Friday, January 10, 2025 | 08:20 PM ISTEN Hindi

Sensex vaults 1,422 pts, most in 10 years, after exit polls predict NDA win

All that happened in the markets today

SI Reporter New Delhi

Photo: Kamlesh Pednekar

7:58 AM

Tata Motors Q4 preview: Weak volume to drag down revenue, margins

Tata Motors Ltd, India’s largest automaker by sales revenue, will report its March quarter (Q4 FY19) results on Monday amid expectations that dip in volumes may drag the company's consolidated revenues and earnings.

"Update on China business will be key," analysts said. READ MORE

7:57 AM

Top trading ideas by Prabhudas Lilladher: Buy Nestle, Berger Paints

NIFTY VIEW

The much-awaited event arrives with anxiety building up among the market players. Technically, the index has taken support at 11,100 levels and bounced from there on gaining almost 300 points in the past two days. The support for the week is seen at 36,850/11,050 for the Sensex and Nifty, respectively, while resistance is seen at 38,880/11,720. Bank Nifty would have a range of 28,350-30,430. The exit poll and election result will decide the next move and clear direction of the market. READ MORE

7:55 AM

Top trading ideas by Angel Broking: Buy HDFC, ICICI Lombard

Be prepared for wild swings, hopeful of a favourable outcome

Last week’s price action was clearly divided into two parts, first half was the rub off effect of previous week’s turmoil due to US – China trade war and the second half was the hope rally ahead of the exit polls result. On Friday, we witnessed a complete gush towards the fag end, which pushed index significantly higher to reclaim the 11,400-mark on a closing basis by recouping over a per cent from the previous week’s damage. READ MORE

7:54 AM

From FDI to e-commerce policy: The agenda for the next government

The Narendra Modi government took many initiatives such as Startup India and improved India’s rank in Ease of Doing Business. But this has not quite translated into higher foreign direct investments despite the government changing the norms for FDI thrice. The new government’s challenge would be to reverse the tide in FDI, boost manufacturing and come up with an e-commerce policy that is fair to all investors. READ MORE

7:53 AM

Satta market Lok Sabha poll verdict: BJP to get 244-247; 80 for Congress

The satta market is betting on the National Democratic Alliance (NDA) to form the government for the second time in a row, with Narendra Modi continuing as the prime minister. After the poll dates were announced, the illegal betting market came out with the number of seats that the Bharatiya Janata Party (BJP) would win on May 23. The market is sticking to those numbers, with some minor changes. READ MORE

7:51 AM

Elections and stock prices

We have seen big election-related moves of the stock market in the past. But with the benefit of hindsight, the market’s forecast of future profit growth has been poor. This is part of a larger pattern, where the Indian stock market is often good at sizing up one company at a time, but fails to understand the macro forces that are shaping the entire country and influence all firms. READ MORE

7:49 AM

Election strategy: How to play markets ahead of Lok Sabha poll results

After the recent volatile swing, Indian indices are likely to see next leg of movement as per the outcome of Election Result 2019 which is scheduled on May 23, 2019. India VIX-metric to indicate volatiltiy in the market-is near to 28 zones which is the highest levels in last 44 months since September 2015.

If BJP gets a clear Majority: Expected upside towards 12500 zones

Buy Call (11600 CE)

Buy 1 lot of 11600 Call @ 201

BEP : 11801

Max Risk : 201 Points (Rs. 15075/-)

Max Reward : Expected 700 Points (Rs. 52500/-) READ MORE

7:44 AM