Don't Fall for the Trap in Pharma Stocks
Multiple technical factors indicate that investors should avoid pharma stocks in the current market. More details inside…
Pharma Stocks Outlook
Here’s an extract…
Pharma is a defensive sector but the golden period of the pandemic for pharma companies marked a top for the sector.
Pharmaceutical products were in high demand during 2020-21. As soon as investors realised the V-shaped recovery in global equities, money flew out from pharma stocks into aggressive sectors.
But recently the Nifty Pharma index rallied for straight five weeks and paused at the major hurdle on the chart.
http://www.eqtm.in/Nn57C
Multiple technical factors indicate that investors should avoid pharma stocks in the current market. More details inside…
Pharma Stocks Outlook
Here’s an extract…
Pharma is a defensive sector but the golden period of the pandemic for pharma companies marked a top for the sector.
Pharmaceutical products were in high demand during 2020-21. As soon as investors realised the V-shaped recovery in global equities, money flew out from pharma stocks into aggressive sectors.
But recently the Nifty Pharma index rallied for straight five weeks and paused at the major hurdle on the chart.
http://www.eqtm.in/Nn57C
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Are these 5 High Dividend Yield Stocks a Better Alternative to Fixed Deposits?
In a market where FD rates are increasing, these five stocks are offering high dividend yields and beating FD returns.
High Dividend Yield Stocks
Here’s an extract…
The dividend yield is the return from a stock investment solely based on dividends. It’s calculated by dividing the dividend per share by the current price of the share in question. The higher the dividend yield, the better.
Using the Equitymaster’s powerful Indian stock screener, we’ve highlighted five such stocks that make the cut.
These stocks have consistently yielded better than FD returns and have a rich dividend history spanning over several years.
http://www.eqtm.in/Jb2c8
In a market where FD rates are increasing, these five stocks are offering high dividend yields and beating FD returns.
High Dividend Yield Stocks
Here’s an extract…
The dividend yield is the return from a stock investment solely based on dividends. It’s calculated by dividing the dividend per share by the current price of the share in question. The higher the dividend yield, the better.
Using the Equitymaster’s powerful Indian stock screener, we’ve highlighted five such stocks that make the cut.
These stocks have consistently yielded better than FD returns and have a rich dividend history spanning over several years.
http://www.eqtm.in/Jb2c8
Why Marico Share Price is Falling
Marico shares continue to trade lower in 2023, hit 52-week low. Here’s why.
Marico’s Stock Falls
Here’s an extract...
The Nifty FMCG and BSE FMCG index has recorded an uptick of approximately 5.3% and 4.9%, respectively, in 2023, in contrast to the benchmark indices.
However, despite the sector’s upbeat performance, Marico has underperformed in 2023.
The company’s shares recently touched their 52-week low last week on 19 April 2023.
Let’s find out why the stock is under pressure.
http://www.eqtm.in/Sj94A
Marico shares continue to trade lower in 2023, hit 52-week low. Here’s why.
Marico’s Stock Falls
Here’s an extract...
The Nifty FMCG and BSE FMCG index has recorded an uptick of approximately 5.3% and 4.9%, respectively, in 2023, in contrast to the benchmark indices.
However, despite the sector’s upbeat performance, Marico has underperformed in 2023.
The company’s shares recently touched their 52-week low last week on 19 April 2023.
Let’s find out why the stock is under pressure.
http://www.eqtm.in/Sj94A
Forwarded from Fast Profits Daily
Indian markets started the week with bullish tone as Nifty and Sensex gains 0.7% each; bulls likely to rule in the monthly expiry week.
Nifty closed near the day high but the major hurdle for resumption of bullish trend is 17,900.
Which sector can trigger bullish breakout?
1. Bank Nifty has closed above the bearish belt-hold candlestick pattern indicating the bulls are back in the game for 43,000+.
2. HDFC twins are leading the table for Fin Serv. SBI, Axis and Kotak witnessed the technical breakout while the short covering rally in Bajaj twins may adds the fuel to the rally.
3. TCS is showing the sign of reversal for IT index. Ihe short covering and lower rollover on derivative front will be the first indication of an end to 15months of bearish momentum for the sector. Watch technical view on IT Index here
4. Pharma witnessed the short-lived rally but trading at the major hurdle and an overbought zone on charts. Read here
SGX Nifty indicating the positive opening around 17,800.
#PreMarket
#SGXNifty
Nifty closed near the day high but the major hurdle for resumption of bullish trend is 17,900.
Which sector can trigger bullish breakout?
1. Bank Nifty has closed above the bearish belt-hold candlestick pattern indicating the bulls are back in the game for 43,000+.
2. HDFC twins are leading the table for Fin Serv. SBI, Axis and Kotak witnessed the technical breakout while the short covering rally in Bajaj twins may adds the fuel to the rally.
