News

MCX Crude oil December is likely to hold the support near 5750 and rise towards 5950 - ICICI Direct Bullion Outlook * Spot gold is expected to extend its rebound towards $2680 amid safe haven buying. Escalating geopolitical tension between Russian and Ukraine and risk off sentiments could provide some support to the bullions. Meanwhile, diminishing probability of 25 bps interest rate cut by the Fed in December could restrict its upside. As per the CME Fed watch tool Dec rate cut has reduced to 56% from 82% a week ago. Now, focus will remain on speeches from the Fed members and key econom...
MCX Crude oil December is likely to hold the support near 5750 and rise towards 5950 - ICICI Direct
MCX Crude oil December is likely to hold the support near 5750 and rise towards 5950 - ICICI Direct
Source: ICICI Direct
2024-11-21 10:06:24 am
The supportive efforts from 200 days ema helped index to resolve higher - ICICI Direct Nifty :23518 Technical Outlook Day that was… Equity benchmark snapped seven sessions losing streak tracking firm global cues. Nifty gained 65 points to settle the volatile session at 23518. Market breadth tuned in favour of advances with A/D ratio of 1.5:1. Sectorally, barring Metal, PSU Banks, Oil & Gas all other sectors gained lead by auto, pharma, realty Technical Outlook: * The supportive efforts from 200 days ema helped index to resolve higher. However, pro...
The supportive efforts from 200 days ema helped index to resolve higher - ICICI Direct
The supportive efforts from 200 days ema helped index to resolve higher - ICICI Direct
Source: ICICI Direct
2024-11-21 09:47:40 am
Stock Picks : Mahindra&Mahindra Ltd and Divi`s Laboratories Ltd By ICICI Direct Mahindra&Mahindra Ltd Buy Mahindra&Mahindra Ltd @ 2836-2840 Target 2869.00 Stop Loss 2821.40   Divi’s Laboratories Ltd Buy Divi’s Laboratories Ltd @ 5878-5882 Target 5942.00 Stop Loss 2821.40   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Mahindra&Mahindra Ltd and Divi`s Laboratories Ltd By ICICI Direct
Stock Picks : Mahindra&Mahindra Ltd and Divi`s Laboratories Ltd By ICICI Direct
Source: ICICI Direct
2024-11-21 09:40:39 am
Stock Picks : Power Finance Corporation Ltd and Havells India Ltd By ICICI Direct Power Finance Corporation Ltd Buy Power Finance Corporation Ltd @ 457.50-458.50 Target 464.00 Stop Loss 454.80   Havells India Ltd   Buy Havells India Ltd. @ 1609-1611 Target 1628.00 Stop Loss 1602.30     Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Power Finance Corporation Ltd and Havells India Ltd By ICICI Direct
Stock Picks : Power Finance Corporation Ltd and Havells India Ltd By ICICI Direct
Source: ICICI Direct
2024-11-19 10:55:36 am
The index started the truncated week on a subdued note and traded with a corrective bias throughout the day - ICICI Direct Nifty :23454 Technical Outlook Day that was… Equity benchmark extended its losing streak over seventh session in a row tracking subdued global cues coupled with FII’s persistent sell-off. Nifty lost 0.3% to settle the Monday’s session at 23454, down 79 points or 0.35%. Broader market remained in favour of declines with A/D ratio of 1:1.7. Sectorally, Metal, FMCG, Auto remained in limelight while IT, pharma, Oil & gas extended breather Technical Outlook: *...
The index started the truncated week on a subdued note and traded with a corrective bias throughout the day - ICICI Direct
The index started the truncated week on a subdued note and traded with a corrective bias throughout the day - ICICI Direct
Source: ICICI Direct
2024-11-19 10:27:44 am
Spot gold has formed a bullish engulfing pattern after rebounding from the 100 day EMA at $2530, which could support the bullions to trade higher - ICICI Direct Bullion Outlook * Spot gold is to expected to extend its rebound towards $2635 amid retreat in the US dollar and moderation in treasury yields. Dovish comments from the Fed member Goolsbee has relieved the concerns of a monetary easing halt, which is likely to provide more support to the bullions to trade higher. Additionally , escalating geopolitical tension and risk off sentiments could provide some support to the bullions. Now, focus will remain on speech from the Fed members and key ec...
