By Sonam Srivastava The future of investing in India will be highly linked to the growth of new-economy industries. In 2022, I would like to see more new-age companies come into the public markets, but as an investor, I don’t want to chase the new-age theme blindly. Therefore, the most critical part of my job […]
Eicher Motors reported standalone Ebitda of `860 crore, 3% below our expectations due to weaker gross margin print. Gross profit and Ebitda per vehicle remained flattish on a q-o-q basis despite commodity tailwinds mainly on account of a weaker product mix (higher mix of Hunter). While newly launched Hunter 350 continues to do well, we […]
Wall Street’s main indexes gained on Friday as Apple’s upbeat results underscored resilience in corporate earnings, while a stronger-than-expected jobs report eased fears of an imminent economic downturn.Apple Inc gained 4.4% on better-than-expected results, helped by strong iPhone sales and notable inroads in India and other newer markets, fuelling a near 2% advance in technology […]
There has been a sharp spike in edible oil imports during the first five months of the current oil year (November-December) due to softening global prices of palm, soybean and sunflower oils. According to the Solvent Extractors’ Association of India (SEA), edible oilhttps://www.financialexpress.com/about/edible-oil/ imports rose by 23.7% to 6.98 million tonne (MT) during the November-March […]
By Nagaraj Shetti After showing weakness from all-time highs on Tuesday, Nifty witnessed follow-through declines on Wednesday and closed the day lower by 152 points. A long bear candle was formed on the daily chart, which indicate sharp reversal in the market. The recent swing high of 18604 could now be considered as a short […]
By Rajesh Palviya In Nifty current series there has been a Long Unwinding witnessed with decrease in price of -4.73% and decrease in OI by -3% as of Wednesday wherein there was unwinding of 3.01 lakh shares in OI, decreasing from 112.81 lakh to 109.79 lakh shares. NSE Nifty 50 current month rollover stands at […]
Asian stocks edged lower on Thursday, while the dollar was on the back foot as investors remained cautious ahead of an expected 25 basis point hike in interest rates by the U.S. Federal Reserve next month. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.16% lower, while Japan’s Nikkei was up 0.07%. Australia’s S&P/ASX […]
CBSE Practical Exam 2024: The Central Board of Secondary Education is preparing for the practical exams for classes 10 and 12 for the 2023-24 session. The exam dates are confirmed and commence from the first week of January 2024. CBSE has issued a comprehensive set of guidelines ahead of the practical exams and it is […]
By Amar Ranu We are currently living in a market condition where both equity and debt markets have been volatile and have been creating havoc on investors’ portfolios. Inflation has become a big headache for central banks across the globe than managing growth which led to quick and successive interest rate hikes. This tumbled both […]
Domestic venture capital (VC) and private equity firms in India have been successful in attracting multi-million-dollar investments in the past two calendar years (CY2022 and CY2021), despite the funding slowdown and global bear markets. This success has come as a surprise to many, as the global economic climate has been cautious and investment activity has […]