Times Top News

Times Top News

Movers & Shakers: Stocks That Will See Action This Week

Movers & Shakers: Stocks That Will See Action This Week

by | Aug 2, 2025 | Business


Bharti Hexacom (₹1,843.65)

Bulls gain strength

The stock of Bharti Hexacom, which gained 3.7 per cent last week, surpassed a resistance at ₹1,830. Notably, it bounced off the support at ₹1,730 last week. Overall, the price action shows that the bulls have been gaining strength. Until the support at ₹1,730 holds, the stock will retain the bullish bias.

In the near-term, we expect the price to rally to ₹2,000. Go long on Bharti Hexacom at ₹1,840 and buy more shares if the price dips to ₹1,800. Keep stop-loss at ₹1,710. When the price rises to ₹1,920, revise the stop-loss to ₹1,820. On a rally to ₹1,960, alter the stop-loss to ₹1,900. Exit at ₹2,000.

Emami (₹619.10)

Forms higher low

Powered by the rally in the last two sessions, the stock of Emami appreciated nearly 8 per cent last week. The price action on the chart shows that it has formed a higher low and the price has now crossed over both 21- and 50-day moving averages. While there might be a price correction, the broader trend is bullish, and we expect the stock to touch ₹820 over the next few months.

So, buy the stock of Emami at ₹615 and accumulate at ₹580. Place stop-loss at ₹540. When the stock runs up to ₹700, modify the stop-loss to ₹650. Raise the stop-loss to ₹720 when the price hits ₹760. Liquidate the longs at ₹820.

Varun Beverages (₹511.55)

Shift in trend

The stock of Varun Beverages posted gains in the two of the last three weeks. The price action hints that the bulls are gaining ground and there is a shift in the broader trend. That said, going ahead, we are likely to see its price moderate to ₹485. But then, the probability is high for the scrip to resume the uptrend.

Before the end of this year, there is a good chance for the stock to touch ₹620. Buy at ₹510 and ₹485. Keep a stop-loss at ₹440. When the price hits ₹550, alter the stop-loss to ₹500. Tighten the stop-loss further to ₹520 when the stock appreciates to ₹580. Book profits at ₹620.

Published on August 2, 2025



Source link

Index Outlook: Some more room to fall

Index Outlook: Some more room to fall

by | Aug 2, 2025 | Business


Nifty 50, Sensex and the Nifty Bank index fell for the fifth consecutive week and were down just over a per cent each. The Nifty Midcap 150 and the Nifty Smallcap 250 indices were beaten down badly. They were down 1.92 and 2.97 per cent respectively.

Among the sectors, the BSE FMCG, up 2.41 per cent was the only index to close in green. The BSE Reatly index tumbled the most by 5.68 per cent.

The sharp fall in the US markets on Friday after the weak jobs data can drag the Indian benchmark indices further lower. However, we reiterate that this fall is just a correction within the overall uptrend. As such more fall from here should be considered as a good buying opportunity.

FPIs sell

Foreign Portfolio Investors (FPIs) sold heavily last week. The Indian equity segment saw a net outflow of about $2 billion last week. The FPIs have to start buying in order to provide some breather for the benchmark indices.

Nifty 50 (24,565.35)

Nifty struggled to get a strong follow-through rise above 24,900 last week. It touched a low of 24,535.05 on Friday and closed at 24,565.35, down 1.09 per cent.

Short-term view: The trend is down. Immediate support is at 24,450. A bounce from there can take the Nifty up to 24,900 and 25,000.

But a break below 24,450 can drag the Nifty down to 24,300 or 24,000. Cluster of supports are there in the 24,300-24,000 region. So, a fall beyond 24,000 is unlikely. So, Nifty can rise back anywhere from the 24,300-24,000 region and go up to 25,000-25,100

Chart Source: TradingView

Chart Source: TradingView

Medium-term view: The broader trend is up. Strong support is in the 24,000-23,500 region. We retain our bullish view of seeing a rise to 28,000-28,500 first and then a corrective fall to 26,000. Thereafter Nifty can rise back and target 31,000 over the long-term.

So, the fall to 24,000, if seen, will be a very good buying opportunity.

