Buying demand has emerged from the 52-week EMA, which has historically acted as an incremental buying opportunity on multiple occasions (currently at Rs 2,430), which also confluences with the rising demand line joining lows since January 2021, it added.
Intellect Design is a software products company that operates in the banking, financial services and insurance (BFSI) domain. I do not have an exact number for the addressable market but it probably runs into billions of dollars globally.
At the 3-day-long Traders Carnival 2022 held in Bengaluru last week, the newbies got to learn some of the tricks of the trade from the masters of the game like Sivakumar Jayachandran, Super Trader Lakshya, Rajesh Sriwastava, Santosh Pasi, Jegathesan Durairaj, Nayan Pokharkar, Harshubh Shah and others.
Cipla is on track to launch key products, such as gAdvair, gAbraxane, gRevlimid and three peptide products over FY23-24, it said, adding that the US sales run-rate will improve from H2FY23, and barring COVID-19, sales performance in India continues to be robust. The brokerage firm expects a revenue CAGR of 13 per cent, an EBITDA […]
The Nifty50 has comfortably surpassed 17,000-17,100 in July and now market action will be guided by auto sales, PMI numbers and GST collection figures for cues as well as the outcome of the MPC meeting scheduled for August 5.
The stock has the potential to cross its psychological level of Rs 1000 in the near term. If it breaks Rs 1000 then we can expect Rs 1200 as the next susceptible level. On the downside, Rs 800 is the major support level.
The Nifty has surpassed 17,000 and should go towards 17,300 next. If 17,300 is surpassed, we should not rule out 17,800. 17,800 should be a major resistance. The recent upmove comes on the back of short-covering and appears more like a technical bounce.
For Sun Pharma, its investment in speciality business is paying off, as it is becoming a driver of growth for the company’s US business. Cipla’s ‘One India’ strategy, focusing on branded prescription, trade generics and consumer health brands, is leading to continued core portfolio momentum across businesses.
The Directorate has asked the firms and companies to submit a string of information on businesses and key persons as well as old data. For instance, in one such notice sent mid-July, the ED directs the company to submit details of the company, local and offshore bank accounts, identities of directors, and former directors including […]
While HDFC Bank hasn’t given any a breakup of the data on slippages, numbers from state-run banks that ET looked at did not show such trends. ICICI Bank reported slippages of Rs 5,037 crore in retail loans, including rural and business banking loans, in the June quarter, compared with Rs 788 crore for corporate and […]