1062: Evening Walk Down D-Street on April 8, 2019
Bulls failed to remain in control of D-Street as the S&P BSE Sensex fell by 341 points from its intraday high of 39,041 as investors preferred to book profits as ahead of earnings, valuation premium and the recent surge in crude oil prices got investors on the sidelines. Crude oil prices are trading at 5-month highs driven upwards by OPEC’s ongoing supply cuts, U.S. sanctions against Iran and ...
5m Apr 08, 2019
5m
1061: Rajneeti podcast | NDA's 5-year performance mixed; and why Modi is no Ronald Reagan
The world's largest democratic exercise -- the Indian general election -- commences on April 11. Even as PM Narendra Modi's Bharatiya Janata Party (BJP) seems to be ahead in the electoral race, supporters and critics are hotly debating the NDA government's performance over the past five years. In the first episode of Moneycontrol's Rajneeti podcast series, Jerome Anthony gets in conversation w...
14m Apr 08, 2019
14m
1060: Podcast | Stock picks of the day: Here's why Tata Steel and Ultratech Cement are a buy
The inaugural week of the new financial year kicked off higher owing to cheerful mood across the globe. However, this early lead could not be extended much due to lack of follow-up buying on the subsequent days. On April 3, Nifty did register a new high but it was not even by a single point and hence, eventually turned out to be just a formality. We saw modest profit booking after this develo...
5m Apr 08, 2019
5m
1059: A morning walk down Dalal Street | Nifty must hold above 11,550 to witness up move towards 11,761, 11,888
Both Sensex & Nifty eked record highs this week, ending with gains of about 0.4 percent each. The S&P BSE Sensex gained 0.49 percent while the Nifty50 gained 0.36 percent for the week ended April 5. The index witnessed profit booking at higher levels but the trend is still intact and the Nifty should hit record highs soon. The broader market underperformed that might be of some worry. Macro c...
6m Apr 08, 2019
6m
1058: Podcast | Decoding 2019: Tamil Nadu shows no trends despite BJP's handshake with AIADMK
Tamil Nadu politics can be maddening and fascinating at the same time. Pundits and psephologists are desperate to spot a trend - any trend - that indicates what this politically aware but unforgiving electorate has in mind for May 2019. Listen to Rakesh Sharma, as he unravels details about battleground Tamil Nadu in this episode of Decoding 2019.
18m Apr 05, 2019
18m
1058: The Market Podcast | Bulls rule despite sub-normal monsoon forecast; Q4 results in focus
This past week (April 1-5) saw two major developments on the market front. The RBI cut repo rate by 25 basis points and weather forecaster Skymet predicted that India could receive below normal rainfall in 2019. In this episode of The Market Podcast, Jerome Anthony talks to Moneycontrol Editor Santosh Nair to get a better picture of how this could impact the market.
9m Apr 05, 2019
9m
1057: An evening walk down D-Street on April 05, 2019
Bulls reclaimed lost glory on Friday as the S&P BSE Sensex rallied by over 150 points after two days of decline but failed to close above 39,000, while the Nifty50 reclaimed 11,650 levels. The final tally – the S&P BSE Sensex closed 177 points higher at 38,862 while the Nifty50 rose 67 points to close at 11,665. Both Sensex & Nifty eke record highs this week, ending with gains of over 0.4 per...
10m Apr 05, 2019
10m
1056: Podcast | Decoding 2019: Will the Congress-NCP alliance make a mark in Maharashtra?
In Maharashtra, the election will see a BJP-Shiv Sena vs Congress-NCP battle yet again. Rakesh Sharma, discusses the status of these alliances in this episode of Decoding 2019.
13m Apr 05, 2019
13m
1053: NSE Invest O Cast episode 18: Investing in gold - Dos and Donts
Today’s podcast is going to be about an investment every Indian has at their home. It doesn’t matter if you are rich or poor; every one of us has this in some small measure and pleasure. Most Indian families literally wear this investment as a badge of pride and honor. That’s right, we’re talking about gold here, and in this episode we will take a look at the Dos and Don’ts of investing in gold.
16m Apr 05, 2019
16m
1055: Stock picks of the day on April 5, 2019
PVR Ltd: Buy| LTP: Rs 1657| Target: 1805| Stop Loss: Rs 1555| Upside – 9%| Time Frame 6 months The share price of PVR Limited has formed a higher bottom around Rs 1430 during February 2019 which validates the change of polarity principle as May-November 2018 resistance now reverses its role as support. From a structural perspective, the current up move augurs well and reinforces positive stan...
