Nifty50 has begun the June Futures & Options (F&O) series on the back of the positive sentiment. Trend support is seen at 8,800 and buying on dips is advisable. Maximum open interest (OI) is seen at 9,000 strike Put Options and 10,000 strike Call Options. This indicates the broader range for the June series. … [Read more...] about The weekly dossier: Here’s what top voices have to say about the market
Jpmorgan funds emerging markets equity fund
Moneycontrol Pro Weekender | Mr Market puts on his rose-tinted glasses
On the other hand, there’s a build-up of tensions on the India-China border. And then of course, there’s Donald Trump, the bull trying his best to wreck the China shop. China has signalled that it’s perfectly willing to stand up to the US and it has pushed through a security law to curb protests in Hong Kong. … [Read more...] about Moneycontrol Pro Weekender | Mr Market puts on his rose-tinted glasses
‘Expect markets to be volatile amid uncertain global sentiment; these 3 stocks can give double-digit returns’
A bounce back after taking this support is highly possible whereas breakout can come only on a decisive close above 50 DMA resting at 9,300 mark. Only a breakout above this level can take prices higher towards previous swing high placed at 9,880 mark. While breaking down below 8,900 will trigger fresh selling and that can push Nifty towards 8,500 mark. … [Read more...] about ‘Expect markets to be volatile amid uncertain global sentiment; these 3 stocks can give double-digit returns’
Market still expects more reforms for corporate and sectors that are highly impacted by COVID-19
Neither can we expect that the corporates would take good responsibility, safety and job assurance of labourers & family. Unorganised sector is hugely impacted which accounts for 85 percent of India's labour force of 50 crore (unorganised are basically small business including MSMEs and SMEs). … [Read more...] about Market still expects more reforms for corporate and sectors that are highly impacted by COVID-19
‘GDP numbers are largely discounted by D-St; Nifty could make an attempt to touch 10K’
Q) Do you think there is more pain in terms of GDP numbers in the upcoming quarters? What is the kind of number you are working with? (Goldman and CRISIL see a cut negative 5 percent in FY21)A) Given the complexity of the scenario, making guess-estimated predictions is not a wise strategy but a contraction is imminent. There is enough and more evidence that all predictions can go wrong if the scenario changes. … [Read more...] about ‘GDP numbers are largely discounted by D-St; Nifty could make an attempt to touch 10K’