Video Credit: Businessline

Nifty Bank (55,617.60)

Nifty Bank index fell below 55,950 contrary to our expectation. It made a low of 55,562.10 and closed at 55,617.60, down 1.61 per cent for the week.

Short-term view: The outlook is negative. Nifty Bank index can break 55,300, the immediate support and fall to 54,800-54,500 or even 54,000. However, a fall beyond 54,000 is unlikely. A fresh leg of rise from the 54,500-54,000 region can take the Nifty Bank index up to 56,000-56,500. It will also give an early sign of the resumption of the broader uptrend.

Chart Source: TradingView

Chart Source: TradingView

Medium-term view: The uptrend is intact with strong support around 54,000. The expected bounce from 54,000 will keep our bullish view intact to see 59,000 over the medium term. A corrective fall to 56,000 is possible thereafter followed by a fresh rally to target 61,000 over the long term.

A sustained fall below 54,000 will only negate this bullish view and drag the index down to 52,500-52,000. But that looks less probable.

Sensex (80,599.91)

The fall to 80,400-80,350 mentioned last week is happening now. Sensex made a low of 80,495.57 and closed the week at 80,599.91, down 1.06 per cent.

Short-term view: Sensex can fall to test its next supports at 79,700 or even 79,000-78,800. A bounce from either of these supports can give a relief bounce to 80,000 initially and then to 82,000 eventually.

A break below 78,800, though less likely, will increase the danger of seeing an extended fall to 77,000 and even lower. So, watch the price action around 79,000 closely.

Chart Source: TradingView

Chart Source: TradingView

Medium-term view: The expected bounce from around 79,000 will keep the broader bullish view intact. In that case, our bullish view of seeing 88,000-89,000 over the medium term and 91,000-92,000 over the long term will remain alive.

This bullish outlook will come under threat if the Sensex breaks below 78,800. Such a break will drag the index down 76,000.

Nifty Midcap 150 (21,088.65)

The Nifty Midcap 150 index fell breaking below the support at 21,400. This has opened the doors for more fall going forward,

Chart Source: TradingView

Chart Source: TradingView

The short-term outlook is negative to see a fall to 20,650 and even to 20,200-20,000. The region between 20,200 and 20,000 is a strong support from where the index can rise back to 21,000-21,500 in the short term.

That will also keep the long-term bullish view intact to breach the 22,000-22,100 resistance zone. Such a break can trigger a fresh rally to 23,000-23,500 first and then 25,000-25,500 eventually over the long term.

Nifty Smallcap 250 (16,863.25)

The Nifty Smallcap 250 index has declined below 17,200 contrary to our expectation. There is room to test 16,650-16,550 in the near term. A bounce from the 16,650-16,550 region can take the index back up to 17,500 and 18,000.

Chart Source: TradingView

Chart Source: TradingView

Such a rise will indicate a possible inverted head and shoulder bullish pattern on the chart. It will also keep our broader bullish view intact to breach the 18,000-18,200 resistance zone and rise to 21,000 over the long term.

In case the index declines below 16,550, it can see an extended fall to 16,300-16,250.

Published on August 2, 2025



Source link

US Market Outlook: US Markets Topple

US Market Outlook: US Markets Topple

by | Aug 2, 2025 | Business


The Dow Jones Industrial Average, NASDAQ Composite and S&P 500 index tumbled over 2 per cent each last week. The Dow Jones remained under pressure all through the week. The NASDAQ Composite and the S&P 500 on the other hand went up in the first half of the week and made another new high. But they also reversed lower in the second half of the week. The weak jobs data release on Friday accelerated the fall towards the end of the week.

The dollar index (DXY) and the US 10Yr Treasury Yield were also knocked down badly on Friday as the noise for more rate cuts increased after the jobs data release.

Will the US markets continue to trade under pressure? Here is an analysis.

Dow Jones (43,588.58)

The Dow Jones fell below the support at 44,380. Resistance is now in the 44,000-44,100 region. The index can fall to 43,000-42,800 but not beyond that.

The region between 43,000 and 42,800 is a strong support. The Dow can reverse higher from here and move up to 43,700-44,000 again.

From a big picture, the bounce from around 43,000 will indicate an inverted head and shoulder bullish pattern formation on the chart. That will keep our broader bullish view intact to see 46,500 over the medium term and 50,000 over the long term.

