The Indian market snapped a 3-day winning streak to close in the red on Wednesday, tracking muted global cues. The S&P BSE Sensex fell more than 100 points while the Nifty50 managed to hold on to 22,200 levels towards the close of the trade. Sectorally, buying was seen in the public sector, power, and capital … Read more
The fourth quarter results season is coming to a fag-end, and analysts said despite earnings largely meeting expectations, there is a noticeable moderation in the overall earnings landscape. Some notable companies that will announce their earnings this week include Varun Beverages, Zomato, Airtel, Siemens, Power Finance Corp, Mahindra and Mahindra, HAL, and JSW Steel, among … Read more
China pledged on Monday to treat foreign companies the same way as domestic peers in a bid to attract more foreign investment, cooperation and expertise, as Asia’s largest economy moves to upgrade and strengthen its industrial chains. “China will fully guarantee national treatment for foreign companies, so that more foreign companies can invest in China … Read more
Indian market is expected to open higher on Friday tracking positive global cues. The Nifty future closed positive with gains of 0.28% at 21983 levels on Thursday. India VIX was down by 4.65% from 16.33 to 15.57 levels. Volatility cooled off after steaming in the entire week and paved the way for the bulls in … Read more
Tata Steel. Share Price 143.90 04:02 PM | 21 Feb 2024 2.85(2.03%) State Bank of India Share Price 771.50 04:02 PM | 21 Feb 2024 11.40(1.50%) IndusInd Bank. Share Price 1517.25 04:02 PM | 21 Feb 2024 13.05(0.87%) JSW Steel. Share Price 828.25 04:02 PM | 21 Feb 2024 7.05(0.86%) Tata Consumer Products. Share Price … Read more
Benchmark Sensex rallied 727 points and Nifty closed above the 20,000 mark on Wednesday driven by buying in select heavyweights. Stocks that were in focus included names like Zomato, which rose 3.43%, Aster DM Healthcare, which jumped 18.14%, and Siemens, whose shares increased 1.03% on Wednesday. Here’s what Riyank Arora, Technical Analyst at Mehta Equities, … Read more
On the eastern side of Bengaluru, the city sometimes called the Silicon Valley of India, sits a campus housing three cube-like glass buildings. Each is 10 stories high, with facades glistening in the strong South Asian sun.These are the offices of Goldman Sachs Group Inc., home to about 8,000 workers, the bank’s largest venue outside … Read more
“In case of deletions, the index provider has decided to delete Adani Transmission and Adani Total Gas and Indus Towers as well. In case of Adani Group of stocks, in case of Adani Transmission, the net outflow is to the tune of 190 million dollars. In case of Adani Total Gas it is 170 million … Read more
The Nifty has closed below its short-term moving average and the broader price structure. According to technical analysts, these indicate a possibility of a bearish head and shoulder pattern formation. Hence, upside momentum is expected only above the 18,267 level, while the index can witness selling if 18,042 is broken. Stocks such as Siemens, ABB, … Read more
Chandraprakash Padiyar, Senior Fund Manager, Tata Mutual Fund, says he belongs to the camp which says that businesses in India continue to do well. There are some pockets of businesses which have slightly lower growth or profit margin impact but coming to largecaps, it is mainly banks and they continue to do extremely well. There … Read more