Page 46 - Stock Market Trading

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.

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

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

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.

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.

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

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.

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.

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.

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

Block deal: Societe Generale sells 7.1 mn HDFC shares worth Rs 1,730 cr

As per block deal data on BSE, Societe Generale sold nearly 71 lakh shares at an average price of Rs 2,436.8 apiece

Asian shares drop as Russia's Putin orders troops into eastern Ukraine

Shares fell sharply in Asia on Tuesday after Russian President Vladimir Putin ordered troops into separatist regions of eastern Ukraine, suggesting a long-feared invasion was possibly underway. Tokyo's Nikkei 225 index dropped 1.8per cent and the Hang Seng in Hong Kong fell 3.2per cent in early trading. Oil prices jumped, with U.S. crude up 2.8per cent. The future for the S&P 500 dropped 1.5per cent while the contract for the Dow industrials lost 1.3per cent. U.S. markets were closed Monday for Presidents Day. In Europe, shares slipped Monday as investors awaited developments in the Ukraine crisis. Germany's DAX gave up 2.1per cent. In Paris, the CAC 40 in Paris declined 2per cent. Britain's FTSE 100 fell 0.3per cent. Russia's MOEX index dropped nearly 11per cent. The ruble was down 3.2per cent against the U.S. dollar. Western powers fear Russia might use skirmishes in Ukraine's eastern regions as a pretext for an attack on the democracy, which has defied Moscow's attempts to pull

Despite headwinds, bulls are not ready to lose control; 5 reasons why

Technical charts suggest the bulls are not ready to give up just yet. Markets can find support at lower levels and move up, provided the news flow does not turn too adverse

DLF, Godrej Properties: 5 real estate stocks you can buy for up to 11% gain

40 per cent correction in Godrej Property should see a smart 11 per cent jump now, technical charts suggest

Adani Wilmar shares up over 2% after strong Q3 result

Shares of Adani Wilmar on Tuesday pared early gains but managed to close 2% higher after the company posted a 66% jump in consolidated net profit to Rs 211.41 crore for the December 2021 quarter.

HDFC Bank, ACC, Tata Steel: Over half of NSE 500 stocks slip below 200-DMA

To better understand the market direction in the days ahead, traders and investors consider the 200-DMA as a more reliable average than its peers 50-DMA and 100-DMA.

MFs garner Rs 99,704 crore via NFOs in 2021 on sharp rally in stock market

This was way higher than 81 NFOs floated in 2020 and cumulatively, these funds were able to garner Rs 53,703 crore

Global stocks follow Wall Street higher after rebound

Global stocks and Wall Street futures rose Wednesday as investors waited for US inflation data for signs of how fast the Federal Reserve might pull back stimulus. London and Frankfurt opened higher. Shanghai, Tokyo and Hong Kong advanced. US inflation data on Thursday are expected to show inflation rose to a four-decade high of 7.3 per cent in January, adding to pressure to control prices. Traders expect the Fed to hike rates at least four times this year, starting next month. Wall Street's rebound "suggests an attempt by the equity bulls to regain some control," Yeap Jun Rong of IG said in a report. Much will depend on the upcoming US inflation data to ease some concerns about tightening ahead. In early trading, the FTSE 100 in London rose 0.6 per cent to 7,612.25 and the DAX in Frankfurt added 0.7 per cent to 15,359.40. The CAC 40 in Paris advanced 0.9 per cent to 7,095.45. On Wall Street, the future for the benchmark S&P 500 index was up 0.3 per cent. That for the Dow Jones ...

Global stock markets firm, bonds win respite from rout

The pan-European STOXX 600 climbed almost 1.5%. In Asia, where MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.5% to a two-week high and the blue-chip Nikkei closed 1.08% higher

ICICIdirect faces investors' ire over 'unprecedented network issue'

The services were impacted till about 9.50 am as several users were unable to login. The issue was resolved before 10 am and full functionality was restored