The benchmark indices experienced a bear trap on October 3, falling more than 2 percent amid geopolitical tensions. Market breadth was negative, with about 2,022 shares declining and 495 shares advancing on the NSE. Given the weak sentiment, the market may extend its downward journey in the upcoming sessions. Below are some trading ideas for the near term:Amol Athawale, VP-Technical Research at Ko...

And just like that, the House of Cards came crashing down on October 3 as benchmark indices plunged deep into the red, rattled by Iran’s launch of ballistic missiles at Israel, sparking fears of retaliation and escalation in the war. But is this another false fall, destined to be propped up by the familiar 'buy on dips'?The geopolitical tinderbox is now the biggest threat to global equities, war...

Shares of Gujarat State Petronet Ltd (GSPL) failed to hold on to early gains and came sharply off their highs in afternoon trade on April 23, extending losses for the second straight session as a tariff cut prompted a series of downgrades.The stock took a beating in the previous session, falling 20 percent after the Petroleum and Natural Gas Regulatory Board (PNGRB) slashed tariffs for the company...

Equity benchmark indices registered their third weekly drop in four amid risk-off sentiment triggered by worries over global growth and the future course of interest rates. Sentiment dampened across the global markets on account of the global banking crisis intensified and spread from the US to Europe. As a result, Nifty slipped 313 points or 1.8% to close at 17100 while Sensex dropped 1145 points...

Petronet LNG (PLNG) reported Q3FY22 Ebitda of Rs 17.3 bn ( 29.7% y-o-y/ 33.6% q-o-q) ahead of our estimate due to high marketing margin (~2.2x y-o-y), partially offset by muted volumes (-11.5% y-o-y).Highlights: (i) Dahej terminal logged muted utilisation of 86.4%. PLNG refrained from giving Q4 guidance given high and volatile spot LNG. Recent start of the Kochi-Mangalore pipeline will lift Kochi...