A decisive break above the 45,000-45,050 resistance zone will clear the way for the aforementioned rally.

S&P 500 (6,238.01)

The S&P 500 index made a new high of 6,427.02 and fell sharply giving away all the gains. Resistance is now in the 6,280-6,300 region. The index can fall to 6,130-6,100 this week. The price action thereafter will need a close watch.

A bounce from the 6,130-6,100 region can take the S&P 500 index up to 6,280-6,300 again. An eventual break above 6,300 will then see the rise extending to 6,450-6,500. That will also keep intact our long-term bullish view of the S&P 500 index targeting 6,800.

This bullish view will go wrong only if the index declines below 6,100. If that happens, a fall to 6,000 and even lower levels can be seen.

NASDAQ Composite (20,650.13)

The NASDAQ Composite index has come down sharply after making a new high of 21,457.48. Immediate support is at 20,500. A break below it can drag the index down to 20,000 in the near term. However, a fall beyond 20,000 looks less likely now.

A fresh rise from around 20,000 can take the NASDAQ Composite index up to 20,800-21,000. It will also keep the broader bullish view intact to see 22,500-23,300 on the upside over the medium term and 26,000 over the long term.

In case the index breaks below 20,000, an extended fall to 19,500-19,300 can be seen. Thereafter the index can rise back again.

Dollar index outlook

The Dollar index (98.68) fell sharply giving away some of the gains after touching a high of 100.26. Support is at 98 which can be tested this week. If the index manages to bounce back from this support, it can rise back to 100 and even 101 in the short term.

But a break below 98 can take it further down to 97. Thereafter a rise back to 98 and 100 can be seen again. Broadly, we can look for a range of 98-100 (narrow) or 97-101 (broad) in the dollar index for some time now.

Treasury Yield outlook

The US 10Yr Treasury Yield (4.22 per cent) tumbled from around 4.41 per cent on Friday. The fall below 4.3 per cent has turned the near-term outlook negative. The US 10Yr Yield can fall to 4.1 or 4 per cent form here.

An intermediate bounce from around 4.2 per cent if seen can be capped at 4.3 per cent.

Data watch

The US Federal Reserve kept the rates unchanged at 4.25-4.5 per cent range last week and that did not impact the market much. The major trigger for the fall came from the sharp lower revisions in the non-farm payroll data on Friday. The US added 73,000 jobs in July. The June data was revised lower from 147,000 to 14,000 and the May data from 144,000 to 19,000.

No major data release is scheduled for this week. So, the impact of the weak jobs data can continue to weigh on the markets.

Published on August 2, 2025



Source link

Prospective home loan borrowers turn smart, delay borrowing decisions to benefit from interest rate downcycle

Prospective home loan borrowers turn smart, delay borrowing decisions to benefit from interest rate downcycle

by | Aug 2, 2025 | Business


As of June 27, 2025, banks’ housing loan (including priority sector loans) growth decelerated to 9.6 per cent y-o-y

As of June 27, 2025, banks’ housing loan (including priority sector loans) growth decelerated to 9.6 per cent y-o-y

Home loan growth has hit the slow lane, with prospective borrowers preferring to wait and watch in the current rate cut cycle to get the benefit of cheaper borrowing down the line.

These borrowers have perhaps gauged that they will be better off postponing borrowing by a few more months in their quest for softer interest rates and lower EMI outgo

The reason is that the Central bank is expected to reduce its signal (repo) rate in two tranches of 25 basis points by December 2025 and the same will get transmitted into lending rates of banks and housing finance companies (HFCs), translating into lower borrowing cost for new borrowers.

That prospective home loan borrowers are closely watching interest rates and taking borrowing calls accordingly is borne out by RBI data.

As of June 27, 2025, banks’ housing loan (including priority sector loans) growth decelerated to 9.6 per cent year-on-year (y-o-y) from 36.3 per cent y-o-y growth as of June 28, 2024. In FY26 so far (up to June 27, 2025), housing loan growth declined to 1.9 per cent from 2.9 per cent as at June 28, 202.4

Tribhuwan Adhikari, Managing Director & CEO, LIC Housing Finance Ltd,said:“We are right now in the middle of an interest rate cut cycle…And initially when RBI cut the rates by 100 basis points, we were very buoyed and happy and hoping for a big increase in demand.

