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Showing posts with the label market sentiment

Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%

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[hfe_template id='11223'] [ad_1] BSE Smallcap's 2% weekly slide had 821 culprits to blame for as they fell up to 43% in the truncated week that ended on Thursday. In this, 116 counters plunged in double-digits as the overall sentiments remained subdued on US recession fears and tariff wars, unleashed by President Donald Trump. The top 10 laggards in the week gone by include BMW Industries, Triveni Turbine, Veranda Learning Solutions, Jai Corp, Orchid Pharma, Coffee Day Enterprises, Max Estates, EKI Energy Services, Gensol Engineering and K&R Rail Engineering which fell between 16% and 43%. Others with double-digit decline include Sapphire Foods India, Aditya Birla Real Estate, Balu Forge Industries, Swan Energy, Birlasoft, Hindustan Construction Company, Texmaco Rail & Engineering, Vakrangee and Senco Gold.Smallcap PSU stocks like Housing & Urban Development Corporation (HUDCO), Bharat Dynamics, Cochin Shipyard, NBCC (India), BEML, Railtel Corporation Of ...

NTPC Green shares crack 9%, hit 52-week low as shareholder 3 month lock-in period ends today

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[hfe_template id='11223'] [ad_1] Shares of NTPC Green Energy cracked 9% to hit their new 52-week low of Rs 96.20 on the BSE on Monday, February 24, as its 3-month shareholder lock-in period expires today, freeing up 183 million shares to trade in the open market. This development means that nearly 183 million shares of NTPC Green Energy, which were previously restricted and could not be sold, are now eligible for trading. According to a report by domestic research firm Nuvama Alternative & Quantitative Research, these unlocked shares represent approximately 2% of the company’s total outstanding shares. A three-month share lock-in period refers to a specific duration of three months during which certain shareholders are restricted from selling or transferring their shares in the stock market. This restriction is often imposed following an initial public offering (IPO) to prevent a massive sell-off that could destabilize the stock price. Typically, lock-in periods last...

How to evaluate small & midcaps post correction - Deven Choksey explains in 5 easy steps - Evaluating Small and Midcap Stocks

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[hfe_template id='11223'] [ad_1] 1 / 6 Evaluating Small and Midcap Stocks Evaluating small and midcap stocks requires a well-structured approach, especially in a market that has witnessed significant volatility. In an interview with ETNow, Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd said that small and midcap stocks remain vulnerable to selling pressure, making it essential for investors to carefully assess valuations, fundamentals, and market trends before making investment decisions. With the right strategy, investors can identify quality opportunities while avoiding overvalued or high-risk stocks. iStock 2 / 6 Assess Valuations & Market Sentiment A critical factor in evaluating small and midcaps is understanding their valuation levels and overall market sentiment. Deven Choksey highlights that “the crazy valuations in some small and midcaps indicate potential further corrections,' suggesting that investors should be cautious about stocks trading at excessive...

F&O Radar | Deploy Bull Call Spread in Nifty to gain from positive bias

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[hfe_template id='11223'] [ad_1] The Nifty50 Index has been trading within a narrow range in recent sessions, hovering around its 200-day EMA, currently positioned near the 23,700 mark. However, Thursday's session witnessed a surge in activity across Financials, IT, and Auto stocks, propelling the index to a robust gain of nearly 450 points, closing at 24,188.65. Volatility levels have declined, indicating a more stable market environment. The index has rebounded decisively from the 200-day EMA, reaffirming it as a critical mid-term support zone. “Improving market sentiment suggests the potential for further upside, with the Nifty likely targeting the 24,500–24,600 range in the near term,” said Sahaj Agrawal, Senior Vice President: Head of Derivatives Research at Kotak Securities. The Nifty50’s ability to sustain above its 200-EMA (23,700) remains pivotal for maintaining the bullish momentum. The technical setup suggests the possibility of further up move, he added. ...

Smallcaps run risk of extended selloff as earnings slow

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[hfe_template id='11223'] [ad_1] The tide is turning against India’s smaller companies as weak earnings and a souring economic outlook spur a downturn in their shares. Key gauges of small- and mid-sized companies have tumbled since hitting September highs, putting them close to a so-called technical correction of a 10% peak-to-trough decline. The Nifty Midcap 100 Index is heading for its biggest monthly drop since the pandemic, tracking losses in the broader market, while the Nifty Smallcap 250 Index is set to fall the most in more than two years. The meltdown in October, a sharp reversal from a searing rally in such stocks in the previous months, reflects wavering investor sentiment due to cooling earnings momentum. Despite the selloff, the stocks are still trading at high valuations, signaling investors may book profits and chase rallies in other markets such as China. Bloomberg “Many of high beta stocks in this segment were trading at frothy valuations and are typica...

Indian stocks head for most monthly foreign outflows in 4 years

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[hfe_template id='11223'] [ad_1] Overseas investors sold Indian stocks every trading session this month, taking the net outflows to the highest since March 2020. Foreign funds withdrew more than $7 billion from Indian equities in the month through Oct. 14, according to data compiled by Bloomberg. If the trend continues, the month will see the biggest exit since a record selloff during the pandemic. A fierce rotation to China following a barrage of stimulus measures sucked money out of other Asian markets. Purchases of nearly $7.2 billion by local investors in the same period helped offset the losses in India, but the sentiment is turning. The number of bulls equaled bears to extinguish the overweight stance on India in a BofA Securities survey. That’s a sharp U-turn from a net 32 percentage point lead for optimists in July. “The upliftment in sentiment on China has come at the expense of India as seen from the dissipation of the gap in allocations,” Ritesh Samadhiya, a s...

Nvidia's rally takes a break after forecasts fall short of investor expectations

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[hfe_template id='11223'] [ad_1] Nvidia shares dropped more than 6% on Thursday after its forecast fell short of lofty expectations, though some believe the modest sell-off showed investors still remain confident in the generative AI boom that has powered the chip giant's stock higher all year. The company on Wednesday forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line. But some investor concerns were allayed after the company said it expects production of its next-generation Blackwell chips to ramp up in the fourth quarter. Shares of other chip companies were mixed after some reversed gains from earlier in the session. Broadcom shares ended 0.8% lower while those of Advanced Micro Devices fell 0.6%. Shares of Arm rose 5.3%. Nvidia's shares remain up 137% this year, making the company a pillar of the rally in U.S. stocks. Those gains have been driven in part by a series of blowout quarterly revenue forecast...

Decoding Market Trends: Top 4 technical indicators which retail investors should know before trading

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[hfe_template id='11223'] [ad_1] In the complex world of financial markets, technical analysis is a crucial tool that helps investors understand market movements by examining indicators, chart patterns, and signals. This article explores the essential tools and methods of technical analysis, showing how they work together to guide strategic financial decisions. By mastering technical analysis, financial market participants can enhance their ability to understand market trends, optimise investment strategies, and ultimately achieve greater financial success. Refining Strategies with Technical Analysis: A Comprehensive Exploration Technical analysis is a systematic approach to evaluating and understanding the movements of stocks, commodities, or other financial instruments. By examining historical price charts, volume data, and various technical indicators, this method provides traders and investors with insights into the likely future behaviour of a stock. It involves stu...