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Sensex, Nifty: Key factors that may influence Dalal Street this week as FPIs turned strong buyers in November

Dec 04, 2022

When the dollar index moves up and is expected to trend up, FPI sell. Conversely, when the dollar index declines and is expected to trend down, they buy. Going forward, India will get its fair share of FPI money. But the high valuation in India will be a deterrent.

Nifty Bank is in a positive rising channel with a higher high-higher low pattern.

Nifty Bank Outlook: Index support at 21-DMA; ICICI, HDFC Bank, SBI, BOB & Canara Bank may do well

Dec 04, 2022

Nifty Bank December futures are trading in at a premium of 217.05 points. The strike of 43,000 has the largest Put options open interest (OI) concentration, which may provide support for the present expiry

Nifty index is trading near the key hourly moving averages as well as near a rising trendline on the hourly chart. The 18,600 is a key support from where the index can start moving up again.

Nifty sees profit booking after 8-day rally; 18,900 a key hurdle, say analysts

Dec 04, 2022

Nifty showed the first sign of profit booking when prices slipped below 19,800 level, with a bearish candle on the daily chart. The index has completed the Bearish Crab harmonic pattern at 18,887.60 level.

Sector-wise, the BSE Realty index gained 4.2 per cent during the week gone by.

Nifty and Sensex posted second consecutive weekly gains after hitting all time highs amid signals of cooling off global inflation

Dec 03, 2022

As many as 41 stocks in the Nifty 50 index delivered a positive return to investors in the passing week. With a gain of (5.8 per cent), Britannia Industries emerged as the top gainer in the index.

Twitter users told Nithin Kamath in the comments section that the demat additions post Covid lows are an aberration

'Most hated all-time high?': Zerodha co-founder Nithin Kamath's reading of Nifty at 18,700

Dec 02, 2022

'While markets are at all-time highs, the momentum in retail participation and activity is not nearly as much as it was at all-time highs this time last year,' says Kamath

Nasdaq leads Wall Street lower after robust November jobs data (Photo: Reuters)

Nasdaq leads Wall Street lower after robust November jobs data

Dec 02, 2022

The Labor Department's jobs report showed nonfarm payrolls rose by 263,000, compared with an estimated 200,000, as U.S. employers hired more workers than expected in November and raised wages despite mounting worries of a recession.

Mahindra & Mahindra (2.08%), Hindustan Unilever (1.78%), Maruti (1.58%) , Nestle (1.52%), HDFC (1.32%) and Asian Paints (1.19%) were among the top Sensex losers.

Sensex, Nifty fall off record highs; M&M, HUL, Maruti top losers

Dec 02, 2022

Sensex slipped 415.69 points to end at 62,868.50. During the day, it crashed 604.56 points to 62,679.63. Nifty lost 116.40 points or 0.62 per cent to end at 18,696.

Bajaj Hindusthan Sugar stock hit upper circuit of 20% at Rs 13.52 on BSE.  On NSE too, the stock hit upper circuit of 20% at Rs 13.50 and closed at the same level

Bajaj Hindusthan stock closes 20% higher, defies market correction; here’s why

Dec 02, 2022

Bajaj Hindusthan Sugar shares opened lower at Rs 11.12 today against the previous close of Rs 11.27 on BSE. They traded marginally higher above its opening level for nearly half the portion of trading hours

Goldman Sachs said the Paytm provided incremental colour around aspects such as PPBL’s user onboarding ban, Paytm’s lending customer base and partner strategy, impact on device rentals from competition

Paytm Analyst Day: What Morgan Stanley, Goldman Sachs & CLSA said on stock

Dec 02, 2022

Paytm in its first ever Analyst Day meeting explained its business model and gave insights on its payments and lending businesses. The company management sounded confident of strong growth as well adjusted Ebitda break-even target by September 2023

Raymond stock is trading higher than 5-day, 20-day, 50-day, 100-day and 200-day moving averages

Raymond shares hit all-time high; climb 34% since Q2 earnings

Dec 02, 2022

Raymond shares touched an all-time high of Rs 1,626.45, gaining 19% on BSE. The surge in the stock comes amid high volume of shares traded on BSE today

BSE Sensex may hit the 1,00,000 mark in the next 4-5 years. The figure shows a 57 per cent upside from the record high level of 63,653.07, the index scaled on December 1, 2022

