Tutorials

Cement stocks along with consumer discretionaries have attracted the attention of global brokerage and research firm Credit Suisse as it looks to bank on beneficiaries of input cost normalisation. In a note co-authored by Neelkanth Mishra, Abhay Khaitan, and Prateek Singh, Credit Suisse said that going forward, the normalisation of input costs would help sectors such as paints and cement with pricing power in their hands. “An extreme supply-chain bull-whip is likely driving chemicals too: Read More

Jefferies’ global market strategist Chris Wood has picked oil stocks as his most favoured trade for the near term as cyclical stocks continue rallying on Wall Street. “In the short term, if GREED & fear had to favour one area of the cyclical trade the most it would be oil stocks,” the Global Head (equity strategy) said in his weekly newsletter. So far this year, the S&P Energy index has zoomed 41%, outperforming the S&P Read More

Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold and silver prices were trading higher in India on Tuesday, on the back of positive international trends, where gold surged to a near five-month high of $1,914.26 on a weaker US dollar and inflation concerns. On Multi Commodity Exchange, gold August futures were trading Rs 134 or 0.23 per cent up at Rs 49,484 per 10 gram, as against the previous close of Rs 49,349. Read More

Nifty closed at 15,436 with a gain of 260 points on a weekly basis. On the weekly chart the index has formed a long bullish candle forming higher High-low compared to previous week and has closed above previous week’s high indicating positive bias. The index is moving in a Higher Top and Higher Bottom formation on the weekly chart indicating positive bias. The chart pattern suggests that if Nifty crosses and sustains above 15500 level Read More

Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Prices of Petrol and Diesel were kept unchanged on Friday across major cities. Petrol in Delhi today costs Rs 93.68 per litre, while diesel in the capital city costs Rs 84.61 litre today. So far this month, rates have been hiked 14 times. Petrol price in Delhi has been increased by Rs 3.28 in May, while diesel price has surged Rs 3.88 per lire. Read More