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.
19m Jan 11, 2019
19m
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
763: Podcast | Digging Deeper: Swiggy to Zomato - Food delivery apps under greater scrutiny
Last year, as online food ordering application Zomato turned 10, it proclaimed its desire to be a 'farm-to-mouth' food company. It also acquired TongueStun, a startup in the corporate catering space for a speculated sum of $18 million, as also a drone delivery startup called TechEagle Innovations with a hope to start delivery by unmanned aerial vehicles (UAVs) at some point, and even seemed poi...
21m Jan 04, 2019
21m
762: An evening walk down Dalal Street
Buying counters were buzzing in the last couple of hours for the market, helping them not only recover from low points, but also end the week on a strong note. Except IT names, investors bought across sectors, with maximum gains seen among metals, energy and banks, among others. The Nifty Midcap index ended higher too. The day began on a flat note, with indices taking mixed cues from global m...
4m Jan 04, 2019
4m
1: The Market Podcast: Apple's forecast cut, market volatility and PM's revelation on Urjit Patel
The Market Podcast gets you up to speed on all the important market action that transpired during the week in under five minutes.
7m Jan 04, 2019
7m
761: Stock picks of the day for January 04, 2019
Ujjivan Financial Services: Buy| Target: Rs 305| Stop Loss: Rs 275| Upside 7% The stock has shown a lot of resilience despite the sell-off witnessed in the overall markets. The stock has in fact broken out from the consolation base and the price outburst has been accompanied by a smart uptick in traded volumes. It has also held convincingly above the 100-DEMA. Every long position should be pr...
5m Jan 04, 2019
5m
760: A morning walk down Dalal Street | Break below crucial support at 10600 would extend fall further towards 10500
The dark clouds continue to hover around D-Street as Nifty fell another 100 points to close the day below 10700 levels on Thursday. Weak global cues could be blamed for the fall in the markets while weakness in metals and autos continue to drag markets lower. The collapse in equity markets in the past two sessions has led investors to lose over Rs 2.66 lakh crore, according to data available o...
5m Jan 04, 2019
5m
759: MC-EWDS-03012019
4m Jan 03, 2019
4m
758: Podcast | Digging Deeper: Banks need to work on their NPA issues
2018 was a difficult year for banks - their reputations suffered massively after it came to light that most of them had large NPAs, sins they committed knowingly. One year prior, in 2017-18, the gross NPA ratio of all scheduled commercial banks reached 11.2 percent of the gross advances, up from 9.3 percent a year before. Public sector banks, which account for nearly 70 percent of the advances,...
10m Jan 03, 2019
10m
757: Stock picks of the day for January 03, 2019
Balrampur Chini Mills: Buy| CMP: Rs.104.50 | Target: Rs 114-116.50| Stop Loss: Rs 100| Return 11% The stock has given a falling trendline breakout which suggests the optimism in the stock has increased significantly and the trend has reversed now. On the weekly chart, the stock has formed a cup and handle pattern. The daily strength indicator has entered into a positive crossover and rising. ...
5m Jan 03, 2019
5m
756: A morning walk down Dalal Street | Weakness likely to continue, Nifty may hit 10,500
The final tally on D-Street – the S&P BSE Sensex closed 363 points lower to end at 35,891 while the Nifty50 ended 117 points to close at 10,792. The 200-DMA for Nifty is placed around 10780. Well, there are a lot of reasons which weighed on markets. Weak global cues to start with was a major overhang in the morning as most of the global markets resumed trading after New Year holiday. Apart fr...
5m Jan 03, 2019
5m
754: Digging Deeper | Flipkart and Amazon Dealt Blow by Govt's New E-Commerce Policy
The Republic Day sale coming up on the 26th of January may be the last big sale for both Flipkart and Amazon in India. This comes in the wake of the government tightening norms for e-commerce firms. The new norms are set to come into effect from the 1st of February this year. What these new norms are; how these norms affect e-tailers and offline retailers; what these new guidelines mean for th...
14m Jan 02, 2019
14m
755: An evening walk down Dalal Street, 02 Jan '19 | Sensex Down Over 360 Points; Auto and Metals Crack
4m Jan 02, 2019
4m
753: Stock picks of the day for January 02, 2019
DCB Bank Limited: Buy| Target: Rs 179| Stop Loss: Rs 156| Return 8% After a V-shaped recovery from Rs 148 levels, this week stock has given a fresh breakout above its 200 days exponential moving average on daily charts. On the technical front, a breakout above the bullish flag pattern can also be observed above the Rs 169 levels. Traders can accumulate the stock in a range of Rs 165-169 for t...
