Exicom Tele-Systems to float IPO on Feb 27; aims to raise Rs 329 crore via fresh issue

Exicom Tele-Systems to float IPO on Feb 27; aims to raise Rs 329 crore via fresh issue

EV chargers maker Exicom Tele-Systems Ltd is set to launch its Initial Public Offering (IPO) on February 27. The initial share sale will conclude on February 29 and the bidding for anchor investors will open for a day on February 26, according to the Red Herring Prospectus (RHP). The maiden public issue comprises a fresh … Read more

Nifty oversold, can consolidate at 17,200-17,900: Analysts

Nifty oversold, can consolidate at 17,200-17,900: Analysts

Will the Nifty be able to end its six-day losing run? The index looks oversold in the short-term on technical and derivative fronts, but with the index breaking below the key support of 17,500, analysts are not ruling out further downside. Reliance Industries, TCS, L&T, Axis Bank, NTPC, ONGC, UltraTech, and Maruti are some stocks … Read more

A break of 17,450 could take Nifty down to 17,230

A break of 17,450 could take Nifty down to 17,230

Benchmark Nifty slipped below its 100-day moving average after a sharp fall of 2.5% last week. Most technical indicators suggest the bearish momentum could continue into this week, according to technical analysts. Crucial support is seen at 17,450, and a breakdown below this zone may attract further selling towards the 200 DMA of the 17,230 … Read more

Nifty may hit 18,900, some large names can gain 5-7%: Analysts

Nifty may hit 18,900, some large names can gain 5-7%: Analysts

The Nifty is heading towards 18,900 levels in the near term with traders building bullish bets on the market, say technical analysts. Traders should, however, adopt a stock specific approach and look to add quality stocks such as , , L&T, , ACC and for a 5-7% upside in the short term, they said. SUDEEP … Read more

Nifty at 18,100 can head to all-time high

Nifty at 18,100 can head to all-time high

The Nifty is headed towards 18,100, and if it sustains above that level, the benchmark is expected to hit an all-time high of 18,604, said technical analysts. The Nifty Bank index, too, is likely to break above its all-time high level of 41,840 in the coming days. Analysts say stocks such as , , , … Read more

After 20% rise in a month, this Kacholia stock can rally up to 55%! Here’s why

After 20% rise in a month, this Kacholia stock can rally up to 55%! Here’s why

New Delhi: , the glass products maker, has been on a roll lately. The stock has rallied as much as 20 per cent in the last one month. The stock is up a dozen percentage points since announcements of Q1 results on August 13, 2022. Most brokerage firms remain bullish on the counter and see … Read more

Mind Over Money: This money manager practices Vipassana & Pranayam to reduce anxiety

Mind Over Money: This money manager practices Vipassana & Pranayam to reduce anxiety

“Vipassana mediation and Pranayam help me to reduce anxiety, remain calm and feel in control of myself,” says Piyush Nagda, Director – Private Wealth & Product Strategy at . In an interview with ETMarkets, Nagda, who has over 20 years of professional experience in the financial service industry, said: “I strongly believe that meditation in … Read more