses small and midcaps' growth dynamics, emphasizing price consideration for potential high returns in three to four years. Market sentiment shifts from bubble fears to a bullish outlook, focusing on stable fundamentals and growth opportunities despite overheated valuations. Holland says: "As long as you know your companies and the themes that you are playing, there are good opportunities."
Load More
