321: An evening walk down Dalal Street
After seeing fresh records and milestones during the week, it was an anti-climax ending for D-Street on Friday, with the Sensex ending over 150 points lower, while the Nifty giving up 11,450-mark. The 30-share index, which clinched 38,000 during the week, managed to end below that. The losses were largely a courtesy of big fall in banking names, led by State Bank of India. The lender declared ...
7m Aug 10, 2018
7m
320: Stock Picks of the Day on August 10, 2018
Kansai Nerolac: Buy| Target: Rs 561| Stop Loss: Rs 492| Returns 9% A three-month consolidation phase seems to have finally come to an end as the stock has finally broken out from an inverse head and shoulder pattern on the daily chart. The price outburst has been accompanied with a smart uptick in traded volumes. The stock has also convincingly managed to close above its short as well as long...
5m Aug 10, 2018
5m
319: Podcast | Editor’s pick of the day - Maratha protests redux
It was a day of Maratha protesters taking to the streets yet again. Agitating Maratha leaders had called for a statewide shutdown in Maharashtra on Thursday from 8 am to 6 pm. The protests went off largely peacefully except for a few skirmishes in Pune, Sholapur, Latur, among others. The events of the protest, and the reason why the Maratha protests happen so often (there have been 58 silent pr...
22m Aug 09, 2018
22m
318: A morning walk down Dalal Street | Stay cautious, use dips to buy stay cautious and use dips to buy on declines as long as Nifty holds 11,435
Indian market closed off record highs as investors preferred to book profits at higher levels. The S&P BSE Sensex closed above its crucial level of 38000 for the first time to hit a record high of 38,076.23 while Nifty came under the striking distance of hitting 11,500 levels. Banks led the rally for equity benchmarks, with major gains coming in from PSU banks. ICICI Bank and Axis Bank helped ...
5m Aug 09, 2018
5m
317: Podcast | How to manage your money on the go and travel smart
On this week's Digging Deeper - Freedom Week edition, Moneycontrol explores the financial freedom, to embrace the wanderlust in all of us.
15m Aug 09, 2018
15m
316: An evening walk down Dalal Street
Looks like there’s no stopping the bulls. Not only are they in the driver’s seat for August 2018, they are ensuring that the car is in for a long drive. They ensured that even after the Sensex clocked a fresh milestone of 38,000 on Thursday morning, it closed the day above this mark. The Nifty, too, wasn’t very far behind and ended at 11,470-mark. The levels are new all-time closing highs for ...
5m Aug 09, 2018
5m
315: Stock Picks of the Day on August 09, 2018
UltraTech Cement: Buy| CMP: Rs 4,241| Target: Rs 4690| Stop Loss: Rs 3965| Return 11%| Timeframe 6 months UltraTech Cement is the largest player in India with a capacity of ~96.5 MT and market share of over 23%. Within a secular up trend, the stock has undergone a secondary phase of correction. The recent breakout from the downward sloping channel (as shown in adjacent chart) signifies termin...
7m Aug 09, 2018
7m
314: Podcast | A Dravidian sun sets as M Karunanidhi passes away
One of the most important individuals in Tamil Nadu’s political history, M Karunanidhi, died yesterday, 7th August, at the of age 94. Tune in into a celebration of his life - with all its ups and downs - is our story of the day.
11m Aug 08, 2018
11m
313: A morning walk down Dalal Street: Stock specific volatility to continue
A strong day for Indian markets as benchmark indices closed at fresh closing record highs. The Nifty50 climbed 11,450 while Sensex rallied over 200 points. The Nifty50 formed a bullish candle on daily charts but analysts still advise investors to remain cautious. Buying in select Index heavyweights boosted benchmark indices and pushed them to finally close the day with gains of over 0.25 perce...
4m Aug 08, 2018
4m
312: Podcast | The business of Family: The Apeejay Surrendra group
Tune in to the rather interesting journey of the Apeejay Surrendra group, a sprawling conglomerate that employs over 43000 people in multiple operations in tea plantations and tea brands, fast-moving consumer goods, shipping, boutique hotels, real estate , bookstores and tea rooms, logistics and knowledge parks and much more
15m Aug 08, 2018
15m
311: An evening walk down Dalal Street
Bulls were back in the driver’s seat on Wednesday as sustained buying in banks ensured another record close for equity benchmarks. In fact, the Bank Nifty managed to clock 28,000 for the first time and ended above it. The Nifty, too, closed exactly at 11,450-mark, another milestone in its recent outperformance streak that the index has had. The day began on a very flat note, almost setting the...
