“So this clearly indicates that now markets are again back into the range of 18,400 to 18,600 and Bank Nifty is within a range of 44,200 to 43,800,” says Jay Thakkar, Sharekhan. How are you reading the way Nifty, Bank Nifty have come down? Are they coming closer to the support levels? Also tell us … Read more
The Indian market is expected to open lower on Thursday following muted global cues. The S&P BSE Sensex fell more than 200 points while the Nifty50 managed to hold on to 18,000 levels on Wednesday. We have collated stocks from various experts for traders who have a short-term trading horizon: Expert: Jayesh Bhanushali, Sr Derivatives … Read more
Following its impressive show in Q2 business update, shares ended 5.2% higher on Friday and closed a tad below its lifetime closing high. “We believe the stock will surpass its lifetime high of Rs 2,768 and explore uncharted territory, which could take it towards Rs 3,000,” says Jatin Gohil, Technical and Derivative Research Analyst at … Read more
The continued bull run in the broader market saw 17 stocks on the BSE 500 register double-digit gains last week. This has further widened the premium gap of some of the companies to the industry valuation. The top performers were , , , , , and , having gained 14-28 per cent this week. Mishra … Read more
NEW DELHI: While a number of bluechips have been sulking in a volatile 2022, defence stocks have been firing on all cylinders. Missile-maker Bharat Dynamics (BDL), which has been below the radar of most brokerages as only a handful of them have coverage on the PSU, has seen its shares more than double so far … Read more
NEW DELHI: Shares of defence companies defied the weakness in the broader market and managed to close with gains as the government as a council gave preliminary approval to military modernization projects costing Rs 76,000 crore, including the Navy’s next-generation corvettes. The approval will help cut India’s dependence on imports for military equipment as most … Read more
PM Modi also inaugurated several key infrastructure projects including Cochin Refinery’s Propylene Derivative Petrochemical project. Modi govt’s boost for Kerala tourism! Touching upon various tourism initiatives to boost India’s travel rankings and with greater focus on coastal areas, Prime Minister Narendra Modi’s Kochi visit on Sunday has yet again highlighted the Centre’s renewed focus on … Read more
KOCHI: India is giving topmost importance to develop its blue economy, said Prime Minister Narendra Modi on Sunday while inaugurating several projects in Kochi. He said, “Our vision and work in this sector include improving infrastructure on current ports, more ports, offshore energy, sustainable coastal development and coastal connectivity.” PM Modi further said, “The Propylene … Read more
NEW DELHI: Mazagon Dock Shipbuilders’ 49 per cent listing gains disappointed many investors, who had been expecting it to make a debut with at least 80 per cent gain. The listing pop was nowhere near IRCTC’s 101 per cent seen during its October 2019 listing nor PowerGrid’s 63 per cent during its 2007 listing. It, … Read more