Stocks

Cisco, Intuit and 31 other stocks are leading the market out of correction

Traders react after the closing bell on the floor of the New York Stock Exchange (NYSE). More than 60 percent of the companies in the S&P 500 broke to new highs during January’s new year rally, and a diverse group are among the first to make a comeback after February’s correction. In the S&P 500, 23 stocks bounced back to their 52-week ... Read More »

Stock markets post best one-month pre-Budget gain in 13 years

Indian stock markets have posted their best one-month pre-budget gain in 13 years. Benchmark indices have gained 5.6% in the month to Thursday’s Union Budget, riding the coat tails of a worldwide equities rally. Abundant liquidity and expectations that the budget will boost the rural economy and revive private investment, without compromising on fiscal prudence, have aided the run-up. The ... Read More »

Buy, Sell, Hold: 6 stocks are in focus on January 23, 2018

Brokerage: Credit Suisse | Rating: Underperform | Target: Raised to Rs 1,100 The global research firm said that volume growth was much lower than historical trends. It has lowered earnings by 3-4 percent and said that the firm must take a price hike to stem margin decline. Brokerage: Citi | Rating: Sell | Target: Rs 1,080 global financial services firm ... Read More »

Take guard! MACD charts show these 42 stocks are set to tumble

Stocks that saw bearish crossovers in Monday’s session were Gammon Infra, Karnataka Bank and Aban Offshore among others. NEW DELHI: NSE’s Nifty50 index settled just 34 points shy of the magical 11,000 mark on Monday, as the broader market continued to march on. But momentum indicator Moving Average Convergence Divergence, or MACD, signalled bearish crossovers on 42 counters on NSE. ... Read More »

Sensex, Nifty hit fresh highs; bank stocks drive rally

Markets continued their record- setting spree for the second straight day with BSE benchmark Sensex rising over 178 points to hit new closing high of 35,260.29 and Nifty ending above 10,800 for the first time, driven by a rally in banking counters. Upbeat sentiment got boost on reports that the government is considering raising the foreign investment ceiling in private ... Read More »

White House says the stock market is cheap right now

Brendan Smialowski | AFP | Getty Images Secretary of the Treasury Steven Mnuchin (L), National Economic Council Director Gary Cohn (C) and US Secretary of Commerce Wilbur Ross wait for President Donald Trump to speak about newly passed tax reform legislation during an event at the White House December 20, 2017 in Washington, DC. In an usual move for the ... Read More »

Use rallies to go short on Nifty; 5 stocks which can give up to 15% return

Rohit Singre Bonanza Portfolio The Nifty index closed the day on a flat note on Wednesday after a volatile session. Consecutively, the index showed a volatile session for the third day in a row and closed at 10,443.20. Technically, the index has formed strong resistance near 10,550 zone and we have seen a strong profit booking from the said levels. ... Read More »

Market Now: Check out the stocks that cracked over 5%

NEW DELHI: Shares of Shekhawati Poly-Yarn (down 7.14 per cent), Sterling Biotech (down 6.93 per cent), Diamond Power (down 5.20 per cent) and CKP Products (down 5.09 per cent) cracked over 5 per cent in morning trade on Thursday, even as broader markets remained in the positive zone. On the other hand, Bombay Rayon Fashions (down 4.99 per cent), Lasa ... Read More »

Top stocks in focus on 04 January 2018

NEW DELHI: Domestic equity markets are likely to see a flat to positive start on Thursday, tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and global cues. At 8.12 am, Nifty futures trading on SGX were trading 19.50 points, or 0.19 per cent, higher at 10,498.50, indicating a positive start for the Nifty50. Here is a list of top stocks ... Read More »

Sensex slips after hitting record highs but over 50 stocks hit a lifetime high on BSE

The S&P BSE Sensex, which started with a small gap on the upside, was enough to take out its previous landmark high of 33,865.95 on 7th November to hit a fresh record high of 33,956.31 on Wednesday. The bulls failed to keep the momentum going beyond the opening tick and the index quickly pared gains and slipped in red in ... Read More »