689: An evening walk down Dalal Street on December 11, 2018
In what was anticipated to be a day of bloodbath on D-Street, a trend reversal in the last few hours of trade helped Indian shares close on a positive note. An abrupt resignation by RBI governor Urjjit Patel late on Monday, along with jitters among investors who bet on a stable government added to the negative sentiment. In fact, overnight, the Nifty futures on Singaporean Exchange fell 450 p...
4m Dec 11, 2018
4m
688: Stock picks of the day for December 11, 2018
ABB India Ltd: Buy| LTP: Rs 1397| Target: Rs 1480 | Stop-Loss: Rs 1350 | Return 6% In the recent correction, ABB has shown strength as it is trading at a two-month high. ABB’s primary trend is positive where the stock price is trading above its 5,20 and 200-DMA. Oscillators and momentum Indicators like RSI and MACD is showing strength on daily charts. The large-cap Capital goods stocks are sh...
6m Dec 11, 2018
6m
687: A morning walk down Dalal Street | All eyes on state elction results, RBI Governor's resignation to weigh in
Bears took control of D-Street from the word go as Sensex and Nifty recorded their biggest 1-day fall in the past 2-month. The Nifty50 has turned negative for the year 2018. Both Sensex and Nifty gave up their crucial support levels. The S&P BSE Sensex breached below its crucial support placed at 35000 while the Nifty50 broke below 10,500 levels which suggests more pain ahead. Weak global cue...
5m Dec 11, 2018
5m
686: Podcast | Digging Deeper - Alliances in the FMCG beverage space
Just as most evolving, expanding segments tend to be, the fast moving consumer goods (FMCG) business in India, too, is in a flux. India Brand Equity Foundation (IBEF) would have you know that FMCG is the 4th largest sector in the Indian economy. Household and personal care products make up for over 50 percent of this sector with healthcare accounting for 31 percent and food and beverages accoun...
11m Dec 10, 2018
11m
663: Air India: A Safe Landing in Sight for the Maharaja
In this podcast, we will try and explore the bailout package for Air India in detail, but first the back story.
11m Dec 10, 2018
11m
685: An evening walk down Dalal Street on December 10, 2018
Bears took complete control on D-Street, as benchmark indices shed nearly 2 percent. Weak global cues, reactions to exit polls as well as weak macro data weighed big on Sensex and the Nifty. The 50-share index ended the session below 10,500. Selling was visible across all sectors, with maximum pain seen among banks, automobiles, energy, consumption and pharmaceuticals, among others. At the c...
5m Dec 10, 2018
5m
684: Stock picks of the day for December 10, 2018
Dabur: LTP: Rs 411| Stop Loss: Rs 395| Target: Rs 463| Return 12% Dabur formed an Impulse on the upside from the level of Rs 362 till Rs 426 and has retraced the same till 38.2% retracement mark which is also a key Fibonacci level, the stock has started rallying again. In the last session, the stock has crossed a falling trendline on the hourly chart. Axis Bank: Sell| LTP: Rs 603| Stop Loss: ...
4m Dec 10, 2018
4m
683: A morning walk down Dalal Street | Macro data, state election results hold key
D-Street snapped the 3-day losing streak on Friday; however, it closed lower for the week. Let’s look at the data. For today, Sensex ended 361 points up at 35,673. However, for the week, the index closed 1.4 percent lower. The coming week will be guided by macro data as well as state election results. Apart from that movement of crude oil price, rupee FIIs flows as well as trade talks will be...
4m Dec 10, 2018
4m
682: THE GROWTH OF INDIVIDUAL WEALTH IN INDIA
Karvy Private Wealth, a subsidiary of the Karvy Group, announced yesterday that individual wealth in India grew by 14% in the last financial year to reach Rs 392 lakh crore. Moneycontrol reported that the results of Karvy’s research that were released in Mumbai on December 6 provide a good overall view of all the asset classes that contributed to wealth creation in the last 12 months. It noted ...
10m Dec 07, 2018
10m
681: India Will Be Home to the Top Ten Growing Cities of the World, But at What Cost?