Spot gold has formed a bullish engulfing pattern after rebounding from the 100 day EMA at $2530, which could support the bullions to trade higher - ICICI Direct
Spot gold has formed a bullish engulfing pattern after rebounding from the 100 day EMA at $2530, which could support the bullions to trade higher - ICICI Direct
Source: ICICI Direct
2024-11-19 09:11:36 am
Stock Picks : Indian Hotels Company Ltd and GAIL Ltd By ICICI Direct Indian Hotels Company Ltd Buy Indian Hotels Company Ltd @ 730-732 Target 739.00 Stop Loss 726.80   GAIL Ltd Sell GAIL Ltd @ 192-193 Target 190.00 Stop Loss 194.30   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Indian Hotels Company Ltd and GAIL Ltd By ICICI Direct
Stock Picks : Indian Hotels Company Ltd and GAIL Ltd By ICICI Direct
Source: ICICI Direct
2024-11-18 10:51:57 am
MCX Crude oil December is likely to hold the support near 5600 and rise towards 5900 - ICICI Direct Bullion Outlook • Spot gold is to expected to face the hurdle near $2600 and move lower towards $2530 amid strong US dollar and shift in Fed rate- cut expectations. Hawkish comments from the Fed members and declining probability of more rate cuts in the coming year would restrict upside in bullions. Meanwhile , escalating geopolitical tension and risk off sentiments could provide some support to the bullions. Now, focus will remain on speech from the Fed members which could bring furt...
MCX Crude oil December is likely to hold the support near 5600 and rise towards 5900 - ICICI Direct
MCX Crude oil December is likely to hold the support near 5600 and rise towards 5900 - ICICI Direct
Source: ICICI Direct
2024-11-18 10:45:38 am
The index started the week on a subdued note and gradually inched southward as the week progressed - ICICI Direct Nifty :23533 Technical Outlook Day that was… Nifty extended losses and settled 2.5% lower for the week at 23532 as FII's selling continued amid rise in US Dollar index and bond yields that weighed on market sentiment. Broader market relatively underperformed as Nifty midcap, small cap closed 4% lower. Sectorally, Barring IT all major indices ended in red weighed down by metal, PSU Banks Technical Outlook: * The index started the week on a subdued note and gradua...
The index started the week on a subdued note and gradually inched southward as the week progressed - ICICI Direct
The index started the week on a subdued note and gradually inched southward as the week progressed - ICICI Direct
Source: ICICI Direct
2024-11-18 10:06:46 am
Index Starts Subdued, Drifts Downward as Pullbacks Are Sold Into - ICICI Direct Nifty :23559 Technical Outlook Day that was… Equity benchmark continued with its losing streak over fifth consecutive session tracking inflation data, continues FII’s selling and below expectation Q2 earnings. Nifty settled the session at 23559, down 324 points or 1.3%. Market breadth remained in favour of declines with A/D ratio of 1:6 as broader market continued with underperformance. Sectorally, all major indices ended in red weighed down by metal, financials, realty ...
Index Starts Subdued, Drifts Downward as Pullbacks Are Sold Into - ICICI Direct
Index Starts Subdued, Drifts Downward as Pullbacks Are Sold Into - ICICI Direct
Source: ICICI Direct
2024-11-14 10:47:36 am
Spot gold is to expected to face the hurdle near $2600 and move lower towards $2530 -ICICI Direct Metal’s Outlook Bullion Outlook * Spot gold is to expected to face the hurdle near $2600 and move lower towards $2530 amid strong US dollar and rise in treasury yields. Sticky inflation data and expectation of rise in PPI numbers could derail the Fed’s rate cut plans after December. US PPI is likely to rise to 0.2% MoM. Moreover, long liquidation after the omission of political risk premiums is likely to weigh on the metal prices. Meanwhile, focus will remain on key US weekl...
