Technical analysts continue to maintain a cautious outlook on Nifty for the truncated trading week ahead. According to analysts, profit-taking may resume until the index decisively reclaims 22,200. Some of the stocks recommended by analysts for short-term trades include Apollo Hospitals, Eicher Motors, Hero Motocorp, Maruti, Bajaj Auto, Sun Pharma, Tata Motors, ABB, Cummins India, … Read more
The Indian market is likely to consolidate on Tuesday tracking muted global cues. The Nifty future closed flat at 22134 levels on Monday. India VIX was up by 1.50% from 13.69 to 13.90 levels. Volatility has been hovering within a band and creating swings in the market. Positive market setup was seen in stocks like … Read more
The Indian market was off to a muted start on Wednesday, expected to consolidate going further tracking mixed global cues. The Nifty future closed positive with gains of 0.25% at 22196 levels on Tuesday. India VIX was up by 0.82% from 15.60 to 15.72 levels. Volatility has been rising from the last two sessions. Positive … Read more
Mumbai: For diehard value stock pickers, companies with rich share valuations are a strict no entry zone. With the record-breaking equities rally catapulting valuations of several shares to lofty levels, many of such investors would have found themselves being spectators as a chunk of the stock outperformers in recent months have been the pricier one. … Read more
Indian market is likely to trade higher on Friday tracking positive global cues and strong Q2 GDP data. The Nifty future closed positive with gains of 0.01% at 20134 levels on Thursday. India VIX was down by 0.16% from 12.70 to 12.69 levels. Volatility slightly inched higher and then fell which created momentum for the … Read more