Chart Check: Granules India hits fresh 52-week high in November; time to buy?
“The stock price started its up move from Rs 84 (July 2019). The stock made a high of Rs 438 in Dec 2020 accompanied by Higher Bottoms & Top formations,” Bharat Gala, President – Technical Research, Ventura Securities Ltd, said.
Big Movers on D-St: What should investors do with M&M Financial Services, Varun Beverages and Rail Vikas Nigam?
Due to temporary overbought conditions, we could see some profit booking at higher levels. However, the medium-term trend is still on the positive side unless it starts trading below Rs 1,100. Positional traders retain an optimistic stance and look for an upside of Rs 1,275-1,325.
Stocks in the news: Titan, Hero Moto, HDFC, Wipro, Adani Enterprises and Voda Idea
Titan, Cipla, Britannia, Marico, InterGlobe Aviation, GAIL, TVS Motors, Tube Investment of India, Cummins, Solar Industries, IDFC First Bank, ABFRL and Escorts are among the companies that will announce their results for September 2022 quarter today.
What changed for market while you were sleeping
Nifty futures on the Singapore Exchange traded 24.5 points, or 0.14 per cent, lower at 18,090, signaling that Dalal Street was headed for a negative start on Friday.
Gold heads for weekly loss on hawkish Fed stance
SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, said its holdings fell 0.82 percent to 911.59 tonnes on Thursday from 919.12 tonnes on Wednesday.
Retail investors back for some ‘Dhoom’ on IPO boom also fire up grey market
For instance, the ₹500-crore IPO of DCX Systems, which was subscribed 69.79 times this week, is currently trading at a premium of nearly ₹80 per share over its issue price of ₹207. It means the public issue of the cable and wire harness assembly manufacturer is expecting to list around ₹287, which is nearly a […]
Dalal Street resilient after Powell’s hawkish tone
The BSE Sensex closed at 60,836.41, down 69.68 points or 0.11% from the previous close. The Nifty declined 0.17% or 30.15 points to end at 18,052.70 after losing more than 100 points at market opening. Both indices oscillated between gains and losses for most of the session with the Nifty briefly slipping below 18,000 in […]
Gati to buy out Japanese partner KWE’s stake in JV
“Valuations are being discussed. When Allcargo bought Gati, there was an agreement made between Gati and Kintetsu World Express that for two years, there would be no change in the structure of the JV. Since that two-year period is over, we at Allcargo felt that it’s time for us to become a 100% ownership,” said […]
Special MPC meet discusses report for government
“A separate meeting of the Monetary Policy Committee was held on November 3 to discuss and draft the report to be sent to the Government by the Reserve Bank of India under the provisions of Section 45ZN of the RBI Act, 1934 and Regulation 7 of RBI MPC and Monetary Policy Process Regulations, 2016,” the […]
Brickwork founder calls Sebi order ‘capital punishment’
The regulator had directed Brickwork Ratings to wind down its operations within six months and also barred it from adding any new clients from the date of the order. Brickwork Ratings has got an interim stay from the Securities Appellate Tribunal on the Sebi order.