Spot gold is to expected to face the hurdle near $2600 and move lower towards $2530 -ICICI Direct
Spot gold is to expected to face the hurdle near $2600 and move lower towards $2530 -ICICI Direct
Source: ICICI Direct
2024-11-14 10:36:27 am
Stock Picks : HDFC Life Insurance Company Ltd and Lupin Ltd By ICICI Direct HDFC Life Insurance Company Ltd Buy HDFC Life Insurance Company Ltd @ 724-726 Target 733.50 Stop Loss 720.40   Lupin Ltd Buy Lupin Ltd @ 2090-2094 Target 2073.00 Stop Loss 2104.50   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : HDFC Life Insurance Company Ltd and Lupin Ltd By ICICI Direct
Stock Picks : HDFC Life Insurance Company Ltd and Lupin Ltd By ICICI Direct
Source: HDFC Securities
2024-10-24 10:39:42 am
The benchmark continued with its downward momentum over third session in a row - ICICI Direct Nifty : 24436 Technical Outlook Day that was… The benchmark continued with its downward momentum over third session in a row. Nifty settled Wednesday’s session at 24435, down 36 points or 0.15%. The market breadth turned positive with A/D ratio of 1.6:1 as boarder market relatively outperformed wherein midcap gained 0.6% while small cap index zoomed 1.25%. Sectorally, traction in IT, PSU banks helped index to minimize losses while pharma underwent profit booking Techn...
The benchmark continued with its downward momentum over third session in a row - ICICI Direct
The benchmark continued with its downward momentum over third session in a row - ICICI Direct
Source: ICICI Direct
2024-10-24 09:42:46 am
Stock Picks : National Aluminium Company Ltd By ICICI Direct National Aluminium Company Ltd   Buy National Aluminium Company Ltd @ 226-231 Target 248.00 Stop Loss 219.00   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : National Aluminium Company Ltd By ICICI Direct
Stock Picks : National Aluminium Company Ltd By ICICI Direct
Source: ICICI Direct
2024-10-23 10:47:31 am
The benchmark extended corrective bias tracking FII’s persistent selling coupled with mixed earnings - ICICI Direct Nifty : 24472 Technical Outlook Day that was… The benchmark extended corrective bias tracking FII’s persistent selling coupled with mixed earnings. Nifty settled Tuesday’s session at 24472, down 309 points or 1.25%. The market breadth remained in favour of declines with A/D ratio of 1:8 as boarder market relatively underperformed wherein midcap lost 2.5% while smallcap lost 3.9%. Sectorally, all major indices ended in red dragged by financials, auto, metal Techn...
The benchmark extended corrective bias tracking FII’s persistent selling coupled with mixed earnings - ICICI Direct
The benchmark extended corrective bias tracking FII’s persistent selling coupled with mixed earnings - ICICI Direct
Source: ICICI Direct
2024-10-23 09:56:58 am
Stock Picks : Larsen&Toubro Ltd And GAIL Ltd By ICICI Direct Larsen&Toubro Ltd Buy Larsen&Toubro Ltd @ 3578-3582 Target 3618.00 Stop Loss 3561.80   GAIL Ltd Buy Indian Energy Exchange Ltd @ 221-222 Target 219.00 Stop Loss 222.80   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Larsen&Toubro Ltd And GAIL Ltd By ICICI Direct
Stock Picks : Larsen&Toubro Ltd And GAIL Ltd By ICICI Direct
Source: ICICI Direct
2024-10-22 11:47:34 am
Spot gold is likely to rally further towards $2740 level as long as it stays above $2700 level - ICICI Direct Metal’s Outlook Bullion Outlook * Spot gold is likely to continue with its upward momentum and rise further towards $2740 level amid rise in demand for safe haven due to uncertainty surrounding US election and escalating geopolitical tensions in Middle East. Additionally, dovish comments from policymakers will continue to support gold prices. US Fed officials sees more rate cuts ahead while ECB officials also predicts further rate cuts. Looser monetary policy across major economie...
Spot gold is likely to rally further towards $2740 level as long as it stays above $2700 level - ICICI Direct
Spot gold is likely to rally further towards $2740 level as long as it stays above $2700 level - ICICI Direct
Source: ICICI Direct
2024-10-22 10:19:16 am
The index witnessed range bound activity after initial dip - ICICI Direct Nifty : 24781 Technical Outlook Day that was… The benchmark started the week on a subdued note despite firm global cues. Nifty settled the Monday’s session at 24781, down 0.3%. The market breadth turned negative with A/D ratio of 1:3 as boarder market relatively underperformed. Sectorally, barring Auto, all other indices ended in red as IT, metal, Oil & Gas underwent profit booking Technical Outlook: * The index witnessed range bound activity after initial dip....
