No action to control wheat prices yet: Food Secretary Sanjeev Chopra
The price rise of the food grain is in tandem with the increase in the minimum support price (MSP) and general inflationary trends, said Sanjeev Chopra, secretary, the Department of Food.
US stocks open lower ahead of Fed minutes, Apple falls
The Dow Jones Industrial Average fell 6.5 points, or 0.02%, at the open to 34091.57
Gautam Adani weighs $5 bn fundraise as banks urge deleveraging
The network of companies owned by Asia’s richest person has reportedly reached out to top officials at firms, including Mubadala Investment Co. and Abu Dhabi Investment Authority about investments
Focus on Fed: Sensex sheds earlier gains to end 92 pts higher, Nifty settles little above 18,250
In the Sensex pack, Bajaj Finance, Dr Reddy’s, SBI, Maruti, Kotak Bank, Sun Pharma and NTPC were the top gainers in Wednesday’s trading session, rising about 0.5-1.5%. ICICI Bank, HDFC, Axis Bank, M&M, Tata Steel and HDFC Bank also closed higher
Should you exit Inox Green Energy after its muted debut?
Pravesh Gour, Senior Technical Analyst, Swastika Investmart said the company has been incurring losses for the last two years, and according to the IPO objective, the funds raised will be used to pay off liabilities.
Not out of the woods! Why this RK Damani stock is still below its pre-Covid levels
The company also operates under the names Total, Charms, Charminar, Editions, Special, and Moments, which make it the second-largest cigarette manufacturing company in India.
At multi-year highs: These 5 stocks gave 5-year breakouts
In the NSE list of stocks with a market cap of over Rs 500 crore, five stocks crossed their previous 5-year high value at the close on November 22, suggesting bullishness in counters.
Public sector lenders turn multibaggers, does this rally have more legs?
BofA Securities has a positive outlook on SBI India with a neutral rating and a target price of Rs 680 per share and it expects Bank of Baroda to lead the rest of the PSU bank pack. It has a buy tag on the lender with a target of Rs 190.
Hot Stocks: Citigroup maintains sell on Vedanta; Macquarie recommends outperform on Siemens
Macquarie maintained its outperform rating on Siemens with a target price of Rs 3,020 even though margins and order inflow disappointed were below expectation. However, the execution was in-line and the company recorded a strong margin performance in Smart infrastructure, the brokerage said. Energy and Mobility margins were below 10% for the last two consecutive […]
Golden Crossovers: These 5 stocks signal further bullishness
In the NSE list of stocks, five stocks with a market cap of over Rs 100 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’ […]