MUMBAI: Shares of Cipla plunged 7% on Monday and hit their lowest level in about 7 months as observations issued by the US Food and Drug Administration (US FDA) to the company’s Pithampur manufacturing facility in Madhya Pradesh raised concerns over earnings. The stock hit a 7-month low of Rs 955.25 on the National Stock … Read more
Margin of safety — these three words form the crux of investing. Once you understand what the margin of safety means and how to use it while investing, you can make better investment decisions in your life. This article will take you through the basics, importance and how you can benefit from margin of safety. … Read more
Seasoned investor Anil Kumar Goel and his wife Seema Goel have stayed put on in the June quarter, even as the scrip has remained under pressure for long. Anil Kumar Goel held 6,500,000 shares or a 2.76 per cent stake in the company as of June 30, the same as the March quarter. Seema Goel, … Read more
New Delhi: Nifty50 on Wednesday breached the 16,000 mark intraday, for the second straight session, before closing just below the psychological level. The index formed a bullish candle on the daily chart that almost engulfed the negative candle of the previous session. Technically, it indicates a negation of bearish formation and signals positive bias for … Read more
Nifty50 on Wednesday came under selling pressure after testing its 20-day and 50-day moving averages. The index ended up forming an indecisive Spinning Top candle on the daily chart. The 17,500 level is a key hurdle to watch out for, said analysts. Wednesday’s was the second time when the index stumbled near these moving averages … Read more
In a largely disappointing session which can almost be called a “meltdown”, the Indian equity markets got swamped with a big corrective move. This move was fuelled by growing geopolitical tensions between Ukraine and Russia. Nifty saw a gap-down start. After opening lower, it only got worse as the markets grew weaker. The index went … Read more
By Abhishek Vishnoi Veteran investor Mark Mobius said the recent spike in US Treasury yields has room to run as market participants are underpricing inflation risks. The yields “can go much much higher,” Mobius said in an interview on Bloomberg Television, as investors won’t be buying treasuries if their yields are far below the rate … Read more
MUMBAI: Investors are recommended to keep the bias towards equities in their portfolio high in new Samvat 2078 as analysts are betting on the domestic equity market to give double-digit returns for the second successive year, a poll of 14 brokerages conducted by ETMarkets.com showed. Majority of the brokerages polled recommended that investors allocate 70-80 … Read more
NEW DELHI: Shares of Vodafone Idea surged 9 per cent in Monday’s trade after the telecom operator paid an additional Rs 1,000 crore to the government towards the statutory dues ahead of the Supreme Court hearing on the adjusted gross revenue (AGR) matter later in the day. With the fresh payment, Vodafone Idea made a … Read more