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RBI announced the October 2022 monetary policy on 30th September, hiking the repo rates by another 50 basis points, along expected lines. Just look at the string of repo rates hikes done by the RBI. It hiked repo rates by 40 bps in May, 50 bps in Jun

Torrent Pharmaceuticals will acquire 100 stake in Curatio Healthcare for a consideration of Rs2,000 crore. Curatio has cash and cash equivalents on its balance sheet of Rs115 crore , so the effective enterprise valuation of Curatio comes to the net

The Nifty opened flat and traded mostly sideways during the day. Barring the first hour volatility, the whole day it traded in just 70 points range. It formed a lower low candle and sustained below the 20DMA for the second day. The index almost teste

One of the top investment houses in the world, Goldman Sachs, has turned cautious on the Indian IT sector. The margin problems at IT were there for some time, but that is not the reason Goldman is worried about this sector. The concern is over the to

Just two months after the European Central Bank (ECB) had hiked rates by 50 bps, it effected another 75 basis points rate hike in its latest meeting on September 08th 2022. In July, the ECB had taken the benchmark rates from -0.50 to 0.00 and now t

When there is good news and bad news about an industry, it is always best to start with the good news. That is what we will do. The good news is that the estimated losses of aviation companies in FY23 would be about 26 lower compared to FY22. The ba

Bandhan Bank, KSB, and ABB India have witnessed volume burst in the last 75 minutes of the trade. As the saying goes, the first, as well as the last hour of each trading session, is the most important and active in terms

IT, realty and consumer durables stocks gain in the morning trade! On Thursday morning, the benchmark equity indices opened in the green as the Asia Pacific markets rose by a per cent due to better-than-expected US Inflation data. The Con

Nifty has formed an open=high candle, and the candle structure resembles to a hanging man. The benchmark index traded mostly in the first hour's range. It formed a higher high, higher low candle but was not given any clues of a reversal. There is

IIFL Finance Ltd has launched IIFL Bonds, a Non-Convertible Debenture (NCD) issue of up to ₹1,000 crore, offering an effective yield of up to 10.03. This latest issue of unsecured NCDs has a base size of ₹100 crore with a option to retain oversu

On 2nd August 2022, Adani Green Energy announced its quarterly results for the first quarter of FY2023. Q1FY23 Key Highlights: - Revenue from power supply increased by 56.6 YoY to Rs 1,328 crore. - EBITDA from power supply increased

Things change quite rapidly in terms of stock market perceptions. Just a couple of months back, Paytm was a stock that everyone wanted to avoid. Suddenly, it has become the apple of all eyes. One thing that has worked in their favour is that the hold