4m Aug 08, 2018
4m
310: Stock Picks of the Day on August 08, 2018
The India Cements Ltd: Buy| Close: Rs 121.90| Target: Rs 145 | Stop Loss: Rs 110 | Return: 14.85% After marginal consolidation, the stock has given a breakout above Rs 118-119 levels on the daily scale with higher volumes. The daily momentum indicator, Relative Strength Index (RSI) reads at 62.45 levels, which is showing positive momentum. The MACD is also trading above the zero line with pos...
6m Aug 08, 2018
6m
309: A morning walk down Dalal Street: Stay cautiously optimistic, focus on stock specific opportunities
A day of consolidation for Indian markets. The S&P BSE Sensex which hit a record high of 37,876 but failed to hold on to gains and closed 26 points lower at 37,665 while Nifty rose to a high of 11,428 and closed just 2 points higher at 11,389. The index is witnessing selling pressure at higher levels which hints at some more consolidation at higher levels. For the upside to continue, most exp...
5m Aug 07, 2018
5m
308: Your assets are your frienPodcast | The Deep Dive: Your assets are your friends
Tune in to understand the many asset classes available to investors, and how they can function as good friends who look out for us at all times.
16m Aug 07, 2018
16m
307: An evening walk down Dalal Street
After days of positive moves, investors on Tuesday took a breather and ended around flat lines. The Sensex managed to end below 37,700. Meanwhile, the Nifty too slipped off its opening highs, but managed to end at an all-time closing high. The drag on indices was largely led by banks, which witnessed a profit booking after it saw a big rally on Monday. So, even better than expected results fro...
5m Aug 07, 2018
5m
306: Stock Picks of the Day on August 07, 2018
Kalyani Steel: Buy| LTP: Rs 282| Target: Rs. 305 | Stop-Loss: Rs 270 | Return 8% Kalyani Steel has given a bullish breakout on the daily chart on Monday by closing above the downward sloping trendline, adjoining the highs of 18-June-2018 and 10-July-2018. It also managed to close above the resistance level of Rs 278 with higher volumes to close at a two-month high. The stock price is trading ...
6m Aug 07, 2018
6m
305: A morning walk down Dalal Street: Nifty may consolidate around current level, maintain buy on dips approach
Another day of record highs for markets but the momentum fizzled out slightly towards the close. But, benchmark indices did manage to hit a fresh record closing high. What really stood out for was the listing of HDFC AMC. The stock eventually closed with a gain of 65% on the issue price at 1,100 at Rs 1815.95. The beginning was upbeat but profit taking in index majors capped upside as the ses...
5m Aug 07, 2018
5m
304: HDFC AMC has a blockbuster opening on Dalal Street
HDFC Asset Management Company (HDFC AMC), the country’s second largest mutual fund house, made its debut on the bourses earlier today, and from the looks of it, has had a bumper start. During its IPO run, it received a great response, and has now had an auspicious beginning on the bourses.
10m Aug 06, 2018
10m
303: An evening walk down Dalal Street
Another day, another record close for benchmarks! Bulls seem to be in no mood to give up their momentum as the market shrugged off any chances of having Monday blues to end the day at record closing highs. The week began on a strong note for the market with Nifty managing to scale 11,400 in the first few minutes of trade, while the Sensex too clocked 37,800-mark in the first hour. The rally w...
5m Aug 06, 2018
5m
302: Stock picks of the day: Nifty on track to hit 11400 but trade war woes to cap upside
The India equity market continued with upward momentum on a week-to-week (WoW) basis registering multiple lifetime highs on the price chart. However, the market turned cautious in two trading sessions to trade down on the backdrop of RBI’s rate hike coupled with re-escalation of trade tariff by US President which erased some initial gains. The Nifty index tested a major level just below 11,40...
7m Aug 05, 2018
7m
301: A morning walk down Dalal Street | Investors to keep an eye on earnings, trade war concerns
What a week for Indian markets. The Nifty climbed nearly 1% and is on track to hit 10400 levels, while Sensex closed above 37500 levels. After losing momentum in two straight sessions last week, Indian markets bounced back sharply on Friday. Going ahead, eyes would continue to remain on the trade war-related news along with the progress of monsoons domestically which has remained below normal...
