The benchmark indices remained in negative terrain with moderate losses amid volatility on October 23, continuing the downtrend for the third consecutive session, despite a positive market breadth. About 1,461 shares gained against 1,039 shares that fell on the NSE. The market is expected to sustain its downtrend amid consolidation, with a "sell on rally" strategy. Below are some trading ideas for...

The Nifty IT sector has witnessed a significant long buildup in this series, with large-cap stocks showing a strong reversal in momentum. To capture this momentum, Jay Thakkar, Head of Quantitative and Derivative Research at ICICI Securities, recommends taking a bull call spread in Mphasis Ltd.As of 9:27 am on July 19, shares of Mphasis Ltd were trading at Rs 2,887.20, up by Rs 53.95 or 1.90%.Stra...

BSE Sensex and NSE Nifty trade in the green after starting the session flat amid mixed global cues. Nifty gains 0.62%, reclaiming the 18,350 level to trade at 18,381 while Sensex is at 61,628, adding 0.47% as bulls attempt to stage a recovery. Sugar stocks are surging in trade as reports suggest the government may increase the export quota for sugar in January. HDFC Bank, Reliance Industries, I...

Indonesia is focussing in a major way to promote data governance by G20 states to develop common principles for cross-border data flow as well  empower youth towards sustainable empowerment like India.Indonesia, as the current G20 chair, is encouraging G20 countries to strengthen understanding on data governance through the Digital Economy Working Group (DEWG)."Data on e-commerce platforms may ...

Shares of two IT companies Mindtree and Mphasis are trading ex-dividend today, a day ahead of their record dates for their respective final dividends. Mindtree shares was trading about 0.8% higher at Rs2,886 apiece on the BSE in Tuesday's early deals whereas that of Mphasis rose more than a per cent to Rs2,212.While announcing its Q4 earnings, Mindtree recommended a Final Dividend of 270% (Rs.27/...