Market Watch: Can Fourth Quarter Results Be The Next Catalyst For The Market Rally?
Nighttime curfew imposed in Delhi until April 30
Gujarat HC calls for lockdown and weekend curfew
India needs activist institutional investors, says Sebi chief
S&P raises Tata Steel rating due to strong cash flow
DRDO opens missile production partnership for the Indian private sector
Let’s take a quick look at what happened in Dalal Street today.
After Monday’s sell-off, benchmarks paused today to end the session barely in the green. The day’s trading has been volatile with indecision among traders as they balanced positive global signals with a record number of Covid infections at home.
Any market gains were helped by the good start of the European market and the gains of index heavyweights like HUL, HDFC and TCS.
Among Sensex, Asian Paints, Sun Pharma, HUL and Dr Reddy’s stocks rose 2-4%.
We spoke to Narendra Solanki from Anand Rathi Financial Services to share his perspective on the market.
Welcome to the show, sir.
Can the March Quarterly Earnings Season Act as a Catalyst for Another Market Rise?
While IT, steel and pharmaceutical companies are expected to post strong earnings, what other areas are you looking forward to from a earnings standpoint?
We also sat down with Rohit Sigre from LKP Securities to decode the technical charts for us.
What do the Nifty charts show you? Do we have a threat of continued market collapse in the future?
How should traders position themselves on Nifty Bank for the rest of the month?
Asian markets ended on a mixed note; European markets were positive in the early hours of trading. US equity futures were pointing to a positive start for US stocks later in the day.
That’s all for the moment. Check out ETMarkets.com for all the news, market analysis, investment strategies, and dozens of stock recommendations. Have a good evening ! Bye Bye!