Inflation’s harsh realities on display as Fed officials meet
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
Tech View: Nifty50 shows signs of weakness; support seen at 17,480
“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 […]
Who’s the biggest bull? DIIs have left FIIs behind in last 7 years
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 says Adani needs Sebi nod to buy stake in RRPR
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.
Up 200% from Covid 2020 lows, this stock is on track to hit fresh 52-week highs in 12 months
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 […]
Tata Power’s aim to boost profit by 4x in 5 years fails to lift its target price
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.
Hot Stocks: Brokerages on Tata Power, Aditya Birla Fashion
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.
Buy, Sell or Hold: top 8 short-term trading ideas by experts
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.
Big Movers on D-St: What should investors do with Jyothy Labs, RBL Bank and Solar Industries?
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.
Indian markets pricey vs peers: What does it mean for you?
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.