Hero MotoCorp, Mahindra & Mahindra (M&M), and Tata Motors have slipped in the range of 8-11 per cent over the last one month.
The finance minister stated the strategic disinvestment of the two state-run companies is critical for the government to meet its disinvestment target of Rs 1 trillion for the current fiscal year.
Trading calls by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Shares and Stock Brokers
At current levels, the Nifty 50 is testing the 12,000 mark. Here is the list of stocks in Nifty 500 that are trading in overbought zone and could see some correction in the days ahead
HUL has seen a strong selling pressure above Rs 1,850 levels before breaking out after the government cut corporation tax.
While the development is a step in the right direction as regards the real estate sector, non-bank fiannce companies (NBFCs) and the cement sector, too, will reap benefits, some experts say
Here's a look at what technical charts indicate for Nifty Bank and key private banks.
According to the experts, the verdict will have a devastating impact on the telcos and Vodafone-Idea will be the worst-hit.
Over the last 12 months, Indian equities have been facing double whammy in the form of economic slowdown and stress in the financial sector.
Glenmark Pharma is continuously going down from Rs 600 levels and is not showing any sign of recovery.
The 200-day moving average (DMA) is one of the important indicators to ascertain buy or sell trends.
The index had witnessed 10 per cent correction from June, 2019 and an upside of over 5 per cent in the past two sessions has strengthened the positive view on the technical charts
The S&P BSE Sensex on Tuesday tanked 642 points or 1.73 per cent to end at 36,481.09 while the NSE's Nifty50 settled at 10,818, down 186 points or 1.69 per cent.
Indigo is set to move towards its new all time high, while SpiceJet has absorbed selling pressure around higher levels
The Union Cabinet recently approved a subsidy of Rs 6,268 crore for the export of 6 million tonnes of sugar. The development triggered a rally in select counters
The stock has absorbed all the selling pressure in the range of Rs 760 - Rs 770 and is ready for a fresh upside. Although it witnessed mild selling above Rs 800, the overall trends still looks bullish
A bigger upside rally is expected only if it has added volumes and the Sensex is able to hold above the resistance zone
Trading strategies for media and entertainment stocks
Tata Steel, Vedanta and SAIL have seen sharp fall in their stock prices in the recent months.
If the Nifty Bank index stays below 2,600 level for another week, then a major breakdown may lead to a long term bearishness, tech charts suggest.