The Indian stock market has been consolidating for the past few weeks and is now just 3% shy of its all-time peak attained a year ago after a sharp bounce-back over the last one month. However, there are many stocks that are potentially in the overbo

Credit ratings agency Fitch Ratings is no longer as bullish on India’s economy as it was till recently. Fitch has slashed its India's economic growth forecast for current fiscal year to 7% from the previous estimate of 7.8%. So, what ex

The Bank Nifty on Wednesday opened gap down around the levels of 40308. It formed an open=low candle and thereafter, it went from strength to strength to gain as much as 1.3%, as a result, Bank Nifty formed a sizable bull candle after August 30. I

After a choppy day on Wednesday, the major equity indices concluded with slight losses. After touching the day's low of 17,771.15 in the opening hours of trading, the Nifty was able to close above the 18,000 mark. While IT equities experienc

The Indian stock market was affected by bearish sentiments globally on Wednesday on account of high inflation in the US and what it means for the Federal Reserve's action in the near term. Still, it has remained partly resilient and bounced back

Meanwhile, the S&P BSE SmallCap index, of which the company is a part, climbed only 5.69%. TCPL Packaging Ltd, an S&P BSE SmallCap company, has delivered multibagger returns to its shareholders in the last one year. During this perio

HOLDING PERIOD ACTION STOCK CMP SL TARGET 1 TARGET 2 BTST BUY RAYMOND 1033

The domestic markets have been trading lower in Tuesday’s trading session dragged by IT stocks. Domestic equity markets opened in negative territory due to weak global cues but faded ( or dissolved) the opening losses with buying in heavyw

Indian benchmark indices trade lower with IT stocks bearing the brunt of the damage. Monthly consumer prices unexpectedly climbed in August, boosting betting on a third consecutive 75-basis-point rate hike. Wall Street indices suffered a blo

Bank Nifty has rallied 8582 points or 26.58% from June lows. It outperformed by benchmark index, the Nifty. On a weekly closing basis, the prior lifetime high was 40323 and interestingly, for the past three days, it has managed to sustain above th

Late last month, Reserve Bank of India deputy governor T Rabi Sankar pointed out how the country’s corporate bond market had been growing over the past decade and highlighted some of the key reasons why it hadn’t developed as strongly as policyma

On Tuesday, the domestic equities benchmarks finished with significant increases. The sentiment was buoyed by encouraging global cues. The Nifty reached a closing level above 18,050. Demand was high for metal, durable goods, and financial se