Thursday’s RBI meet a non-event for D-Street as no rate action expected
The central bank’s meeting is primarily to discuss and draft an explanation to the government on the failure to adhere to the inflation target for three consecutive quarters.
FIIs, MFs buying these 5 stocks, gain up to 50% so far in 2022
ET Markets study suggests that big institutional investors are pinning their bets on a few stocks in which they are constantly increasing their holdings. According to an analysis, foreign institutional investors (FIIs) and mutual funds (MFs) have consistently increased their stakes in nine stocks from the BSE universe in the last three quarters of calendar […]
Wheat export doubles to USD 1.48 bn in April-September
The commerce ministry also said exports of agricultural and processed food products rose 25 per cent during the six- month period of this fiscal year. The overall export of Agricultural and Processed Food Export Development Authority (APEDA) products increased to USD 13.77 billion in April-September 2022 from USD 11.05 billion in the same period a […]
Tech View: Nifty forms bearish engulfing top as 18K turns make-or-break level. What traders should do on Thursday
Indicators such as MACD and RSI were slightly skewed on the negative side. Analysts say that the physiologically-important level of 18,000 is now becoming a make-or-break zone for the index.Options data suggests a broader trading range between 17,600 to 18,600 zones, while an immediate trading range in between 17,900 to 18,300 zones.
6 stocks that look set for a strong rally in the near term
The headline indices have moved above the previous swing high, say market analysts. They believe select stocks are ready to deliver solid returns in the near term. Based on their recommendations, here are six stocks that can showcase a strong ral
5 stocks held by over 100 MFs have rallied more than 50% in FY23 so far
An investor is more confident buying a particular stock if a large number of mutual funds (MFs) schemes also hold the stock. In today’s MF analysis ETMarkets found five stocks that were held by over 100 MF schemes as of September 2022 and have gained over 50 percent in this current fiscal (FY23) so far […]
At multi-year highs: These 7 stocks gave 5-year breakouts
In the Nifty200 pack, 7 stocks crossed their previous 5-year high value at the close on November 1, suggesting bullishness in counters, according to stockedge.com’s technical scan data. Take a look.
Chart Check: Stochastic triggers buy; this automobile maker likely to surpass Nov 2021 highs
“This stock had a strong rally from the levels of Rs 63.50 to the levels of Rs 536 post Covid, corrected back to the levels of Rs 366 where it found support. It can be observed that the stock has been consolidating for the past three quarters & is likely to resume its next leg […]
DCX Systems IPO subscribed 11.76x so far; issue closes today
According to the data from BSE, investors made bids for 17,07,08,256 equity shares or 11.76 times compared with 1,45,11,146 equity shares offered for subscription by 11.15 am on Wednesday.
Hot Stocks: Brokerage on Tech Mahindra, Sun Pharma, and Nykaa
Macquarie maintained an outperform rating on Tech Mahindra with a target price of Rs 1230. Another brokerage firm BofA maintained a buy call on Tech Mahindra with a target of Rs 1180. Deal closures need watching in the forthcoming quarters, the brokerage said.