Cars, aircraft and trains: Sanctions-hit Russia asks India to send parts for 500 products
Western sanctions have crippled supplies of some crucial products in Russia. Airlines are experiencing an acute shortage of parts because almost all planes are foreign-made. Car parts are also in demand, with global automakers having left the market.
Bandhan Financial Holdings gets Sebi nod to buy IDFC’s stake in IDFC AMC
The Reserve Bank of India and Competition Commission of India had already approved the takeover.
Gautam Adani steals the show again! Pips Ambani to become richest Indian in 2022
Despite the year seeing a sharp depreciation in the rupee amid the weak global macroeconomic conditions, the combined wealth of India’s 100 richest people grew $25 billion to touch $800 billion in 2022, according to Forbes India
Nasdaq opens higher; Tesla leads gains in growth stocks
The S&P 500 fell 0.3 points, or 0.01%, at the open to 3964.19
Nearly half of Nifty50 stocks emerge stronger than index from June lows
The month of November was not good but for many of its index constituents, as 9 stocks, including M&M, SBI, Bharti Airtel, L&T, and ICICI Bank scaled their respective lifetime highs.
Sensex, Nifty end at record closing highs yet again
The 30-share Sensex ended 177 points higher at 62,682, while its broader peer Nifty 50 ended above the 18,600 level after touching a new peak of 18,678
This Adar Poonawalla-backed NBFC becomes D-Street’s ‘darling’; can the tag last long?
The number of mutual funds holding the stock in their portfolio has doubled since May, data on Trendlyne showed. Aditya Birla Sun Life Small Cap Fund was the highest buyer of the shares of the NBFC in October.
For markets to go up 15% in next 12-18 months, what needs to change? Andrew Holland answers
“I do not think we can keep getting PE expansion at the expense of earnings growth. So, earnings growth is one of the key factors. The other key factor would be any kind of move towards peace in Russia and Ukraine because that will bring down oil prices very quickly and help the building programme […]
GE Shipping, Apollo Tyres and other 4 stocks at multi-year highs
In the NSE list of stocks with a market cap of over Rs 3,000 crore, six stocks crossed their previous 5-year high values at close on November 28, suggesting bullishness in counters, according to stockedge.com’s technical scan data. Take a look:
Hot Stocks: Global brokerages on Dalmia Bharat, Paytm, and Zomato
The company targets industry-leading volume growth in the near future. A turnaround in east profitability is key, it said. “With volume growth/cost leadership, Dalmia is a strong mid-cap cement play,” said the note.