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Sanjiv Bhasin, Director at IIFL Securities, recommends Tata Steel as his top stock pick for Navratri. He believes that geopolitical risks and the decline of China will lead to a settling down, benefiting commodities and metals. Bhasin predicts an 8% increase in steel prices and sees Tata Steel as a low-cost producer with a good risk-reward opportunity at Rs 120. He expects the stock to reach Rs 160-165 next year due to strong local flows in commercial real estate and construction. Bhasin also recommends Hindalco and Devyani International as potential investments.

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The Relative Strength Index (RSI) is a versatile momentum indicator that quantifies the speed and change of price movements. It offers a scale ranging from 0 to 100, where levels above 70 are considered overbought, and below 30 are seen as oversold. So why is RSI so important for investors?

Arnault is founder and chief executive officer of LVMH, the French luxury powerhouse that includes brands such as Louis Vuitton and Moet & Chandon. His wealth has fallen by $6.8 billion since Wednesday, when the company reported softer sales growth. Arnault is now worth $155.1 billion, just below Bezos’s $156.3 billion, according to the Bloomberg Billionaires Index.

ETMarkets delves into the Relative Strength Index (RSI) and its implications for investors by examining 10 stocks that showed RSI trending down, providing a valuable lesson in stock analysis.

​Axis Securities has enlisted 10 largecap stocks that have the highest dividend yields in the last 12 months.​

From the Sensex pack, Power Grid, Kotak Bank, Tech Mahindra, and Bajaj Finserv were the top gainers, rising 1-2%. While Tata Motors, L&T, IndusInd Bank and TCS closed in the red. Among individual stocks, Ceat closed 4.5% higher after the company reported a consolidated net profit of Rs 208 crore in Q2 FY24, compared with Rs 7.83 crore a year earlier

“The growth differential between the lot of other emerging markets, developed market vis-à-vis India is likely to sustain, which means through next two, three, five years, unless and until we have political establishment change, we should see a business cycle, should see a credit growth cycle, should see a decent earnings growth cycle.”

Buying health insurance or life insurance in India is an attractive proposition for NRIs, especially when they make the premium payment through their NRE account. The regulator allows NRIs to purchase these policies without GST, resulting in a substantial cost reduction. Premiums for NRIs may be slightly higher than local policies, but the coverage and benefits are similar. NRIs may need to undergo a health check-up, which they can do when they visit India. Additionally, there are comprehensive insurance plans available for students studying abroad, providing coverage for transit risks, hospitalization, and other benefits.

"Immediately at 19,700 and thereafter at 19,600, the two very crucial support levels for Nifty can be seen in the near term. Till these levels are held, the probability of an upside on Nifty is more right now. But then, crossing 20,000 looks difficult as of now, at least for this weekly expiry."

According to a July 9 filing on BSE, Kacholia trimmed his equity stake by 52 bps to 3.81% but later added 10 bps to bring it to 3.91% at the end of the September quarter.

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