Tag Archives: likely

Market Headstart: Nifty likely to open lower; 3 stocks which could give 8-13% return

The Nifty50 is likely to open lower on Tuesday ahead of Monetary Policy Committee (MPC) outcome on Thursday. Asian markets were trading mixed as deeper concerns about growth have capped broader improvements in risk sentiment. Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 48 points or 0.40 percent. Nifty futures were ... Read More »

Upside for Nifty likely to remain capped at 12,100; 5 stocks ripe for cherry picking

The upside seems limited, whereas the downside is more apparent, with the broader range for the Nifty might be at 11,700 on the downside while being at 12,100 on the upside, Jayant Manglik, President, Retail Distribution, Religare Broking, said in an interview with Moneycontrol’s Kshitij Anand. Q: The Nifty50 closed the month of May on a strong note above 11,900 ... Read More »

Modi’s new government formation, GDP data likely to drive market this week

Mumbai: The formation of the new government at the Centre along with GDP data and derivatives expiry will dictate the trends of the Indian equity market in the coming week. The BJP-led National Democratic Alliance (NDA), which comprehensively won the just concluded Lok Sabha elections, will soon form the new government and appoint key Union Ministers. “Now the focus of the market should be on economic growthcycle besides ... Read More »

Dalal Street week ahead: Market likely to remain choppy; protect profit on every rise

The week gone by remained as flat as it could get. In our previous weekly note, we had projected the market to remain volatile with the 11,760 level providing stiff resistance to any rally. On those projected lines, the market remained volatile, headed nowhere and continued to face resistance at the 11,760 level before finally ended the week flat with ... Read More »

‘Populist measures likely, rural theme stocks to benefit from the Budget’

Consumption and rural plays should see an increase in allocation from the budget perspective. HUL is seeing good rural traction and other plays associated with a rural theme like Dabur, ITC or Escorts are likely to see increased allocation, Naveen Kulkarni, Head of Research, Reliance Securities, said in an interview with Moneycontrol’s Kshitij Anand. Q. What are your expectations from ... Read More »

Nifty likely to head towards 10,600; 3 stocks which could give up to 22% return in 6 months

The Nifty gapped up above last five session’s narrow trading range to signal resumption of the upward momentum after the brief consolidation near the recent breakout area of 10,170. The higher base building process above the recent breakout area and the upper band of the last three months consolidation range provided the platform for the continuation of the upward momentum ... Read More »

Rs. 200 Notes Notified, Likely To Be Introduced Soon

Rs. 200 notes could make their debut soon with the government notifying the new currency note. Experts say Rs. 200 notes will significantly ease transactions. “In exercise of the powers conferred by sub-section (1) of section 24 of the Reserve Bank of India Act, 1934 and on the recommendations of the Central Board of Directors of the Reserve Bank of ... Read More »

Nifty likely to consolidate below 10,115; 5 stocks which can give up to 17% return

The index after a lot of struggle, successfully crossed the milestone of 10,000 mark in the week gone by. The Nifty50 made an all-time high at 10,114.85 on the expiry day, but we have seen some profit booking coming through in the last session as it closed at 10,014.50, still up by 99.25 points or 1 percent for the week. ... Read More »

Nifty likely to remain volatile this week; 5 stocks which can give up to 18% return in short term

The Nifty continued with the downward spiral in its daily chart for the third week in a row, indicating a slothful movement in an upcoming session. Despite closing on a positive bias in Friday’s trade, Nifty failed to cohere above its psychological support level during the closing period of trade on the backdrop of selling pressure coupled with mounting concerns ... Read More »

7th Pay Commission: Meeting on Allowance Today, Decision Likely Soon

Proposal for Cabinet on 7th pay commission allowances is likely to be finalised soon. The Empowered Committee of Secretaries is likely to meet today to screen the report on 7th pay commission allowances (including HRA), an employee union official said. The empowered committee is expected to soon finanlise proposal for the Union Cabinet on 7th pay commission allowances, he added. ... Read More »