When the larger trend is strong, stocks in overbought territory tend to continue perform and stay buoyant in the face of any setback.
Selective rate sensitive stocks may rise up to 12 per cent
Technically, ICICI Bank is poised for an upside up to 10 per cent, while ICICIGI must sustain over the 200-DMA
if the Nifty Midcap index succeeds to absorb selling pressure emerging at current level of 33,000 mark, the probability of breaking out over the previous historic peak of 33,245 becomes more plausible
So far this year, Persistent Systems is the top contender surging close to 30 per cent, while Infosys remains as the top loser, plunging 14 per cent.
Among banking majors, Axis Bank, ICICI Bank, HDFC Bank and State Bank of India (SBI) appear on track to hit new all-time high in the weeks ahead, charts suggest
Technically, stocks inversely proportionate to the benchmark indices' trend are safe to bet during weakness.
Following a sharp reversal at the end of the April series, the BSE Sensex and Nifty 50 took a breather near to their respective the 200-day moving average (DMA) before offering the next leg of upside
While the overall trend in the new-age companies has been negative, selective stocks are reflecting a robust comeback. If they succeed in restoring their optimistic faith, the price action may offer s
India, according to them, is among the more sensitive markets to US rates, and demonstrates the most sensitivity to local rates given higher influence of domestic flows into the market
Whenever a stock hits a new 52-week low, further fall from a medium-term scale appears realistic, with price endorsing further correction of 10 per cent to 12 per cent.
SATISH RAMANATHAN, chief investment officer for equity at JM Financial Asset Management says the investment firm has increased cash levels marginally across portfolios to ride out the volatility.
After a stellar run in 2021, global equity markets are gearing up to welcome 2022 on a cautious note. What are the risks? Which sectors may shine? Also, find out key triggers for the markets today
Even though the market appears resilient, bulls are facing major headwinds in the form of sustained selling by FIIs
Domestic equities may continue to trade sideways in today's trading session as lack of major domestic and global triggers may keep investors on the sidelines
Equities' trading may remain thin this week as investors eye a holiday-truncated week
Christopher Wood, global head of equity strategy at Jefferies reiterates his bullish view, remains structurally overweight on India, and would look to buy Indian stocks on every decline
Equity investors were caught on the wrong side of the markets last week as valuation concerns, coupled with persistent selling by FIIs, kept upside in check on the bourses
The last trading day of the week is likely to be no different than the days gone by, with most analysts expecting the front-line indices to remain range-bound amid volatility
Christopher Wood, global head of equity strategy at Jefferies, too, had recently warned regarding rising inflation in his weekly note to investors, GREED & fear