20th Sep 2022
In what could be music to the ears of economists, India could keep its market borrowing plan intact for the financial year and may even reduce the target, a Bloomberg report has said. According to the report, the finance ministry is discussi
The US Federal Reserve is set to begin its two day bi-monthly deliberations on a rate hike, and the Indian stock market is watching nervously. While the Nifty and the Sensex have managed to hold on to their elevated levels thus far, the two benchmark
If you had invested Rs 1 lakh in this multibagger Tata Group company it would have doubled in just three months. Part of Tata Group, Tata Investment Corporation Ltd is an NBFC that invests in a diversified portfolio of quoted and unquoted se
On Tuesday, the domestic markets traded positively led by bank, auto, IT, oil & gas stocks. During the noon session, the Sensex was up 775.61 points or 1.31% at the 59,916.84 level whereas the
On Tuesday, the major equity barometers saw significant advances. Strong Asian cues and consistent foreign investment flow boosted market sentiment. The Nifty reached a closing high of 17,800. Healthcare, pharmaceuticals, and consumer
Benchmark indices in India rise in line with the upward trend in global indices. Due to declines in healthcare and energy stocks, Wall Street indices fluctuated between modest gains and losses but managed to finish slightly higher. The Nasda
Advanced Enzyme Technologies Ltd, one of the major manufacturers of enzymes in the country, zoomed almost 15% on Tuesday after an existing shareholder increased its stake in the company. Shares of Advanced Enzyme jumped as much as 15.5% to touch a
On Monday, the Bank Nifty almost traded in the previous day's range. It took support around the prior trading sessions low and managed to close at 40904 with a gain of 0.31%. On the daily chart it has formed a bullish candle carrying shadows
HOLDING PERIOD ACTION STOCK CMP SL TARGET 1 TARGET 2 BTST BUY VBL 1118
The lockdowns in the various phases of the Covid-19 pandemic badly hurt the Indian economy, though some sectors such as hospitality and aviation were hit harder than others. Now, the economy is recovering. Again, some sectors are recovering quickly w
19th Sep 2022
For the majority of consumer staples companies, the last 12 to 18 months have seen a decline in gross margin due to unprecedented inflation and volatility in input costs across commodity baskets. However, recent price declines in a few commodities an
The Government of India (GOI) began charging an export duty on finished steel from May 21, 2022. The duty on long and flat steel (non-alloyed, alloyed, and stainless) exported has gone up from zero to fifteen percent. Most of the announcement was con
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