The index witnessed range bound activity after initial dip - ICICI Direct
The index witnessed range bound activity after initial dip - ICICI Direct
Source: ICICI Direct
2024-10-22 09:59:38 am
Stock Picks : HDFC Life Insurance Company Ltd And Tata Steel Ltd By ICICI Direct HDFC Life Insurance Company Ltd Buy HDFC Life Insurance Company Ltd @ 740-742 Target 749.50 Stop Loss 736.70   Tata Steel Ltd Buy Tata Steel Ltd @ 154-155 Target 156.50 Stop Loss 153.40   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : HDFC Life Insurance Company Ltd And Tata Steel Ltd By ICICI Direct
Stock Picks : HDFC Life Insurance Company Ltd And Tata Steel Ltd By ICICI Direct
Source: ICICI Direct
2024-10-21 10:20:57 am
The benchmark extended losses over third consecutive week despite positive global cues - ICICI Direct Nifty : 24854 Technical Outlook Day that was… The benchmark extended losses over third consecutive week despite positive global cues. Nifty settled the week at 24854, down 0.4%. However, small cap index outperformed by gaining 0.3% for the week. Sectorally, financials outshone while auto, consumption underwent profit booking Technical Outlook: • Friday’s up move helped index to recover some of intraday-week losses and settled the week on a flat to negative not...
The benchmark extended losses over third consecutive week despite positive global cues - ICICI Direct
The benchmark extended losses over third consecutive week despite positive global cues - ICICI Direct
Source: ICICI Direct
2024-10-21 09:28:35 am
MCX Copper October is expected to rise further towards 832 level as long as it stays above 815 level - ICICI Direct Metal’s Outlook Bullion Outlook * Spot gold is likely to continue with its upward momentum and rise further towards $2750 level amid weakness in dollar and softening of US treasury yields. Further, prices may rally on rise in demand for safe haven due to uncertainty surrounding US election and ongoing geopolitical tensions. Furthermore, prices may rally on expectations that major central banks across globe would continue to ease monetary policy further. Additionally, fund buy...
MCX Copper October is expected to rise further towards 832 level as long as it stays above 815 level - ICICI Direct
MCX Copper October is expected to rise further towards 832 level as long as it stays above 815 level - ICICI Direct
Source: ICICI Direct
2024-10-21 09:20:02 am
Stock Picks :  State Bank Of India Ltd and Gas Authority Of India Ltd By ICICI Direct  State Bank Of India Ltd Buy  State Bank Of India Ltd @ 804-805 Target 813.20 Stop Loss 799.80   Gas Authority Of India Ltd Buy Gas Authority Of India Ltd @222-223 Target 219.80 Stop Loss 223.80   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks :  State Bank Of India Ltd and Gas Authority Of India Ltd By ICICI Direct
Stock Picks :  State Bank Of India Ltd and Gas Authority Of India Ltd By ICICI Direct
Source: ICICI Direct
2024-10-18 10:52:23 am
The index started the session on a negative note and consolidated post initial decline - ICICI Direct Nifty : 24750 Technical Outlook Day that was… The benchmark extended losses over third consecutive session despite positive global cues. Nifty lost 221 points or 0.9% to settle weekly expiry session at 24750. Market breadth turned negative as broader relatively underperformed. Sectorally, barring IT all major indices ended in red dragged by auto, consumer durable, realty Technical Outlook: * The index started the session on a subdued note and gradually inched downward as...
The index started the session on a negative note and consolidated post initial decline - ICICI Direct
The index started the session on a negative note and consolidated post initial decline - ICICI Direct
Source: ICICI Direct
2024-10-18 09:59:28 am
MCX Silver December is expected to rise towards 93,500 level as long as it trades above 91,000 level - ICICI Direct Metal’s Outlook Bullion Outlook * Spot gold has surpassed the key psychological level of $2700 level and is likely to rise further towards $2720 level amid upsurge in demand for safe haven due to uncertainty surrounding US election, worries over rising US national debt and ongoing geopolitical tensions. Furthermore, prices may rally on expectations that major central banks across globe would continue to ease monetary policy further. ECB after 3 rd rate cut is likely to go for anot...
MCX Silver December is expected to rise towards 93,500 level as long as it trades above 91,000 level - ICICI Direct
MCX Silver December is expected to rise towards 93,500 level as long as it trades above 91,000 level - ICICI Direct
Source: ICICI Direct
2024-10-18 09:39:27 am
MCX Silver December is expected to rise towards 93,500 level as long as it trades above 91,200 level - ICICI Direct Metal’s Outlook Bullion Outlook *Spot gold is expected to surpass the stiff resistance of $2385 level and rise further towards $2700 level amid softening of global bond yields. Yields are moving south on expectations that major central banks would further ease monetary policy. Recent import price index indicated benign inflation outlook which may keep Fed on course of cutting rates. Additionally, soft inflation data in UK reinforced bets on BOE rate cut in November and made furthe...
