As the market dived into a phase of correction in the past few months amid heated valuations and sharp profit booking from exuberant levels, investors had been on the lookout for new leaders to steer the next leg of the bull run. While once-beloved sectors like defense, railways, and construction took a breather, quick commerce players like Zomato and Swiggy have quietly been making their way to t...

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 ...