4m Aug 05, 2018
4m
300: Deep Dive - Life Insurance
This week, we’re looking at what insurance provides as a financial instrument and why it essentially functions as a friend in need.
12m Aug 03, 2018
12m
299: Podcast | Visualise and strategise wealth creation via ELSS funds
Wealth creation is a complex subject. One that has inspired self-help books, films, seminars by financial gurus who have built multi-million dollar empires telling people how they can get rich quick. And of course there are the podcasts offering sage advice. Like the one, that you are listening to right now. Prudent investments can indeed help you to build your wealth profile in the long term....
11m Aug 03, 2018
11m
298: An evening walk down Dalal Street
Bulls took back all the momentum from bears on Friday, as benchmarks managed to end the day and week on a very strong note. The Sensex closed up over 390 points, while the Nifty scaled past 11,350. Both indices posted biggest one-day gains in more than a month. The day began on a positive note, as benchmarks mirrored the performance of global markets as well. But indices extended their gains i...
6m Aug 03, 2018
6m
297: Deep Dive: Friendship Week - Take care of your Friends and your Friends will take care of you - Part 3
It’s friendship week and we’re talking personal finance, so it is about time we discuss that one thing that is most like a friend to you and the family - insurance. When we talk about Insurance, we generally mean term insurance. It is essentially a no maturity plan, meaning it offers only financial protection in case of any eventualities. That is, of course, the main point of an insurance plan....
16m Aug 03, 2018
16m
296: Stock Picks of the Day on August 03, 2018
IndusInd Bank: Buy| Target: Rs 2,204| Stop Loss: Rs 1,931| Returns 9% One of the better-placed banks on the daily as well as on the weekly charts. In fact, after consolidating for over 11-weeks the stock has broken out from a consolidation pattern which is a very positive sign. The relative strength index (RSI) has held up above the 60 mark maintaining the strength in the current momentum. T...
5m Aug 03, 2018
5m
295: A morning walk down Dalal Street: Nifty may witness significant correction if it breaks below 11,210
Another day of consolidation in Indian markets, following weak global cues as well as profit booking in the market. The Sensex saw a cut of over 300 points, while the Nifty closed below 11,250 as well. India still managed to outperform the global indices which were mired in the red with a higher percentage of losses weighed down by trade war fears. After a status-quo policy from US Federal Re...
4m Aug 02, 2018
4m
294: PODCAST | All you need to know about the RBI rate hike
The RBI monetary policy committee (MPC) meeting was held for three days, and was concluded on Wednesday with the announcement of this policy decision among others. Along with the decision on repo rate, the RBI also takes the decision on reverse repo rate, inflation and GDP outlook.
14m Aug 02, 2018
14m
293: An evening walk down Dalal Street
After snapping a multi-day rally, equity benchmarks continued to fall for second consecutive day on Thursday, with the Nifty giving up 11,250-mark. The Sensex managed to end the day over 350 points lower. The selloff was led by sectors such as banks, automobiles, IT and energy, while pharmaceuticals stood out with gains of over a percent on the Nifty Pharma index. Profit booking post Reserve ...
4m Aug 02, 2018
4m
292: Stock Picks of the Day on August 02, 2018
Quess Corp Ltd: Buy | CMP: Rs 1,015.10 | Target Rs 1,094 | Stop Loss Rs 1,049 | Return 7.7% The stock has formed a bullish Cypher pattern on the daily chart which suggests a possibility of strong recovery in the stock price over the short term. In addition, a bullish ‘Harami’ candlestick pattern has formed which may propel a rally in the stock. A divergence in the daily RSI also indicates pos...
5m Aug 02, 2018
5m
291: A morning walk down Dalal Street: Nifty can march towards 11,450 once 11,390 is taken out
It was a day of consolidation for Indian markets. Sensex pared gains after hitting a record high of 37,711 while Nifty closed below 11,350 at 11,346 on Wednesday. The 25 bps rate hike by RBI was in line with expectations. Now, with 50 bps rate hike in quick succession, experts see the RBI to remain in the pause mode for at least couple of policy meets. The Federal Reserve upgraded its assess...
