814: Stock picks of the day for January 22, 2019
Tech Mahindra Ltd: Buy| LTP: Rs714| Target Rs. 770| Stop-Loss: Rs 680| Return 8% After taking support around 200-day SMA multiple times during the last couple of months, the stock price reversed northward to close above its 5 and 20-day SMA. During the last week, Tech Mahindra has given a breakout above the downward sloping trendline, adjoining the high of 03-October 2018 and 05-December 2018...
8m Jan 22, 2019
8m
812: The Path to Budget 2019: Differences between NDA and UPA Budgets
Moneycontrol's Rakshita Madan and Gaurav Choudhary discuss the differences and similarities in the budgets of UPA and NDA Governments
5m Jan 22, 2019
5m
813: A morning walk down Dalal Street | Profit booking expected if Nifty fails to close above 10,985
No Monday blues for sure on D-Street. The S&P BSE Sensex rallied by nearly 200 points while the Nifty50 reclaimed 10950 levels. The easing of trade tension between the US and China boosted the sentiment across the globe, including ours. Besides, encouraging earnings announcements further added to the positivity. However, participation was limited only to the handful of index majors as stocks ...
6m Jan 22, 2019
6m
811: An Evening Walk Down Dalal St, 21 Jan '19 | RIL Contributes Nearly 80% of Nifty Gains
5m Jan 21, 2019
5m
810: Stock picks of the day for January 16, 2019
Indraprastha Gas: Buy| Target: Rs 295| Stop loss: Rs 265 | Upside: 5 percent Indraprastha Gas maintained an upward trajectory for the last one week despite a negative market breadth and managed to swiftly move upward from its crucial resistance of 200-day moving average placed at Rs 269 on a closing basis. Initially, the scrip made a healthy consolidation from a price-band of Rs 320 level tow...
6m Jan 21, 2019
6m
809: A morning walk down Dalal Street | Stay long as long as Nifty holds 10,800
Indian markets bounced back from lows and managed to end the day in the green. On weekly basis, both Sensex and Nifty rose more than 1 percent each. The good part is that Nifty managed to hold on to its crucial resistance level of 10,900 for the second consecutive day in a row. Investors in the Indian market could make a note of movements in Brent Crude prices. The commodity has crossed $61 p...
5m Jan 21, 2019
5m
806: An Evening Walk Down Dalal St, 18 Jan '19 | Sensex and Nifty End A Percent Higher for the Week
5m Jan 19, 2019
5m
807: Editor's Pick | Brexit: Two Months To Go
Brexit
14m Jan 18, 2019
14m
808: Digging Deeper: How the CBI vs CBI telenovela played out
There was a strange incident in October of 2018. The CBI, or Central Bureau of Investigation, arrested one of its investigating officers and conducted searches at its own headquarters after registering a case against its second top official, Rakesh Asthana. Deputy Superintendent of Police Devender Kumar was charged with falsifying the statement of a Hyderabad-based businessman in order to impli...
16m Jan 18, 2019
16m
805: The Market Podcast - Macro Data; Earnings Season
6m Jan 18, 2019
6m
804: The Anatomy of a Centibillion Divorce: Jeff and MacKenzie Bezos are Splitting Up
All happy families are alike; each unhappy family is unhappy in its own way. Tolstoy began Anna Karenina with that line. But one wonders if that is applicable all the time. One example: divorce. It's the oldest tale in the book. You are rich; you are middle-aged; you are a man; crisis. You buy a Porsche; you drop some weight; you hit the gym; you get jacked. Chances are your one-time sweethear...
28m Jan 18, 2019
28m
803: Podcast: Here’s why Siemens and Bharti Airtel could give up to 17% return in 6 months
The Nifty during the current week has registered a breakout above the symmetrical triangle formed since mid-December 2018 high of 10,985. The index has now retraced past three sessions. Going forward, we expect stock specific performance to continue as earnings season gathers pace while we expect the index to strengthen above December high (10,985) and eventually head towards the earmarked tar...