5m Apr 05, 2019
5m
1054: A morning walk down Dalal Street | Selling pressure may aggravate if Nifty breaks crucial support of 11,550
RBI gave 25 bps cut which investors were eyeing for but what investors didn’t expect was near 200-point cut on Sensex and about 50 points fall in Nifty50. The big highlight of the day was the outcome of MPC meeting. The committee on expected lines slashed repo rate by 25 bps to 6 percent and kept the stance unchanged to ‘Neutral’. This is the second rate cut in 2019. The final tally – the S&P...
6m Apr 05, 2019
6m
1052: An evening walk down D-Street on April 04, 2019
In a repeat of the previous session, the market opened in green and ended in the red, after volatile trading on April 4. The NiftyBank hit a record high just days ahead of the RBI MPC meet outcome that signifies that traders looked to book profits once it was announced. The final tally – the S&P BSE Sensex closed 192 points lower at 38,684 while the Nifty50 dropped 45 points to close at 11,598.
7m Apr 04, 2019
7m
1051: Podcast | Decoding 2019: Congress says 'Hum Nibhaayenge', but what does it promise - Part 2
Countering the "Modi Hai toh Mumkin Hai" of the BJP, the Congress has come up with "Hum Nibhaayenge." In this episode, Rakesh Sharma discusses the other key takeaways from the Congress election manifesto.
13m Apr 04, 2019
13m
1050: Podcast | Decoding 2019: Congress says 'Hum Nibhaayenge', but what does it promise - Part 1
Countering the "Modi Hai toh Mumkin Hai" of the BJP, the Congress has come up with "Hum Nibhaayenge." In this episode, Rakesh Sharma discusses the five major themes of the Congress election manifesto.
26m Apr 04, 2019
26m
1049: Stock picks of the day on April 4, 2019
Dabur India Ltd: Buy| LTP: Rs.403.45 | Target: Rs 432|Stop Loss: Rs 394|Upside 8% The stock has been finding support above its previous swing low of 395 which suggests the presence of demand around its previous low. On the daily chart, the stock price has formed a bullish Harami pattern, and in addition, the price has completed ABCD harmonic pattern. Traders can accumulate the stock in the ra...
7m Apr 04, 2019
7m
1048: A morning walk down Dalal Street | Selling pressure could accelerate if Nifty breaks below crucial support of 11,550
Sensex, as well as Nifty hit record highs but then the momentum, fizzled out soon at the top There is a possibility that we could have made an intermediate top but the confirmation will come if we close below 11550 The final tally – the S&P BSE Sensex closed 179 points lower at 38,877 while the Nifty50 dropped 69 points to close at 11,643. The Nifty50 took support at its 5-days EMA placed at ...
6m Apr 04, 2019
6m
1047: An evening walk down D-Street on April 3, 2019
A day of ups and down for D-Street. The S&P BSE Sensex and Nifty50 touched fresh record highs on April 3 supported by stable global cues, but the momentum didn’t last long as traders preferred to book profits at higher levels. The S&P BSE Sensex snapped its 4-day winning streak and fell by about 400 points from its record high of 39,270.14 while the Nifty50 also failed to hold on to 11,700 and...
10m Apr 03, 2019
10m
1046: Podcast | Decoding 2019: BJP may not have a strong hold on Uttar Pradesh anymore
During the elections, Uttar Pradesh has been the state that has been in the best focus. After all, it has the largest electorate and the largest number of Lok Sabha seats. In this episode Rakesh Sharma analyses what could happen in UP in the upcoming elections.
13m Apr 03, 2019
13m
1045: Stock picks of the day on April 3, 2019
L&T Technology Services Limited: Buy| LTP: Rs 1632| Target: Rs 1760| Stop Loss: Rs 1550| Upside 7.8% On the weekly chart, L&T Technology Services Ltd. (LTTS) has broken out from a Triangle pattern neckline placed at 1570 triggering a resumption of the bull trend. Sustained trade above 1570 with healthy volumes will take the stock higher to levels of 1700-1760. Moreover, it had taken support a...
7m Apr 03, 2019
7m
1044: A morning walk down Dalal Street | Further profit booking expected if Nifty closes below 11,655
The tussle between the bulls as well as the bears continued for the second day in a row but the good part is that both Sensex and Nifty closed above their crucial support levels which is a positive sign. The trend is likely to continue but if Nifty closes below 11655 levels in Wednesday’s trading sessions there is a higher possibility of further profit booking. The initial public offer of sta...