Bullet point journalism can be called reductionist or accessible depending of which side of the argument you are on but economic and political surveys are tricky things to be summed up in top ten lists. It is however our job to bring to you the nuance and the subtext beyond the headlines and so in this Money Control podcast , we will attempt to decode the Oxford Economics' report called Global...
8m Dec 07, 2018
8m
679: Stock picks of the day for December 07, 2018
PVR: Buy above 1531| LTP: Rs 1489| Target 1700| Stop Loss: Rs 1428| Return 14% Looking at the weekly chart, the stock has been correcting in a ‘Downward Sloping Channel’ pattern since the beginning of May 2017. Subsequently, the stock formed strong base near 1100 – 1060 zone and rebound sharply. As a result, PVR broke the upper band of the channel pattern which led to a breakout. The weekly R...
6m Dec 07, 2018
6m
678: A morning walk down Dalal Street | Expect sharp correction if Nifty slips below 10,500
Indian markets cracked on Thursday tracking weak trend seen in other Asian markets. The S&P BSE Sensex plunged 572 points while Nifty50 lost 181 points to end at 10,601. The total market capitalisation of BSE listed fell by Rs 2.28 lakh crore. Traders also remained cautious ahead of five states elections exit poll due on Friday evening and result on December 11 as well as OPEC meeting. Both ...
4m Dec 07, 2018
4m
677: Volkswagen's Electric Act II: No New Gas-Powered Cars Post-2026
Alex Gibney, the Oscar-winning documentary filmmaker, best known for his films like Going Clear: Scientology and the Prison of Belief, Enron: The Smartest Guys in the Room, and Taxi to the Dark Side, recently made a documentary series for Netflix called 'Dirty Money.' The very first episode dealt with what has come to be called 'Dieselgate' or 'Diesel Dupe.' About three years ago, in September ...
12m Dec 06, 2018
12m
676: The Life and (Bad) Times of Vijay Mallya, King of Good Times (Retd.)
The king of good times is now a fugitive businessman and there may be a Bollywood script somewhere coming together to sum up the rather incredible riches to ignominy tale of Vijay Mallya. This is a fall that is both tragic and symptomatic of the excesses of our times. A story that we will try and sum up in this Money Control Deep Dive.
12m Dec 06, 2018
12m
675: An evening walk down Dalal Street on December 6, 2018
Benchmark indices corrected sharply for the second consecutive session in line with global weakness on Thursday, ahead of a crucial OPEC meeting decision due later in the day. In intraday trade, the Sensex fell more than 600 points and the Nifty broke 10,600 levels. Traders also remained cautious ahead of five states elections exit poll due on Friday evening and results on December 11. The we...
4m Dec 06, 2018
4m
674: Stock picks of the day for December 06, 2018
TCS: Buy| LTP: Rs. 2006.75 | Target: Rs 2170| Stop Loss Rs.1919| Return 8% On the daily chart, the stock has moved up above the previous inflection point after making a double bottom. In addition, the price has moved above its 38.20 percent Fibonacci retracement level of the previous fall from 2275 to 1784. The daily momentum indicator is in a bullish crossover with a current reading of 59.99...
6m Dec 06, 2018
6m
673: A morning walk down Dalal Street | Close above 10,930 can put bulls back in control
A weak day for Indian markets thanks to global cues but benchmark indices managed to pull back slightly towards the close of the session. The S&P BSE Sensex which was down over 300 points recouped some losses and closed 249 points down at 35,884. The Nifty50 witnessed deep cuts as it slipped below its crucial support placed at 10800 levels. The index finally closed 86 points down at 10,782. T...
5m Dec 06, 2018
5m
672: MC-DD-05122018-OPEC meet's outcome may affect Indian markets
Investor sentiments are tied up to virtually every conceivable factor from global crude oil prices to results of impending elections. On December 3, Indian Express reported that the strength of the Sensex, Nifty had ended flat over weak rupee and macro data. Macro economic data, as you know, is based on the examination of factors such as inflation, price levels, rate of growth, national income...