5m Jan 18, 2019
5m
802: A morning walk down Dalal Street | Expect positive momentum to continue if Nifty holds 10,800 on closing basis
Indian market brushed aside weak global cues and closed in the green on Thursday. The S&P BSE Sensex rose 52 points to close at 36,374. The Nifty50 added 14 points to end at 10,905. Despite weak global cues, the domestic market managed to trade in a positive territory supported by stock-specific buying and strong rupee. The index is witnessing strong momentum at lower levels which is a positi...
4m Jan 18, 2019
4m
801: An evening walk down Dalal Street on January 17, 2019
Equity benchmarks ended the session on a marginally higher note, but not before witnessing volatile moves. The Nifty managed to hold on to 10,900-mark. Weakness was visible among pharmaceuticals and PSU banks, while other sectors ended the day in the green. The Nifty IT index was the big gainer as a weaker rupee boosted IT stocks. The day began on a steady note, amid mixed global cues. Howeve...
5m Jan 17, 2019
5m
798: Digging Deeper | Online Pharmacies: Pill or Poison?
Can we, or can we not buy our medicines online? Let's find out
14m Jan 17, 2019
14m
800: Stock picks of the day: 10,700 expected to act as crucial support for Nifty
On the daily chart, the Nifty has been moving in a rising narrowing Wedge kind of pattern. In its recent move, the Nifty has moved above the falling trendline within the Wedge pattern which suggests bullish outlook. Also, a golden cross of 50-EMA and 200-EMA is visible on the daily chart which again supports the bullish setup. The daily oscillator RSI (14) has given a falling trend line breako...
6m Jan 17, 2019
6m
799: A morning walk down Dalal Street | Expect consolidation in near term with stiff resistance at 11,100
A lackluster day for Indian markets. Rupee depreciation, higher crude oil prices and uncertainty on the Brexit front possibly weighed on the sentiments and capped the upside for Indian markets. Both Sensex and Nifty closed flat but it was largely on expected lines because Nifty was already trading near key resistance levels. Going forward, the broader set up of the Nifty remains positive with...
5m Jan 17, 2019
5m
797: An Evening Walk Down Dalal St, 16 Jan '19 | Flat end to D-Street amid a volatile day; Nifty below 10,900
5m Jan 16, 2019
5m
796: Stock picks of the day for January 16, 2019
ITC Limited: Buy| Target: Rs 313| Stop Loss: Rs 280| Return 7% On the daily charts, the stock has been hovering around its 200-days exponential moving average (DEMA) for more than two months in a broader range of 270-290 supported with consistent buying at lower levels. The consolidation in prices has formed a Symmetrical Triangle pattern on the daily charts and last week also witnessed a fre...
5m Jan 16, 2019
5m
795: A morning walk down Dalal Street | Uptrend likely to resume only if Nifty closes above 11,000
Sensex snapped its 3-day losing streak and climbed over 400 points on Tuesday. The Nifty50 reclaimed 10850 levels and closed a shade below 10900 level. The final tally – the S&P BSE Sensex rallied 464 points to end at 36,318 while the Nifty50 ended 149 points higher to close at 10,886. Both benchmark indices closed with gains of over 1%. What led to the rally – the market rally was supported ...
5m Jan 16, 2019
5m
794: An Evening Walk Down Dalal St, 15 Jan '19 | Bulls Return - Sensex Up Over 460 Points
5m Jan 15, 2019
5m
793: Stocks picks of the day: Break below 10,700 may push Nifty towards 10,500
Markets continued their consolidation phase for yet another week and managed to settle marginally higher amid volatility. Firm global cues led positive start which further strengthened in next two sessions with noticeable buying in select index majors, mainly from banking and FMCG pack. However, upside remained capped as participants preferred to book profit ahead of the beginning of earnings ...
