CreditAccess Grameen plans to tap retail bond market to raise Rs 1,500 cr
The retail bonds – likely to be for three- to five-years tenure – may bear interest rates between 8.75% and 9.5%, market sources said
Tech View: Nifty forms bearish candle. What investors should do on Thursday
During the day, the Nifty remained above the previous consolidation high, suggesting a rise in optimism. Over the short term, the trend is expected to remain strong. On the higher end, resistance is visible at 17,950. On the lower end, support is placed at 17,550/17,400.
CCI has been pragmatic in levying, quantifying penalties: Chairperson
The Competition Commission of India (CCI) has been taking steps to ensure fair competition in the digital market and last Thursday, it passed a major order against Google for the abuse of dominance in multiple markets in relation to Android mobile devices.
2 rail stocks rally up to 9% amid reports of stake sale
Shares of Railtel Corporation rose up to 9% to the day’s high price of Rs 115.85 while that of Rail Vikas Nigam rose 8% to hit the day’s high price of Rs 40.15 apiece on the NSE
Chart Check: 140% in a year! Uptrend intact in this commodity chemical company
The steep rise seen in the stock pushed it towards overbought levels; hence, some consolidation in the short term cannot be ruled out. Short-term traders can look to buy the sock on dips for a target of Rs 1400 in the next 3-4 months, suggest experts. The relative strength index or the RSI on the […]
This multibagger NBFC stock is seen as a re-rating candidate: ICICI Securities
Sharp business execution, improved market positioning in focused product segments, business scale-up through diversified and granular portfolio mix, and consistent earnings delivery are likely to trigger rerating
Rishi Sunak’s wife Akshata earned Rs 126.6 cr dividend income from Infosys in 2022
While Sunak is a British national, his wife Akshata is an Indian citizen. Her non-domiciled status, which allows her to earn money abroad without paying taxes in Britain for a period of up to 15 years, has been a divisive issue in the UK.Non-domiciled status of Akshata became an issue of discussion in Britain when […]
Ashish Kacholia adds stake in these 2 smallcaps in September quarter
Garware Hi-Tech was initially in the business of trading imported cars. Later, the company began polyester film manufacturing. Currently, the company is the leading manufacturer, supplier of high-quality, durable, and highly tensile polyester films internationally.
Sensex@1,00,000 by 2025? What will lead the market? Hiren Ved answers
“Our top three picks continue to be the same as last year because one holds on to stocks for multi-year cycles unless one genuinely believes that either the external environment is completely changed or the hypothesis has turned on its head which has not happened, frankly.”
Sanjiv Bhasin on 5 large and midcaps to pick in Samvat 2079
“Two largecaps to go for are ICICI Bank and UltraTech Cement. ICICI has been a stellar bank as far as the liability franchise, the NIMs and the asset quality are concerned and retail flows have been the saviour of this market. One can also add an UltraTech Cement where the numbers were slightly below expectation […]