Bears gained more strength on December 19, driving the benchmark indices down by 1 percent with negative market breadth. A total of 1,605 shares declined, while 908 shares advanced on the NSE. After the significant weakness over the last four days, the market may see consolidative and rangebound trading with a slightly negative bias. Below are some trading ideas for the near term:Mandar Bhojane, E...

Top Buy IdeasThe market rebounded and recouped all its previous day's losses, closing the rangebound session on a positive note on November 27, with breadth consistently favoring bulls. About 1,729 shares gained, compared to 743 declining shares on the NSE. The rangebound trade is expected to continue in the upcoming session, though the overall trend remains positive. Below are some trading ideas ...

The Nifty200 Momentum 30 index emerged as one of the top leaders among various indices, across broader markets, sectoral indices, as well as strategy indices. So far in trade, the index has jumped two percent, as compared to the benchmark Nifty 50's gain of half a percent.The index aims to the performance of 30 high momentum stocks across large and mid-cap stocks which comprise the Nifty 200 index...

Trent witnessed sharp growth in revenues in Q1FY23, which were much ahead of estimates. 3Y revenues CAGR at ~30% was impressive. GMs declined as the intensity in discounting and promotions returned. Costs normalised and Ebitda was in line. Westside clocked 24% LFL growth on a 3Y basis, but pent-up demand should have helped, in our view. We revise up our estimates by 7-9%. While we like the struct...