MCX Silver December is expected to rise towards 93,500 level as long as it trades above 91,200 level - ICICI Direct
MCX Silver December is expected to rise towards 93,500 level as long as it trades above 91,200 level - ICICI Direct
Source: ICICI Direct
2024-10-17 11:35:57 am
Stock Picks : National Aluminium Company Ltd And Chambal Fertilisers and Chemicals Ltd By ICICI Direct National Aluminium Company Ltd Buy National Aluminium Company Ltd @ 216-217 Target 219.20 Stop Loss 215.20   Chambal Fertilisers and Chemicals Ltd Buy Chambal Fertilisers and Chemicals Ltd @ 500-502 Target 507.00 Stop Loss 498.20   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : National Aluminium Company Ltd And Chambal Fertilisers and Chemicals Ltd By ICICI Direct
Stock Picks : National Aluminium Company Ltd And Chambal Fertilisers and Chemicals Ltd By ICICI Direct
Source: ICICI Direct
2024-10-17 11:06:09 am
The index pared initial gains and gradually drifted downward as the day progressed - ICICI Direct Nifty : 24971 Technical Outlook Day that was… The benchmark concluded volatile session on a subdued note tracking muted global cues. Nifty lost 86 points to settle the session at 24971. However, despite corrective bias in the benchmark smallcap index settled on a flat note. Sectorally, NBFC, Oil & Gas, Realty while auto, IT extended breather Technical Outlook: * The index started the session on a positive note however failed to capitalise initial up move and eve...
The index pared initial gains and gradually drifted downward as the day progressed - ICICI Direct
The index pared initial gains and gradually drifted downward as the day progressed - ICICI Direct
Source: ICICI Direct
2024-10-17 10:24:27 am
Stock Picks : State Bank of India Ltd And Indian Energy Exchange Ltd By ICICI Direct State Bank of India Ltd Buy State Bank of India Ltd @ 800-802 Target 810.20 Stop Loss 796.50   Indian Energy Exchange Ltd Buy Indian Energy Exchange Ltd @ 192.50-193.50 Target 191.00 Stop Loss 194.60   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : State Bank of India Ltd And Indian Energy Exchange Ltd By ICICI Direct
Stock Picks : State Bank of India Ltd And Indian Energy Exchange Ltd By ICICI Direct
Source: ICICI Direct
2024-10-16 10:11:21 am
The index erased Monday`s gains and settled the session on a subdued note - ICICI Direct Nifty : 25057 Technical Outlook Day that was… The index erased Monday’s gains and settled the session on a subdued note. Nifty lost 70 points to settle at 25057. Broader market relatively outperformed wherein Small cap gained >1%. Sectorally, financials, FMCG, realty remained upbeat while auto, metal took a breather Technical Outlook: • The index consolidated in a narrow range after initial decline. Daily price resulted into bearish candle carrying higher h...
The index erased Monday`s gains and settled the session on a subdued note - ICICI Direct
The index erased Monday`s gains and settled the session on a subdued note - ICICI Direct
Source: ICICI Direct
2024-10-16 09:28:28 am
Stock Picks : Tech Mahindra Ltd And State Bank of India Ltd By ICICI Direct Tech Mahindra Ltd Buy Tech Mahindra Ltd @ 1686-1689 Target 1706.00 Stop Loss 1678.40   State Bank of India Ltd Buy State Bank of India Ltd @ 804.50-805.50 Target 813.60 Stop Loss 800.70   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Tech Mahindra Ltd And State Bank of India Ltd By ICICI Direct
Stock Picks : Tech Mahindra Ltd And State Bank of India Ltd By ICICI Direct
Source: ICICI Direct
2024-10-15 11:41:01 am
MCX Copper October is expected to dip further towards 820 level as long as it stays below 835 level - ICICI Direct Metal’s Outlook Bullion Outlook * Spot gold is expected to rise back towards $2670 level amid expectation of correction in dollar and softening of US treasury yields. Further, escalating geopolitical tension in region will increase demand for safe haven. China conducted large scale military exercises around Taiwan and its islands yesterday in what it called a "warning" against Taiwan's independence. Moreover, investors will keep an close eye on economic data fro...
