US Stock Reports, Quotes and News
Niket Shah of Motilal Oswal MF discusses investment themes like AI in Indian IT, re-rating opportunities in EV and medical devices, and triggers in the telecom sector such as 5G adoption and pricing strategies.
Dr Ravi Singh predicts Nifty testing highs at 22,800 levels amidst positive sentiment. Investors advised on stop losses in volatile markets and quality stock selection in the banking sector. Traders recommended actions on top gaining stocks like Hindustan Zinc and Tata Motors.
Sandip Sabharwal emphasizes the importance of taxation in the upcoming Budget and advises a tactical approach with cash reserves. Sabharwal says foreign investors will return to India once it gets established that US inflation is clearly on the way down and the US dollar starts to weaken, India including all emerging markets will get substantial foreign investor flows
Sanjiv Bhasin, Director at IIFL Securities, discusses market predictions, FIIs impact, and how to election-proof the portfolio with HDFC Bank, Coforge, and Vodafone Idea. Bhasin says the Indian investor is mature now. The markets have become much more sanguine and there is no scope for runaway rallies or runaway falls.
Kunal Bothra suggests an election-proof portfolio with L&T, BHEL, and Amara Raja Battery. He discusses FPI short positioning, VIX jump, and market scenarios based on majority outcomes. Bothra thinks markets are very pessimistic and in that context, if there is a clear majority, I would expect maybe 8% to 10% rally from current levels.
CEO Viraj Gandhi of SAMCO Mutual Fund provides insights on market impact, sector preferences, and future trends including the renewable energy sector\’s growth in FY25.
Currently, the index is trading above its short and long-term moving averages. The daily RSI has given a breakout of a falling wedge pattern and is about to cross the 60 mark, indicating strengthening momentum. Additionally, all the other indicators and oscillators indicate strength, and hence, we expect the current positive momentum to continue.
Indian Prime Minister Modi predicts a post-election rally could propel the market to new highs, with Sensex nearing a record peak. Amidst volatility, analysts advise focusing on long-term goals and quality stocks for navigating market fluctuations.
A milder inflation report last week has investors once again pricing in U.S. rate cuts as early as September, buoying global market sentiment and in turn boosting Japanese equities
Real estate, long favored by India\’s affluent, served as an inflation hedge in a socialist economy. However, liberalization altered dynamics, shifting focus to financial assets as domestic real estate faced cyclicality amidst changing economic landscapes.
Go Digit General Insurance IPO saw oversubscription and strong retail investor interest. Backed by celebrity investors, the company plans to enhance capital with the IPO proceeds, focusing on growth and empowering distribution partners.
Investors fear low voter turnout affecting Sensex, Nifty, India VIX, and Dalal Street. Pashupati Advani warns of market dive if BJP doesn\’t secure 250 seats. Speculations and analysis highlight market worries in states like Kerala, West Bengal, and Tamil Nadu. The link between voter turnout and anti-incumbency is uncertain.