We have not updated the Nifty outlook recently as the index has been moving as anticipated. We expected a reversal (probably 100-odd points early) and the Nifty obliged with a…Continue Reading
In the prior update we mentioned that the Nifty could rally to 5,800-5,850. This target has been achieved and the Nifty is now at an area where it could run into…Continue Reading
Reliance Communications has been one of the better performing stocks this year. After a brief consolidation, the stock appears to be ready for the next leg of the uptrend. As…Continue Reading
The Nifty has seen a sharp recovery which seems to have taken quite a few people by surprise. Rather than fretting about the lost opportunity, it would make sense to…Continue Reading
The IDFC stock has fallen sharply in the past few weeks after its exclusion from the MSCI India index and the reduction in the FII limit. The recent crack has…Continue Reading
The stocks from the IT sector have outperformed this year, courtesy the depreciation in the value of the Rupee and the better-than-expected earnings reported in the recent quarters. Tech Mahindra…Continue Reading
This stock has been one of the out-performers this year. The recent price however suggests that the stock could get into healthy downside correction. The CNX FMCG index too supports…Continue Reading
The Tata Steel stock has cracked a lot this year. This prompted us to take a look at the long-term outlook and the monthly chart displayed below suggests that the…Continue Reading
In the FundsIndia FREE weekly market outlook webinar held on Friday, we discussed the possibility of a relief rally in the Nifty. The index has seen a one-sided fall with…Continue Reading
The disparate performance of the stocks from the private and public sector space was a striking feature of yesterday’s trading. While the likes of Kotak, Axis and IndusInd managed to…Continue Reading