Eye on RBI policy meet this week; bet on these 2 Nifty stocks for 7-10% returns

The central bank could leave policy rates unchanged but hawkish comments from the governor would be slightly supportive for the currency.    On the domestic front, focus will now shift to this week's Monetary Policy Committee meeting. Expectation is that the central bank could...

See Nifty at 11,450 levels; 5 largecaps, 1 midcap that could return up to 20%

Financial Advisors expects sideways to bullish movement for the Nifty in coming sessions, within a range of 11,450 on the higher side and 11,100 on the lower side.    Indices are soaring higher into uncharted territory without any interruption. Momentum is seen in state-run banks, whereas...

Top 10 moneymaking ideas by experts that could return 5-11%

The Nifty closed above 11,200 levels, which has opened target towards 11,350-11,450 levels on the Nifty.    The Nifty rose 2.4 percent for the week-ended July 27. Experts feel the rally is not over yet and see the index hitting fresh record highs in the August series. The index finally...

What the first-quarter numbers so far tell us: Rural India is recovering

Consumption sectors (FMCG, durables, autos), though on a soft base, post noticeable volume growth for a consecutive quarter.    While optically, numbers look interesting, investors should keep in mind that large number of manufacturing companies witnessed pre-GST destocking in the run-up...

Life insurers' fixed income assets rise 46% in 3 fiscal years, equity assets up 29%

Data showed that at the end of FY18, life insurers held equity assets worth Rs 8.12 lakh crore, and fixed income assets worth Rs 24.5 lakh crore.   From FY15 to FY18, fixed income assets and equity assets of life insurance companies rose 46 percent and 29 percent, respectively, according...

Sensex hits record high even as some stocks sink to 52-week lows: Here's what to do

Experts said investors should avoid taking leverage bets and pick stocks just because it has corrected in double-digits in the recent past.   The Sensex hit a record high of 36,749.69 on Monday but traders are not rejoicing because more than 300 stocks on the BSE hit a fresh 52-week low....

5 largecaps to buy ahead of July expiry which may return 6-17%

If  Nifty sustains above 11,080 levels, one can expect the index to test its all-time high of 11,172 and then 11,230 levels.   The Nifty rallied in the latter half of Monday to close at 11,085, up 0.68 percent. The weekend cut in the Goods & Services Tax in over 100 items and...

Buy Indian Oil Corporation, target Rs 170

Indian Oil Corporation appears to have formed a strong base around Rs 150 where it is attracting huge buying interest as pointed out by long lower shadows on weekly charts.          After the recent correction from the highs of Rs 177, Indian Oil Corporation appears...

Accumulate Havells India, target Rs 590

We feel traders shouldn’t miss this chance and accumulate fresh long in the range of Rs 555-560 for target of Rs 590.   After a strong up move from Rs 520 to Rs 580 levels, Havells India has retraced marginally. It has reached close to its price support zone placed around Rs 555, offering...

Technical View: Nifty forms strong bullish candle; 11,080 next key level to watch

Option band signifies an immediate trading range in between 10,929 to 11,080 zones, experts said.    The Nifty50 recouped some of its previous day's losses to close the session above psychological 11,000-mark on Tuesday, forming strong bullish candle on the daily charts. The rally...