11m Dec 05, 2018
11m
671: An evening walk down Dalal Street on December 5, 2018
It’s a negative close for the market for second consecutive session as investors reacted to the stance on interest rates by the Reserve Bank of India. The Monetary Policy Committee (MPC) kept interest rates unchanged, but sharply cut the inflation targets for October-March. However, equity benchmarks are off their low points as the Sensex had cracked over 300 points, while the Nifty tested 10,...
4m Dec 05, 2018
4m
668: MC-DD-04122018-Piecing together the IL&FS conundrum
Mumbai-based Infrastructure Leasing & Financial Services (IL&FS) has been at the centre of a whirlwind controversy and before we explore this story in detail in this Money Control Deep Dive , let us find out a bit more about the backdrop against which this saga has unfolded.
13m Dec 05, 2018
13m
670: Stock picks of the day for December 05, 2018
Tata Consultancy Services Limited: Buy| Target: Rs 2180| Stop Loss: Rs 1890| Return 9% After taking support at its 200-days exponential moving average, it formed a double bottom pattern on the daily charts. The stock witnessed a sharp short covering in prices and once again reclaimed Rs 2000 levels. In Tuesday’s session, the stock has given a fresh breakout above the rectangle pattern along w...
5m Dec 05, 2018
5m
669: A morning walk down Dalal Street | RBI may maintain status-quo on rates with support for Nifty at 10,747
The S&P BSE Sensex dropped by over 100 points to close at 36,134 while the Nifty50 end 14 points lower at 10,869. Investors remained cautious ahead of the outcome of the Reserve Bank of India's (RBI) monetary policy meeting. The Monetary Policy Committee (MPC) will conclude its two-day meet on December 5, 2018. Sectorally, IT index rose 1.7 percent while Oil & Gas rose 0.8 percent and on the ...
4m Dec 05, 2018
4m
668: An evening walk down Dalal Street on December 4, 2018
Shares have closed lower, amid caution ahead of RBI’s monetary policy committee meeting outcome on Wednesday. Uncertainty over US-China trade truce has also weighed on indices. Additionally, rise in crude oil prices as well as some negative moves on the rupee impacted the market too. Among sectors, weakness was visible among automobiles, banks, consumption and infrastructure names, while IT a...
3m Dec 04, 2018
3m
667: Podcast | Editor's Pick of the Day - Rajasthan polls: The final countdown
When Democratic nominee for the US Senate race Robert Francis "Beto" O'Rourke conceded an election to Republican Ted Cruz in Texas some time back, nobody knew for sure if he had also conceded that there is always a certain collective of people that votes for entrenched familiarity and not change. This is more or less true for all democracies where certain electoral battles, if not all are fough...
12m Dec 04, 2018
12m
666: Stock picks of the day for December 04, 2018
SBI: Buy| LTP: Rs 287| Target: Rs 308 | Stop-Loss: Rs 273| Return 7% The stock price of SBI has been consolidating for the last one month. The primary trend of the stock is bullish with higher tops and higher bottoms. The short-term moving averages have been holding above the long-term moving averages. PSU Banking stocks have been witnessing a long build-up in the derivative segment. Conside...
6m Dec 04, 2018
6m
665: A morning walk down Dalal Street | Nifty to find support around 10,750, stay cautious while picking stocks
A day of consolidation for Indian markets. The S&P BSE Sensex which rallied by over 200 points in the opening trade pared gains and closed 46 points higher while the Nifty50 ended just 7 points up to close at 10,883 on Tuesday. Markets settled almost flat for the second consecutive session. A rise in crude oil prices due to trade truce and a resultant strengthening of the dollar could have imp...
5m Dec 04, 2018
5m
664: MC-DD-03122018-US and China's trade truce may just turn out to be an eye-wash
We will try and decode the implications of this trade truce between the two economic giants but as always, it is important to understand the context of this meeting.
17m Dec 03, 2018
17m
664: An evening walk down Dalal Street, 03 Dec '18 | Sensex, Nifty end flat amid good global cues; Sun Pharma cracks
5m Dec 03, 2018
5m
662: Stock picks of the day for December 03, 2018
V-Guard Industries Ltd: Buy | Target: Rs 221 | Stop-Loss: Rs. 195 | Return 5% V-Guard Industries continued to trade with positive momentum for consecutive session after slipping below its 200-days moving average placed at 202 odd levels during the last three months. During the last five sessions, it managed to break out from crucial resistance of 200-days EMA level on closing basis taking a s...