5m Aug 02, 2018
5m
290: Editor's pick of the day - All you need to know about RS Sharma's Aadhaar tweet fiasco
It all started innocently enough. Ram Sewak Sharma, the Chairman of the Telecom Regulatory Authority of India (TRAI) in all his RSS(Ram Sewak Sharma)-ness, said in an interview to The Print that “Aadhaar does not violate privacy and the government has a right to create such a database of residents since it gives subsidies.” Sharma, slated to retire from his current role as TRAI Chairman on Augu...
14m Aug 01, 2018
14m
Podcast | Deep Dive: How solid relationships with our money and our friends will make for a fulfilling and enriched life- Part 2
"Friendship and money: oil and water," said Mario Puzo, the man who wrote the ultimate tribute to transactional relationships and offers that could not be refused for very very good reasons. A book also known as The Godfather. In a lot of ways our relationship with money influences our relationships with people. If the first one is healthy, there is a very good chance that the positivity will ...
15m Aug 01, 2018
15m
289: An evening walk down Dalal Street
After several sessions of rally in the recent past, including fresh milestones being hit, equity benchmarks on Wednesday took a breather. The Sensex managed to snap its 4-day winning streak, while the Nifty ended just below 11,350. The downward move followed Reserve Bank of India’s decision to hike key interest rates by 25 basis points to 6.5 percent. The weakness was largely visible in bankin...
4m Aug 01, 2018
4m
288: Digging Deeper — Lohias: The poster children of immigration
Immigration has now turned into a contentious global issue that has political, economic, social and human ramifications. The world today perhaps needs many stories of hope, assimilation and inspiration that emphasise the beauty of our shared humanity rather than division more than ever before. This is Rakesh and on Digging Deeper with Moneycontrol today, we will talk about one such business fa...
16m Aug 01, 2018
16m
287: Stock Picks of the Day on August 01, 2018
Puravankara Ltd: Buy| Close: Rs 105.75 | Target: Rs 122 | Stop Loss: Rs 95 | Return: 15.37% The stock has given a breakout from symmetrical triangle pattern around Rs 102-103 on the daily chart with higher volumes. A daily momentum indicator Relative Strength index (RSI) reading at 51.35 level, showing positive momentum and MACD trading below zero line with positive crossover whereas OBV — On...
7m Aug 01, 2018
7m
286: Editor's pick of the day: Four million people and one register – The latest from Assam
We’ve been hearing about the NRC - National Register of Citizens - for some time now. In brief, the issue is about the state of Assam, which borders Bangladesh, and illegal migration. This is our story of the day and you are listening to Moneycontrol. The NRC maintains a record of all legal citizens in a state. It was initiated in 1951 along with the very first census in independent India. Thi...
8m Jul 31, 2018
8m
285: A morning walk down Dalal Street: Investors likely to be in wait-and-watch mode with eye on RBI policy
Indian markets staged a smart comeback on Tuesday with benchmark indices hitting a fresh record high. The S&P BSE Sensex hit a record high of 37,644 while for Nifty it rose above 11,350 to hit a record high of 11,366. Even as high fiscal deficit numbers failed to dent market sentiment. India reported a fiscal deficit of USD 62.57 billion for April-June, or 68.7 percent of the budgeted target ...
5m Jul 31, 2018
5m
284: Money As Your Friend – A Chat with Manoj Nagpal
To kickstart our Friendship Week series of special podcasts on our relationship with money – often joyous, often fraught – we chatted with the CEO of Outlook Asia Capital and a Consulting Editor of Moneycontrol, Manoj Nagpal.
15m Jul 31, 2018
15m
283: An evening walk down Dalal Street
In what looked like a day of breather for the bulls on D-Street, tables turned in the last hour of trade as sharp buying ensured that the market maintained its positive momentum. Sensex and Nifty has managed to end the day at record closing highs again. In fact, the upmove also ensured that the market ended on an extremely strong note in July, gaining around 6 percent. The day’s gain was led b...
5m Jul 31, 2018
5m
282: Stock Picks of the Day on July 31, 2018
Godrej Industries Ltd: Buy| LTP: Rs 642.50| Target: Rs.715 | Stop-Loss: Rs 580 | Return 11% The stock price has broken out from the downward sloping channel on the weekly chart. It is placed above all the important moving average parameters, indicating a bullish trend. Higher Tops and Higher bottoms formation on the weekly charts which is a bullish sign. The stock price has been taking suppor...
