MSCI Rejig: IndusInd Bank, Paytm & 7 other stocks to trade in India Standard index from Thursday

MSCI Rejig: IndusInd Bank, Paytm & 7 other stocks to trade in India Standard index from Thursday

Nine new stocks will be part of the MSCI India Index as the rejig comes into effect from Thursday. These stocks are IndusInd Bank, Suzlon Energy, Persistent Systems, APL Apollo, Polycab, Macrotech Developers, Tata Motors A, One 97 Communications (Paytm), Tata Communications. Moreover, seven stocks viz. Zomato, Hindustan Aeronautics (HAL), Jio Financial Services, Vedanta, PFC, … Read more

Rs 10,710 crore-worth block deals take place this week; Vedanta tops the list

Rs 10,710 crore-worth block deals take place this week; Vedanta tops the list

The week gone by saw Nifty50 settling 0.66% lower over the previous week. Yet it was not without action as prominent bulk, block and insider deals worth Rs 10,710 crore were executed during the week. Sizeable block deals that were executed on screen were worth over Rs 10,434 crore with Vedanta walking away with the … Read more

Momentum Pick: PVR’s current underperformance not full movie; wait for up to 40% potential upside

Momentum Pick: PVR’s current underperformance not full movie; wait for up to 40% potential upside

Under pressure for a while now, PVR shares are trading near an important support zone. A solid base formation on technical charts puts it in a strong stead for a potential upside. While, the near term upside could be up to 14%, the stock has the potential to earn nearly Rs 600 per share for … Read more