Breakout Stocks: How investors should trade Prism Johnson, Adani Wilmar and V-Mart on Friday

Breakout Stocks: How investors should trade Prism Johnson, Adani Wilmar and V-Mart on Friday

Indian market closed in the red for the sixth consecutive day on Thursday, tracking muted global cues. The S&P BSE Sensex fell more than 900 points while the Nifty50 closed below 18,900 levels. Sectorally, selling was seen in auto, metals, oil & gas, and consumer durable stocks while buying was seen in utilities and power … Read more

Indonesia palm oil export ban dents FMCG stocks; oil companies rally

Indonesia palm oil export ban dents FMCG stocks; oil companies rally

New Delhi: FMCG stocks were in a rude shock during early trade on Monday following a shortage of palm oil which led to strict actions from major exporting nations. However, edible oil companies gained over the buzz. Indonesia’s ban on palm oil exports shocked global edible oils markets that already reached record high prices this … Read more