Stock market investment

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × After a gap-down opening on the back of weak overnight cues, Indian stock markets recovered sharply and closed near the day's highs on May 2. The National Stock Exchange’s benchmark Nifty 50 ended the day with a minor loss of 33 points to close at 17,069. The recovery was led by banking, fast moving consumer goods (FMCG) and metal stocks. Consumer durables, auto and information technology (IT) stocks ended in the red. Last week, Nifty failed to surpass the previous swing high resistance of 17,414 and formed a lower top at 17,377. Nifty recently breached the crucial supports of 20 and 50 days EMA (exponential moving average), which indicates that the short-term trend has turned weak. Indicators and oscillators on the daily and weekly charts have turned bearish. Therefore, unless the Nifty … [Read more...] about Buy these 3 stocks for 11-16% returns as many mid, smallcaps likely to do well

FOR global investors trying to the gauge the fallout from surging interest rates and slowing economic growth, Hong Kong is quickly emerging as a must-watch market. Perhaps nowhere else is as exposed to two of the biggest worries roiling global asset prices – the Federal Reserve’s (Fed) rapidly tightening monetary policy and China’s sputtering economy. While Hong Kong’s US$466bil (RM2 trillion) foreign-reserves stockpile and plentiful interbank liquidity suggest little chance of an imminent crisis, signs of financial stress are building. This week saw the city intervene to prop up its pegged currency for the first time since 2019. Its stock market has tumbled this year at one of the fastest rates globally. Home prices in the world’s least affordable property market are falling and signs of capital flight are multiplying, after portfolio outflows last year topped US$100bil (RM440bil) for only the second time since Hong Kong’s 1997 handover to China. “There’s a lot the city … [Read more...] about Hong Kong becomes world’s must-watch market

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Nandish Shah, Senior Derivative & Technical Analyst at HDFC Securities The Nifty broke the six-day losing streak on Monday, when it rose 60 points to close at 15,842 levels. After a lower opening, the benchmark index recovered during the day led by banking and realty stocks. The Nifty made triple bottom around 15,735 levels and formed higher low as compared to 15,671 low made in March 2022. It formed Doji candlestick pattern on Monday which indicates indecisiveness. If the Nifty closes above Doji candle stick pattern's high of 15,978, the level which coincides with the 5 days EMA (exponential moving average) also, it would be considered as a bullish short term trend reversal. First sign of short covering is seen by FIIs in the Index futures segment on last Friday where their long to … [Read more...] about Hot Stocks | ICICI Securities, Lemon Tree Hotels, Bharat Electronics may fetch up to 13% in short term. Here’s why

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × The Nifty plunged 302 points on April 18 on the back of selling in technology and banking stocks to close at 17,174. In the last eight sessions, the index has fallen more than a thousand points from the high of 18,115 on April 4. The short-term trend has turned bearish as the Nifty closed below its 20-day and 50-day exponential moving average (EMA). In the week ended April 8, the Nifty formed “Doji” candlestick on the weekly chart. The significance of trend reversal has been high as a bearish candle was formed exactly at the downward sloping trend line, adjoining major swing highs on the Nifty weekly charts. The Nifty also breached the low of the “Doji” candle last week, which confirmed the bearish trend reversal. Oscillators and indicators like relative strength index (RSI) and moving … [Read more...] about Hot Stocks | Double-digit returns possible in HSIL, Cupid, Mahindra Holidays in short term, here’s why

Stocks fell, with the three major U.S. indexes poised to close lower for the week, as major banks kicked off the fourth quarter earnings season with mixed results and December retail sales were lower than expected. Key Takeways Stocks are lower with the Dow, S&P 500, and Nasdaq poised to drop for the week. Retail and food sales sank 1.9% in December, the biggest drop in 10 months. Banks reported mixed earnings, and JPMorgan is the worst-performing Dow and S&P 500 stock after it reported trading revenue fell. Banks and Retail Stocks Fall, Energy Gains The Dow is down more than 300 points, nearly a full percent, and the S&P 500 is about 0.5% lower. The Nasdaq's earlier gains have reversed and that index is down about 0.2%. JPMorgan Chase & Co. ( JPM ) is the worst-performing stock in both the Dow and S&P 500 after reporting a fourth-quarter loss, and net interest margin that came in below analysts' consensus estimates. Shares of … [Read more...] about Stocks Fall as Bank Shares Drop and December Retail Disappoints

