Page 36 - Stock Market Trading
Post rate hike by RBI, SBI, BoB look stronger than private banks on charts
Public sector banks are well placed on charts, indicate positive upside in coming days, while Private Banks rigorously need to take off their respective hurdles.
 "Post rate hike by RBI, SBI, BoB look stronger than private banks on charts")
Rate sensitive shares bounce back after RBI hikes rate; Nifty Bank gains 1%
Kotak Mahindra Bank, HDFC Bank, Axis Bank, State Bank of India, HDFC, ICICI Bank, SBI Life Insurance and SBI Cards from the Nifty Financial index gained up to 2 per cent each.
 "Rate sensitive shares bounce back after RBI hikes rate; Nifty Bank gains 1%")
Derivatives analyst Nandish Shah recommends selling Axis Bank futures
The analyst from HDFC Securities recommends selling Axis Bank October contract on rise with a stop loss at Rs 745, for a downside target of Rs 705.
 "Derivatives analyst Nandish Shah recommends selling Axis Bank futures")
Rupee decline starts to cut into Sensex earnings in dollar terms
The recent decline in the US equity market has revealed a significant valuation gap between the Indian and the US equity markets
 "Rupee decline starts to cut into Sensex earnings in dollar terms")
F&O expiry: Nifty holds 16,800, Sensex dips 188 pts day ahead of RBI policy
CLOSING BELL: ITC, Dr Reddy's Labs, Tata Steel, Sun Pharma, M&M, NTPC, and Nestle India were the top large-cap winners, while Asian Paints, Tech M, Wipro, TCS, Titan, Kotak Bank sank
 "F&O expiry: Nifty holds 16,800, Sensex dips 188 pts day ahead of RBI policy")
LIC, Nykaa, Tata Motors: Are these buzzing stocks bottoming out?
Sun Pharmaceutical seems set to register a new 52-week high; while Tata Motors and Torrent Pharmaceuticals are yet to take-off their respective obstacles, charts show.
 "LIC, Nykaa, Tata Motors: Are these buzzing stocks bottoming out?")
Nykaa soars 6% as company's board to consider maiden bonus issue on Oct 3
However, in the past six months, the has stock shed 17 per cent, as compared to 1 per cent decline in the S&P BSE Sensex.
 "Nykaa soars 6% as company's board to consider maiden bonus issue on Oct 3")
CGD firms: Mahanagar Gas, IGL, Adani Total may add another 16%, charts show
Shares of gas distribution companies have being in focus on expectations of rise in demand, coupled with a favourable outcome from the Kirit Parikh report.
 "CGD firms: Mahanagar Gas, IGL, Adani Total may add another 16%, charts show")
Indices fall for 5th day; Sensex dips 38pts, Nifty at 17K after choppy day
CLOSING BELL: Among sectors, defensives rose in trades today with the Nifty IT, FMCG, and Pharma indices advancing between 0.6 per cent and 0.9 per cent
 "Indices fall for 5th day; Sensex dips 38pts, Nifty at 17K after choppy day")
HUL, Asian Paints: 5 stocks withstood recent sell-off; Will they rise more?
Among individual stocks, Asian Paints, EIH and Alkem Laboratories can rally up to 18 per cent each. Hindustan Unilever and Metro Brands too are poised to log smart gains, indicate charts.
 "HUL, Asian Paints: 5 stocks withstood recent sell-off; Will they rise more?")
Here's why Mehul Kothari recommends buying Metropolis, Thyrocare Tech
According to the technical analyst from Anand Rathi, Metropolis Healthcare can rally to Rs 1,800, while Thyrocare Technologies can rise up to Rs 740.
 "Here's why Mehul Kothari recommends buying Metropolis, Thyrocare Tech")
What is algorithmic trading?
SEBI recently issued guidelines for stock brokers who provide algorithmic trading services. What exactly is algo trading? Watch our next report to know more
 "What is algorithmic trading?")
Sensex falls 954 pts, Nifty below 17,050 amid growth concerns; IT stocks up
Stock market live: At 07:50 am, SGX Nifty quoted at 17,230, indicating an opening loss of over 100-odd points on the Nifty
 "Sensex falls 954 pts, Nifty below 17,050 amid growth concerns; IT stocks up")
Harsha Engineers makes strong debut, lists at 36% premium to issue price
Post listing, the stock moved 45 per cent higher to Rs 480 on the NSE and BSE, as against its issue price of Rs 330 per share.
 "Harsha Engineers makes strong debut, lists at 36% premium to issue price")
Despite price fall, domestic gold trading at a discount to imports
In Mumbai, the yellow metal is going at a discount of $7-10 per ounce while in Ahmedabad it is $7
 "Despite price fall, domestic gold trading at a discount to imports")
Investors poorer by Rs 5 trn as Sensex tanks 1,021 pts; Nifty near 17,300
CLOSING BELL: ith this, the indices have yet again turned negative for calendar year 2022. During the day, the Sensex had tumbled over 1,100 points, and the Nifty50 had erased nearly 350 points
 "Investors poorer by Rs 5 trn as Sensex tanks 1,021 pts; Nifty near 17,300")
Five Tata Group stocks eye up to 25% upside; Tata Chemicals top pick
Tata Chemical sees 25 per cent upside on Golden Cross breakout, while Tata Investment and Indian Hotels can surge up to 20 per cent each.
 "Five Tata Group stocks eye up to 25% upside; Tata Chemicals top pick")
Derivatives analyst Nandish Shah recommends Bull Spread on Bharat Forge
The analyst from HDFC Securities recommends buying Bharat Forge 790 Call and simultaneously selling 810 Call of the September series.
 "Derivatives analyst Nandish Shah recommends Bull Spread on Bharat Forge")
Mehul Kothari recommends Buy on JM Financial, Nazara Tech; Check Why
According to the technical analyst from Anand Rathi, JM Financial can rally to Rs 78, while Nazara Technologies can gain up to Rs 830.
Have the Indian stock markets rallied too fast, too soon?
Until the S&P BSE Sensex and Nifty50 do not break 57,000 and 17,000 levels, there are higher changes of touching 64,000 and 19,000 levels.
 "Have the Indian stock markets rallied too fast, too soon?")
