PROFIT BOOKING
14,900-15,100 to decide if Nifty falls or risesOn the weekly chart, the index has formed a bearish candle and has closed below the previous week’s low which remains a bearish sign.
- Japan shares slip from 30-year high on profit booking, pandemic-hit stocks rise
The Nikkei share average edged down 0.58 per cent to 30,292.19 from Tuesday's high of 30,714.52, a peak since August 1990.
- Tech View: Nifty's winning run stalls; profit booking likely below 15,050
Ruchit Jain of Angel Broking said any breach of that level could trigger more corrections up to the 14,870-14,900 range.
- Sensex off record high, halts 6-day winning streak as traders book profits
The ongoing rally has been driven by better-than-expected corporate earnings and the government's capex plans.
- Trade Setup: Nifty looks overstretched; use upmoves to book profits in high beta stocks
If there are no overnight negative cues to deal with, we may see a stable start on Tuesday.
- Traders track put-call ratio to get an idea of Nifty’s move beyond 15K
The excess in value of marketwide puts sold to calls sold fell from a record high of Rs 69,708 crore on February 3 to Rs 19,563 crore on Fe...
- Sensex off Mt 51K on profit-booking, but market continues record-breaking run
The RBI kept policy rates unchanged but extended schemes that have been used to infuse liquidity in the market.
- Profit-booking pushes Sensex, Nifty off record peaks; broader indices buck trend
The losses, however, were checked by persistent euphoria over the Budget capex plans that are likely to lift corporate earnings.
- Despite coronavirus, L&T wins record orders in December quarter
Consolidated net profit increased 5% from a year earlier to 2,467 crore in the quarter ended December 31. Revenue declined 2% to 35,596 cro...
- Stock market may witness profit booking after 50K peak; all eyes on Budget
The Budget is likely to have a major impact on the market, depending on whether it is positive or negative from the market perspective. If ...
- Profit-booking in financials likely to continue
We are seeing profit-booking before the Budget and expiry, says Rahul Shah
- Nikkei falls on profit-booking as boost from Yellen call fades
Nikkei share average edged down 0.38 per cent to 28,523.26, while the broader Topix inched down 0.34 per cent to 1,849.58.
- Go neutral on equities, or start booking profit? Here’s your answer
By virtue of good September quarter earnings, Nifty EPS has started seeing upgrades. This is after seeing downgrade for 23 quarters. Earnin...
- Retail investors booked profits in 14 midcaps after strong rally
Since March 24, these stocks have rallied anywhere between 72 per cent and 158 per cent. In comparison, the BSE Midcap index has soared 100...
- Rakesh Jhunjhunwala books profit in this top tractor maker
As per December shareholding data released by the company, Rakesh Jhunjhunwala sold 12 lakh shares of the firm.
- Market Movers: Cement, metals surge; IT stocks see profit booking
On the technical front, analysts said that while the market did manage to pare some of the losses it is still possible that it may see more...
- Should you start booking profits in stocks and mutual funds?
The forward PE increased like this because the recent jump in stock prices was not matched by corresponding increase in forward earnings pr...
- Trade Setup: Nifty prone to profit booking at current level, consolidation overdue
Thursday's session is likely to see the levels of 14,025 and 14,065 acting as resistance points, while support will come in at 13,900 and 1...
- China shares slip as material, energy shares drop on profit-booking
At the close, the Shanghai Composite index was down 0.54 per cent at 3,379.04, while the blue-chip CSI300 index was down 0.42 per cent.
MORE NEWS
