Market Bizzz

Amit Goel predicts a global bear market, advises a multi-asset approach. He also warns of overvaluation in defensive sectors and discusses post-election sector performance. Goel further anticipates minimal crude oil impact on equity markets amid global rate cuts. Goel says: “We would advise our investors to be extremely underweight in mod and smallcap segments and have a multi-asset approach in their portfolio

The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban is reversed only if the open interest falls below 80%.

Technically, analysts said Nifty witnessed bullish momentum after crossing its 20-DMA. However, it is near resistance to the previous all-time high of 22526.

The instruments in which the ratings have been revised upwards include long-term bank facilities, long-term/short-term bank facilities, bonds, long-term instruments, non-convertible debentures (NCDs), tier II bonds, fixed deposits and commercial papers.

ETMarkets identified 11 stocks within the BSE100 index that consistently rose in price throughout the last 5 trading sessions.

Indian stock exchanges NSE and BSE will be closed on April 11 for Eid-Ul-Fitr and April 17 for Ramnavmi. Diwali and Muhurat Trading on November 1.

Meme coin trading surges on Indian exchanges, sparking investor interest. Vashisht advises cautious investment due to risks. Diversify portfolios with meme coins wisely for balanced returns. Crypto Academy offers insights on meme coin dynamics and investments.

As per an analysis, the BSE mid-cap gauge jumped 15,013.95 points or 62.38 per cent in the 2023-24 fiscal, while the small-cap index climbed 16,068.99 points or 59.60 per cent. In comparison, the 30-share BSE Sensex raked in a gain of 14,659.83 points or 24.85 per cent during the fiscal under review.

The Adani family has invested ₹6,661 crore in Ambuja Cements, increasing its stake to 66.7%. This marks the second fund infusion since late-2022, when ₹5,000 crore was invested through warrants. The total investment of ₹11,661 crore aims to enhance capital flexibility for growth and strategic initiatives. Adani Cement, comprising ACC and Ambuja Cements, targets a production capacity of 140 million tonnes by 2028. The funds will support capacity expansion, operational efficiency, and strategic initiatives, including resource optimization and supply chain enhancements.