Stocks swooned as monetary policy , geopolitics, and corporate earnings stoked fears, again rattling investors, who scurried for safer investments. Key Takeaways Stocks fall again as monetary policy, geopolitics, and corporate earnings stoked fears Rattled investors scurried for safer investments, pushing bond and gold prices higher. The VIX, the so-called "fear index," climbed higher, continuing a steep ascent that began with the new year. The Nasdaq is down more than 300 points, while the Dow Jones Industrial Average (DJIA) is close to 300 points lower. The CBOE Volatility Index (VIX)—the so-called "fear index"—climbed higher, continuing a steep ascent that began with the new year. Concerns that sent major averages lower yesterday—before markets reversed and roared back to finish the day higher—are back today: rising interest rates as the Fed begins its two-day meeting, and the possibility of a Russian invasion of Ukraine. Investors are also weighing a … [Read more...] about Stocks’ Rout Continues as Rates and Russia Rattle Investors

U.S. equity markets are sinking as Russia escalates attacks on Ukraine, raising concerns about disruptions of oil and other commodities. The Dow at one point was down more than 600 points, while crude oil approached $107 a barrel. Key Takeaways The Dow Jones fell more than 600 points as crude oil surged past $105 a barrel and financial and travel company shares slumped. Wheat and corn futures traded limit up as both Russia and Ukraine are major exporters, with wheat hitting prices not seen since 2008. Retailers including Target and Walmart are trading higher. Oil prices are soaring to more than $105 a barrel, the highest they’ve been since 2014. Wheat and corn futures traded limit up as both Russia and Ukraine are major exporters. Wheat prices are at levels not seen since 2008. Investors continued to put money into haven investments. Bond prices are rising with the yield on the 10-year Treasury note falling another 11 basis points (BPS) to 1.72%. Gold and … [Read more...] about Stocks’ Rout Deepens as Oil Soars and Russian Invasion Raises Recovery Worries

U.S. stock futures are moving higher, led by technology shares on the Nasdaq exchange, after another volatile day of trading ahead of an announcement from Federal Reserve policymakers about the future of monetary policy . Key Takeaways U.S. stock futures are moving sharply higher, led by technology shares on the Nasdaq exchange. Traders are awaiting a 2 p.m. Eastern time announcement from Federal Reserve policymakers about the future of monetary policy. Cryptocurrencies' rally continued. Oil again marched higher, and the dollar strengthened against the euro. Bond yields fell. Microsoft Corporation ( MSFT ) helped lead tech shares higher after reporting fiscal second quarter results that beat expectations while forecasting better-than-expected quarterly sales for the current quarter. Tesla, Inc. ( TSLA ), scheduled to report earnings after markets close today, is also gaining. The Dow Jones Industrial Average (DJIA) was down more than 800 points … [Read more...] about Stocks Gain as Tech Rallies and Investors Await Fed Rate Decision

U.S. equity markets are falling, with the Nasdaq sinking deeper into correction territory as shares of streaming service providers drop. Key Takeaways U.S. equity markets are falling, on their way to further weekly declines, as the Nasdaq sinks deeper into correction territory. Shares of streaming service providers are dropping after Netflix reported slowing subscriber growth. Crude oil futures are falling for a second day. The yield on the 10-year Treasury note is sinking, now at 1.76%. Netflix, Inc. ( NFLX ) is the worst-performing stock in the S&P 500, with shares plunging on its slowing subscriber growth. The news is dragging down shares of The Walt Disney Company ( DIS ) and others in the online entertainment sector. Shares of smaller banks are continuing their week-long decline, led by Huntington Bancshares Incorporated ( HBAN ) following its earnings report. Shares of Intel Corporation ( INTC ) and other semiconductor companies are higher on … [Read more...] about Nasdaq Correction Deepens as Stocks Slide on Rate Concerns

NEW YORK:Berkshire Hathaway Inc BRKa.N on Monday said it added new investments in Citigroup Inc C.N and several other companies in the first quarter, as Warren Buffett's conglomerate took advantage of volatile stock markets to invest $51.1 billion that had largely been sitting in cash. In a regulatory filing describing its U.S.-listed equity investments as of March 31, Berkshire reported new stakes in Ally Financial Inc ALLY.N , chemicals and specialty materials company Celanese Corp CE.N , insurance holding company Markel Corp MKL.N , drug distributor McKesson Corp MCK.N and Paramount Global PARA.O , formerly known as ViacomCBS. Omaha, Nebraska-based Berkshire said it sold nearly all of an $8.3 billion stake in Verizon Communications Inc VZ.N that it had amassed in late 2020. Berkshire also finally exited Wells Fargo & Co WFC.N , a 33-year-old investment that Buffett soured on after finding it too slow to address revelations that employees had … [Read more...] about Buffett’s Berkshire buys Citigroup and several other stocks, slashes Verizon