At multi-year highs: These 5 stocks gave 5-year breakouts
In the NSE list of stocks with a market cap of over Rs 1,000 crore, five stocks crossed their previous 5-year high value at the close on December 6, suggesting bullishness in counters, according to stockedge.com’s technical scan data. Take a look:
Stock to buy today: 6 short-term trading ideas by experts
S&P BSE Sensex fell more than 200 points while Nifty50 closed below 18,700 levels on Tuesday.
ETMarkets Fund Manager Talk: Momentum investing is this IITian-turned smallcase manager’s mantra to outdo benchmarks
It is extremely difficult to call the market at any point of time. About 80% or more global managers do not beat the benchmarks for this reason. And many of those who do, are at times lucky but are not able to do that on a sustainable basis.
Big Movers on D-St: What should investors do with Bank Of India, Union Bank of India and RCF?
Stocks that were in focus include names like Bank of India which was up nearly 5%, Union Bank of India which gained over 6%, and RCF which was up over 3% on Tuesday.
Time for banks to increase FD rates rather than asking for tax breaks from govt: Ajay Bagga
Again just like it happens on the savings accounts where banks are offering just 2.5% even though their NIMs are going up I think the time is for the banks to increase the interest levels for the customers rather than ask for the government to give a tax dole out.
BNP is Overweight as India’s a Stable Island in a Stormy Sea: : Manishi Raychaudhuri
India’s outperformance this year arises to a large extent because of North Asia getting pulled down by the twin forces of developed market demand retrenchment, which we are still in the midst of it. India and some of the pockets of South Asia ‘under-outperformed’ rather over the past almost 16 months now.
Stocks rally sputters as growth fears resurface
Oil prices have been sliding with declining demand expectations and now sit more than 40% below a high of nearly $140 a barrel made shortly after Russia’s invasion of Ukraine.
Gold struggles for momentum as investors await further Fed cues
The U.S. trade deficit widened sharply in October as slowing global demand and a strong dollar pushed goods exports to a seven-month low, suggesting that trade could be a drag on economic growth this quarter if the trend persists.
World Bank ups India FY23 growth forecast
The Indian economy is expected to grow 6.9% in the current fiscal year, news agency Reuters cited a World Bank report as saying on Tuesday, citing tightening monetary policy and high commodity prices as factors impacting the country’s growth. The report sees average retail inflation at 7.1 this year.
Global slowdown: IMF calls for deeper structural reforms and orderly deleveraging
In a detailed presentation on the world economy at the ongoing G20 Sherpa meeting in Udaipur, seen by ET, the IMF cautioned that high-frequency indicators point to a weakening global growth momentum in the fourth quarter and sought measures to support growth.