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Month: April 2020

STOCKS TO TRADE FOR THE DAY-16TH APRIL 2020

STOCKS TO TRADE FOR THE DAY-16TH APRIL 2020

Benchmark indices failed to hold on to gains and closed in the red on April 15. Sensex closed 310 points, or 1.01 percent, down at 30,379.81 while Nifty finished 69 points, or 0.76 percent, lower at  8,925.30. The broader markets outperformed as BSE Midcap and Smallcap indices ended higher by 1.3 percent and 1.2 percent,  respectively. The sectoral indices witnessed a mixed trend wherein FMCG, Realty, Capital Goods and Metals ended with gains whereas other indices like Auto, Banking, Finance…

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STOCKS TO TRADE FOR THE DAY- 15TH APRIL 2020

STOCKS TO TRADE FOR THE DAY- 15TH APRIL 2020

percent, down at 30,690.02, while Nifty ended 118 points, or 1.30 percent, down at 8,993.85 on April 13. Prime Minister Narendra Modi on April 14 announced an extension in lockdown till May 3. Earlier the lockdown period was announced from March 25 till April 14. Experts feel the extended lockdown will have an impact on the economy and earnings. Hence they expect some selling pressure to remain but overall the market will not have any major reaction during the extended…

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STOCKS TO TRADE FOR THE DAY-13TH APRIL 2020

STOCKS TO TRADE FOR THE DAY-13TH APRIL 2020

The BSE Sensex and Nifty50 climbed nearly 13 percent in the week ended April 9. This was the biggest weekly gain since May 2009 as investors cheered renewed FII buying interest and receding number of coronavirus cases across the globe. However, experts are not convinced of the rally and feel that going forward, the market mood will be dictated by news flow around the spread of COVID-19 and extension to the current lockdown rather than March quarter earnings which seem to have already been…

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STOCKS TO TRADE FOR THE DAY-9TH APRIL 2020

STOCKS TO TRADE FOR THE DAY-9TH APRIL 2020

The Indian market remained on the volatile track and gave up all gains of the morning session, following a negative opening in the European markets. Sensex ended 173 points, or 0.58 percent, lower at 29,893.96 while Nifty settled 43 points, or 0.49 percent, down at 8,748.75. BSE Midcap and Smallcap indices outperformed the benchmark Sensex, closing with strong gains of 1.90 percent and 1.86 percent, respectively. GET YOUR PAID SERVICES NOW http://streetgains.in/subscribe/ Happy trading http://streetgains.in/subscribe/ TEAM STREETGAINS Share on: WhatsApp

STOCKS TO TRADE FOR THE DAY-3RD APRIL 2020

STOCKS TO TRADE FOR THE DAY-3RD APRIL 2020

The Indian equity market benchmarks Sensex and Nifty fell in the negative in the last trading session on April 1 amid fears that the COVID-19 was rapidly deteriorating the country’s macroeconomic health. The 30-share Sensex ended 1,203 points, or 4.08 percent, down at 28,265.31 while Nifty settled 344 points, or 4 percent, lower at 8,253.80. The BSE Midcap and Smallcap indices remained better off than the benchmarks, down 2.18 percent and 1.06 percent, respectively. Experts highlighted that the government’s announcement…

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STOCKS TO TRADE FOR THE DAY-1ST APRIL 2020

STOCKS TO TRADE FOR THE DAY-1ST APRIL 2020

After the sharp sell-off in the previous session, benchmark indices on March 31 staged a smart recovery and ended on a positive note. Positive global cues, mainly in response to an improvement in China’s manufacturing data, lifted investors’ sentiments, which led to buying in the Indian markets despite the rise in coronavirus cases. BSE Sensex rose 1,028 points to 29,468 while Nifty50 closed 317 points higher at 8,598. Experts say consolidation will continue and if the index surpasses 8,660 on closing,…

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