“The price behaviour on the Nifty now is a very slow bleed; it is not a sharp capitulation. That gives us a lot of hope that this very mild liquidity driven event will have more upsides than downsides as possibilities, says Harendra Kumar, MD – Institutional Equities, Elara Securities India A very cautious mindset seems … Read more
Mumbai: In the week that wiped off Rs 4 lakh crore of market capitalisation on Dalal Street, investors still managed to make some money in the midcap and smallcap stocks. In the midcap segment, 51 stocks gave positive weekly returns, and in the smallcap segment, the number stood at about 375. The major gainers in … Read more
, part of the financial institution space, rallied more than 30% to hit a fresh 52-week high in January 2023 but the rally may not be over yet, suggest experts A broadening pattern breakout on the daily chart suggests that the momentum is intact. Short term traders who missed the rally can look at buying … Read more
Synopsis From a hospital stock, which has been quietly adding number of beds, to a gold loan-focussed lender, five stocks have seen an improvement in analysts’ score on SR plus and their stock prices have also moved higher. This improvement in score along with rise in prices took place amid wild market swings. Does better … Read more
The sale of corporate bonds in the first two months of this fiscal year is less than half of the number in the corresponding period last year, as companies are holding back their borrowing plans amid volatile interest rate movements. Borrowers are waiting for a possible toning down of commentary by the central bank governor … Read more
New Delhi: State-owned has got shareholders’ approval to raise up to Rs 85,000 crore through issuance of non-convertible bonds or debentures. “All resolutions as set out in the Notice of 52nd AGM of the company have been duly approved & passed by the shareholders with requisite majority,” a BSE filing said on Monday. The funds … Read more
However, the central bank accepted Rs 26,853 crore in other three sets of long -term papers in excess of the planned auction size. Synopsis An unexplained skew in the yield curve has meant that lower-tenure sovereign bonds are generating nearly as much as the 10-year benchmark. In such a rate environment, project-financing corporate bonds — … Read more