Tuesday, 8 January 2019

Why Q3 earnings will be keenly watched by D-Street

We have quarterly earnings around the corner which will further decide the market direction and we expect companies to deliver robust number.     The Indian equity market emerged as one of the best performers globally in 2018 in the wake of resilient macroeconomic factors despite heavy...

PSU banks look attractive after recent developments

All eyes would be on last budget of the current government to be presented before the general elections.   We expect volatility to remain in the market and street participants would now track global cues and Q3 earnings season. We believe Q2 earnings season has been mixed bag but Q3 can...

IT firms expected to deliver strong Q3 earnings; slowdown in US could be a risk

FY19 guidance by Infosys and HCL Technologies, and next quarter guidance by Wipro will also be the key metrics to watch out for.   Indian software companies, which will kick off Q3 earnings season later this week, are expected to continue to do well in December quarter driven by consistent...

Saturday, 5 January 2019

Stock Ideas

ITCThe share price of ITC has been trading in a primary up trend and is seen sustaining above the rising trend line joining the lows since CY08 signalling strength and positive price structure. During the last 15 months, the stock has been consolidating around the major support area of  265-270....

Allocate 30-40% of portfolio to small & midcaps for wealth generation; Here's how

For aggressive investors, ideal equity portfolio allocation should be somewhere in the range of 30-40 percent with respect to small & midcaps. If I tell you select midcaps still offer good value at current levels, would you believe it? Well, the way mid and smallcaps collapsed in 2018, chances...

2019 to be a good year for mid-smallcaps; 15 picks by that could return 5-93%

Indian equity benchmarks outperformed global markets in 2018. In fact, Brazil (up 15 percent) and India (3 percent on Nifty) were only gainers during the year. Favourable macros (sharp fall in crude oil prices), easing US-China trade tensions, liquidity support to NBFCs after credit crisis and rate...

Market Outlook

Equity benchmarks continue to trade with high volatility and closed the week lower by more than 1% on back of weak global cues as concern over global growth lead to decline in global equities. Broader markets also witnessed profit booking after recent outperformance as the Nifty Midcap and Nifty...

Derivatives Strategy

Market Strategy Nifty has key support placed at 10600 which is in proximity of highest Put base of 10500. The volatility has not seen any major jump due to writing seen in these Put strikes. We believe the consolidation to prevail above these levels. The Call OI base at 11000 has become highest...