Q) Based on the July expiry where do you see Nifty heading in the August series. Do you think we could make an attempt towards 11500? Or we could correct towards 10500 levels?A) The Nifty50 rollover in the July series stood at 77.59 percent compared to 78.93 percent marginally down by -1.70 percent, while in absolute terms there was a decrease of -2.37 lakh shares( from 114.05 lac to 111.68 Lac) in the open interest with an increase in the price of 7.9 percent, indicating that it was a short covering. … [Read more...] about Nifty could trade in 11,400-10,700 range this week with a mixed bias; 4 stocks to buy
Rest of stock market soft
“We have filtered our MNC universe of 43 stocks basis profitability ratios (ROE & ROCE) higher than 15 percent for the past three fiscal years. There are 18 stocks which fit the criteria and that include names like Blue Dart, Akzo Nobel, Abbott India, Cummins India, HUL, Castrol India, and OFSS, etc. among others,” said the note. … [Read more...] about COVID-19 presents an opportunity to invest in MNCs; 18 firms worth looking at
“Asset allocation is a simple strategy to mitigate the risk and to maximize the returns which meet the financial goals of the investors. The investor has a wide range of options to choose between various instruments like equity, debt, gold, cash, and real estate,” Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor told Moneycontrol. … [Read more...] about Investors lose Rs 36 lakh crore since Jan; experts say allocate 35-60% portfolio to equities
Ashish Kacholia, known for spotting quality stocks in the small and midcap universe, increased stake in four companies and reduced exposure sequentially in two during the June quarter, shareholding data available on AceEquity as on July 31 showed. He left his stake unchanged in eleven companies. … [Read more...] about Q1 report: Ashish Kacholia raises stake in 4 firms, reduces exposure in 2
Jain further added that this could be a good opportunity to invest in equities as an asset class for better returns over a longer time frame of more than 5-7 years as other assets could be less risky but rewards are also very meagre to beat the consumer inflation. … [Read more...] about Warren Buffett sitting on over $100-billion cash pile: Should Indian investors also wait?