where the streets have no name

The Nifty failed to hold on to gains and closed in the red for

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Q) It was a roller coaster ride for traders in the truncated week. The Nifty failed to hold on to gains and closed in the red for the week that ended on August 16. What do you see for the markets in the coming week? And, what are the important support and resistance levels to watch out for?A) We feel that the Nifty would further consolidate in the coming week within a broader range of 10,750 11,250 and either side of the breakout will trigger the next directional move.3 Point Analysis Seya Industries Q1 FY20 reviewNeed to navigate this challenging phase in market carefully: Kotak MF’s Harsha UpadhyayaBCL Industries, Shree Renuka among 4 stocks available at attractive valuationsQ) Some of the stocks which are putting a brave face in a downtrend are the ones which are hitting fresh 52 week highs, which include names like Avas Financiers, Apollo Hospitals, SBI Life Insurance, Trent etc.

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Hudson Bay Co. Is selling the operations of its Lord Taylor department store chain to clothing rental subscription company Le Tote for US$100 million, the companies announced on Wednesday.Of the total, a quarter will come in the form of a promissory note payable in cash after two years. Additionally, Hudson Bay will take a stake in Le Tote and get two seats on the board.


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