Nifty forms Bearish Engulfing pattern; Profit swells, but these midcaps still feeling low

To keep you updated, we send ET Markets Newsletter to your mailbox. In case, you wish to Unsubscribe Click Here

DAILY BRIEF Fri, May 18, 2018 #ValueInvestor#CrudeOil#Q4Earnings#MarketMoguls#IPO SENSEX 34848.30 -300.82 NIFTY 50 10596.40 -86.30 Gold 30987.00 9.00 USD/INR 68.01 0.31

TOP OF THE DAY Tech view: Nifty forms Bearish Engulfing pattern, signals more pain Analysts say the 50-day moving average around the 10,550 level should act as a major support. F&O: Put unwinding at all strikes paving way for further fall in Nifty Crude's rally to $80 is just the beginning! How to deal with it Radhakishan Damani to sell 62 lakh Avenue Supermarts shares After Hours: D-Mart's big fall, HUL's new feat and other stories 13,000% jump in 10 years! Many are still betting on a big takeoff Is rate hike only way to calm markets now? Looks like it is

Top Gainers NSE 1 company (largecap) appreciated more than 5% Endurance Technologies Ltd. 6.08% More from Gainers Top Losers NSE 4 companies (largecap) price decreased more than -5% HEG Ltd -6.35% NALCO -5.72% More from Losers 52 Week High NSE 15 companies touched new 52-week high today Manali Petro 5.19% Bajaj Finance 4.02% More from 52 Week High

50 mid & smallcaps doubled Q4 profit, but stocks are struggling Shares of most midcap and smallcap stocks are under pressure this calendar. HUL overtakes ITC in m-cap; which stock can add value? Too many upside risks: Will price trends become worrisome again? Saudi Arabia gives assurances on supply as oil hits $80 per barrel

Market moguls Podcast Video Too many upside risks: Will price trends become worrisome again? ETMarkets Morning Podcast: Your daily digest of market news Sensex plunges 300 pts to close below 35,000, Nifty ends at 10,596

RECOMMENDATIONS Alembic Pharmaceuticals Ltd. Neutral on Alembic Pharmaceuticals, target Rs 535: HDFC Securities Neutral Hindustan Unilever Ltd. Buy Hindustan Unilever, target Rs 1615: HDFC Securities Buy Majesco Ltd. Buy Majesco, target Rs 653: HDFC Securities Buy Lupin Ltd. Buy Lupin, target Rs 1190: HDFC Securities Buy Balaji Amines Ltd. Buy Balaji Amines, target Rs 725: HDFC Securities Buy

Bajaj Auto Q4 profit jumps 36% YoY to Rs 1,175 crore ​The earnings numbers beat the ETNOW poll of Rs 1,047 crore.​ Biocon sells 1.88% stake in Syngene for Rs 230 crore Sebi to auction 18 MPS Greenery Developers properties next month Will consumer discretionary be as hot as FMCG? Tushar Pradhan thinks so

Quick Links Markets Live | Market Stats | IPOs | Technicals | Commodities | Forex

About us|Advertise with us|Feedback|Sitemap|Code of Ethics © Times Internet Limited. To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here, To unsubscribe or edit your subscriptions please click here