Stocks to buy or sell today: 10 short-term trading ideas by experts
Crucial support for the index is placed at 17400 levels and a break below this level could take Nifty50 towards 17000, suggest experts. The highest new open interest (OI) addition was seen at 18000 for Calls and 17000 for Puts in weekly and at 18000 for Calls and 16500 for Puts in monthly contracts.
Big Movers on D-St: What should investors do with Apollo Hospitals, CG power and TVS Motor Company?
Traders can buy the stock at this level for an upside target of Rs 5,200-5,500 in the next 6-8 months. We recommend buying at this level and more on dips to Rs 4,350 with a stop loss of Rs 4,200, on a weekly closing basis.
Ford stock has biggest daily drop since 2011 after inflation warning
The Fed is widely expected to hike rates by 75 basis points in its battle against decades-high inflation. Its aggressive monetary policy campaign has battered the U.S. stock market in recent weeks, with investors worried the Fed’s measures could hobble the economy.
Asian stocks sink, yields rise as markets brace for aggressive Fed
That follows a sell-off on Wall Street overnight that knocked 1.13% off the S&P 500, although futures pointed to a slightly higher open on Wednesday. The Fed headlines a week in which more than a dozen central banks announce policy decisions, including the Bank of Japan and Bank of England on Thursday.
What changed for market while you were sleeping
Asian stocks opened lower Wednesday, extending falls on Wall Street ahead of a Federal Reserve meeting widely expected to produce a three-quarter-point interest rate hike. MSCI’s index of Asia-Pacific shares outside Japan was trading 1.03 per cent lower.
Stocks in the news: Wipro, Tata Steel, Hero Moto, Yes Bank and Indian Hotels
Yes Bank’s board has approved the sale of stressed assets worth around Rs 48,000 crore to JC Flowers ARC, which has turned out to be the sole bidder for the portfolio.
Tata Sons set to infuse another Rs 3,462 crore in Tata Digital
Tata Digital has already taken board approval in the last one month to receive investment of Rs 3,462 crore over two tranches from Tata Sons. This will take the issued share capital of Tata Digital to Rs 15,934 crore, leaving the company the headway to obtain additional equity infusion of around Rs 4,000 crore.
RBI removes Central Bank from PCA framework
“The performance of the Central Bank of India, currently under the Prompt Corrective Action Framework (PCAF) of RBI, was reviewed by the Board for Financial Supervision. It was noted that as per the assessed figures of the bank for the year ended March 31, 2022, the bank is not in the breach of the PCA […]
Retail credit too a marker of growth, share on a par with business loans
The size of the total lending market in India has grown to Rs 174 lakh crore at the end of March, with retail loans contributing 48.9%. The share of commercial loans was at 49.5% and the balance 1.6% was contributed by microfinance, according to a study by credit bureau CRIF High Mark.
RBI approves R Gandhi as non-exec part time Chairman of YES Bank
The Reserve Bank vide its letter dated September 20, 2022 has approved the appointment of Rama Subramaniam Gandhi as non-executive (part time) chairman of the bank for a period of three years effective from Tuesday, Yes Bank said.