Piyush Goyal to chair reconstituted Board of Trade meet on Tuesday, $2 trillion export aim on agenda
The meeting comes ahead of the government likely to announce the new Foreign Trade Policy later this month and the country’s merchandise exports shrinking 1.15% in August- the first drop since November 2020. The board includes participants from states, union territories, and senior officials from public and private sectors and provides a platform to discuss […]
Tech View: Nifty50 forms small bullish candle; upside capped
Analysts said the recent price action suggests the index is preparing for a downward trend. 17,700 and 17,500 will be key supports for the index incoming days, whereas any upside will be dependent upon a decisive break of the 18,000 level, analysts said.
TMB’s grey market premium fizzles out; will a dent in Harsha Engineering follow?
Market experts believe that Tamilnad Mercantile Bank is likely to be listed around its issue price due to muted response and mixed analyst views for the lender.The private lender, which raised Rs 831.60 crore from the primary markets between September 5 and 7, is likely to debut on the bourses on Thursday, September 15.
These 7 IT stocks still trading more than 50% away from their 52-week high
Last week, Nifty IT index witnessed a gain of about 3.5%. However, in the calendar year 2022 so far, the index is down about 27% and its constituents have fallen over 14 per cent. If the index stocks start moving in an upward direction then it will be a very interesting sector to watch out […]
Chart Check: Can fortune reverse for this commodity chemical stock after a 28% fall from highs?
The breakout was confirmed as higher volume participation is present. Bollinger band plotted on the Daily timeframe has started to expand which tells that the volatility for the prices to go higher is rising.
WazirX says ED unfreezes bank accounts; investigation continues
However, the top management or founders of the company refused to comment when approached by ETmarkets.com. They refused to respond to ETMarket’s query as the matter remains under investigation.
TCS, TechM among 6 stocks that can deliver strong returns in near term
Bulls continued to dominate Dalal street, resulting in outperformance vs peers. Analysts believe that beaten-down stocks are likely to take the front seat and are poised to reward investors. Based on analysts’ recommendations, here are six stocks which may lead the rally in the coming weeks, taking advantage of sectoral rotation:
These 6 outperforming smallcaps are trading at discount to their 5-year averages
We analysed BSE smallcap stocks whose current trailing twelve months (TTM) P/Es are trading below their 5-year average price-to-earnings (P/E). We excluded companies which have posted a net loss in any of the last five fiscal years. There were about over 100 stocks that have passed this filter. We further filtered companies that are in […]
Hot Stocks: Global brokerages on Maruti Suzuki, IGL, Mahanagar Gas, and Gujarat Gas
The global investment bank expects policy-related developments to be positive for the Indian gas sector. Local developments have the potential to reverse 3-5 years of underperformance, said the note. It maintains IGL as the preferred overall gas pick with a target of Rs 490. It is positive on MGL with a target of Rs 1040, […]
Trading Guide: 2 stocks from technical experts with up to 9% short-term upside potential
“If the current upside continues, then we are also likely to see some improved performance from the midcaps and the broader markets. It is strongly suggested that shorts may be avoided even if some consolidation happens, that downside must be utilized to make fresh purchases so long as Nifty keeps its head above 17600 levels. […]