Budget 2018: FM may offer sneak peek into direct tax overhaul plan

While a task force on direct tax reforms will submit its report by May, the Budget speech may indicate broad pointers of the blueprint.     Finance minister Arun Jaitley may give an idea about the broad contours of a comprehensive direct tax reforms in the union budget 2018-19...

Multibagger opportunity! We are in a bull market which could span 10-15 years

Lastly emerging markets have also turned attractive. All factors are pointing to an increase in global trade in 2018 which should augur well for emerging markets like India.   Today, we stand at an inflection point whereby there is a high probability that the economy, and the markets will...

Spotting wealth-creating ideas is easy; Don’t miss out these 5 themes in 2018: Credit Suisse

Amid high valuations and a volatile macro environment, Credit Suisse recommends investors to focus on long-term structural themes that have been shaping up in India.   Credit Suisse maintains a cautiously optimistic outlook on Indian equities, but a sustained or a sharp correction on...

Technical View: Nifty forms a Doji like pattern; tread with caution with stop below 10,600

The Nifty 50 which opened at 10,645.10 rose to a record high of 10,659.15 which made a small upper shadow, but bears quickly took control and pushed the index towards 10,603 which made a long lower shadow on the daily charts.    Bulls powered D-Street to yet another record high for...

What to buy or sell @ record highs? Here are 8 money making ideas based on technicals

Sustaining above 10,550 levels on tradable basis Nifty can rally initially towards 10,720 and then 10,840 levels. On the downside, the index has support at 10,400 which was last week low and a break below the said level may trigger a decline towards 10,320 and then 10,230 levels.   The Nifty50...

Sensex, Nifty end rangebound session at new closing high; Coal India rises 6%

The continued record-hitting spree suggested that the market may be pricing in likely recovery in corporate earnings for December quarter, experts feel.   The market continued its buoyant mood on Tuesday as benchmark indices ended rangebound session at new closing high. The midcaps, however,...