Sunday, 8 July 2018

Nifty could rally towards 11,000 after some consolidation in July series

With the start of the results season in the upcoming week, the market will become more stock-specific.   During the week, Nifty found support near highest Put base of 10,600 and staged a recovery as well. In fact, it has ended above 10,700 for the sixth consecutive week. The index has shown...

Rs 1.2 lakh crore boost for rural income! These 11 stocks are likely to benefit the most from MSP hike

The MSP hikes should impact 310-330 mn tonnes of agri production, 25 percent of agriculture’s GDP contribution and 4.5 percent of GDP.   The much-awaited decision on minimum support price (MSP) was finally made by the government this week. Rural income is likely to get a boost but at a cost...

Good quality small & mid-cap stocks can be bought for higher returns

The Nifty made a V-shaped recovery in the past month after a panic-led fall, indicating that the market has stabilized in the immediate term.   Small and midcap indices have corrected by around 25-30 percent, while some stocks have plunged over 50 percent this year. But they seem to...