Business
Top 10 stock trading ideas by experts for next 3-4 weeks as bulls not seen giving up
Stocks held their fourth straight week of gains ahead of third-quarter corporate earnings and the federal budget. The rise in Covid-19 cases appears to be a less worrisome factor due to low hospitalization rates.
On Jan. 14, the Nifty 50 closed at 18,255, up 2.5%, and rose to 7.5% in 4 weeks, indicating good momentum. Experts say the formation of a bullish candle for the fourth week in a row shows that the bulls are not tired at the moment, and if the uptrend continues, new all-time highs cannot be ruled out in the coming days.
All sectors except FMCG participated in gains last week, with energy, infrastructure, autos and metals among the top gainers. The Nifty Midcap 100 and Smallcap 100 rose 2.82% and 3.62%, respectively.
“The nifty indicator on the weekly chart has formed a long bullish candle for three weeks in a row,” said Nagaraj Sheti, technical research analyst at HDFC Securities. “Although Nifty is at highs, there is nothing at the highs according to the growing time frame chart. Signs of tiredness or reversal.”
Nifty’s recent uptrend remains intact, and the intraday weakness on Jan. 14 did not dampen the bulls’ efforts, Shetti said.
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Virat Kohli pays tribute to Ratan Tata, Jay Shah ‘deeply saddened’ by veteran industrialist’s demise
%20(3).jpg "Virat Kohli pays tribute to Ratan Tata, Jay Shah ‘deeply saddened’ by veteran industrialist’s demise")
Tributes continue to pour in for Ratan Tata, with Virat Kohli and Jay Shah taking to their social media accounts to bid farewell to the industrialist.
Former Indian captain and batting legend Virat Kohli paid a touching tribute to Ratan Tata, the legendary business tycoon, who passed away on Wednesday night. Tata, a Padma Vibhushan recipient, was undergoing treatment in intensive care since Monday but breathed his last in Mumbai, leaving a profound impact on many across the nation.
Kohli expressed his condolences through his Instagram account on Thursday morning, sharing a heartfelt message along with a photo of the late industrialist.
Tata’s contribution to business, society, and philanthropy has been widely acknowledged, and his passing marks the end of an era.
The Board of Control for Cricket in India (BCCI) secretary, Jay Shah, also conveyed his sorrow, stating, “Deeply saddened by the loss of Shri Ratan Tata Ji. His leadership, integrity, and dedication to society set a remarkable standard for legacy. My heartfelt condolences to his loved ones. Rest in peace, Sir.” Shah’s words reflect the collective grief of a nation that has long admired Tata’s contributions to the country.
BCCI’s tribute
Additionally, the BCCI issued a statement about his demise.
“The BCCI expresses its deepest sorrow and joins the nation in mourning the passing of Shri Ratan Tata ji. His invaluable contributions across diverse fields have been instrumental in shaping India’s growth and success story.
His extraordinary legacy, founded on the principles of passion, empathy, visionary leadership, innovation, and excellence, will continue to inspire and guide future generations for years to come,” the statement read.
Ratan Tata, born on December 28, 1937, in Mumbai, embarked on his journey with the Tata Group in 1962 as a young executive. Over the decades, he transformed the group into a global conglomerate. His work was acknowledged with India’s second-highest civilian honour, the Padma Vibhushan, in 2008, and he received numerous accolades, including honorary doctorates from prestigious institutions in India and abroad.
Tata is survived by his family, including brothers and sisters Simone Tata, Jimmy Tata, Noel Tata, Aloo Tata, Shireen Jejeebhoy, Deanne Jejeebhoy, Leah Tata, Maya Tata, Neville Tata, Manasi Tata, Jamset Tata, Tiana Tata, and others, as mentioned in a family statement.
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Virat Kohli pays tribute to Ratan Tata, Jay Shah ‘deeply saddened’ by veteran industrialist’s demise
%20(2).jpg "Ratan Tata, industry titan and national icon, dies at 86")
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%20(1).jpg "A priest recites prayers during a final viewing for the public to pay their respects to the former chairman of Tata Group Ratan Tata, in Mumbai, India.")
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