Equity benchmarks extended gains for another session on October 10, with the Nifty 50 rising 0.4 percent. Market breadth favoured the bulls, as about 1,708 shares witnessed buying interest compared to 1,109 stocks that declined on the NSE. However, the market may witness some correction following Friday’s turmoil in US counterparts. Still, technically, the trend remains upward as long as the ind...

The benchmark saw a nearly 1 percent correction on August 8, after a day of sharp intraday recovery. Bears maintained their dominance over the market breadth, with about 1,808 shares declining compared to 877 rising shares on the NSE. The market may attempt a bounce back after six weeks of consistent losses, but sustainability will be the key to watch. Below are some short-term trading ideas to co...

Equity benchmarks erased significant gains in the second half of the session and closed with modest gains, with the Nifty 50 holding the 25,000 mark on June 24. Market breadth turned favourable for the bulls, with a total of 1,800 shares witnessing buying interest compared to 807 declining shares on the NSE. The market is expected to maintain an upward trend amid consolidation. Below are some shor...

The benchmark indices corrected sharply after six consecutive days of gains, falling by 1 percent on June 12 due to profit booking. Market breadth was dominated by bears, with 1,945 shares declining versus 660 advancing shares on the NSE. The market may attempt a rebound amid likely range-bound trading in the upcoming session, but the sustainability is the key watch. Below are some short-term trad...

We reiterate our Buy rating on Cera Sanitaryware (CRS) led by continued healthy demand environment aided by pick-up in the residential housing market and also from home improvement market. Our interaction with dealers and management indicates continued demand tailwind even in Q1 in the core segments of sanitaryware and faucetware. Margins should also remain firm going ahead as the company has take...