Stock market outlook: A sharp recovery in the Indian stock market in March, led by valuation comfort, return of foreign institutional buying and improvement in economic growth, has raised hopes that the trend could extend into the month of April. If past trends are anything to go by, then there is a strong possibility that
Three stocks to buy, as recommended by Ankush Bajaj: Axis Bank: Buy at ₹1,045 | Target ₹1,134-1,140 | Stop loss ₹ 998 On the hourly chart, the Axis Bank stock has given a triangle breakout. Additionally, it forms a head and shoulders pattern. The ADX is at 35, indicating strong momentum. JSW Energy: Buy at
Ventura Securities sees good possibility of a pessimistic scenario ahead, thanks to reversal of US trade policies, the DOGE clampdown on spending, urgent rectification of the US fiscal deficit and the Trump administration’s preference to onshore manufacturing over imports. Ventura said the US government debt currently stands at $34.6 trillion, which is 120 per cent
After US Fed Chair Jerome Powell signaled that the Fed would start cutting interest rates from September at the Jackson Hole Symposium, Nifty bulls are eyeing fresh peaks beyond the 25,000 levels. Last week, Sensex and Nifty ended around 1% higher, buoyed by positive US economic data which has diminished the likelihood of a US
The global market is witnessing a rally today, marking a recovery after the carry trade that shook world stock markets last month. While this relief rally may persist in the short term, its momentum could be tested if there are no further strong triggers. The belief that the carry trade issue is behind us is