Thursday, January 09, 2025 | 10:40 AM ISTEN Hindi

F&O expiry: Sensex pares gains, ends 77 pts higher; YES Bank advances 24%

All that happened in markets today.

SI Reporter New Delhi

Stock brokers react to the movement share prices on BSE Sensex in Mumbai on January 23. Photo: Kamlesh Pednekar

8:36 AM

Short-term volatility is a friend of the long-term investor: Sundaram MF MD

Investors shouldn’t focus too much on the short term and ignore the negative noises, says SUNIL SUBRAMANIAM, managing director, Sundaram Mutual Fund. In conversation with Samie Modak, Subramaniam says investors who have continued with systematic investment approach will benefit in the long run. READ FULL INTERVIEW HERE

Sunil Subramaniam, MD, Sundaram MF

8:32 AM

Investors should book profit in Colgate given market share, margin worries

Expectations of an earnings boost from lower corporate tax rates and market share improvement following the appointment of the new managing director (Ram Raghavan from August 2019) had kept investor sentiment buoyant in Colgate stock. Shares of Colgate, as a result, had risen nearly 35 per cent during the three months period ending October 23. READ MORE

8:27 AM

Divestment isn't enough to sustain uptrend in BHEL as numbers don't support

The Bharat Heavy Electricals’ (BHEL) stock was among the top gainers on Wednesday, with returns of almost 10 per cent driven by foreign brokerage CLSA upgrading its ‘sell’ recommendation to ‘buy’, with a target price of Rs 67. While there is still some upside despite Wednesday’s price movement, it may be worthwhile to ask if its financials support the stock price movement. READ MORE

8:20 AM

Nifty view and trading ideas by CapitalVia: Buy Asian Paints, Berger Paints

Market gained for second straight session; Nifty likely to hold 11,800 ahead of expiry

Markets traded with positive sentiments throughout the day on Wednesday and one should hold 11,800 which will act as an important level ahead of monthly expiry. Nifty closed at 11,844.10 adding 57.20 points. FMCG and IT stocks traded with positive sentiments throughout the day and gained most among indices. Nifty bank closed at 29,987.50 adding 220.03 points positive from the previous day’s closing. READ MORE

8:17 AM

Stock recommendations by Tradebulls Securities: Buy NIIT Tech, sell UPL

Recommencing the spirits of Diwali, Nifty extended gains for the second day in a row to close 0.49 per cent higher at 11,844.10, decisively holding above the 11,800 mark. However, India VIX also seemed to continue with this spirit and ended higher by another 1.58 per cent to close at 16.68, while Options data suggests a shift in higher trading range in Nifty from 11,700 to 11,900 levels. READ MORE

8:14 AM