Insights

Nifty Short-term Update

FundsIndia Desk

We have not updated the Nifty outlook recently as the index has been moving as anticipated. We expected a reversal (probably 100-odd points early) and the Nifty obliged with a…Continue Reading

Nifty: A Correction Likely

FundsIndia Desk

In the prior update we mentioned that the Nifty could rally to 5,800-5,850. This target has been achieved and the Nifty is now at an area where it could run into…Continue Reading

Reliance Communications: Buy For a Quick Pop

FundsIndia Desk

Reliance Communications has been one of the better performing stocks this year. After a brief consolidation, the stock appears to be ready for the next leg of the uptrend. As…Continue Reading

Nifty: Short Term Update

FundsIndia Desk

The Nifty has seen a sharp recovery which seems to have taken quite a few people by surprise. Rather than fretting about the lost opportunity, it would make sense to…Continue Reading

IDFC: Time To Nibble

FundsIndia Desk

The IDFC stock has fallen sharply in the past few weeks after its exclusion from the MSCI India index and the reduction in the FII limit. The recent crack has…Continue Reading

Tech Mahindra: Gaining Momentum, Time to Accumulate

FundsIndia Desk

The stocks from the IT sector have outperformed this year, courtesy the depreciation in the value of the Rupee and the better-than-expected earnings reported in the recent quarters. Tech Mahindra…Continue Reading

ITC: Time To Take Profits

FundsIndia Desk

This stock has been one of the out-performers this year. The recent price however suggests that the stock could get into healthy downside correction. The CNX FMCG index too supports…Continue Reading

Tata Steel: A Long-Term Buying Opportunity

FundsIndia Desk

The Tata Steel stock has cracked a lot this year. This prompted us to take a look at the long-term outlook and the monthly chart displayed below suggests that the…Continue Reading

Nifty: Short-tem Update August 5 – 8

FundsIndia Desk

In the FundsIndia FREE weekly market outlook webinar held on Friday, we discussed the possibility of a relief rally in the Nifty. The index has seen a one-sided fall with…Continue Reading

CNX PSU Bank Index: More Pain Left

FundsIndia Desk

The disparate performance of the stocks from the private and public sector space was a striking feature of yesterday’s trading. While the likes of Kotak, Axis and IndusInd managed to…Continue Reading