Tuesday, 22 May 2018

Crude oil, rupee, earnings to dictate market trend; these 10 stocks can give 28-94% returns

Higher crude oil prices and the rupee’s weakness will continue to dampen sentiment putting pressure on the fiscal deficit and bond yields in the short term.    Nifty, which continued to correct on Monday, has fallen nearly 4 percent from its three-month high of 10,900...

Time to sell Nifty in range of 10,500-10,600; next target placed at 10,325

Considering the technical and derivative evidence discussed above, we believe that the trend of the Nifty has turned bearish for the short term.     The Nifty50 has been falling for the last 5 straight sessions with a total fall of 423 odd points from the recent high of 10,929, registered...

SBI likely to report loss in Q4FY18 on rise in provisions, NPAs

Gross NPAs may jump to 11.5 percent (from 10.35 percent in Q3FY18), while net NPAs are likely to rise to 6.1 percent (5.61 percent in Q3FY18) of total loans.    country’s biggest bank, is likely to post a loss of Rs 1,270.5 crore for the January to March quarter in FY18, pinched by deterioration...

These five stocks could offer up to 8-14% returns in the short-term

Nifty’s previous support of 10,600 will act as immediate resistance. Any bounce back is likely to be capped at 10,670-10,700 levels.    Despite positive global cues market closed in the red for the fifth consecutive session on Monday, with the Nifty closing at 10,517 levels, down...