September deluge stalls kharif harvesting, damages crops
“The impact of this untimely rain will not be good for the standing crop. The quality will go down and the colour will change. The marketing edge will be lost,” said agriculture expert Devinder Sharma. It can also delay sowing for the next season, especially of wheat and potato.
Another romance with Fed pivot breaks investors’ hearts
In the past, such a “pivot whipsaw” would normally have been due to some off-the-cuff dovish comment by Fed Chair Jerome Powell that suggested a replay of his big U-turn in the middle of the market volatility of the fourth quarter of 2018 — that is, the notion that the long-standing Fed “put” was back […]
Tech View: Buying at lower levels cheering Nifty bulls. What investors should do on Tuesday
The overall structure shows that the index is likely to witness consolidation in the range of 17,000-17,500 in the coming sessions. Indicators such as RSI and MACD are indicating neutral views as of now in the daily chart.Options data suggests a broader trading range between 16,800 to 17,700 zones while an immediate trading range is […]
Energy operations’ underperformance to mar RIL’s Q2 show, says Morgan Stanley
Shutdown of refineries, windfall taxes on fuel exports, and lower product cracks are likely to pull down the conglomerate’s earnings sequentially in Q2, the global investment bank said.
Axis Securities initiates coverage on IDFC First Bank, sees 31% upside
“We expect the bank to continue its journey moving forward to further augment its ROA/ROE by leveraging powerful unit economics, incremental retail lending business at an ROE of 18-20%, improving branch productivity with normalized cost-to-income ratio and scaling up its fee income from new business launches like Wealth, FASTag, credit card, CMS, among others.
TCS Q2 results today: 5 key things to watch out for
Management commentary on outlook on the growth environment would be a key thing to watch out for. Motilal Oswal expects strong demand commentary to continue. Investors would also be tracking the impact of a slowdown in Europe and the BFSI segment, besides client spend trends in the wake of recessionary fears.
Brokerage mixed on Tata Motors after Q2 update; stock crashes 5%
Jaguar Land Rover reported a 4.9% decline in retail sales at 88,121 units in the second quarter ended September 30, 2021. The company had posted retail sales of 92,710 units in the same quarter previous fiscal.
These 6 largecap stocks consistently gain over last 5 trading sessions
The Indian benchmark indices traded with volatility in the last five trading sessions but overall gained over three per cent. During this trade, six stocks from the BSE 200 list consistently moved up.
HCL Tech, HAL 7 stocks that can deliver strong returns in short term
India Inc earnings are likely to guide the movement at Dalal Street this week onwards. Market analysts believe that select stocks are set to deliver solid returns in the near term. Based on their recommendations, here are a few stocks where one can initiate trades for near-term returns:
IDBI Bank zooms 11% as government invites bids for strategic disinvestment
According to the conditions of the EoI, private sector banks, non-banking finance companies (NBFCs), foreign banks and even alternative investment funds registered with SEBI can bid for IDBI Bank.