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Stock market watch: What to expect from the week ending August 6, 2021 indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Stock market watch: What to expect from the week ending July 23, 2021 SECTIONS Last Updated: Jul 19, 2021, 06:30 AM IST Share Synopsis Closing above 15,900 for the last two days of last week shows its inherent strength and indicates that the Nifty is now shifting to a higher range. We expect tiles and plastic pipe manufacturers to deliver a weak performance q-o-q as the second wave hit sales of both. Long-term demand outlook is positive for tile and pipe manufacturers. Finally, an upward breakout: After remaining in a 15,450-15,900 range for several weeks, Nifty finally broke out on the upside as expected (see chart). The stock market usually ‘climbs the wall of worry’ and it was no different this time. While doctors and economists are worried about the fallout of a covid third wave, the market is going up because this fear is resulting in increased money flows. For instance, the fear of a third wave is keeping the US Federal Reserve from carry ....
Stock market watch: What to expect from the week ending May 28, 2021 SECTIONS Last Updated: May 24, 2021, 06:30 AM IST Share Synopsis After months of rally, metal stocks took a beating in the past week and the trigger was the comment from China that it will strengthen its management of commodity supply and demand to curb any ‘unreasonable increase in prices’. Getty Images The jump in global commodity prices have started reflecting in domestic inflation. More intra-day volatility likely this week: With new daily cases going below the 3 lakh mark, the stock market got a breather on the covid front. The government’s plans to augment vaccine production and complete 95 crore vaccinations by the end of 2021 also improved market sentiments. Now the speculation is when the second wave-induced restrictions will be lifted. Once that happens, auto and consumer discretionary companies will be the main beneficiaries. ....