MCX Copper October is expected to dip further towards 820 level as long as it stays below 835 level - ICICI Direct
MCX Copper October is expected to dip further towards 820 level as long as it stays below 835 level - ICICI Direct
Source: ICICI Direct
2024-10-15 10:51:31 am
The index started the week on a positive note and gradually inched upward as the day progressed - ICICI Direct Nifty : 25128 Technical Outlook Day that was… The index started the session on a buoyant note tracking firm global cues. Nifty settled Monday’s session at 25128, up 164 points or 0.65%. Broader market performed in tandem with the benchmark. Sectorally, financials, IT, realty outshone while metal, oil & gas took a breather Technical Outlook: * The index started the week on a positive note and gradually inched upward as the day progressed. As a result, daily...
The index started the week on a positive note and gradually inched upward as the day progressed - ICICI Direct
The index started the week on a positive note and gradually inched upward as the day progressed - ICICI Direct
Source: ICICI Direct
2024-10-15 09:58:44 am
Stock Picks : Steel Authority of India Ltd And Exide Industries Ltd By ICICI Direct Steel Authority of India ltd Buy Steel Authority of India Ltd @ 133.50-134.50 Target 136.60 Stop Loss 132.70   Exide Industries ltd Buy Exide Industries Ltd @ 530-531 Target 536.00 Stop Loss 527.50   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Steel Authority of India Ltd And Exide Industries Ltd By ICICI Direct
Stock Picks : Steel Authority of India Ltd And Exide Industries Ltd By ICICI Direct
Source: ICICI Direct
2024-10-14 12:15:35 pm
Spot Silver is expected to dip further towards $30.50 level as long as it stays below $31.50 level - ICICI Direct Metal’s Outlook Bullion Outlook * Spot gold is expected to slip further towards $2620 level amid firm dollar. Meanwhile, inventors will keep an close eye on economic data from US and comments from Fed officials to get fresh cues on the Federal Reserve's monetary policy path. Additionally, escalating tension in Middle East will increase demand for Safe haven. United States said it will send US troops to Israel along with an advanced US anti-missile system to bolster Israel...
Spot Silver is expected to dip further towards $30.50 level as long as it stays below $31.50 level - ICICI Direct
Spot Silver is expected to dip further towards $30.50 level as long as it stays below $31.50 level - ICICI Direct
Source: ICICI Direct
2024-10-14 10:55:18 am
The index started the week on a subdued note - ICICI Direct Nifty : 24964 Technical Outlook Day that was… Index recouped intra-week losses as investors shrugged off geopolitical concerns while RBI policy and Haryana state election outcome further boosted the market sentiment. Consequently, Nifty settled the volatile week on a flat note at 24964. Broader market outperformed by gaining >1% Technical Outlook: * The index started the week on a negative note. However, supportive efforts from 50 days EMA amid oversold condition...
The index started the week on a subdued note - ICICI Direct
The index started the week on a subdued note - ICICI Direct
Source: ICICI Direct
2024-10-14 10:04:10 am
Stock Picks : HDFC Bank Ltd And Havells India Ltd By ICICI Direct HDFC Bank Ltd Buy HDFC Bank Ltd @ 1658-1660 Target 1676.00 Stop Loss 1649.80   Havells India Ltd Buy Havells India Ltd @ 1937-1938 Target 1958.00 Stop Loss 1926.40   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : HDFC Bank Ltd And Havells India Ltd By ICICI Direct
Stock Picks : HDFC Bank Ltd And Havells India Ltd By ICICI Direct
Source: ICICI Direct
2024-10-11 12:05:02 pm
MCX Natural gas October is expected to rise further towards 235 level as long as it trades above 219 level - ICICI Direct Metal’s Outlook Bullion Outlook * Spot gold is expected to rise further towards $2650 level amid weakness in dollar and softening of US treasury yields. Dollar and Yields are moving south as recent back of mixed economic data cemented hopes that US Federal Reserve will deliver another rate cut in November meeting but of smaller magnitude. Further, escalating tension in Middle East will increase the demand for safe haven. Moreover, investors focus will now shift to US PPI data...
