Zerodha crosses 1 crore customer base mark, Aadhaar biggest tipping point: Nithin Kamath
“The plan to rely on word-of-mouth & have a single offering for all customers had benefits that we never thought of at the start. Economies of scale kicked in not just in tech but across support & ops—the team size has remained the same as we went from 20lk to 1cr clients,” Kamath said on […]
RIL AGM: No fireworks likely, but Ambani may spell out details on succession plan
Some amount of update on roadmaps, succession planning and unlocking of the value in the subsidiaries… from a minority shareholder point of view, all I can say is that the breaking up of Reliance Industries (RIL) would be very positive for minority shareholders where we can get shares of Reliance Jio as well as Retail,” […]
Powell: Fed could keep lifting rates sharply ‘for some time’
As that pain gets greater, Powell said, people should not expect the Fed to dial back quickly until the inflation problem is fixed. Some investors anticipate the Fed will flinch if unemployment rises too fast, with some even penciling in interest rate cuts next year, an outlook U.S. central bank officials have leaned hard against […]
Tech View: Nifty50 forms small bearish candle; resistance seen at 17,720-225 levels
Friday’s small bearish candle was placed within a long bear candle of the previous session. Technically, this action indicates range movement in the market with high volatility, said Nagaraj Shetti, Technical Research Analyst at HDFC Securities.
Biggest EM Asia stock inflow since 2020 faces Jackson Hole test
Overseas investors poured a net $7.5 billion into nine regional markets so far in August, the biggest monthly inflow since end-2020, according to exchange data compiled by Bloomberg. India accounted for the lion’s share as foreigners pumped in $5.7 billion, while South Korea received $2.3 billion.
RBL Bank stock delivers 30% return in 3 days. Should you buy, sell or hold?
Analysts say positional traders should book profits after the breathtaking rally. Technical data shows the MACD was above its center and Signal Line, which is a bullish indicator. However, the RSI was at 80.4, indicating that it could be in an overbought zone and the stock may show some pullback.
Bulls in control of this smallcap after 30% returns in a month! Time to buy or book profits?
The stock price started its up move from Rs 65 (March 2009). The stock made a high of Rs 1,486 in July 2021 accompanied by higher bottoms and top formations and traded above averages in its uptrend,[Bharat Gala, President – Technical Research, Ventura Securities, said.
Adani launches Rs 31,000 cr open offer for ACC, Ambuja Cements
Ambuja Cements and ACC currently have a combined installed production capacity of 70 million tonne per annum. The two companies together have 23 cement plants, 14 grinding stations, 80 ready-mix concrete plants and over 50,000 channel partners across India.
Buy, Sell or Hold: 7 short-term trading ideas from experts
Though the approach to 17,730 exposed vulnerability on anticipated lines, upside prospects, remain alive as long as above 17,550 on a closing basis, Anand James – Chief Market Strategist at Geojit Financial Services, said.
What should investors do with BHEL, Karur Vysya Bank, and Bank of Baroda?
Stocks that were in focus include BHEL which rose nearly 8 per cent in a volatile market, Bank of Baroda which hit a fresh 52-week high, and Karur Vysya Bank which rose nearly 5 per cent.