Archean IPO kicks off: Should you bet on this specialty chemical player?
Archean Chemical Industries markets the products to 18 global customers in 13 countries and 24 domestic customers. The company was the largest exporter of industrial salt in India with exports of 2.7 million MT in FY 2020-21.
Golden Crossovers: These 4 stocks signal further bullishness
In the NSE list of stocks, four stocks with a market cap of over Rs 250 crore are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks’ […]
Stocks to buy or sell today: 4 short-term trading ideas by experts for 9 November 2022
The S&P BSE Sensex rose more than 200 points while the Nifty50 reclaimed 18200 levels on Monday.
Big Movers on D-St: What should investors do with Bank of Baroda, Britannia Industries and MCX?
Due to bumper results, the stock jumped and recorded a new lifetime high of Rs 4,190. A substantial rise in volume and an increase in future open interest signals that major market participants are in favour of the bulls.
Musk sells Tesla stock worth about $4 billion: SEC filing
Musk, the world’s richest person, took over Twitter in a $44 billion deal last month and has engaged in drastic measures including sacking half the staff and a plan to charge for blue check verification marks.
Stocks in the news: Tata Motors, Coal India, Paytm, Hindalco, PB Fintech and BEL
Tata Motors, Pidilite , P&GHH, Star Health, Godrej Properties, Deepak Nitrite, 3M India, General Insurance, Bayer Cropscience and Piramal Enterprises are among the companies that will announce their results for September 2022 quarter today.
What changed for market while you were sleeping
Major stocks opened higher on Wednesday with investors encouraged to buy after rallies on Wall Street as the US midterm elections dominate attention. MSCI’s index of Asia-Pacific shares outside Japan was trading 0.61% higher.
Tesla loses valuation race to Berkshire as growth stocks sputter
A former member of the $1 trillion capitalization club as recently as this April, Tesla has succumbed to a fresh drawdown since September. Thank a hawkish Federal Reserve that’s sending growth stocks ever lower — and the backlash caused by Musk’s mercurial acquisition of social-media giant Twitter Inc.
Rating agencies put Hero Electric, Okinawa on watch
The heavy industries ministry has launched a probe into alleged violation of localisation norms mandated under the Faster Adoption and Manufacturing of Electric and hybrid vehicles (FAME) scheme by EV makers. While multiple companies have come under the scanner, subsidies for Hero Electric and Okinawa show “expired” status on the FAME website.
Getting nod for IPOs could take longer as Sebi turns more vigilant
Investment bankers and primary market watchers said the Securities and Exchange Board of India (Sebi) has tightened checks on IPO-bound companies after investors lost money in some of last year’s public offers, delaying approvals to launch issues.