5m Jan 15, 2019
5m
792: A morning walk down Dalal Street | Inflation data, Q3 earnings, rupee, oil prices in focus
Maintaining is negative streak, equity benchmarks closed Monday’s session with cuts of around 150 points on Sensex. The Nifty ended below 10,750-mark. Weak global cues and a depreciating rupee added to the woes of bulls on Monday. A smart recovery by the bulls in the last hour helped the market close off their low points. The Sensex recovered around 180 points from the day’s low, while the Ni...
6m Jan 15, 2019
6m
791: Digging Deeper | Eighteen Months of GST
GST is now over 18 months old. So how is GST doing in January 2019? With the elections just a few months away, now is as good a time as any to take a look at the eighteen-month-old toddler they call GST. Sure, there have been tumbles, but will this toddler be able to hold on his own and soon, are the questions we will examine on this edition of Digging Deeper with Moneycontrol with me Rakesh Sh...
16m Jan 14, 2019
16m
790: An Evening Walk Down Dalal St, 14 Jan '19 | Sensex, Nifty end lower amid weak global cues; DMart ends 11%
4m Jan 14, 2019
4m
789: Stock picks of the day for January 14, 2019
M&M: Buy around Rs 730-735| LTP: Rs 728| Target: Rs 775-790| Stop Loss: Rs 715| Return 8% After correcting sharply from its recent high of around 815, the stock took a sharp reversal on back of monthly sales number and nosedived sharply. Subsequently, the selling pressure exhausted near the 715-710 zones which coincided with the multiple support zone. On the weekly and monthly chart, the sto...
6m Jan 14, 2019
6m
788: A morning walk down Dalal Street | Q3FY19 earnings, macro-economic data in focus
Indian market saw extreme volatility in the week gone by which was dominated by global cues as well as earnings. The S&P BSE Sensex managed to hold on to 36,000 while Nifty50 closed a shade below 10,800 levels. The S&P BSE Sensex rallied by about 0.8 percent as compared to 0.05 percent gain seen in the S&P BSE Smallcap index and 0.2 percent rise in the S&P BSE Midcap index. Even though broade...
5m Jan 14, 2019
5m
787: Digging Deeper | Low Food Inflation Numbers and the State of the Farmer
In this Moneycontrol Deep Dive, we will focus on both sides of the coin. The food inflation figures and the figures that remain often hidden amid reams of data. The farmers themselves.
20m Jan 11, 2019
20m
786: An Evening Walk Down Dalal St, 11 Jan '18 | TCS, Tata Motors Drag Indices; Nifty Below 10,800
5m Jan 11, 2019
5m
784: The Market Podcast: GST Council meet, TCS' Q3 results, and the allure of midcaps in 2019
Hi. This is Rakshita Madan from Moneycontrol. Hello & welcome to 'The Market Podcast'. This is the second edition of this new series which gets you up to speed with all that transpired on Dalal Street during the week, in just under five minutes.  To make this quick and insightful, we’ve broken down the podcast into five segments. Each offers a different take on markets and the world of busines...
7m Jan 11, 2019
7m
783: Podcast | Digging Deeper: The Startup Scene in India, and What 2019 Has in Store
2018 was a good year for startups in India. Last year’s themes were consumerism and digital adoption. The average age of startup founders in India is 28 years, and more than 9 percent of founders are women. It is estimated that India’s GDP could double in the next decade. Some analysts and industry experts claim there is an increasing trend of contribution of domestic consumption towards GDP w...
14m Jan 11, 2019
14m
781: Stock picks of the day for January 11, 2019
Divis Labs Ltd: Buy| Target: Rs 1625| Stop Loss: Rs 1468| Returns 7% The stock has been consolidating for the past two months and has finally broken out from the falling Wedge pattern on the weekly chart. The breakout has been accompanied with a smart uptick in traded volumes. Divi’s has also managed to convincingly hold above its 50-DEMA and sustain above the same. Apart from this, the rela...
