NMDC to list steel biz; last day to buy stock to qualify for demerged shares
The eligible investors will get one share of NDMC Steel of the face value of Rs 10 each, for every share of NDMC of the face value of Re 1 each. Any investor, buying shares after Tuesday, October 25, will not be eligible for the shares of NDMC Steel and would need to buy them […]
RIL financial business demerger positive, but no firecrackers for D-Street
The move is positive as RIL shareholders will have a direct play on India’s fast-growing digital fintech market through an entity which would be able to leverage RIL’s vast footprint across telecom and retail arena. Jio Financial Services plans to acquire liquid assets to provide adequate regulatory capital for lending to consumers, merchants.
Tesla options hint at trouble ahead with bets around $200
Tesla shares have been on a dizzying roller-coaster ride this year, as jumpy investors reacted to a wide array of both positive and negative news — ranging from supply problems, demand concerns, production disruptions in China, a cash-strapped consumer and the looming global recession, to the promise of a big boost to the EV industry […]
Stocks to buy or sell today: 8 short-term trading ideas by experts
Indian markets are expected to open flat with a negative bias on Tuesday tracking muted global cues. The S&P BSE Sensex rose more than 500 points while Nifty50 reclaimed 17,700 levels on the Muhurat Trading Day.
Trader’s Guide: These 2 counters have 5% upside scope according to analysts
The levels of 17,850-17,900 will continue to act as resistance points. We have also entered the expiry of the current month’s derivative series. With the short trading week and expiry on cards, taking a bet from the wider universe of the broader markets may work out well as stock-specific outperformance from the broader markets cannot […]
China’s yuan weakens to near 15-year low in aftermath of party congress
U.S.-listed shares of Chinese companies slumped on Monday after President Xi’s new leadership team sparked investor concerns that ideology-driven policies would be prioritised at the cost of private sector growth.
Big Movers on D-St: What should investors do with HUL, RIL and Bajaj Finserv post Q2 results?
The overall structure of the counter is remunerative as it trades above its all-important moving averages. On the upside, Rs 1,750 is facing immediate resistance. Above this, we can expect a long rally till Rs 1,900 in the near term while on the downside Rs 1,610 is the important support level in any correction.
Stocks in the news: RIL, ICICI Bank, Yes Bank, DLF, Kotak Bank and pharma stocks
Chennai Petroleum Corporation is among the fours companies that will announce their results for September 2022 quarter today.
What changed for market while you were sleeping
Asian share markets beyond China showed signs of strength on Tuesday following a rally in US stocks buoyed by optimism from early corporate earnings reports.
Will Jerome Powell be like Volcker or Burns?
There’s no free lunch. To increase its chances of getting inflation back down to 2%, the Fed has to be willing to push short-term interest rates higher when the economy doesn’t slow sufficiently and the labor market remains too tight. That increases the likelihood of recession. Volcker did what was necessary and beat inflation. Burns […]