The Indian market closed in the red for the fourth straight session on Wednesday, tracking muted global cues. The S&P BSE Sensex fell over 600 points while the Nifty50 was down 183 points to close at 22,704. Sectorally, buying was seen in utilities, power, healthcare, and telecom stocks while IT, oil & gas and banks … Read more
The December quarter show of India Inc though, was broadly in line to slightly better than street expectations, there were exceptions which failed to cheer up investors with good numbers. Around 26 companies, with a market capitalisation of over Rs 2,500 crore, reported atleast 25% year-on-year (YoY) fall in both revenue and profits in the … Read more
The fourth quarter earnings season is in the last leg and the Street is awaiting numbers from some of the top PSU companies and other index heavyweights including Airtel and ITC. Indian Oil, ITC, IndiGo, SBI, Zomato are among a slew of companies that are set to announce their fourth quarter results. So far, results … Read more
Indian market is likely to consolidate further on Thursday tracking mixed global cues. The S&P BSE Sensex fell more than 150 points while the Nifty50 managed to hold on to 17600 levels on Wednesday. India VIX was up by 0.60% from 12.08 to 12.15 levels on Wednesday. Volatility sunk to 11 zones during the session … Read more
The Indian market is likely to open flat on Monday tracking muted global cues. The S&P BSE Sensex fell more than 800 points while the Nifty50 managed to hold on to 17,600 level on Friday. India VIX moved up by 18.14% from 14.66 to 17.32 levels on Friday. On the options front, the weekly maximum … Read more
The Indian sugar industry, the second largest global producer after Brazil (~36.5 MT), with 30.8 MT of production in the sugar season (Oct-Sep) 2020-21, was traditionally known for exports, cyclicity and its high operating costs. Synopsis The sugar sector is undergoing a massive revolution and has emerged as a powerful driver of clean energy, accelerating … Read more
NEW DELHI: Farm income-related stocks are back in focus as southwest monsoon looks set to hit Kerala on May 27. A good monsoon tends to increase rural demand. Analysts said if the monsoon goes well, one may see a lift in farm income and, thus, demand, especially when food prices are rising. Two-wheelers, tractors, consumer … Read more
The demand for personalised transport will remain for quite some time at accentuated levels. All this helps two-wheeler manufacturers. So, Hero MotoCorp, Bajaj Auto and even TVS need to be looked at, says Sudip Bandyopadhyay, Director, Inditrade Capital Where do you stand when it comes to the private baking names because this has been a … Read more