Page 45 - Stock Market Trading
Sensex crashes 1,100 points: Top 4 factors rattling investors' sentiment
US inflation data, possibility of aggressive rate hikes, record low rupee, and intense selloff by foreign portfolio investors are among the key factors that thumped stocks lower
 "Sensex crashes 1,100 points: Top 4 factors rattling investors' sentiment")
Birla Corporation down 7%; stock hits 52-week low on growth worries
The management remained cautious over profitability of cement companies in the near future as it does not anticipate any relief in cost pressure.
 "Birla Corporation down 7%; stock hits 52-week low on growth worries")
Equity markets are headed towards a bear phase: Mark Matthews, Julius Baer
Business Standard's Puneet Wadhwa speaks to Mark Matthews, head of research for Asia at Julius Baer to get his views on the road ahead for global equity markets as they adjust to rising interest rates
 "Equity markets are headed towards a bear phase: Mark Matthews, Julius Baer")
75% of Nifty50 stocks trade below 200-DMA; look weak on the charts
Tech Mahindra and Wipro have tumbled over 30 per cent, while Apollo Hospitals Enterprise and Dr. Reddy's Laboratories have plummeted 22 per cent so far in calendar year 2022 (CY22)
 "75% of Nifty50 stocks trade below 200-DMA; look weak on the charts")
Should you dump rate sensitive stocks post the RBI's surprise rate hike?
Real estate and automobiles, which were showing signs of a nascent recovery, will bear the brunt of higher interest rates
 "Should you dump rate sensitive stocks post the RBI's surprise rate hike?")
Quantum, timing of RBI rate hike has surprised the markets: Analysts
In the last policy meeting in April, the monetary policy committee (MPC) of the RBI had shifted its focus to tackle the rising inflation in India after the Russian invasion of Ukraine
 "Quantum, timing of RBI rate hike has surprised the markets: Analysts")
Nomura sees 75bps Fed hike in June, July; markets will absorb it: Analysts
Following the two 75 bps hikes in June and July, Nomura expects the US Fed to hike rates by 25 bps at every meeting scheduled in 2022 and 2023
 "Nomura sees 75bps Fed hike in June, July; markets will absorb it: Analysts")
Sensex drops 715 pts, Nifty holds 17150 in broad-based sell-off; banks sink
CLOSING BELL: SBI, HUL, IndusInd Bank, Axis Bank, Dr Reddy's Labs, Bajaj Finserv, and ICICI Bank fell in the range of 2-3 per cent
 "Sensex drops 715 pts, Nifty holds 17150 in broad-based sell-off; banks sink")
Sensex zooms 874pts in broad-based rally; Nifty tops 17350; RIL, HDFC up 2%
CLOSING BELL: Mukesh Ambani-led Reliance Industries (RIL) is set to become India's first company to hit market capitalisation (m-cap) of Rs 19 trillion
 "Sensex zooms 874pts in broad-based rally; Nifty tops 17350; RIL, HDFC up 2%")
Trading strategies for beaten down HDFC twins, bank stocks
HDFC twins, HDFC in particular, may see some more downward pressure; whereas PSU banks like SBI, Canara Bank and BoB can rally up to 9 per cent.
 "Trading strategies for beaten down HDFC twins, bank stocks")
TCS can hit Rs 4,500 provided it can surpass Rs 4,000 mark on good volume
The stock needs to create a strong base and momentum in the range of Rs 4,000 to Rs 3,800 levels, which the stock has been unable to conquer with ease.
 "TCS can hit Rs 4,500 provided it can surpass Rs 4,000 mark on good volume")
RBI restores pre-Covid timing of financial markets effective April 18
The trading hours were revised when the Covid-19 pandemic struck due to the operational dislocations
 "RBI restores pre-Covid timing of financial markets effective April 18")
YES Bank up 11%, hits 52-week as CARE Ratings upgrade outlook to 'positive'
The ratings agency upgraded the outlook to 'positive' on account of stable growth in deposits and advances
 "YES Bank up 11%, hits 52-week as CARE Ratings upgrade outlook to 'positive'")
Merger deal may help HDFC, HDFC Bank hit record highs, 15% upside likely
Shares of HDFC Bank may hit the Rs 2,000-mark, while HDFC is likely to rally towards Rs 3,200.
 "Merger deal may help HDFC, HDFC Bank hit record highs, 15% upside likely")
ACC, Grasim, India Cements can gain up to 12% post breakout, hint charts
Going ahead, charts indicate likely revival in investor sentiment with further uptick in prices.
 "ACC, Grasim, India Cements can gain up to 12% post breakout, hint charts")
HDFC, Bajaj Finserv: Here's how to trade HDFC and Bajaj group stocks
The stocks of HDFC and Bajaj Group are not showing any exciting picture on tech charts at the moment
 "HDFC, Bajaj Finserv: Here's how to trade HDFC and Bajaj group stocks")
Commodity boom! Hind Copper, NTPC, NMDC to see up to 30% rally
With Nickel, Gold and wheat also hitting multi-year highs like Crude Oil, these five commodity related shares are likely to witness strong gains, indicate charts.
 "Commodity boom! Hind Copper, NTPC, NMDC to see up to 30% rally")
Sensex may slide to 50,000; Nifty may dip below 15,000, tech charts suggest
Similarly, the Bank Nifty may shed another 7 per cent to 30,500-31,000 levels.
 "Sensex may slide to 50,000; Nifty may dip below 15,000, tech charts suggest")
Ukraine-Russia war: 5 contra bets that can give up to 14% returns
Coal India, GNFC, Cholamandalam, Fine Organic and Hitachi Energy can easily provide up to 14 per cent upside, indicate charts.
 "Ukraine-Russia war: 5 contra bets that can give up to 14% returns")
Foreign brokerages trim Nifty December 2022 target amid headwinds
Our 10 mean reversion scenarios put the Nifty50 December 2022 target at an average of 17,500, said Jefferies
 "Foreign brokerages trim Nifty December 2022 target amid headwinds")