7m Jul 31, 2018
7m
281: A morning walk down Dalal Street: Stay cautious & avoid entering fresh positions
What a day for the Indian market! Bulls have taken complete control of D-Street as Sensex hit a fresh record high of 37,533 while Nifty rose above 11,300 levels for the first time to hit a record high of 11,328. The street ramped up PSU Bank stocks and the industry facing private sector banks after results from Bank of Baroda and ICICI bank enthused investors. The most positive development, h...
5m Jul 31, 2018
5m
280: An evening walk down Dalal Street
Another day and another record high for the market! D-Street began the week on an extremely strong note, with benchmark indices clocking fresh records and ending at all-time closing highs as well. The Nifty has managed to scale above 11,300 for the first time and has closed above it. The day began on a record high note, backed by a surge in index heavyweights such as ICICI Bank, State Bank of ...
5m Jul 30, 2018
5m
279: India caught in the crosshairs of Trump's trade war against Iran
As a tense trilateral drama unfolds between three unlikely players..India, Iran and the US, the latest statement on the matter comes from Oil Minister Dharmendra Pradhan in the context of US imposed economic sanctions on Iran. Yes, Iran, which is India's second-biggest supplier of crude oil. In the wake of the diplomatic pressures by the US on India to disrupt this flow of mutual interest, Dhar...
21m Jul 30, 2018
21m
278: Stock Picks of the Day on July 30, 2018
Phillips Carbon Black Ltd: Buy| LTP: Rs 234.85| Target: Rs 260 | Stop-loss: Rs. 220 | Return: 11% After remaining on a sideways direction with negative biasness, Phillips Carbon registered a strong breakout from the crucial level of 20-days EMA placed at Rs 224 on the weekly chart. Despite coming under pressure on the intraday basis, the scrip decisively managed to rebound at a new level, thu...
7m Jul 29, 2018
7m
277: A morning walk down Dalal Street on July 30, 2018
Moneycontrol News What a week for Indian markets. Benchmark indices rose over 2 percent each for the week to hit fresh record highs. The August expiry which started with rollovers of 74 percent is a sign that more long positions got rolled over in the current series which is a healthy sign. More fresh highs are in the offing for benchmark indices before we take a breather from here on. For th...
5m Jul 29, 2018
5m
276: MC - Deep Dive - FRP Sugarcane
We know we’re approaching a season of elections. How? MSP and FRP are back in the news. The centre has raised the FRP, or Fair and Remunerative Price, of sugarcane by 20 rupees per quintal to 275. FRP is the price sugar mills pay farmers for sugarcane. FRP is used in the sugarcane industry as an alternative to MSP. It traces its origins to the 2012 Rangarajan Committee report which found that...
13m Jul 29, 2018
13m
275: BYE BYE MUMBAI! HELLO ANTIGUA! A REPORT ON THE WHEREABOUTS OF MEHUL CHOKSI
If there are two names that have occupied the largest media limelight in 2018, they would have to be Nirav Modi and Mehul Choksi. Their names might be in the limelight, but the men themselves were hiding in the dark. And now it appears, we know the whereabouts of one of them. Mehul Choksi, apparently, is now an Antiguan citizen. A passport to Antigua and Barbuda lets you travel to 132 countries...
8m Jul 27, 2018
8m
274: Deep Dive - The Fugitive Economic Offenders Bill/Ordinance 2018
The parliament’s monsoon session is underway and the wise men who lead India have approved legislation this week that is expected to help the government bring back fugitives involved in white-collar crimes to stand trial in India. It is called the Fugitive Economic Offenders Bill 2018. FEO, in short. The Lok Sabha had cleared the bill on July 19, and the Rajya Sabha on 25th July. This bill wil...
14m Jul 27, 2018
14m
273: An evening walk down Dalal Street
‘Thank God it’s Friday’ indeed has been the case for D-Street as traders carried on strong momentum all through the week on Friday as well. The Sensex, Nifty and Bank Nifty managed to end the week at record closing highs. In fact, it is the 21st time in 2018 that the index managed to clock this milestone, while the Nifty has achieved it for the 15th time. With this upmove, the Sensex has hit a...
5m Jul 27, 2018
5m