By Rohan Patil In the past, three to four occasions whenever the Nifty enters a correction phase, the 21-day exponential moving average has acted as an anchor point for the index. On the open interest front, good participation and open interest addition were seen in the 18000 Call and 17800-17700 Put contracts. Thus, we can […]
Broking firm Motilal Oswal has suggested buying the stocks of Maruti Suzuki, Eicher Motors and Tata Motors with significantly high targets. Here are some of the reasons it is positive on these stocks. Maruti Suzuki The company’s Dec’22 wholesales were in line with MOSL’s own estimates of 139.35k units, which was a decline of 9% […]
The board of IRB Infrastructure Developers on Wednesday approved the split of existing equity shares with face value of Rs 10 per share into 10 shares with face value of Re 1 per share. Virendra Mhaiskar, chairman and managing director, said the company had decided to effect the stock split as it approached 25 years […]
Jumbo Finance Ltd on Wednesday settled with Sebi a case on violation of regulatory norms in respect of equity shares issued by the company on a preferential basis after paying Rs 44.2 lakh towards the settlement fee.This came after the company proposed to settle the proceedings initiated against it, “without admitting or denying the findings” […]
By Rahul Shah Equity benchmarks logged gains for the week, after two consecutive weeks of decline, amid rising concerns over tapering and volatility in global equities. Sensex and Nifty gained in the first three days of the week (including on the day of union budget 2022). Over the last two sessions, the benchmarks fell, amid […]
Jeff Bezos beat large retailers by adopting the internet in the early 1990s through a combination of innovative thinking, strategic planning, and execution. At the time, most retailers were operating through brick-and-mortar stores, with very little online presence. However, Bezos saw the potential of the internet as a new sales channel, and he realised that […]
Stock Market Holidays April 2023: There are four holidays in April with one falling on the weekend. The market will remain shut for Mahavir Jayanti on Tuesday, April 4, Good Friday on Friday, April 7, Dr Baba Saheb Ambedkar Jayanti on Friday, April 14 and Id-Ul-Fitr (Ramzan ID) on Saturday, April 22, 2023. The currency […]
Oil prices steadied in early Asian trade on Tuesday after falling by more than 2% in the previous session on the threat of further interest rate hikes and continued Russian crude flows. Brent crude futures gained 28 cents to $85.18 per barrel by 0155 GMT, while U.S. West Texas Intermediate (WTI) crude futures were up […]
Banks stocks led the sharp fall in the indices on Friday, as the broader market felt the aftermath of the Hindenburg report on the Adani Group. The Nifty Bank index closed 3.1% lower at 40,345.30 points, its lowest since October 20, 2022. Bank of Baroda was the biggest loser in the Nifty Bank index, falling […]
By Siddhant Mishra The Indian markets saw a jump in the first session of the second week of the calendar, thanks to encouraging cues from the US. The Sensex zoomed 846.94 points, or 1.41%, to close at 60,747.31, while the Nifty50 surged 241.75 points, or 1.35%, to close at 18,101.20. Index heavyweight Reliance Industries rose […]