7m Apr 03, 2019
7m
1043: Evening Walk Down D-Street on April 2, 2019
Indian markets are consolidating in a narrow range on Tuesday but the good news is that bulls still remained in charge of D-Street. The S&P BSE Sensex rallied closed above 39000 for the first time while the Nifty50 closed above 11700 levels for the first time since August 28, 2018. The final tally – the S&P BSE Sensex rose 184 points to close at 39,056 to register its fresh closing high while ...
8m Apr 02, 2019
8m
1040: NSE Invest O Cast episode 17: Importance of investment goals
Hrishi K: Hello and welcome to another episode of NSE Presents: Invest – O- Cast (An exclusive investor podcast) Powered by MoneyControl. My name is Hrishi K I am your host on this podcast is all about getting your money to make better investments for you in the new financial year. We all have goals. And goals need money. The problem: We don’t know how much we need to invest to meet our goals ...
15m Apr 02, 2019
15m
1042: Stock picks of the day on April 2, 2019
Grasim Industries Ltd: Buy| LTP: 855.35| Target: Rs 935| Stop-Loss: Rs 820| Return 9.3% The stock formed a bullish an inverse Head and shoulder pattern, and a Flag breakout is observed on the daily charts. The volumes are rising along with the price breakout. The 20-days EMA has crossed over 50-days EMA, indicating a bullish trend. Considering the technical evidence discussed above, we recomm...
6m Apr 02, 2019
6m
1041: A morning walk down Dalal Street | Stay neutral, wait for consolidation or correction before creating fresh longs
Sensex hit a fresh record high above 39,000 for the first time at 39,115 while the Nifty50 close 91 points short of hitting its record high. Banks led the gains from the front as Nifty Bank hit yet another record high of 30,648, led by gains in Bank of Baroda, PNB, Federal Bank, IDFC First Bank, SBI, and Kotak Mahindra Bank. The index witnessed profit-booking ahead of the bi-monthly monetary ...
6m Apr 02, 2019
6m
1038: Decoding 2019: TMC powerful in West Bengal, but divided opposition could help BJP
The biggest event of the year is nearly upon us. The General Elections of 2019 are just a few days away, and the campaigns as well as the speeches have gotten more abrasive. Political theatre at its finest, or its worst, depending the kind of audience you are. Best of times, worst of times, etc.
14m Apr 01, 2019
14m
1037: Evening Walk Down D-Street on April 1, 2019
Bulls pushed S&P BSE Sensex above 39,000 for the first time to 39,115.57 while Nifty50 closed just below its record high of 11,760.20. The S&P BSE Sensex surpassed its previous record high of 38,989 registered on August 29 for the first time in history. The gains were largely led by both private and public sector banks as well as Reliance Industries. Late selling clipped gains which pushed Se...
8m Apr 01, 2019
8m
1036: Stock picks of the day on April 1, 2019
PVR Limited: Buy| LTP: Rs 1644| Target: Rs 1805| Stop Loss: Rs 1497| Return 10% Time Frame 6 months The share price of PVR Limited has formed a higher bottom around Rs 1430 during February 2019 which validates the change of polarity principle as May-November 2018 resistance now reverses its role as a support. From a structural perspective, the current up move augurs well and reinforces a posi...
7m Apr 01, 2019
7m
1035: A morning walk down D-St: No sell signals on lower time frame charts, things still advantageous for bulls
Nifty rallied 1.4 percent and is now less than 2 percent away from record high while Sensex added 508 points or 1.33 percent in the same period. Among sectors, Nifty Bank rallied 2.8 percent during the previous week, followed by Nifty Energy and Metal which gained 2 percent each. The broader markets outpaced frontline indices as Nifty Midcap index climbed 2.9 percent. Macro data is something ...
7m Apr 01, 2019
7m
1034: The Market Podcast | Domestic MFs, short term foreign funds pour in this week
The markets this week saw mid cap shares doing better than large cap shares. Sensex and Nifty have been inching closer to their record highs seen in August 2018. Brokers and fund managers believe that the market will reach a new high soon. Jerome Anthony gets in conversation with Moneycontrol Editor Santosh Nair to find out what happened in the market this past week, the key business events an...