“Unfortunately, at least at LICHFL, we have not seen that surge in demand…I believe many of the borrowers are waiting for this cycle to get completed and take complete benefit of the rate cuts,” he added.

He noted that borrowers may be taking into account the likelihood of further rate cuts. So, they may be waiting for the entire rate cut cycle to go through before taking a call.

“As far as new (home) loans are concerned, there is a slow down. This is quite surprising actually. I was surprised because when the repo rates went down by 100 basis points, I was pretty gung-ho, hopefully looking for a good demand in the market for housing loans,” he said.

“We were expecting a good boost but unfortunately that has not happened and it intrigues me. The only logical explanation I can give is people are smart. Probably they know that there are further rate cuts coming and are waiting it out, waiting for the cycle to get completed before taking a call (on borrowing),” Adhikari said.

The LICHFL chief expects acceleration in home loans from third quarter onwards, with loan growth climbing to double digits from single digits (3 per cent growth in disbursements) in the first quarter.

Published on August 2, 2025



Source link

Over 3 lakh people pledge their organs, a milestone in public participation, says Union Health Minister

Over 3 lakh people pledge their organs, a milestone in public participation, says Union Health Minister

by | Aug 2, 2025 | Business


More than 3.30 lakh citizens have pledged their organs, since launch of the Aadhar-based NOTTO online pledge website in 2023, and this marks a historic moment in public participation in organ donation, said Union Health Minister JP Nadda, on organ donation day.

India performed over 18,900 organ transplants in 2024, the highest ever recorded in a single year, a significant leap from fewer than 5,000 transplants in 2013, he added.

In fact, “India ranks third globally in the total number of organ transplants, behind only the United States of America and China,” he said,  besides leading the world in hand transplants.

The 15th edition of Indian Organ Donation Day looks to promote organ and tissue donation across the country, a note from the Health Ministry said.

“Organ donation is one of the noblest acts of humanity. In a world where medical science has made incredible progress, the gift of an organ is one of the most profound contributions one can make for someone else,” said the Health Minister.

Stressing the importance of organ donation, he said, “there is an alarming rise in the cases of organ failures posing a serious threat to public health and increasing strain on the healthcare system. Every year thousands of people wait for organ transplants. Despite the urgent need there remains a significant gap between the number of patients waiting for transplants and the number of available donors.”

The gap is not due to lack of willingness but often due to lack of awareness and hesitation rooted in the myths and misconceptions, he pointed out.

Addressing the gap between requirement of organs and available donors, he emphasized the need for greater awareness, more public dialogues, timely consent from families and robust system to support diseased donation.

He stated that “Each organ donor is a silent hero, someone whose selfless act transforms grief into hope and loss into lives. One person can save up to 8 lives by donating heart, lungs, liver, kidneys, pancreas and intestines. Additionally, countless more lives can be transformed through tissue donations.”

Financial support

Pointing Government efforts for organ transplantation, he said, “to make organ transplant more accessible, financial support of up to ₹15 lakh is provided to poor patients for transplantation of kidneys, liver, heart and lungs under the Rashtriya Arogya Nidhi. Poor patients are provided support of up to ₹10,000 per month after transplant to cover the medical expenses. Kidney transplant package has also been included in Ayushman Bharat Pradhan Mantri- Jan Arogya Yojana (AB PM-JAY).”

Nivedita Shukla Verma, Acting Secretary, Health and Family Welfare recalled the 1994 Transplantation of Human Organs Act and the first heart transplant at AIIMS – events that shaped the country’s organ donation efforts.

Global shortage

She also pointed to the global challenge of organ shortage, noting that India’s organ donation rate remains under one percent relative to the population. Over 63,000 individuals currently need kidney transplants, and around 22,000 liver transplants.

She stressed the need for timely organ donations from accident victims and those who suffer from heart strokes. Further, she outlined three key areas for progress –  identifying more potential donors, expanding infrastructure, and developing human resources as essential to saving lives through ethical organ donation.

Published on August 2, 2025



Source link

About-us

Privacy Policy

Email: hansrajagrawalakola@gmail.com