Saturday, 24 August 2019

Nifty likely to open with a gap of more than 100 points on Monday after FM booster shot

The finance minister unveiled measures to boost or improve investor and business sentiment.    The Nifty50 which closed with losses of about 2 percent for the week ended August 23 could see a strong opening when the market will resume trading on August 26 after Finance Minister Nirmala...

Watch out! Top 10 stocks brokerages downgraded post June quarter

Of 114 companies it covers, 36 percent of companies' earnings were below expectations, 15 percent were in-line and 49 percent were above estimates.      After a muted June quarter, analysts expect September quarter to be uneventful as well with most brokerages slashing the EPS...

Current market weakness not similar to 2002-2003 crisis; bet on these 4 consumption stocks

FII's outflow, slower domestic growth, weaker rupee, fiscal deficit are major concerns that should be addressed soon.   The 2002-2003 crisis in the US affected all global indices. Current economic environment is not that devastating as compared to that bear market. In the current scenario,...

FM withdraws surcharge on FPIs and domestic investors: Analysts feel market set for strong run

With Finance Minister Nirmala Sitharaman announcing withdrawal of surcharge on foreign portfolio investors, analysts are confident that this will provide the market with a much-needed boost. Withdrawal of enhanced surcharge on FPI is a big positive for Indian markets as it could reverse the outflows...