5m Jan 11, 2019
5m
780: A morning walk down Dalal Street | Q3 earnings in focus, Infosys PAT likely to grow 7% YoY
Benchmark indices consolidated after 4 straight day of gains on Thursday. But, despite profit booking at higher levels, Sensex and Nifty closed above their crucial resistance levels. Weak global cues could be blamed from the muted performance of Indian markets. Asian markets dipped after a solid four-day rally, as lack of details on US-China trade talks gave investors pause. Beijing said the ...
5m Jan 11, 2019
5m
782: Editor's Pick | What is Algorithmic Trading?
Of late, the stock market in the US has seen swings so wild, you could mistake it for Tarzan. Any tumultuous time such as we have seen on Wall Street inevitably comes with the Greek chorus of blame. Big investors come out and start blaming algorithms. The story is usually the same. As Business Insider summarized it, and we paraphrase here, electronic trading programs feed off each other to caus...
21m Jan 10, 2019
21m
779: An evening walk down Dalal Street on January 10, 2019
The market cracked its winning streak on Thursday, following weak global cues. The Nifty, however, managed to hold 10,800, while the Sensex ended with cuts of over 100 points. There was some weakness in the financials space, which weighed on the indices. Automobiles and pharmaceuticals, among others, were the other big gainers. There was a considerable outperformance by the Nifty Midcap segmen...
5m Jan 10, 2019
5m
778: Podcast | Digging Deeper: Bank mergers - Is there strength in unity?
On January 2, 2019, The Economic Times rang in the New Year on a cautiously hopeful note and writer Atmadip Ray stated, “After many false hopes over the past few years, there appears to be a new dawn for the banking industry in the year 2019. The pitch is somewhat ready for a long innings, although there could be occasional bouncers either from the government in an election year to win votes, o...
30m Jan 10, 2019
30m
777: Stock picks of the day for January 10, 2019
Tata Motors Ltd: Buy| CMP: Rs.183.05 | Target: Rs 198| Stop Loss Rs.176| Return 10% The stock has given a falling wedge breakout on the daily frame which suggests that the optimism in the stock has increased significantly and the trend has reversed now. In addition, the stock price has moved above the 50-EMA for the first time in the last four month. On the daily chart, the momentum indicator...
6m Jan 10, 2019
6m
776: A morning walk down Dalal Street | Focus on stock specific opportunities with stop loss placed below 10,733
The bulls continued to dominate D-Street as benchmark indices ended higher for the fourth straight session in a row, thanks to global cues. So what was the reason – well, trade talks between US-china ended on an optimistic note which boosted investor sentiments. The S&P BSE Sensex rallied 231 points to finally close above Mount 36K at 36,212 while Nifty50 reclaimed 10,850 to end at 10855. The...
5m Jan 10, 2019
5m
774: Digging Deeper | Is It the Death of the ICAI as We Know It?
THE DEATH OF ICAI AS WE KNOW IT
17m Jan 09, 2019
17m
775: An evening walk down Dalal Street on January 9, 2019
What a smart recovery that was by the bulls! Not only did they manage to pull benchmarks out of the negative zone, the rally ensured a strong close after Wednesday’s session. The Sensex recovered over 350 points to close above 36,000-mark, while the Nifty recovered over a percent from the day’s low to close above 10,850-mark. A rally among banks, automobile companies as well as consumption na...
4m Jan 09, 2019
4m
773: Stock picks of the day for January 09, 2019
Titan Company Limited: Buy| Target: Rs 1025| Stop Loss: Rs 885| Return 9% The stock has taken support at its 100-days exponential moving average (EMA) on the daily charts and took a V-shaped recovery from 870 levels to once again reclaim the momentum above its short-term moving averages. From the last six weeks, the stock has been consolidating in a broader range of Rs 870-945 along with cons...
