Budget 2020

Look for stocks that won’t disappoint on earnings: Sanjay Mookim, JP Morgan

Sanjay Mookim, Head of Research, JP Morgan, says that in the near term, the sequential growth in the Indian economy is likely to stagnate a little bit which will lead to broader-based earnings downgrades for the market. There seems to be a departure from the assumptions of 1st of January that interest rates will remain […]

Budget 2020

Stock market update: 132 stocks hit 52-week highs on NSE

Benchmark NSE Nifty index was trading 176.30 points up at 14705.45 on Monday on account of buying in frontline bluechip counters. Among the stocks that touched their 52-week highs on NSE were: APL Apollo Tubes, Astral Poly Technik, Blue Star, Eveready Industries, Greenply Industries, Hindustan Copper, JK Paper, NBCC (India), Radico Khaitan, Supreme Industries, Vedanta […]

Budget 2020

Australian shares tumble as firmer bond yields, fall in tech stocks weigh

Australian shares closed at their lowest level in nearly a month on Friday, with tech stocks leading the declines, as risk assets lost their sheen after global bond yields firmed on expectations of economic expansion and rising inflation. The S&P/ASX 200 index ended 2.4 per cent lower at 6,673.3, marking its sharpest fall since Sept. […]

Budget 2020

Sensex tanks! But these stocks gain 10% or more

NEW DELHI: Domestic equity indices, BSE Sensex and NSE Nifty, were trading in red on Friday on account of selling in frontline bluechip counters. Shares of Eveready Industries ( 20 per cent) , Natural Capsule ( 19.98 per cent) , Binny Ltd ( 19.98 per cent) , Sadhana Nitrochem ( 19.90 per cent) , National […]

Budget 2020

Australia shares rise as strong commodity prices lift energy, mining stocks

Australian shares closed higher on Thursday, helped by gains in energy and mining stocks as commodity prices continued to strengthen, and as data showed a higher-than-expected rise in domestic business investment. The S&P/ASX 200 index closed 0.8 per cent higher at 6,834. Energy stocks rose 1.6 per cent as oil prices soared to a 13-month […]

Budget 2020

Stock market update: IT stocks gain; MPhasis climbs 2%

NEW DELHI: IT stocks were trading on a positive note at 01:59PM (IST) on Tuesday. Shares of MPhasis (up 1.99 per cent), Tata Consultancy (up 1.41 per cent), Info Edge (India) (up 1.35 per cent), Mindtree (up 0.24 per cent) and Coforge (up 0.2 per cent) were among the top gainers. While HCL Technologies (down […]

Budget 2020

Pick up IT & auto stocks if market falls 5-10%: Deepak Shenoy

I would avoid FMCG and a lot of the pharma pack but pick up IT and auto and auto ancillaries if they were to come down another 5% or 10%, says Deepak Shenoy, Founder, Capital Mind. How are you advising clients to play the volatility in the markets?To be fair, there is a small correction […]

Budget 2020

What does ‘turnover’ in the stock market indicate?

1. Market turnover indicates how much trading activity took place on a given business day in the market as a whole or individual stock. 2. Turnover can be represented in two ways, traded value in rupees and traded volume in number of trades. 3. Higher turnover in a stock indicates better liquidity which means that […]