Here’s what Avdhut Bagkar, Derivatives & Technical Analyst at StoxBox, recommends investors should do with these stocks when the market resumes trading today.
Asian stocks slide as focus turns to US jobs
MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.9% in early trading. Gold hung on above $2,000 after a wild session on Monday, when it hit a record high in Asia before recoiling sharply lower. [GOL/]
Why Nifty, Bank Nifty hit all-time highs? What drives biggest single-day gains since Oct 2022
Experts feel that the recent mandate have thrown a positive surprise for the markets, which sees a greater probability of the continuation of existing government policies beyond 2024. The Nifty and Sensex have surged around 14% year-to-dateTaking Stock: BJP#39;s #39;Triple Sunday#39; takes market to new highs, investors richer by Rs 5.77 lakh crore
The Sensex, Nifty gain 2 percent each, their biggest single-day gains since October 2022. Eicher Motors, Adani Enterprises, Adani Ports, BPCL and ICICI Bank were among the top Nifty gainers, while the losers included HDFC Life, Britannia Industries, Wipro, Sun Pharma and Titan CompanyBJP sweep powers Nifty, Sensex to new highs; 4 factors fuelling the rally
The BJP#39;s strong showing in three Hindi heartland states has given a strong message of continued policy support while easing concerns over political stability and fiscal profligacy, say analystsModi’s win in state polls seen boosting case for India inflows
Portfolio managers say the results will ensure policy continuity and lift prospects for the stock market as international investors become more confident in their India allocations ahead of national elections. Jefferies Financial Group Inc. sees cyclical stocks benefiting the most from the outcome of the polls while Nuvama Wealth Management says it has become more confident in the government’s capital expenditure.
Buy or Sell: Stock ideas by experts for December 04, 2023
Bitcoin breaks $40,000 as momentum builds
The world’s biggest currency hit as high as $40,210 in Sunday trade, its highest since April 2022. It was steady at $40,011 in thin trade early in the Asia day on Monday.
Kross Ltd filed draft papers with SEBI for Rs 500 crore IPO; here are the details
The Rs 500 crore worth IPO comprises fresh issue worth up to Rs 250 crore, and an offer for sale aggregating upto Rs 250 crore by the promoters – Sudhir Rai and Anita Rai.
Learn with ETMarkets: Predicting gold’s future: Insights from past trends
Another surge occurred in April 2023, reaching 61,800, followed by a correction to around 56,500 by October 2023.