Tech View: Nifty forms bearish candle on daily charts. What traders should do on Friday
Option data suggested a broader trading range between 17,800 and 18,500 zones while an immediate trading range between 17,900 and 18300 zones
Sensex ends 420 pts lower, Nifty 50 settles below 18,000 level
Among Sensex stocks, Axis Bank, M&M, Bajaj Finserv, Titan, Bajaj Finance, IndusInd Bank, SBI and Power Grid Corp were the top losers in today’s trading session
After multibagger returns in unlisted space, can Five Star pull off the same magic again?
The shadow lender in the unlisted market, also known as the pre-IPO market, has delivered multibagger returns to investors. Its shares jumped to Rs 720-750 from Rs 180 on an adjusted basis after the sub-division of equity shares.
India’s capital market infra, regulations best in the world, says Zerodha’s Nithin Kamath
“Our capital market infrastructure & regulations don’t get enough credit for being among the best in the world. It is crazy & scary what is happening today in the crypto world. Crypto Brokers & exchanges can act as banks in most markets, exposing customers to unlimited risk,” the billionaire stockbroker said.
Big Tech layoffs – a meltdown or course correction? Harvard Prof Ranjay Gulati explains
“There has been a bit of a reshuffling from Big Tech to small tech, right sizing of support functions. so there is a lot more to the story than just laying off 15,000 engineers who have nothing to do now. It is a more complicated story but no question that for those who are wondering […]
The Ramco Cements’ 98% slide in Q2 profit sparks target cuts
The cement and cement products player reported a 98% year-on-year (YoY) decline in net profit to Rs 11 crore for the quarter that ended September 30, 2022. It reported a bottomline of Rs 515.84 crore in the same period the previous year.
Vijay Kedia pares stake in these 3 smallcap stocks in September quarter
In Lykis, Kedia reduced his stake from 9.3% in June quarter to 2.7% in September quarter. He now holds a total of 5,24,710 shares, estimated to be worth around Rs 2.5 crore.
Fundamental Radar: 5 reasons why Eicher Motors could hit fresh record highs in next 1 year
Eicher Motors has already sold 4,77,204 2-wheelers (up 63.9% over YTD FY22) by end of Oct 2022 (in just 7 months), which is +79% of as many motorcycles sold over the entire last year. The company can end the fiscal year with more than 7.75 lakh motorcycles, i.e. around 30% sales volume growth.
Kaynes Technology IPO kicks off: Should you subscribe to it?
Kaynes Technology allotted 43.76 lakh equity shares to anchor investors at Rs 587 apiece, aggregating to Rs 257 crore, according to a circular uploaded on the BSE website.
Golden Crossovers: These 4 stocks signal further bullishness
In the BSE list of stocks, four stocks with a market cap of over Rs 200 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’ […]