Short Term vs Long Term Investments: Gauging the saving spectrum
What is suitable for one investor might not be in sync with another’s financial objectives, so one must consider their overall goals along with the risks one is willing to take.Short-term investments have a validity period typically up to three years – high liquidity instruments, generally involving lesser market risks.
RIL to host 45th AGM on Aug 29, here are key things which will be in focus
The company has announced August 19, Friday as the record data for the dividend of the financial year 2021-22, which might be declared at the AGM, whereas August 22, Monday is the cut-off date to determine eligible members for voting.Reliance Industries has clearly stated its focus on ‘clean and green’ energy. Even its chairman Mukesh […]
We have turned quite bullish on auto from a long-term perspective: Pratik Gupta
“On a relative basis, we prefer the commercial vehicles and the SUV kind of companies and maybe some of the tractor companies. But in general, the auto sector was one sector which we had for the last two years or so. We have been cautious but this year we have turned quite bullish and we […]
Chart Check: The private sector banking stock gave a breakout above rectangle pattern; time to buy?
The supertred indicator triggered a buy on 6th July 2022 on the daily charts. The stock moved in a tight band of 150 points where 1420 acted as a stiff resistance while on the downside 1280-1300 acted as a support.The stock broke out from the said pattern earlier in August and is sustaining above the […]
Crypto Price Today: Bitcoin briefly tops $24,000; Ethereum and Polkadot add up to 5%
Crypto market has been rallying over the past four days amid hopeful signs that inflation will soon be under control without triggering a steep recession. Inflation holds center stage on this week’s investor.Only BNB, Avalanche and Shiba Inu were marginally down, whereas all other tokens were trading in green. Polkadot jumped about 5 per cent, […]
Corporate Radar: ABB India, MRF Q1 results; United Spirits, Hero MotoCorp AGMs, and more
United Spirits, Hero MotoCorp, EID Parry (India), Paushak and Unichem Laboratories will have their annual general meetings (AGM) today.The board of eClerx Services will meet today to consider a bonus issue while the board of JBM Auto and Capacit’e Infraprojects will meet today to consider a preferential issue.
Stock Radar: This scrip hit multi-year high in August! Should you buy it on dips?
The level of Rs 180-181 proved to be critical resistance in the past, but now a close above the same on weekly charts suggests momentum.
Is the stock market open today?
There will be no action in Equity Segment, Equity Derivative Segment and SLB Segment on Tuesday, according to the list of stock market holidays 2022, available on the official BSE website – bseindia.com.However, commodity markets will observe holidays only during the morning session, that is, 9 am to 5 pm on Tuesday but the trading […]
MTM Provisions: Banks may seek RBI relief again
The country’s largest lender State Bank of India on Saturday (SBI) reported a 6.7% drop in standalone profit after tax to ₹6,068 crore for the June quarter after it booked ₹6,549 crore MTM losses on its investment book. Its operating profit dropped to ₹12,753 crore in the April-June period from ₹18,975 crore in the year […]
Analysts raise their price targets on SBI
While some analysts cut their earnings expectations from SBI for FY23 following the disappointing quarter, others retained their bullish ratings citing cheaper valuations. Morgan Stanley said SBI’s valuations at one time FY24 book are attractive. CLSA increased its price target on the stock to factor in the higher price targets of its subsidiaries.