9m Mar 29, 2019
9m
1033: Evening Walk on D-Street on March 29, 2019
What a comeback from the bulls as Nifty50 rallied 7.7 percent snapping three consecutive months of losing streak. The index rallied by 831 points in March to record its higher level since August 2018. The final tally on D-Street – the S&P BSE Sensex rallied 127 points to close at 38,672 while the Nifty50 rose 53 points to end at 11,623 on Friday. The Nifty50 closed at 11,680 on August 31, 2018.
9m Mar 29, 2019
9m
1032: Stock picks of the day on March 29, 2019
Syndicate Bank: Buy | Target: Rs 47| Stop Loss: Rs 41.5| Upside 9% The stock has shown immense strength in the last seven weeks and has rallied significantly. The stock has broken out a fresh from a ‘Double Bottom’ pattern on the weekly chart. We expect the stock to rally towards its potential target of Rs 47 in the medium-term. InterGlobe Aviation: Buy | Target: Rs 1540 | Stop Loss: Rs 1397 ...
5m Mar 29, 2019
5m
1031: A morning walk down Dalal Street | Life-time high around 11,760 possible if Nifty closes above 11,580
The Nifty not just reclaimed 11,550 on Thursday but also registered a fresh 6-month closing high while Sensex rallied by over 400 points on March 28. The Bank Nifty rose 3,631 points in March series, biggest ever gain in a series, and Nifty rallied 7.2 percent or 777 points in the same period to register its biggest gains since January 2015. Markets look upbeat ahead of the earnings season as...
7m Mar 29, 2019
7m
1030: NSE Invest O Cast episode 16: Asset allocation - how to make the most of it
It’s important to get your asset allocation mix right. All of us have different risk appetites. Some of us track our investments very closely while others just glance at them from time to time and this podcast will help one to figure out one's ideal asset allocation mix.
12m Mar 28, 2019
12m
1029: Digging Deeper: Is Europe going to lose its memes?
Today, we’re discussing Article 13, a piece of legislation that was passed by the European Union on 26 March, 2019. In a nutshell, Article 13 forces social media platforms, like Facebook, Google and YouTube, to have responsibility over unlicensed user-uploaded copyrighted material. In other words, people are up in arms that memes are under threat. And you know how the internet gets when you tak...
24m Mar 28, 2019
24m
1028: Evening Walk Down D-Street on March 28, 2019
A blockbuster day for India markets! The Nifty50 not just reclaimed 11550 levels but also registered a fresh 6-month closing high while Sensex rallied by over 400 points on Thursday. The final tally – the S&P BSE Sensex closed 412 points higher at 38,545 while the Nifty50 ended 124 points up at 11570.
10m Mar 28, 2019
10m
1025: Digging Deeper - India's jobs data: Who has the right numbers
In this edition of Digging Deeper, we try to make sense of what is really going on with the employment data in India.
22m Mar 28, 2019
22m
1027: Stock picks of the day on March 28, 2019
RBL Bank: Buy| CMP: Rs 668.50 | Target: Rs 722|Stop Loss: Rs 644|Return 8% The stock has given consolidation pattern breakout which pushed the price higher. In addition, the price has moved above the previous swing high. Weekly RSI (14) is in bullish crossover and rising with a current reading of 69. Traders can accumulate the stock in the range of 665-670 for the target of 722 with a stop lo...
5m Mar 28, 2019
5m
1026: A morning walk down Dalal Street | Strength in Nifty possible only if index closes above 11,550
Indian market took a U-turn in the second half of the trading session on Wednesday. The S&P BSE Sensex fell by about 100 points while Nifty failed to hold on to 11500 levels ahead of F&O expiry on Thursday. Indian markets witnessed profit taking at higher levels which suggest that for bulls to take control, Nifty50 has to close above 11550 levels convincingly. The final tally – the S&P BSE Se...
6m Mar 28, 2019
6m
1023: Pick of the day: Naresh Goyal’s exit from Jet Airways
Finally, the Jet Airways saga seems to be coming to a point of resolution. At least, the first few knots, the most difficult ones, have been unravelled by the resignation of Naresh Goyal from the chairmanship of Jet Airways and the stepping down of Goyal and his wife Anita from the board of directors. This development happened after Monday’s conclusion of a monster board meeting running across ...
9m Mar 27, 2019
9m
1024: Evening Walk Down D-Street on March 27, 2019
A complete U-turn seen on Indian markets post 01:30 pm caught many by surprise. The Nifty50 put up a strong show of over 100 points on Tuesday but bulls failed to keep the momentum going at higher levels on Wednesday. Benchmark indices wiped out some of the gains made in the previous trading session. The S&P BSE Sensex fell by about 100 points while the Nifty50 failed to hold on to 11,500 leve...
