D-Street Week Ahead: Expect high volatility in holiday-truncated week
The past five sessions saw the index trading in a range of 572 points which was wider than what was seen over the past few weeks. While staying and closing above key supports, the headline index ended with a net gain of 391 points (+2.27%) on a weekly basis.
How to ride the capex trend for mega profits in stocks
In the short-term horizon, a company might see margin compression due to investments in capex. The same starts easing as soon as a company starts production from new factories. This makes that company value accretive for its shareholders in the medium to long term.
Diwali Bonanza! 10 tech stock picks from brokerages for over 20% gains
During the year, Nifty and Sensex crossed the 18000 and 60000 marks, respectively, multiple times but due to uncertain global cues and continued profit booking at higher levels from FIIs, they failed to sustain above the same. After a roller-coaster price action, currently, Nifty and Sensex are trading near the 200-day SMAs.This Diwali, brokerages have […]
BoB-backed IndiaFirst Life Insurance files DRHP with Sebi for IPO
The public issue consists of a fresh issue of equity shares worth up to Rs 500 crore and an offer-for-sale (OFS) of up to 141,299,422 equity shares by promoter and selling shareholders, as per the draft red herring prospectus (DRHP).
Sebi bars Bombay Dyeing, Ness Wadia, others from securities market for up to 2 yrs; imposes fines of Rs 15.75 cr
“The planned reduction of shareholding in Scal to 19 per cent to avoid consolidation of financial statements of Scal, execution of non-genuine sales to Scal through MoU’s, granting deferment of payment to Scal (and not any other bulk buyer), inflation of sales and profit of BDMCL, non-realization of payments from Scal etc, were all different […]
Should you buy gold despite surge in US dollar?
However, prevailing high domestic demand and weak currency continue to support domestic prices. Though Indian gold prices generally depend on foreign benchmarks, domestic demand, fluctuations in the value of the Indian rupee, and government policies can experience significant price variation.
How to invest when a recession in lurking in the shadows
Investing is forward looking. There are a number of ways to interpret current trends that provide a fairly positive outlook for investing, depending on the type of slowdown that may be coming and on your horizon as an investor. None are certain, but these narratives are spreading in the markets and, if only for that […]
Wall St Week Ahead: Megacap earnings to test fledgling U.S. stock rebound
Meanwhile, soaring U.S. bond yields are pressuring valuations and complicating the picture for tech and other growth stocks, whose expected future earnings are discounted steeply by higher yields. Yields continued to rise this week, with the yield on the benchmark 10-year Treasury note hitting a fresh 14-year high.
Axis bank shares hit new high, analysts raise price targets
Axis Bank delivered surprises at one go. Sustenance of performance hereon to drive further rerating,” said ICICI Securities in a client note. “The Q2FY23 earnings surpassed our and consensus expectations by a wide margin. Surprise on NIM and visibility on sustainability of operating performance compel an earnings upgrade of 13% and 8% for FY23e and […]