PVR, Inox Leisure shares rally on strong box office collections for Brahmastra
Apart from this, multiplex operator PVR has convened a meeting of its shareholders as well as creditors on October 11 to seek their approval for the scheme of merger with Inox Leisure, pursuant to the order of the National Company Law Tribunal’s Mumbai Bench.
Stocks to buy or sell today: 10 short-term trading ideas by experts for 12 Sept
The highest new open interest (OI) addition was seen at 18,000 for Calls and 17,000 for Puts in weekly and at 18,000 for Calls and 16,000 for Puts in monthly contracts. Hence, 18,000 will act as a crucial resistance level.
Big Movers on D-St: What should investors do with Nazara Technologies, Max Healthcare and Adani Ports?
The counter is showing strong bullish momentum and is ready to come out of more than 1-year of consolidation with a fresh lifetime high that may lead to a fresh expansion phase where Rs 1000 looks like an imminent target.
Momentum could take Nifty to 18,000: Analysts
Strength in the market is currently visible in sectors like banking, finance, and consumption. Mid- and smallcaps have already staged a breakout relative to Nifty 50, and the strength will likely continue there.
Sebi seeks details on startup valuation from PE, VC funds
A propped-up valuation gives a rosy picture of the portfolio to a fund’s investors and paves the way for the fund manager to attract more money from new as well as old investors when it goes for the next round of fund-raising.
Passive funds attracting more investments than active funds
The ratio of active fund inflows to passive funds dropped to its lowest level in 18 months at 0.4 to one in August, compared with last one-year average of 1.13:1, data from Association of Mutual Funds in India (AMFI) show.
Fed needs great skill, and luck, to achieve a soft landing: Yellen
Those remarks align her with Fed Chair Jerome Powell, who said last week that he and his policy making colleagues at the central bank are “strongly committed” to taming inflation, which remains near a 40-year high. His words caused investors to increase expectations for a third straight hike of three-quarters of a percentage point at […]
Bank stocks surge on cleaner books and loan pick-up, can rise further
Analysts said the bullish momentum means the Bank Nifty index could outperform Nifty in the near-term. The Nifty Bank index has rallied 5.7% and 15.19% in the last one month and three months, respectively. The Nifty 50 index has gained 1.76% and 8.22% during this period.