Posts in category Economic Times
Add long positions on Monday on dips: Anand James, Geojit Financial Services (21-04-2024)
“We will look to add longs on Monday, on dips, which should not exceed 22045, while a direct fall below 21975 will re-activate bearish moves, this time aiming for 21500,” says Anand James, Chief Market Strategist, Geojit Financial Services.
Gold’s run on Street remains uninterrupted for 5th straight week (21-04-2024)
Spot gold closed with a gain of 0.59% at $2392 Friday as the metal rose on fresh concerns about the geopolitical situation following Israel's attack on Iran. Israel reportedly struck back Iran on Friday morning in a low-scale drone operation.
How to trade Maruti, RIL and 4 other stocks ahead of Q4 earnings (21-04-2024)
India VIX surged 17%, prompting trading strategies for Maruti, RIL, Tata Consumer Products, Axis Bank, Bajaj Finance, and HUL. Technical analysis indicated positive market movements with RSI and stochastic indicators. Watch for Iran-Israel developments and India VIX levels at 15.
Six of top 10 valued firms take Rs 1.40 lakh cr hit in mcap;TCS, Infosys biggest laggards (21-04-2024)
The combined market valuation of six of the top 10 valued firms eroded by Rs 1,40,478.38 crore in a holiday-shortened week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the maximum hit.
Q4 results this week: RIL, ICICI Bank, HCL Tech, among 166 companies that’ll announce earnings (21-04-2024)
With Wipro and Infosys’ results out this week, the fourth quarter earnings season will now pick up pace as the upcoming week will witness the results for Axis Bank, ICICI Prudential Life Insurance, Mahindra & Mahindra Financial Services, Tata Elxsi, along with 167 other companies.
HDFC Bank Q4 profit grows 37% but falls short of estimate (21-04-2024)
HDFC Bank's Q4 net profit reached ₹16,510 crore, full-year at ₹60,810 crore, up 38%. Challenges post-merger affect expenses, asset quality, and loan mix strategy. Deposit mobilization efforts continue amid slow credit disbursements.
Which way will Nifty swing this week? These top 8 factors may help you predict (21-04-2024)
With the Iran-Israel conflict dominating headlines, Nifty broke a four-week-long winning streak to end the holiday-shortened week 1.65% lower.
India playbook 2024: Will India’s stupendous performance of FY24 repeat in FY25? (21-04-2024)
India's FY25 potential performance relies on FII ownership and Domestic market strength. Inclusion in Bloomberg, Reuters' emerging market debt index enhances appeal. Growth expected in the capital goods sector.