9m Mar 27, 2019
9m
1022: Stock picks of the day on March 27, 2019
Asian Paints: Buy above: Rs 1500| Target: Rs 1540 | Stop loss: Rs 1460 Asian Paints is a strong stock in the consumption space. Put Writing was seen at at-the-money (ATM) and out-of-money (OTM) strikes. Base put at ATM 1440 strike is higher than any call strike for the current series indicating expectation limited downside. LIC Housing Finance: Buy above Rs 535| Target: Rs 548| Stop loss: Rs ...
6m Mar 27, 2019
6m
1021: A morning walk down Dalal Street | Bulls can take Nifty near 11,600 if short covering continues ahead of expiry
Strong liquidity push by FIIs put bulls back in driving seat. FPIs poured in close to Rs 1000 crore in Indian markets while DIIs were net sellers to the tune of Rs 196 crore on Tuesday. Value buying at lower levels pushed the S&P BSE Sensex above 38,000 while the Nifty50 closed just a shade below 11,500 levels. The market breadth was tilted towards the buyers and majority of the sectoral indi...
7m Mar 27, 2019
7m
1020: Evening Walk Down D-Street on March 26, 2019
Indian market recovered after falling for three consecutive sessions on Tuesday. Value buying at lower levels pushed the S&P BSE Sensex above 38,000 while the Nifty50 closed just a shade below 11,500 levels. The final tally on D-Street – the S&P BSE Sensex closed 424 points higher at 38,223 while the Nifty50 ended 129 points up at 11,483. On the sector front, banking was the top outperformer ...
4m Mar 26, 2019
4m
1016: Digging Deeper: Who's Afraid of AI Art?
On this edition of Digging Deeper, we will try and understand the intervention of Artificial Intelligence in the realm of art – this time, visual art – which once upon a time drew its meaning from the organic relationship between an artist's imagination and his or her tools of creation. What these modern brushstrokes mean for the world of art is what we discuss today with me Rakesh Sharma on Mo...
29m Mar 26, 2019
29m
1017: NSE Invest O Cast Episode 15: Read more to invest better
National Stock Exchange (NSE) with the help of Invest – O- Cast (An exclusive investor podcast) Powered by MoneyControl is committed to break the limitations of geographical boundaries and reach investors across the country. In today’s episode we are going to look at reading, the books you can read, when should you read, and why should you read.
19m Mar 26, 2019
19m
1019: Stock picks of the day on March 26, 2019
The markets settled almost flat in the holiday-shortened week, taking a breather after the recent surge. Participants took note of the narrowing trade deficit figure and continuous inflow of foreign funds, which aided index to inch higher in the initial trades. However, profit taking in the last two sessions trimmed gains. A mixed trend was witnessed on sectoral front wherein banking, IT, and ...
6m Mar 26, 2019
6m
1018: A morning walk down Dalal Street | For bulls to regain control, Nifty must close above 11,395-11,434
The S&P BSE Sensex breached 38,000 on the downside while the Nifty50 slipped below 11,400. Both global, as well as domestic factors, led the fall on Indian markets. Fears of global slowdown fuelled by US Fed to effectively move away from hiking interest rates and the inversion of US bond yield curve (between 3 months and 10 year) has led to concerns of the possibility of US economic recession....
8m Mar 26, 2019
8m
1015: Evening Walk Down D-St, 25 Mar '19 | Day of Consolidation; Chat with Chandan Taparia
8m Mar 25, 2019
8m
1014: Stock picks of the day: Here's why you should buy Jubilant Foodworks and Sundram Fasteners
Last week was more of consolidation week for our markets after the recent run from lower levels. We started trading for the week on a positive note and then continued our march higher towards the next psychological junction of 11,500. Since the overall optimism was so high, the Nifty50 did manage to test and even surpass this level during the week. But, during the latter half of the week, inde...
6m Mar 25, 2019
6m
1013: A morning walk down Dalal Street | Bigger correction on cards if Nifty closes below 11,412-11434
Profit booking hit D-Street as both Sensex and Nifty closed off from their respective highs. The S&P BSE Sensex held on to its crucial psychological support at 38000 while the Nifty50 failed to close above 11500 levels for the week ended March 22. On a weekly basis, Nifty50 closed marginally in green while the Sensex rose 0.37 percent. The S&P BSE Mid-cap index slipped 0.59 percent on Friday ...
6m Mar 25, 2019
6m