MCX Natural gas October is expected to rise further towards 235 level as long as it trades above 219 level - ICICI Direct
MCX Natural gas October is expected to rise further towards 235 level as long as it trades above 219 level - ICICI Direct
Source: ICICI Direct
2024-10-11 11:05:23 am
Nifty consolidated in a narrow range after initial up move and formed an inside bar, indicating breather amid stock specific action ahead of US inflation print - ICICI Direct Nifty : 24998 Technical Outlook Day that was… Equity benchmark settled the session on positive note buoyed by US rate cut expectation. Nifty gained 16 points to settle the session at 24998. The market breadth remained positive. Sectorally, banking lead the show while IT, pharma witnessed profit booking Technical Outlook: * Nifty consolidated in a narrow range after initial up move and formed an inside bar, indicating breather amid stock specific action ahead of US i...
Nifty consolidated in a narrow range after initial up move and formed an inside bar, indicating breather amid stock specific action ahead of US inflation print - ICICI Direct
Nifty consolidated in a narrow range after initial up move and formed an inside bar, indicating breather amid stock specific action ahead of US inflation print - ICICI Direct
Source: ICICI Direct
2024-10-11 10:07:53 am
Stock Picks : HDFC Bank Ltd And Lupin Ltd By ICICI Direct HDFC Bank Ltd Buy HDFC Bank Ltd @ 1635-1637 Target 1654.00 Stop Loss 1628.20   Lupin Ltd Buy Lupin Ltd @ 2287-2289 Target 2312.00 Stop Loss 2276.40   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : HDFC Bank Ltd And Lupin Ltd By ICICI Direct
Stock Picks : HDFC Bank Ltd And Lupin Ltd By ICICI Direct
Source: ICICI Direct
2024-10-10 12:08:43 pm
MCX Aluminum is expected to move back towards 236 level as long as it stays above 231 level - ICICI Direct Metal’s Outlook Bullion Outlook * Spot gold is expected to break psychological support of $2600 level and dip further towards $2580 level on strong dollar and rise in US treasury yields across curve following release of FOMC meeting minutes. Previous week strong job data and yesterday’s FOMC meeting minutes cemented hopes that US Fed would take gradual approach towards rate cut. Moreover, investors will remain cautious ahead of inflation report and initial jobless claim...
MCX Aluminum is expected to move back towards 236 level as long as it stays above 231 level - ICICI Direct
MCX Aluminum is expected to move back towards 236 level as long as it stays above 231 level - ICICI Direct
Source: ICICI Direct
2024-10-10 11:07:04 am
Nifty pared initial gains post RBI`s policy outcome and settled the session marginally below 25000 mark - ICICI Direct Nifty : 24982 Technical Outlook Day that was… Equity benchmark concluded volatile session on a subdued note. The Nifty settled Wednesday’s session at 24982, down 31 points. However, market breadth remained positive as with A/D ratio of 2:1 as broader market continued with its relative outperformance. Sectorally, pharma, auto, realty outshone while FMCG, oil & gas took a breather Technical Outlook: * Nifty pared initial gains post RBI’s policy outcome...
Nifty pared initial gains post RBI`s policy outcome and settled the session marginally below 25000 mark - ICICI Direct
Nifty pared initial gains post RBI`s policy outcome and settled the session marginally below 25000 mark - ICICI Direct
Source: ICICI Direct
2024-10-10 10:35:29 am
Copper prices are expected to trade with negative bias amid firm dollar and risk aversion in the global markets - ICICI Direct Metal’s Outlook Bullion Outlook * Spot gold is expected to slip further towards $2600 level amid firm dollar and rise in global bond yields. Further, investors will remain cautious ahead of FOMC meeting minutes as it will provide in-depth understandings into the economic and financial conditions that influenced their vote on interest rates. Moreover, as per CME FedWatch tool, markets has priced out a 50bps reduction at the November meeting. Rise in OI concentration at $2650 call s...
