Sell Axis Bank, SBI for short-term downside gain
As per Elliott Wave Theory, Nifty has formed a rising wedge pattern and it has reversed well from the upper end of the wedge pattern. – Stocks-Markets-Economic Times
Month: February 2020
Nifty could decline to 11,500 or even lower
All eyes will be on India VIX and a sustained move below 15 could indicate fresh strength back in the market. – Stocks-Markets-Economic Times
Mavens see benchmarks falling 3-5% in a month
Most poll participants are more sanguine about market prospects by December. – Stocks-Markets-Economic Times
Use every rise to exit longs or create shorts
On the other hand, the Bank Nifty lost more than 1,000 points and closed the week below the 30,000 mark losing 4.55 per cent. – Stocks-Markets-Economic Times
Analyst Calls: Bharti Infratel, HUL, TTK Prestige, Tech Mahindra
Jefferies has maintained underperform rating on Bharti Infratel with a target price of Rs 180. – Stocks-Markets-Economic Times
LIC stock market listing: Government yet to take call on quantum of stake sale
“There could be legal hurdles to cross… such as the need for possible amendments to the LIC Act. 1956” – The Hindu – Industry
Home may be where the money is
Women must consider larger financial goals and critical factors before opting to work from home – The Hindu – Industry
Four pitfalls in home loan down payment
Borrowers must steer clear of making common mistakes while buying a dream home to avoid any adverse impact on finances – The Hindu – Industry
Budget 2020 | Budget boosts business confidence but not consumer sentiments
Finance Minister Nirmala Sitharaman presented a Budget that was directionally sound but may not expeditiously revive the Indian economy.The Budget has – The Hindu – Economy
Budget 2020 | An act of walking the tight rope
Limited fiscal room constraining outright fiscal stimulus – The Hindu – Economy