US stocks open lower on China Covid protests; Apple slips
The Dow Jones Industrial Average fell 71.1 points, or 0.21%, at the open to 34,275.91
A third of Adani’s NDTV offer subscribed despite steep discount
The category of corporate investors have tendered the most at 3.9 million shares while retail investors have offered to sell a little over 706,000 shares to the ports-to-power conglomerate with qualified Institutional buyers making up the rest
Realty firm Signature Global gets Sebi nod for its Rs 1,000-cr IPO
As per the DRHP, the IPO will comprise a fresh issue of equity shares worth up to Rs 750 crore and an Offer for Sale (OFS) of up to Rs 250 crore
Tech View: Nifty forms a long bull candle. What traders should do on Tuesday
Options data suggests a broader trading range between 18000 to 19000 zones, while an immediate trading range between 18300 to 18800 zones.The market breadth is skewed in favour of bulls. RSI is still holding the 70 levels, confirming the momentum. India VIX ended the session at 13.56 levels, suggesting that the market seems to be […]
India best structural story in 10-year view in Asian EMs: Chris Wood
“My relative return is marginally overweight China and India. But in my long term absolute return portfolio, I have about 20 stocks which are still dominantly India because that is long term. The more short-term you are, the more you should want to be underweight in India. The more long term you are, stay structurally […]
After quick multibagger returns, will these PSU stocks turn into long-term misery for you?
Many of the privately-run companies have been rightly priced (if not overpriced), and from a long-term perspective, while you want to keep your “core” portfolio around better-run private companies, the “satellite” part can still be favoured towards PSU stocks, Ahmed added.
Nifty hits record high after 275 trading sessions! 5 factors driving this bull run
After hitting a 52-week low of 15,183.40 on June 17, Nifty has rallied over 22% in a few months. Excluding Adani Enterprises, which became part of the headline index on September 30 this year, ITC has been the top gainer in the pack of 50 stocks since the last record high.
This Rs 3,000-cr money manager goes bottom-up to pick winners
“Indian retail investors have emerged as a very powerful and resilient market participant in the last few years and specially post Covid 2019. The undeterred SIP monthly figures have come has a big saviour for Indian equity markets by absorbing massive FII outflows in the recent times, thereby making FII flows an irrelevant data point […]
Fundamental Radar: Multiple triggers make NMDC a value buy; here’s why
The measures come after a six-month imposition and at a time when steel demand and pricing has taken a hit due to the global economic slowdown, and escalated Covid situation in China.
Maruti & other 5 largecaps that consistently rose in last 5 trading sessions
Indian equities rose in four out of 5 sessions last week. Here are six stocks from the BSE 100 list that consistently moved up in the last five trading sessions. Stocks like Samvardhana Motherson International and Oracle Financial Services Software are available at a huge discount of 30-55% from the 52-week high levels. (Data Source: […]