CDSL, which facilitates holding and transacting in securities in the electronic form and facilitates settlement of trades on stock exchanges. The demat accounts are serviced by CDSL’s more than 580 depository participants (DPs) from over 20,700 locations.“Our goal is to empower every investor to be self-sufficient – an Atmanirbhar Niveshak through our digital services,” he […]
Market participants remain wary of high rates of inflation and are expecting further rate hikes by the US Federal Reserve, which will push up the cost of borrowing and dampen corporate investments.Despite the upbeat performance, analysts tracking the global markets remain cautious over stocks over the management commentary and brokerage review over the select stocks.
The sugar sector is undergoing a massive revolution and has emerged as a powerful driver of clean energy, accelerating India’s transition towards renewable energy. The industry, which was mainly perceived to be within the food ecosystem, is now also considered one of the core drivers of the clean energy initiative.
The Relative Strength Index (RSI) is at 70.1. RSI above 70 is considered overbought. This implies that stock may show pullback, Trendlyne data showed. MACD is above its center and signal Line, this is a bullish indicator.Other parameters such as Price Volume Trend which helps in the identification of the primary
Revenues from operations surged 327.50 per cent year-on-year (YoY) to Rs 12,855.30 crore compared with Rs 3,006.90 crore in the year-ago quarter. Total income of Rs 13,018.80 crore for the quarter was the highest ever, the company said.
In terms of ownership by the number of shares or share by volume, LIC share went up marginally to 0.79 per cent as on June 30 from 0.78 per cent in the March quarter. This is based on the average of LIC holding as a percentage of total share capital across listed NSE companies, data […]
According to the Q4FY22 fact sheet of Tata Communications, the company is a global enabler of digital environment. It is a prominent tier-1 IP provider on the internet, consistently ranked among the top-five telecommunications businesses in five continents by internet route. It handles almost 30% of the global internet route, totalling over 7,300 petabytes each […]
JPMorgan maintained its overweight rating on Hindalco with a target price of Rs 565 which translates into an upside of over 36 per cent from Rs 414 recorded on August 3, 2022.
On the upside, Nifty50 could face some resistance near 17,500-17,525 levels while on the downside support is placed at 17,200-17,000 levels, suggested experts.
Markets digested US House of Representatives Speaker Nancy Pelosi’s visit to Taiwan on August 2, 2022, which caused many investors to stay away from risky assets amid potential US-China tensions.