Latest news with #NiftyFutures
Bloomberg
04-06-2025
- Business
- Bloomberg
Indian Stocks Bullish Momentum Takes a Pause
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Chiranjivi Chakraborty, an equities reporter in Mumbai. Nifty futures point to a firm start for Indian equities this morning after three straight days of losses. Buoyant Asian stocks are likely to support gains in local shares. Meanwhile, more block deals are expected today, with founders and strategic investors in companies including Tata Technologies, Aditya Birla Fashion and Alkem Laboratories continuing to cash in on rich valuations.
Bloomberg
02-06-2025
- Business
- Bloomberg
India's Growth Surprise to Favor Infrastructure and Consumer Stocks
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Savio Shetty, an equities reporter in Mumbai. India's stronger-than-expected GDP print is likely to boost market sentiment, confirming that the economic slowdown has been arrested. Nifty futures point to a mildly positive opening, despite weakness across Asia, as tariff-related concerns persist. All eyes will be on the central bank's monetary policy on Friday and high-frequency economic indicators like PMI.
Time of India
06-05-2025
- Business
- Time of India
Stocks to buy today: HPCL, NBCC among top 7 trading ideas for 6 May, 2025
Indian markets likely to open higher tracking positive global cues The Indian market is expected to trade higher on Tuesday, buoyed by positive global cues. On Monday, the Nifty Futures closed with a gain of 0.68%, settling at 24,567 levels. Foreign portfolio investors (FPIs) were net buyers, purchasing shares worth Rs 498 crore. Domestic institutional investors (DIIs) also remained bullish, with net purchases of Rs 2,789 crore. Options data and technical view Live Events On the options front, the highest Call Open Interest (OI) is seen at the 24,500 and 25,000 strike prices, while the highest Put OI is at 24,000 and 24,400 strikes. Call writing is visible at the 24,500 and 24,700 levels, whereas Put writing is observed at 24,400 and 24,500 levels. 'Options data suggests a broader trading range between 24,000 to 25,000 zones, with an immediate range of 24,300 to 24,700 levels,' said Chandan Taparia, Analyst – Derivatives at Motilal Oswal Financial Services . 'Nifty formed a small-bodied candle on the daily chart on Monday and has been making higher lows for the past two sessions,' he added. 'Now the index must hold above the 24,400 zone to move higher toward 24,650 and 24,750 levels, while support is placed at 24,200 and then 24,050,' Taparia noted. Stocks to watch for short-term traders Expert: Ajit Mishra, SVP - Technical Research, Religare Broking Ltd (to ET Bureau) HPCL : Buy | Target: Rs 440 | Stop Loss: Rs 394 Shriram Finance : Buy | Target: Rs 675 | Stop Loss: Rs 605 Bharat Dynamics : Buy | Target: Rs 1,670 | Stop Loss: Rs 1,510 CESC : Buy | Target: Rs 176 | Stop Loss: Rs 159 Expert: Kunal Bothra, Market Expert (to ET Now) Aarti Industries Ltd : Buy | Target: Rs 477 | Stop Loss: Rs 437 NBCC Ltd : Buy | Target: Rs 105 | Stop Loss: Rs 90 Aptech Ltd : Buy | Target: Rs 170 | Stop Loss: Rs 153 ( Disclaimer : Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