8m Dec 03, 2018
8m
661: A morning walk down Dalal Street | Market likely to remain volatile ahead of MPC meet outcome with support at 10,650
The index rallied 3.3 percent for the week ended November 30 while for the month, the index witnessed a gain of about 5 percent. It was indeed a historic month for Indian markets as Nifty and Sensex breached their respective resistance levels on the upside. The S&P BSE Sensex reclaimed Mount 36K while the Nifty50 had a touch-and-go-moment with 10900 levels. Most experts feel that this week i...
5m Dec 03, 2018
5m
660: J&J Hip Implant Saga: Compensation Finally Approved
On Moneycontrol, we have been following the fall out of Johnson and Johnson Pvt Ltd's faulty hip implants in India. And now after prolonged suffering, the patients finally have a reason to celebrate at least a financial respite. On this Moneycontrol podcast, we follow the latest development in the story.
7m Dec 01, 2018
7m
659: Digging Deeper | Decoding the pre-election sops to MSMEs
The frenetic election season will bring with it controversies, sops, slogans, rallies and a lot more and media platforms will as always struggle to keep up with it all. From the time the government reached out to Micro, Small and Medium Enterprises (MSMEs) with overtures to boost their growth, analysts have tried to understand not just the reasons and the implications of the move but the fine ...
20m Dec 01, 2018
20m
658: An Evening Walk Down Dalal St, 30 Nov '18 | Subdued Start to December Series
5m Nov 30, 2018
5m
656: Stock picks of the day for November 30, 2018
Dr Reddy’s Laboratories Ltd: Buy around 2650 – 2625| LTP: Rs 2652| Target: Rs 2900| Stop Loss: Rs 2520| Return 9% After confirming its breakout from broad “Descending Triangle’ pattern, the stock consolidated in a range and formed a triangle pattern on the daily chart. During the last week, the stock confirmed its breakout from symmetrical triangle pattern, however, the follow-up buying was m...
7m Nov 30, 2018
7m
655: A Morning Walk Down Dalal Street | Move Above Resistance of 10780 Indicates Bullish Bias But Concerns Remain
Sensex jumped by over 450 points to reclaim Mount 36K while Nifty saw a rally of over 100 points to close above 10850. From expiry to expiry perspective, Nifty rose more than 7 percent to post its highest single series gain since March 2016. Nifty rollovers stand at 71 percent which is higher than the 3-month average of 68 percent, but lower than November series rollover of 75 percent. Well,...
5m Nov 30, 2018
5m
657: GDP Data Revision: The Basics in a Nutshell
The recalibration was done entirely by the Ministry of Statistics and vetted by the ministry's experts. Srivastava said that the announcement of the revised methodology was done jointly by the Chief Statistician Officer and NITI Aayog.
17m Nov 29, 2018
17m
654: Podcast | Digging Deeper: E-learning Is Changing India's Mindscape
On November 24, 2018, Vamsi Krishna, CEO & co-founder of Vedantu, told Mint that his Bangalore-based e-learning company had managed to raise $11 million in a Series B funding round. Vedantu is of course an interactive online tutoring platform where teachers provide school tuitions to students over the internet, using a real-time virtual learning environment named WAVE, a technology built in-hou...
21m Nov 29, 2018
21m
653: An Evening Walk Down Dalal St, 29 Nov '18 | Bumper Day of November F&O Expiry; Sensex Up 450 Pts and Nifty Ends at 10,858
6m Nov 29, 2018
6m
652: Stock picks of the day for November 29, 2018
Mphasis: Buy| CMP: Rs.955.50 | Target Rs 1044| Stop Loss: Rs.914| Return 9% The stock, after a downward consolidation, has moved up with a strong momentum. The sudden rise in price was backed by a spike in volumes. A positive divergence is visible on the daily momentum indicator RSI (14) which suggests that there could be a positive shift in the price momentum. In addition, a hammer kind of ...