Copper prices are expected to trade with negative bias amid firm dollar and risk aversion in the global markets - ICICI Direct
Copper prices are expected to trade with negative bias amid firm dollar and risk aversion in the global markets - ICICI Direct
Source: ICICI Direct
2024-10-09 10:52:36 am
Stock Picks : Glenmark Pharmaceuticals Ltd And Hindustan Petroleum Corporation Ltd By ICICI Direct Glenmark Pharmaceuticals Ltd Buy Glenmark Pharmaceuticals Ltd @ 1730-1732 Target 1750.00 Stop Loss 1721.80   Hindustan Petroleum Corporation Ltd Buy Hindustan Petroleum Corporation Ltd @ 389-390 Target 394.50 Stop Loss 387.20   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Glenmark Pharmaceuticals Ltd And Hindustan Petroleum Corporation Ltd By ICICI Direct
Stock Picks : Glenmark Pharmaceuticals Ltd And Hindustan Petroleum Corporation Ltd By ICICI Direct
Source: ICICI Direct
2024-10-09 10:41:00 am
The index staged a strong rebound after initial blip and gradually inched upward as intraday dips were bought into while discounting state election outcome - ICICI Direct Nifty : 25013 Technical Outlook Day that was… Equity benchmark snapped six session losing streak and settled Tuesdays session at 25013, up 217 points or 0.9% tracking state election outcome. The market breadth turned positive with A/D ratio of 4:1 as broader market relatively outperformed. Sectorally, financials, auto, pharma outshone while metal took a breather after recent sharp up move Technical Outlook: * Nifty maintained the rhythm of not correcting for more than 6 ...
The index staged a strong rebound after initial blip and gradually inched upward as intraday dips were bought into while discounting state election outcome - ICICI Direct
The index staged a strong rebound after initial blip and gradually inched upward as intraday dips were bought into while discounting state election outcome - ICICI Direct
Source: ICICI Direct
2024-10-09 09:51:35 am
Stock Picks : ITC Ltd and Apollo Tyre Ltd By ICICI Direct   ITC Ltd Buy ITC Ltd @ 506-507 Target 512.20 Stop Loss 503.90   Apollo Tyre Ltd Buy Apollo Tyre Ltd @ 504-505 Target 499.80 Stop Loss 507.60   Please refer disclaimer at https://www.religareonline.com/disclaimer SEBI Registration number is INZ000174330
Stock Picks : ITC Ltd and Apollo Tyre Ltd By ICICI Direct
Stock Picks : ITC Ltd and Apollo Tyre Ltd By ICICI Direct
Source: ICICI Direct
2024-10-08 10:19:51 am
The daily price action resulted into sizable bear candle carrying lower high low indicating corrective bias - ICICI Direct Nifty : 24796 Technical Outlook Day that was… Equity benchmark extended losses over sixth session in a row tracking intensified geopolitical issue. Nifty plunged 218 points or 0.9% to settle Monday’s session at 24796. Sectorally, barring IT, all major indices ended in red weighed down by financials, metal, Oil & Gas Technical Outlook: * The index started the week on a negative note and gradually inched southward as intraday pullbacks were short lived. The daily...
The daily price action resulted into sizable bear candle carrying lower high low indicating corrective bias - ICICI Direct
The daily price action resulted into sizable bear candle carrying lower high low indicating corrective bias - ICICI Direct
Source: ICICI Direct
2024-10-08 10:06:58 am
Stock Picks : Bank of Baroda Ltd And Apollo Tyre Ltd By ICICI Direct Bank of Baroda Ltd Buy Bank of Baroda Ltd @ 248.50-249.50 Target 252.00 Stop Loss 247.40   Apollo Tyre Ltd Buy Apollo Tyre Ltd @ 514-515 Target 509.80 Stop Loss 517.70   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631
Stock Picks : Bank of Baroda Ltd And Apollo Tyre Ltd By ICICI Direct
Stock Picks : Bank of Baroda Ltd And Apollo Tyre Ltd By ICICI Direct
Source: ICICI Direct
2024-10-07 10:41:44 am
PSU bank index is hovering around key support and expected to attract supportive efforts near their long term mean - ICICI Direct Nifty : 25015 Technical Outlook Week that was… Nifty snapped three-week winning streak tracking escalating geopolitical worries and settled the week with a biggest cut since June22 of 4.3% at 25050 amid heavy sell off by FII’s. Barring Metal, all major indices ended in red weighed down by financials, auto, realty. Technical Outlook: * The index started the week on a negative note and accelerated downward momentum on the breach of last week’s low of 25800. As ...
PSU bank index is hovering around key support and expected to attract supportive efforts near their long term mean - ICICI Direct
PSU bank index is hovering around key support and expected to attract supportive efforts near their long term mean - ICICI Direct
Source: ICICI Direct
2024-10-07 10:08:00 am