Analyst View

Stock Markets to remain Strong Today: Technical View

Stock analyst, KJMC Capital Markets, Anand Dama said yesterday, the security market deals in the positive though the majority of the international markets were down. The market showed lot of short covering. Despite that, political stableness also pulled the markets up.

After mid-session, stock market recovered as there were no remarks from the Left. The major buying was seen in PSU. Some buying was also seen in auto sector as auto numbers are anticipated in the coming two-three days.

Volatility Is Likely On F&O Expiry, Says Vishwas Agarwal

As projected the market touched - NSE Nifty 4,326 and BSE Sensex 14,900 level, chaired by frontline stocks, said Vishwas Agarwal, technical analyst.

Markets to remain Rangebound Today – Stock Analysts

Stock MarketsBhupendra Sharma, vice president, Hornic Investments told that, yesterday stock market was within range and ended the day after gaining 59 points.

In the early trades, the market was feeble, as it adopted worldwide cues but recovered in the last trading hours, on the back of trading. Buying was seen in technological stocks.

According to Mr. Sharma, today, if NSE Nifty trades above 4,325, then it may go further up, otherwise market is still in a negative range. He is optimistic on Reliance Industries, Redington and Financial technologies.

Stock Markets To Perform Well Today – Rahul Agarwal

Rahul Agarwal, VP Institutional Sales, LKP Shares, said that yesterday stock markets were very strong, lot of buying was seen in Reliance Group and banking stocks. Auto sector also did well. Markets lifted largely due to short covering.

According to Mr. Agarwal, markets will remain strong today (August 28). He anticipates constant recovery to occur in the markets though market can be explosive and can again drop to 14,000 level.

Dalal Street May See Volatility This Week - Stock Analysts

Mumbai: According to stock analysts, the domestic stock markets are expected to stay fairly explosive in the current week ahead with capitalists expecting direction from worldwide clues and local political condition.

Last week, the benchmark index BSE Sensex closed on a flat note at 14,424.87 points, and also descended below the 14,000 mark in the last seven days. In the past week, the Sensex had hovered from negative to positive dominion amid worries on the actions in the Central government.

Motilal Oswal can offer 10-15% returns on listing

Motilal Oswal Securities Ltd.Motilal Oswal is coming up with a Public Issue to raise Rs 246 crore by selling its 29,82,710 shares with face value of Rs 5 each through 100% book building process. The price band of the IPO is Rs 725-825 per share. The issue will close on Thursday.