6m Nov 29, 2018
6m
651: A morning walk down Dalal Street | Expiry should ideally happen in the range of 10500-10800 levels
A strong day for Indian markets; however, the momentum did fizzle out towards the close of the trade. Nifty did climb its 200-DMA placed at 10,744 but failed to close above the same which suggest pressure at higher levels. The final tally – the S&P BSE Sensex rose 203 points while the Nifty50 rallied 43 points to close at 10,728. Sectorally, IT stocks led the rally on D-Street with Infosys an...
5m Nov 29, 2018
5m
649: Bitcoin: A Cryptic Story
In today's Moneycontrol podcast, we will trace the Bitcoin story and its recent dramatic turns.
11m Nov 28, 2018
11m
650: An Evening Walk Down Dalal St, 28 Nov '18 | Bulls Continue Their Run for 3rd Consecutive Session; Nifty Above 10,700
4m Nov 28, 2018
4m
648: Digging Deeper | Band Baaja Billions: The Business of Weddings
 In 2010, a sleeper Yash Raj hit called Band Baaja Baraat rejigged a lot of things not just in the Hindi film industry but in the way middle-class India looked at the business of weddings. It spun a story that blended the youthful yearning for a better life with the idea that even small budget weddings could be managed professionally. Just a delicious twist of fate that both stars of the film ...
19m Nov 28, 2018
19m
647: Stock picks of the day for November 28, 2018
State Bank of India: Buy| Target: Rs 305| Stop Loss: Rs 272| Return 7% After a sharp recovery from 245 levels, the stock surpassed its short and long-term moving averages and has been consolidating in a range of 275-295 from the last three weeks. On the daily charts, the stock has formed a bullish flag pattern and is on the verge of a breakout above the falling trend line of the pattern. The...
6m Nov 28, 2018
6m
646: A morning walk down Dalal Street | Bulls to take control only if Nifty closes above 10774
Global cues suggested a muted opening but bulls managed to take control in the second half of the trading session despite muted trend seen in Asian as well as European markets. The final tally: The S&P BSE Sensex rallied 159 points higher at 35,513 while the Nifty50 closed 57 points higher at 10,685. A rally among PSU banks, energy names as well as IT boosted the market while on the losing fr...
5m Nov 28, 2018
5m
645: Digging Deeper | Has Apple Bitten Off More Than It Can Chew?
In this Money Control Deep Dive, we will discuss if eight years later, Apple inspires the same faith considering that for the first time in years, Apple gave up its crown briefly as the world’s most valuable publicly traded company
13m Nov 27, 2018
13m
644: An Evening Walk Down Dalal St, 27 Nov '18 | Bulls Maintain Momentum; PSU Banks Rally
4m Nov 27, 2018
4m
643: Podcast | Editor's Pick of the Day - Cashless ATMs: Any Time Mayhem?
Madan Sabnavis, chief economist, CARE Ratings, wrote a piece on November 14, 2016 in Firstpost that summed up the dizzying chaos of the early days of demonetisation. Among other things, he described the stress and heartburn caused by the disruption of Automated Teller Machine (ATM) services in just one part of the country. A metro like Mumbai. He wrote, "The ATM story is still bizarre. On the ...
13m Nov 27, 2018
13m
642: Stock picks of the day for November 27, 2018
ITC Ltd: Buy| LTP: Rs 286| Target Rs. 304 | Stop-Loss: Rs 276 | Return 6% ITC has given a breakout on the daily chart by closing above the strong resistance level of Rs 285 with higher volumes. The stock price is also on the verge of giving a breakout above the downward slopping trend line on the daily chart. The momentum indicators and Oscillators like RSI and MACD are also showing strength ...
7m Nov 27, 2018
7m
641: A morning walk down Dalal Street | Volatility to continue in near term, rally only possible if Nifty crosses 10,774
What a day for Indian markets! After a muted start we saw bulls which took control over D-Street in the second half of the trading session. The finally tally -- the S&P BSE Sensex rose 373 points to close at 35, 354 while the Nifty50 rallied 101 points to end at 10,628. The recent correction in crude oil prices and subsequent recovery in rupee has raised hope of status quo by the RBI in revie...
5m Nov 27, 2018
5m