Stocks

Book profits @ 9700 on Nifty; 5 stocks which can return up to 14% in short term

The Nifty closed above its crucial psychological level of 9,650 on Friday but Call writing at strike prices 9,700 and 9,800 is likely to act as stiff resistance levels for the index. Traders are advised to book profits as the index approaches 9,700 this week. The Nifty consolidated in a narrow range throughout this past week as the index closed ... Read More »

Asia Stocks Firm As Upbeat US, European Data Boosts Confidence

Japan’s Nikkei gained 1 percent to top the psychologically important 20,000-point level. Tokyo: Asian stocks edged up on Friday and the dollar bounced from recent lows as upbeat data on U.S. manufacturing and employment and buoyant European factory growth boosted investor optimism. MSCI’s broadest index of Asia-Pacific shares outside Japan ticked up 0.1 percent, while Japan’s Nikkei gained 1 percent ... Read More »

Nifty likely to find support at 9570; 5 stocks which can give up to 5% this week

The market continued its upside momentum in Monday’s trading session to touch another milestone of an all-time high of 9,637.75. The benchmark Sensex also recorded fresh all-time high of 31,214. Although, the market gained upside momentum but failed to hold on its gains on the upper edge and witnessed some selling pressure twice when the market reached on top leaving ... Read More »

Nasdaq, S&P eke out record close as stocks finish week with strong gains

Stocks closed mixed on Friday ahead of the Memorial Day holiday weekend and digested key economic data. “I think the market is just taking a breather to figure things out,” said Aaron Jett, vice president of global equity research at Bel Air Investment Advisors. But “I don’t think the market is going to make a significant move lower because the ... Read More »

World stocks end low; Wall Street ekes out 7-day winning streak

Wall Street saw another strong day for consumer stocks, offset by weakness in healthcare and real estate shares. File Photo Analysts say there was caution in the markets ahead of a meeting of leaders from the world’s richest economies. NEW YORK, MAY 26:   Oil prices recovered on Friday from some of the previous day’s steep slide after investor disappointment that ... Read More »

GST is here. Is it time to look at logistics stocks?

As the nation prepares for implementation of the goods and services tax (GST) laws, the performance at the bourses of transport and logistics companies – once considered as one of the key beneficiaries under the one nation, one tax regime – has been a mixed bag thus far in calendar year 2017 (CY17).   Five of the 10 stocks in ... Read More »

Bank of America Reports Earnings Drop in Q1, Stock Dips

Bank of America has announced its first-quarter results and the outcome is not very positive. The multinational banking corporation has reported a 13 percent decline in first-quarter profit. On a positive note though loan growth and expense cuts have prompted investors to be hopeful about the future. “It wasn’t a great quarter, but it was a normal quarter,” Nancy Bush, ... Read More »

Need to Move Summer Stock? Follow Amazon Prime Day Model

Today, Amazon celebrates Prime Day for members of its Prime program. The special service offers customers free two-day shipping and other benefits. And on this special day — some are calling a Christmas in July and Black Friday in July — members get even better deals. It’s turning into a big shopping day online, to be sure. Small business owners can learn ... Read More »

4 Stocks In Buy Range Ahead Of Earnings Reports: Investing Action Plan

Here’s your Investing Action Plan for Tuesday: what you need to know as an investor for the coming day. Fan favorites like Apple (AAPL) and Facebook (FB) give current stockholders reason to cheer but are well above buying range. Even Apple bull Warren Buffett wouldn’t buy its shares again now and is skittish about Amazon.com (AMZN), despite admitting that he ... Read More »

ICICI, Axis, SBI Gain, RBI To Get Power To Act Against Loan Defaulters

Shares of public and private sector lenders were witnessing good buying interest in trade today a day after the Union Cabinet empowered the Reserve Bank of India (RBI) to act against wilful defaulters. The Union Cabinet cleared an ordinance empowering the Reserve Bank of India (RBI) to act against wilful defaulters. The ordinance has been sent to the president for ... Read More »