Night curfew imposed in Delhi till April 30
Gujarat HC asks for lockdown, weekend curfew
India needs activist institutional investors, says Sebi chief
S&P raises Tata Steel’s rating citing strong cash flow
DRDO opens up missile production partnership for Indian private sector
Let us take a quick glance at what happened on the Dalal Street today.
After the sell-off on Monday, the benchmark indices took a breather today to end the session barely in the green. The day’s trade was volatile with indecisiveness among traders as they balanced positive global cues with a record number of Covid infections at home.
The eventual gains in the market were helped by the strong start to the European market and gains in index heavyweights like HUL, HDFC and TCS.
Among Sensex stocks, Asian Paints, Sun Pharma, HUL and Dr Reddy’s rose 2-4 per cent.
We spoke to Narendra Solanki of Anand Rathi Financial Services to share his views on the market.
Welcome to the show, sir.
Can the March quarter earnings season act as a catalyst for a new up move in the market?
While IT, steel and pharma companies are expected to post strong earnings, which are the other sectors you are looking forward to from an earnings perspective?
We also caught up with Rohit Singre of LKP Securities to decode the technical charts for us.
What are the Nifty charts showing you? Do we have a threat of further breakdown in the market going ahead?
How should traders position themselves in the Nifty Bank for the rest of the month?
Asian markets ended on a mixed note; European markets were positive in the first few hours of trade. US stock futures were hinting at a positive start to US equities later in the day.
That’s all for now. Do check out ETMarkets.com for all the news, market analysis, investment strategies and dozens of stock recommendations. Enjoy your evening! Bye bye!