In the Nifty500 pack, four stocks are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks’ 50-day simple moving averages (SMA) crossed their 200-day SMAs on May … Read more
On April 11, eight stocks in the Nifty500 pack came to the bullish scanner of “White Marubozu”, according to stockedge.com’s technical scan data. A White Marubozu is a bullish candlestick pattern in technical analysis. It occurs when the opening price is the lowest for a given period, and the closing price is the highest. Represented … Read more
Following the Reserve Bank of India’s recent 0.25% reduction in the repo rate, attention has swiftly turned towards fixed deposit (FD) interest rates, particularly affecting senior citizens. With banks expected to reduce their rates accordingly, six institutions have announced revised FD interest rates effective February 2025. This adjustment comes as a significant move for those … Read more
The second quarter earnings season is underway and as many as 182 companies will declare their results this week. Some of the marquee names include ICICI Bank, YES Bank, ITC, Bajaj Housing Finance, HUL, Ultratech Cement, Bajaj Finance, Bajaj Finserv, IndiGo, Paytm, and Zomato among others. Here are the key earnings to watch out next … Read more
With the dollar index and US 10-year bond yields on the rise, along with increasing crude prices and geopolitical tensions, analysts advise a cautious approach. They advise investors to refrain from chasing buying opportunities at elevated levels and suggest booking profits on any bounceback. ICICI Bank, Reliance Industries, Mahindra & Mahindra, Eicher Motors, SAIL, IRCTC, … Read more
Dalal Street’s top stock picker Saurabh Mukherjea, who handles HNI money worth around Rs 8,500 crore in his PMS firm Marcellus, has picked three new stocks in his portfolio recently – City Union Bank, Tube Investments, and Narayana Hrudayalaya. While adding the smallcap City Union Bank to his financials-focused Kings of Capital Portfolio (KCP) fund, … Read more
Indian market is expected to open higher on Friday tracking positive global cues. The Nifty future closed positive with gains of 0.28% at 21983 levels on Thursday. India VIX was down by 4.65% from 16.33 to 15.57 levels. Volatility cooled off after steaming in the entire week and paved the way for the bulls in … Read more
SBI Life Share Price 1413.95 03:58 PM | 17 Nov 2023 54.00(3.97%) HDFC LIFE INSURANCE Share Price 651.80 03:59 PM | 17 Nov 2023 16.85(2.65%) Apollo Hospitals Enterprises Share Price 5478.95 03:58 PM | 17 Nov 2023 140.20(2.63%) Larsen & Toubro Share Price 3109.00 03:59 PM | 17 Nov 2023 57.85(1.90%) Hero MotoCorp Share Price … Read more
City Union Bank Ltd, part of the private sector banking space, has fallen by about 30% from December 2022 highs but the stock gave a breakout from a channel pattern last week which has opened room for the stock to head higher. As long as the stock stays above 136-140, bulls will be able to … Read more
Mumbai: The likely shift to provisioning based on expected losses from incurred losses could be cumbersome for some public sector and regional private sector banks, according to analysts. Even as most banks have strengthened capital buffers post Covid-19, expected credit loss (ECL)-based norms could release existing provisioning for large banks such as ICICI Bank and … Read more