3. TCS is showing the sign of reversal for IT index. Ihe short covering and lower rollover on derivative front will be the first indication of an end to 15months of bearish momentum for the sector. Watch technical view on IT Index here
4. Pharma witnessed the short-lived rally but trading at the major hurdle and an overbought zone on charts. Read here
SGX Nifty indicating the positive opening around 17,800.
#PreMarket
#SGXNifty
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The Drone Stocks to Keep on Your Radar
As India aspires to be a global drone hub by 2030, here are some stocks to keep on your watchlist.
http://www.eqtm.in/At98Z
As India aspires to be a global drone hub by 2030, here are some stocks to keep on your watchlist.
http://www.eqtm.in/At98Z
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Stock Market Update - SGX Nifty Up 19 Points | Tata Steel's Sustainability Drive | Nykaa Bolsters Leadership Team | Top Buzzing Stocks Today
Top cues to track in today's stock market session.
http://www.eqtm.in/f6EHd
Top cues to track in today's stock market session.
http://www.eqtm.in/f6EHd
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Stock Market Update - Sensex Today Trades Flat | Welspun India Gains 3% on Share Buyback, Dividend Announcement | Bajaj Finance, IndusInd Bank Top Gainers
Indian share markets are trading on a flat note with the Sensex up by 30 points, while the Nifty is trading higher by 12 points.
http://www.eqtm.in/d7NCo
Indian share markets are trading on a flat note with the Sensex up by 30 points, while the Nifty is trading higher by 12 points.
http://www.eqtm.in/d7NCo
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3 Caveats Before Considering the Mankind Pharma IPO
Every domestic pharma stock in India must contend with these woes.
Mankind Pharma IPO
Here’s an extract…
When companies in other sectors were wriggling under the pains of Covid-19, most Indian pharma companies basked in the glory of being cheap vaccine and drug suppliers.
But the pandemic was a short-lived honeymoon period for the sector.
In fact, even as markets get excited about the latest pharma IPO in the offing, some caveats are in order.
http://www.eqtm.in/Mw8y5
Every domestic pharma stock in India must contend with these woes.
Mankind Pharma IPO
Here’s an extract…
When companies in other sectors were wriggling under the pains of Covid-19, most Indian pharma companies basked in the glory of being cheap vaccine and drug suppliers.
But the pandemic was a short-lived honeymoon period for the sector.
In fact, even as markets get excited about the latest pharma IPO in the offing, some caveats are in order.
http://www.eqtm.in/Mw8y5
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Fast Profits Daily
https://www.youtube.com/watch?v=G7DA0uvyLQM
TCS - The Lone Wolf 🔥
As highlighted in the video, TCS is outperforming the IT pack. 💰
Hope you didn't miss my video.
#ITIndex
#TCS
#KeepItSimple
As highlighted in the video, TCS is outperforming the IT pack. 💰
Hope you didn't miss my video.
#ITIndex
#TCS
#KeepItSimple
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Stock Market Update - Sensex Today Ends 75 Points Higher | PSU Banks Shine | ITC Hits Record High, Pips Infosys to Become 6th Most Valued Firm
Indian share markets ended with marginal gains with the Sensex up by 75 points while the Nifty rose 25 points.
http://www.eqtm.in/m6L8G
Indian share markets ended with marginal gains with the Sensex up by 75 points while the Nifty rose 25 points.
http://www.eqtm.in/m6L8G
Fast Profits Daily - Are Railway Stocks Resuming Their Bullish Journey?
Here's what the charts say about railway stocks.
http://www.eqtm.in/y7Z3D
Here's what the charts say about railway stocks.
http://www.eqtm.in/y7Z3D
Why Nykaa Share Price is Falling
Naykaa share price nosedives to a new 52-week low, declines 7% in five days. Here’s why.
Nykaa’s Stock Falls
Here’s an extract...
After having a weak start in 2023, Nykaa shares have underperformed this week as well, touching their 52-week low on 25 April 2023.
The downfall was amid concerns over back-to-back exits of top-level employees and other management changes.
Read on for the latest updates on the stock…
http://www.eqtm.in/g2A6P
Naykaa share price nosedives to a new 52-week low, declines 7% in five days. Here’s why.
Nykaa’s Stock Falls
Here’s an extract...
After having a weak start in 2023, Nykaa shares have underperformed this week as well, touching their 52-week low on 25 April 2023.
The downfall was amid concerns over back-to-back exits of top-level employees and other management changes.
Read on for the latest updates on the stock…
http://www.eqtm.in/g2A6P
Multibagger Alert: Smallcap Stock Zooms Over 100% in 10 Days. What’s Driving the Rally?
