The fourth quarter earnings season is picking up momentum and on Wednesday as many as 52 companies will announce their quarterly numbers. Key earnings to watch out include from Vedanta, Adani Power, IOC and Varun Beverages. Apart from the above Federal Bank, Forbes & Company, Go Fashion (India), Godrej Agrovet, Greaves Cotton, Orient Green Power … Read more
Friday’s market surge lifted the weak indices, ending the week on a positive note. Easing food inflation, A gradual easing in food inflation and a price hike by FMCG companies, along with a recent correction in valuation, supported the sector to outperform. Additionally, the expectation of an increase in US spending is propelling the IT … Read more
Indian market is expected to trade higher on Thursday tracking positive global cues. S&P BSE Sensex rose nearly 200 points while Nifty50 settled above 18300 levels on Wednesday. India VIX was up by 3.17% from 12.67 to 13.08 levels on Wednesday. Volatility has been rising from the last four sessions and creating swings in the … Read more
“And also in a competency, our goal of moving from mechanical to a mechatronics and electronic capabilities, with some of the product offerings that will come through the stable, i.e. sensors and stuff like that, I think it also adds us to the competency and the capability list,” says Nagesh Basavanhalli, Greaves Cotton Limited. Well, … Read more