Buy Infosys, HDFC Bank, NTPC stocks, charts show strength; fresh pullback rally in Nifty possible above 16300

By Shrikant Chouhan The benchmark indices registered a volatile trading session, after a roller coaster momentum the Nifty 50 ended 62 points lower while BSE Sensex fell 105 points. Among sectors, the metal index lost the most, shedding over 5 per cent. Whereas some buying was seen in selective banking and FMCG stocks. Technically, after […]

V: Guard: Acquisition to unlock synergies

Consumer electrical and electronics major V-Guard Industries (V-Guard) is all set to acquire 100% stake in Sunflame for `660 crore on a cashfree, debt-free basis. Sunflame’s portfolio includes cooktops, chimneys, cookers, mixer grinder and small kitchen appliances. Of this, `25 crore will be paid after two years from transaction closure. The deal is likely to […]

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