4m Jan 02, 2019
4m
752: A morning walk down Dalal Street | Positive momentum possible only if Nifty holds 10,850
Both indices managed to reclaim crucial resistance levels towards the close of the trade. For Sensex, it was 36000 while for Nifty, it was 10900. Most experts are of the view that as long as Nifty holds above 10800, bulls should remain in charge of D-Street. On the macro front, govt will unveil manufacturing PMI data for the month of December. The activity improved in November and touched an 1...
6m Jan 02, 2019
6m
751: An evening walk down Dalal Street on January 1, 2019
It’s a strong start to the New Year for equities as bulls took complete charge in the last hour of trade. The Nifty reclaimed 10,900-mark setting it on track to move towards 11,000 as well. Meanwhile, the Sensex ended above 36,000-mark. Barring auto and consumption sectors, all other sectors ended in the green. HDFC Group twins and ICICI Bank supported the rally. The session had a tepid start...
3m Jan 01, 2019
3m
750: Digging Deeper | Tech Trends in 2019
The latest tech trends of 2019
14m Jan 01, 2019
14m
749: Stock picks of the day for January 01, 2019
Tech Mahindra Ltd: Buy| LTP: 723| Target: Rs 780 | Stop-Loss: Rs 690| Return 8% Tech Mahindra is best-performed among the technology stocks, where it gained by 43 percent in the CY18 as against the 23 percent rise in the Nifty IT Index. After taking support around 200-day SMA multiple times during last couple of months, stock price reversed northward to close at highest level since 05- Decemb...
6m Jan 01, 2019
6m
748: A morning walk down Dalal Street | Low volumes likely, but watch out for auto sales data, macro numbers
The S&P BSE Sensex rose nearly 6% while the Nifty50 rallied a little over 3% in the year 2018. However, the big carnage was seen in the broader market. The S&P BSE Mid-cap index fell by 13% while the S&P BSE Small-cap index was down by 24% in the year 2018. As we step into the New Year, analysts expect low volumes during the week, as worldwide financial markets will remain closed on Tuesday on...
5m Dec 31, 2018
5m
747: MC-EWDS-31122018
It’s a rather somber end to the market on the last trading session of 2018. Mixed Asian and European cues kept the market in check. The Nifty ended 2018 below 10,900. Weakness was visible among index heavyweights, which dragged the indices. Meanwhile, among sectors, auto, metals and pharmaceuticals were all trading in the green. The day began with a gap-up opening, as indicated by trends on S...
5m Dec 31, 2018
5m
745: A morning walk down Dalal Street | Nifty must hold above 10750-10777 to extend move towards crucial hurdle of 10985
A strong December expiry and rollover to January series suggest that the momentum should continue on the higher side. On a weekly basis, Nifty rose nearly 1% but formed a Hammer-like pattern on a weekly scale which suggests we could be bearing the top, and now require follow up buying. But, if we look at the rollover data which stood at 74.27% for January series suggest that the momentum shou...
5m Dec 31, 2018
5m
746: MC-SPOD-31122018
6m Dec 31, 2018
6m
744: An Evening Walk Down Dalal St, 28 Dec '18 | A Green Start for January Series
4m Dec 28, 2018
4m
743: Digging Deeper | Three Weddings and a Funeral - 2018 in Indian Entertainment
The story of the Hindi film industry this year was as befuddling as Sriram Raghavan's Andhadhun where nothing was as it appeared to be. And when the only predictable blockbusters were filmy weddings starring Sonam Kapoor and Anand Ahuja, Deepika Padukone and Ranveer Singh, Priyanka Chopra and Nick Jonas. These extended celebrations "broke the internet," engaged frenetically tweeting fingers an...
19m Dec 28, 2018
19m
742: Stock Picks of the Day | Use Pullback towards 10900-10950 to book profit in longs
The persistent sell-off in the US market eventually put break on an ongoing optimism seen in our market and nifty nosedived sharply in last Friday’s session. During the week, Nifty tumbled further after forming a Bearish Divergence pattern and registered a low of 10534.55 during Wednesday’s trading session. Subsequently, the selling pressure exhausted, and index saw decent recovery in line with...
6m Dec 28, 2018
6m
741: A morning walk down Dalal Street | Minor pullback likely in metal, auto, cement & pharma sectors
After closing the December series on a positive note, investors for the new series is likely to focus on movements on global markets as well as crude. On Thursday, a sell-off in banks and automobiles, among others weighed on indices. Shares began on a much higher note as global cues favoured the rally in Indian indices. At the close of market hours, the Sensex was up 157.34 points or 0.44% a...
4m Dec 28, 2018
4m
740: Podcast | Digging Deeper - The Best Year in International Sports (Since 2017)
2018 has been a great year for sports. We say that every year, of course. Every season is sports season; it's summer somewhere. We are watching a ball being kicked, hit, thrown, chucked, struck, caught, or not, all through the year. To say nothing of those games without balls. Sports are popular with young people sure, but even older fans who have an axe to grind are known to have terrified the...
15m Dec 27, 2018
15m