Golden Crossovers: These 6 stocks signal further bullishness
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Stock market trends in 2022: PSU bank stocks lead sectoral winners; IT top loser
Nifty has outperformed its global peers with gains of around nearly 3% in the calendar year 2022. However, among sectoral indices, Nifty PSU Bank index remained the top gainer with nearly 54% gains, while Nifty IT index remained the top loser as it fell 27% in CY22.
Stocks to buy & sell today: 5 short-term trading ideas by experts for 27 December 2022
Nifty formed a Bullish Engulfing candle on daily scale on Monday and negated its lower highs of last three trading sessions,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.
IT majors under pressure from global eco troubles
Recent management commentaries by IT companies show the impact of global macroeconomic pressures. HCL, in a recent investors’ meeting, said that it will achieve the lower end of its revenue guidance for the year. HCL had set a revenue guidance growth of 16-17% for the services vertical in FY23.
Big Movers on D-St: What should investors do with Century Textiles, Nykaa and Indian Energy Exchange?
The stock is currently placed a tad above its prior point of polarity, which was placed at around Rs 650. The key technical indicators reversed from the dip oversold zone on the short-term timeframe chart and are on the verge of a bullish crossover.
Dollar retreats as risk appetite improves; Australia, NZ currencies rise
“There seems to be no let-up in the pace of relaxing COVID restrictions despite the surge in COVID cases in the mainland,” said Christopher Wong, a currency strategist at OCBC. “This perhaps demonstrates Chinese policymakers’ resolve to full reopening.
Defence, industrials, EVs all set to define growth for Bharat Forge
The long-term expected growth will be led by the momentum in the defence, electric mobility and industrial segments.
ICICI Bank loan case: CBI arrests Venugopal Dhoot
A holiday court remanded Dhoot in CBI’s custody till December 28. The court also extended the remand of Chanda Kochhar and her husband Deepak who were arrested on Friday by three days. The CBI sought a three-day custody to confront the accused.
Indices gain over 1% in relief rally, but ‘volatility to continue’
The Sensex rose nearly 1,000 points from Friday’s close to an intraday high of 60,833, before ending the session at 60,566, up 721 points, or 1.20%. The Nifty, too, advanced 1.2%, or 207 points, to close at 18,014.
SAT sets aside Sebi’s order to impose penalty on Bhushan Steel for disclosure lapses
However, SAT in its order noted that “the company had gone into July 2017 under the Insolvency Bankruptcy Code (IBC) and in view of the decision of this tribunal, no penalty can be levied on the new management which came into the picture on May 18, 2018. “The violation, if any, committed for the quarter […]