100% returns in 10 days! Is the steep rally in this smallcap stock justified?
Why This Stock Doubled in 10 Days
Here’s an extract…
In the past five days, share prices of popular footwear stocks like Bata India, Metro Brands, and Campus Activewear are up in the range of 2-8%.
But one smallcap footwear stock has caught the fancy of investors in the last few days. The share price of this company has rallied over 100% in the last ten days.
It even filed a statement with the stock exchanges, about not withholding any information and explaining why the stock could be rallying.
Read on for more…
http://www.eqtm.in/y7Z2H
100% returns in 10 days! Is the steep rally in this smallcap stock justified?
Why This Stock Doubled in 10 Days
Here’s an extract…
In the past five days, share prices of popular footwear stocks like Bata India, Metro Brands, and Campus Activewear are up in the range of 2-8%.
But one smallcap footwear stock has caught the fancy of investors in the last few days. The share price of this company has rallied over 100% in the last ten days.
It even filed a statement with the stock exchanges, about not withholding any information and explaining why the stock could be rallying.
Read on for more…
http://www.eqtm.in/y7Z2H
Why Aavas Financiers Share Price is Falling
Aavas Financiers’ shares dipped 11% in five days and hit its 52-week low. Here’s why.
Stock of Aavas Financiers Falls
Here’s an extract…
Shares of the company are down 14.3% so far in 2023, with a fall of 11.5% in the past five days.
However, this is not the first time that the stock has failed to generate negative returns. Investors in Aavas Financiers have tasted the bitter downside last year too, when the share price dropped 34%.
Let's find out why the stock of Aavas Financiers is under pressure…
http://www.eqtm.in/e9L4Y
Aavas Financiers’ shares dipped 11% in five days and hit its 52-week low. Here’s why.
Stock of Aavas Financiers Falls
Here’s an extract…
Shares of the company are down 14.3% so far in 2023, with a fall of 11.5% in the past five days.
However, this is not the first time that the stock has failed to generate negative returns. Investors in Aavas Financiers have tasted the bitter downside last year too, when the share price dropped 34%.
Let's find out why the stock of Aavas Financiers is under pressure…
http://www.eqtm.in/e9L4Y
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Why Ipca Labs Share Price is Falling
Ipca Labs share price hits 52-week low after Unichem deal worth Rs 10 billion. How long before it recovers?
http://www.eqtm.in/Ai7m4
Ipca Labs share price hits 52-week low after Unichem deal worth Rs 10 billion. How long before it recovers?
http://www.eqtm.in/Ai7m4
Forwarded from Fast Profits Daily
US markets take a u-turn after consolidating near resistance; benchmark indices fell over a percent. Dow Jones Transportation Index and BankIndex dell 3.6% and 2.7% respectively.
On DowJones, the broadening Wedge pattern indicates the index may dip to 32,600 levels.
Indian markets traded in a range yesterday and SGX Nifty indicates negative opening of 30points.
Nifty is yet to break the major hurdle of 17,900 on the chart.
On derivative structure, 17800CE and 18000CE holds OI over 2L contracts indicating a resistance zone while 17700PE have an OI of 2.66L signaling support area.
Index may trade in the range till expiry between 17,500-18,000 zone.
Banking stocks were trending mix as ICICI and SBI were bullish while HDFCBank and Axis Bank closed in red.
On BankNifty, 42,300 will act as major support zone and likely to head towards 43,000 levels.
#PreMarket
#SGXNifty
On DowJones, the broadening Wedge pattern indicates the index may dip to 32,600 levels.
Indian markets traded in a range yesterday and SGX Nifty indicates negative opening of 30points.
Nifty is yet to break the major hurdle of 17,900 on the chart.
On derivative structure, 17800CE and 18000CE holds OI over 2L contracts indicating a resistance zone while 17700PE have an OI of 2.66L signaling support area.
Index may trade in the range till expiry between 17,500-18,000 zone.
Banking stocks were trending mix as ICICI and SBI were bullish while HDFCBank and Axis Bank closed in red.
On BankNifty, 42,300 will act as major support zone and likely to head towards 43,000 levels.
#PreMarket
#SGXNifty
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Stock Market Update - SGX Nifty Down 29 Points | Tata Consumer Q4 Results | IndiaMART Intermesh to Consider Bonus Issue | Top Buzzing Stocks Today
Top cues to track in today's stock market session.
http://www.eqtm.in/Ej47P
Top cues to track in today's stock market session.
http://www.eqtm.in/Ej47P
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Equitymaster
Fast Profits Daily - Are Railway Stocks Resuming Their Bullish Journey? Here's what the charts say about railway stocks. http://www.eqtm.in/y7Z3D
Railway Stocks Buzzing for the Day 🔥
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