Indian rice rates jump on sound demand amid concern over possible export curbs
India’s 5% broken parboiled variety was quoted at $379 to $387 per tonne, their highest since June 2021, from $366-$372 last week. Prices have risen for a third straight week. Indian parboiled rice prices rose because of a tender from Bangladesh, which could be forced to make big buying this year due to crop damage, […]
Tech view: A Nifty50 fall below 17,350 can give bears the upper hand
Gaurav Ratnaparkhi, Head of Technical Research at Sharekhan, said the index oscillated around the key hourly moving averages and the 20-DMA. “Ultimately, it formed an Inside Bar pattern on the daily chart. The overall structure shows that the index is in short-term consolidation since the last couple of weeks and that is likely to continue […]
Sterlite Power announces bonus share issue; IPO expected by year-end
The Vedanta Group arm’s bottom line was dented as expenses more than doubled in the said period.However, it clocked a 150 per cent rise in the revenue from operations to Rs 5,197.48 crore in FY22 from Rs 2,092.39 crore in the previous fiscal year.
Chart Check: After delivering 60% returns in a year, this PSU stock could hit fresh 52-week high in 6 months
The PSU bank rose from Rs 121.50 recorded on 30 August 2021 to Rs 194 as on 30 August 2022 which translates into an upside of over 60 per cent in a year.
3 reasons why FIIs are busy buying Indian stocks despite Powell’s tough talk at Jackson Hole
Jitendra Gohil, Head of India Equity Research, Credit Suisse Wealth Management, India, cites three factors making FIIs soundproof to all noise surrounding the US Fed.
Stocks to buy or sell today: 8 short-term trading ideas by experts for 1 September
Sectorally, selling was seen in oil & gas, IT, energy, and metal stocks while buying was visible in telecom, realty, and capital goods space.
Crypto Price Today: Bitcoin holds $20,000; other altcoins fall up to 4%
Barring Polygone and the US dollar-pegged stablecoins, all other tokens were trading lower on Thursday. BNB tanked 4 per cent, whereas Ethereum, Solana, Dogecoin and Shiba Inu declined 3 per cent each.
Big Movers on D-St: What should investors do with Tata Tele, Adani Gas and BLS International?
Stocks that were in focus include names like Tata Tele which was up by about 20 per cent, Adani Total Gas which closed with gains of over 6 per cent, and BLS International which rose nearly 14 per cent on Tuesday.
Yen hits 24-year low, 140 level beckons as hike bets buoy dollar
The greenback hit a 24-year high of 139.59 against the yen in early Asia trade, a gain of about 0.5% on the previous day’s close. Expectations for a 75-basis-point U.S. rate hike at next month’s Federal Reserve meeting are rising on the back of solid economic data, with Fed funds futures last pointing to a […]
ZEE-Sony merger: Drop in market share to help get CCI approval
The competition watchdog, in its letter dated August 3, is reported to have raised the point that the combined entity will enjoy “unparalleled” bargaining power and can increase the prices of channels as well as earn higher profits.