5m Jan 09, 2019
5m
772: A morning walk down Dalal Street | Stay positive as long as Nifty trades above 10,700 on closing basis
Nifty managed to recoup 10800 levels on a closing basis and closed above most of the short-term and long-term moving averages on Monday. A big thumbs up to the bulls. Coming to the final tally – the S&P BSE Sensex rose 130 points to close at 35,980 – yeah, just a shade below 36000. For the Nifty, the index closed 30 points higher at 10,802. Sectorally, PSU banks remained in limelight. NiftyBa...
5m Jan 09, 2019
5m
771: An evening walk down Dalal Street on January 8, 2019
Benchmark indices showed smart recovery in last couple of hours of trade and ended volatile session on a positive note on Tuesday, driven by global cues. Banking & financials, auto and metals stocks helped the Nifty close above 10,800 levels. The 30-share BSE Sensex recovered more than 200 points from day's low to close 130.77 points higher at 35,980.93 while the 50-share NSE Nifty gained 30.4...
5m Jan 08, 2019
5m
769: Stock picks of the day | Remain long in Nifty with a stop loss below 10,628
For the last 8 weeks, the Nifty is moving in a schizophrenic manner. Every alternate week, it is moving in opposite direction. During the first two session of the last week, Nifty formed a double top at 10923 levels and moved southward. The Nifty has been moving in a rising wedge pattern on the daily chart. Last week, the index managed to close above the support level of the lower trend line o...
6m Jan 08, 2019
6m
768: A morning walk down Dalal Street: Will bulls be able to maintain momentum?
Well, there were no Monday blues for sure but the way market witnessed selling pressure at higher levels suggest that we might not be out of the woods. The domestic market gained on back of positive global cues led by dovish comments from the Fed and strong US jobs data. Initially, the gap-up opening pushed the index above 10800 in morning trade but towards the close, we saw profit taking at h...
5m Jan 08, 2019
5m
770: Editor’s Pick | How Does India Make Her Money?
This budget is a crucial one for the sitting government, as PM Modi will seek to return to power a second time on the back of what analysts are already guessing will be a populist budget.
12m Jan 07, 2019
12m
767: Digging Deeper | The World According to Elon Musk
The world was never as sharply divided as it is today between those who do and those who well… talk. So believe it or not, there is a website called Teslarati that calls itself the leading source for Tesla news, rumours and reviews. There are entire industries surrounding the extraordinary life of Elon Reeve Musk, a technology entrepreneur, investor, and engineer, the founder, CEO, and lead des...
16m Jan 07, 2019
16m
766: An evening walk down Dalal Street on January 7, 2019
A positive end for the market, but certainly not a result that the bulls would have anticipated, given how the day had started. Consecutive session of gains nudged investors to book profits. As a result, the Sensex ended more than 200 points from the day’s high points, while the Nifty failed to hold 10,800. The day began on a strong note as strong Asian cues and SGX Nifty trends hinted at a p...
4m Jan 07, 2019
4m
765: Stock picks of the day for January 07, 2019
Escorts Ltd: Buy| LTP: Rs 724| Target: Rs 759 | Stop loss: Rs 680 | Upside: 5 percent Escorts maintained an upward trajectory for over the past one month after making a healthy consolidation from a higher price-band of Rs 722-720 towards a low of Rs 585. It took strong support in 560-550 zone to reserve the trend into bullish trajectory where it managed to break out from its 100-days moving a...
7m Jan 07, 2019
7m
764: A morning walk down Dalal Street | What's in store for the markets in 2018?
A cautious start to the New Year! Bulls failed to regain control in the first week of the year 2019 as benchmark indices closed the week with losses of over 1% each. On Friday, the S&P BSE Sensex recouped intraday losses and closed 181 points higher, thanks to supportive global cues. While the Nifty ended 55 points up to close at 10,727. The index bounced back after retesting its crucial supp...
6m Jan 07, 2019
6m