Money making ideas: These 5 themes to lead the next leg of rally

Dec 02, 2022

BSE Sensex may hit the 1,00,000 mark in the next 4-5 years. The figure shows a 57 per cent upside from the record high level of 63,653.07, the index scaled on December 1, 2022

BHEL stock has gained 12% in the last three days. BHEL shares are trading higher than the 5 day, 20 day, 50 day, 100 day and 200 day moving averages

BHEL shares hit 52-week high on bid to manufacture Vande Bharat trains

Dec 02, 2022

BHEL shares touched a 52 week high of Rs 91.1, rising 7.56% against the previous close of Rs 84.70 on BSE

In the near term, said Nirmal Bang Institutional Equities, improved footfalls will benefit dine-in centric models like Westlife Foodworld, which has 35% of its outlets in malls and also boasts of a strong drive-thru portfolio

This McDonald's franchisee is up 60% in six months. Can the stock rise any further?

Dec 02, 2022

Analysts largely have price targets in the Rs 800-850 rang, suggesting potential up to 9-15 per cent potential upside for the stock. The scrip is up 60% in the last six months. That includes Friday's 2% rise on the counter

Shares of Talbros Automotive Components surged 8% after the auto component company received new multi years orders worth Rs 420 crore from domestic and overseas customers across its business divisions, product segments and JVs

Why are shares of NLC India, Talbros Automotive, Satin Creditcare and Likhitha Infra rising today?

Dec 02, 2022

Shares of Likhitha Infrastructure jumped over 8% in Friday's trade, adding to its recent rise after ace investor Ashish Kacholia bought shares in the company. The scrip went ex-stock split today from Rs 10 to Rs 5 per share

Cosmo First stock has gained 21% in the last six sessions on the buzz of share buyback

Cosmo First stock rises on nod to Rs 108-crore share buyback

Dec 02, 2022

Cosmo First shares gained 2.28 per cent to Rs 847 against the previous close of Rs 828.30 on BSE

Ekansh Mittal, known for picking multibaggers at early stages, recalls November as the month he opened his demat account in 2008

Kanpur-based contrarian Ekansh Mittal finds potential multibaggers in these 3 sectors

Dec 02, 2022

Ekansh Mittal, known for picking multibaggers at early stages, recalls November as the month he opened his demat account in 2008

PB Fintech stock rose 6.07 per cent to hit a high of Rs 489 on BSE. With this, the scrip has cut year-to-date losses to 51 per cent

PB Fintech shares surge 6% after Rs 1,043 crore block deal; SoftBank likely seller

Dec 02, 2022

PB Fintech saw a total of 2,28,42,424 shares changing hands in a block deal, amounting to Rs 1,042.52 crore. SoftBank Group was expected to sell a 5 per cent stake in the company today

At 9:24 am, the Bandhan Bank stock was trading 14.41 per cent higher than the 52 week low of Rs 209.45 hit on November 22, 2022

Bandhan Bank stock rises 2% amid market correction; here's why

Dec 02, 2022

Bandhan Bank shares rose up to Rs 240.50, up 2.07 per cent against the previous close of Rs 235.60 on BSE

YES Bank stock climbed 2.34 per cent to hit a high of Rs 17.45 on BSE. The private lender said Investors are evaluating the conditions

YES Bank rises 2% as RBI gives conditional nod to Carlyle, Advent for stake buy

Dec 02, 2022

YES Bank said the RBI has issued a conditional approval to each investor with respect to the proposed acquisition by each of them of up to 9.99 per cent of paid up share capital through subscription to equity shares and share warrants

Stocks to watch out for today: Orchid Pharma, Phoenix Mills, Wipro, YES Bank, Paytm, Kotak Bank, Piramal Enterprises and more

Stocks in news: Wipro, YES Bank, Paytm, Kotak Bank and more

Dec 02, 2022

Stocks to watch out for today: Orchid Pharma, Phoenix Mills, Wipro, YES Bank, Paytm, Kotak Bank, Piramal Enterprises and more

La Opala RG’s (LOG) operational performance has shown consistent improvement starting Q2FY22, with the company’s quarterly revenue run-rate improving without compromising profitability

Alkyl Amines, La Opala, Supreme Infra, United Spirits & Westlife: What analysts said of these 5 stocks

Dec 02, 2022

Motilal Oswal said that the ongoing expansions (Rs 400 crore capex) at Alkyl Amines will boost the capacity of Aliphatic Amines by 30 per cent from 90-100ktpa at present