Bears continued to tighten their grip on Dalal Street on November 5 amid weak global cues, extending the intense sell-off seen in the previous session. Investors remain cautious as they brace for a pivotal week with two major events on the horizon: the U.S. presidential election and the Federal Reserve’s monetary policy meeting.At open, the Sensex was down 237.53 points or 0.30 percent at 78,544...

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...

Buy Ideas for Short TermThe benchmark indices rallied seven-tenths of a percent, marking a good start to the week on October 14, after consolidating last week. On the breadth, about 1,288 shares declined compared to 1,251 shares that advanced on the NSE. The Nifty 50 is likely to continue its upward rally given the beginning of momentum and a fall in volatility. Below are some trading ideas for th...

The lackluster trade continued in the market for three consecutive days, with the Nifty 50 closing lower by 0.14 percent on October 11. The breadth was slightly positive, with about 1,287 shares advancing compared to 1,214 shares declining on the NSE. The index is expected to consolidate with a positive bias as long as it defends the rising support trendline. Below are some trading ideas for the n...

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...