Page 40 - Stock Market Trading

Sensex sinks 770 pts, Nifty gives up 17,550 amid global sell-off; PSBs soar

CLOSING BELL: Reliance Industries tanked 3 per cent today, contributing nearly 30 per cent of the losses on the Sensex

Share markets closed: BSE, NSE shut today on occasion of Ganesh Chaturthi

The share markets, including NSE and BSE, are closed today, August 31, on the occasion of Ganesh Chaturthi

Sensex, Nifty end flat post lackluster trade; Syrma soars 42%, Titan 3%

CLOSING BELL: It was a range-bound trade on the bourses on Friday as investors awaited US Fed chief Jerome Powell's address at the Jackson Hole Symposium later tonight

Nifty PSU Bank index can rally up to 13%; check top stock picks

The PSU Bank index has rallied 31 per cent as against a 16 per cent surge in the benchmark from June lows; Among stocks, Bank of Baroda, Indian Bank and Union Bank of India can rally up to 16%.

Trading Strategies for Cochin Shipyard, Larsen & Toubro by Mehul Kothari

According to the technical analyst from Anand Rathi, Cochin Shipyard can rally to Rs 390, whereas Larsen & Toubro can slip to Rs 1,800-level.

Sensex gyrates 1,027 pts, ends 257 pts up; Nifty holds 17,550; M&M gains 4%

CLOSING BELL: RIL, ICICI Bank, M&M, SBI, Bajaj twins, and Titan were the stocks that supported the indices

Ceat, Ambuja, IRCTC among 30 stocks that can defy current market volatility

Ambuja Cements, Ceat, Eicher Motors, Pidilite Industries, Tata Chemicals, Torrent Power and Wockhardt are few of the prominent stocks holding on to the bullish outlook.

Buy CRISIL, Sell Larsen & Toubro recommends Mehul Kothari

According to the technical analyst from Anand Rathi, Larsen & Toubro can slip to Rs 1,800-level, while CRISIL can rally to Rs 3,700.

Demand growth stays buoyant for Cummins India; profitability under pressure

Cummins India's stock has gained 27 per cent since its lows in June, helped by a strong first quarter, expectation of improved demand and margin recovery.

US: AMC, Bed Bath & Beyond lead rout in meme stocks as mania fizzles

AMC Entertainment Holdings Inc. plunged 38% in premarket trading ahead of its debut of a new class of shares and after peer Cineworld Group Plc confirmed it may go bankrupt.

Radhakishan Damani to be the main trustee of Jhunjhunwala's investments

Rakesh Jhunjhunwala, who passed away on August 14, is said to have 'meticulously' planned everything about his wealth as he had been sick for over 8 months

RIL eyes new high; ONGC, HPCL can gain up to 8% amid windfall tax revision

The government on Thursday raised the windfall tax on exports of diesel to Rs 7 per litre and reintroduced the tax on jet fuel exports of Rs 2 per litre.

Here's why Mehul Kothari expects up to 10% rally in KPR Mill, Thermax

According to the technical analyst from Anand Rathi, KPR Mill can rally to Rs 640, while Thermax can surge to Rs 2,400.

Sensex reclaims 60,000 mark. What should your market strategy be now?

On their part, technical analysts see the Nifty is hit 18,100-18,200 levels before it makes any major attempt to reverse. However, this journey, they caution, can see intermittent corrections

Sensex ends 352 pts off day's lows, rises 38 pts; L&T, Airtel top gainers

CLOSING BELL: The recovery was led by Kotak Bank (up 4 per cent), L&T, Bharti Airtel, SBI, HDFC Bank, HDFC, and ITC

Zomato, 4 others zoom up to 45% in August; charts suggest more strength

Zomato and Metro Brands may see an upside of up to 32 per cent, while JSW Energy, Kensai Nerolac, and Hikal could surge up to 11 per cent.

SBI Cards eyes record high on Golden Cross breakout, may rally up to 16%

SBI Cards has conquered the 200-DMA, a prime indicator of the trend for market participants, and hints of a likely 'Golden Cross' breakout with 50-DMA and 100-DMA likely to cross the 200-DMA.

Tata Steel, Vedanta look strong on charts, may resist China slowdown woes

Technically, probability of metal stocks entering a negative trend remains negligible. A resilient bullish trend seems clearly visible in Tata Steel and Vedanta.

Here's why Vinay Rajani is bullish on Exide Industries, Tata Motors DVR

The technical analyst from HDFC Securities foresees the next resistance for the Nifty50 index at 18,114.

Here's why Mehul Kothari expects NMDC, Wipro to gain in the near term

According to the technical analyst from Anand Rathi, NMDC can rally to Rs 124, while Wipro can surge to Rs 477-odd level.