Backing markets regulator Sebi chief Madhabi Buch in the Hindenburg controversy, the mutual fund industry, as represented by AMFI, has issued a statement saying these are attempts to create sensation by connecting random events done in the past. “Left unchecked, it can create unnecessary hurdles in the path of the world’s fastest-growing economy. These statements,…
The first quarter earnings season is underway and as many as 225 companies will announce their numbers on Thursday. Key results to watch out include that of LIC, Eicher Motors, RVNL, SAIL, MRF and GRSE. Apart from the above, companies like ABB India, Agri-Tech, Astral, AstraZeneca India, Biocon, Birla Corp, Container Corp, Emkay Global, HCL…
Shares of companies like Glenmark Life Sciences, Hindustan Unilever and Lux Industries defied the bearish market sentiment as the Indian headline indices Nifty and Sensex tanked over 3% on Monday falling by over 800 and nearly 2,600 points respectively after following the global cues. Glenmark Life Sciences shares surged as high as 6.3% today, followed…
Technical Breakout Stocks: How to trade Raymond, Zensar Technologies and Granules India? Source link
Nifty ended with 0.4% gains in a week-long holiday shortened by Bakri Eid. When markets resume trading on Monday, a host of important domestic and global events lined up during the holiday-truncated week are likely to impact them. “The Indian stock markets exhibited positive trends as the Sensex and Nifty indices both posted minor gains,…
Domestic markets scaled record highs again and are gradually expanding the gains achieved following the election outcome. “The is also taking cues from positive global market trends, with the US moving steadily towards the presidential election in November. Volatility has decreased over the month, which is contributing to a short-term trend,” said Siddhartha Khemka, Head…
Shares of PNB Housing Finance dropped over 8% to the day’s low at Rs 724 in Wednesday’s trade on BSE following a large block deal in which 2.7% equity changed hands. The specific buyers and sellers involved in the transaction remain undisclosed. However, media reports suggest that Asia Opportunities V Mauritius and General Atlantic Singapore…
Indian equity indices opened lower on Tuesday as hawkish comments from key U.S. Federal Reserve officials weighed on investor sentiment, while sustained foreign selling ahead of the final two phases of national elections was expected to keep volatility high. The BSE Sensex was trading 206 points or 0.28% lower at 73,812. Nifty50 was trading at…