By Christopher Rugaber Jackson Hole (US) A half-hour drive or so from the resort where the high priests of international finance – leading economists and central bank officials – have convened in Jackson Hole, Wyoming, to discuss the world’s economic challenges, Ash Hermanowski oversees
“Today’s price behaviour is looking like one akin to the resumption of a downtrend from the intraday highs of 17,726 level. Hence, in the next trading session, if the Nifty50 slips below 17,499, weakness may extend towards 17,345 that would also result in the breach of the 20-day SMA (around 17,480),” said Mazhar Mohammad of […]
Over the last 23 years beginning FY 2000, DIIs have invested $90.6 billion in the Indian equity market. The report pointed out that a large part of the DII flows ($86.7 billion) was recorded over the last eight years (FY16-23YTD).
NDTV on Thursday cited a November 2020 ruling from the Securities and Exchange Board of India (SEBI) barring the Roys from accessing the securities market until Nov. 26, 2022.
The agrochemical stock with a market capitalization of nearly Rs 58,000 crore hit a low of Rs 240 on 23 March 2020 on the weekly charts. Since then, the stock has been in an uptrend. After a steady rise, the stock was seen consolidating in a narrow range where Rs 600 acted as strong support […]
The renewable piece has had strong performance on top-line growth through limited contribution to the bottom-line, it said adding that a more permanent fix for the disputed compensation for Mundra could be a key catalyst for the stock in the near-term — though Street has been disappointed on the same in the past.
Strong execution capability is reflected in its quarterly results, the brokerage said, adding that the recent fundraising from GIC was followed by improved profitability. A balance sheet, healthy cash flows, and a strong overall performance remains key, MOSL said.
The highest new OI addition was seen at 18,000 for Calls and 17,000 for Puts in weekly and at 18,000 for Calls and 17,000 for Puts in monthly contracts. Bulls regained control of D-Street after a mild selloff seen earlier this week. A retest of 17,800-17,900 levels is on the cards, suggest experts.
Stocks that were in focus included names like Jyothy Labs which was up nearly 6 per cent, RBL Bank which gained over 17 per cent, and Solar Industries which hit a fresh 52-week high with strong volumes.
The MSCI India index—a benchmark for global fund managers to assess the country’s investment performance—now has a valuation premium of 96% and 39% over the MSCI Emerging Markets and the MSCI World indices, respectively. Over the long term, India has traded at 45% and 8% premium to the EM and DM markets.