CBIC to come out with list of ‘identified goods’ to check undervaluation of imports
The Central Board of Indirect Taxes and Customs (CBIC) will come out with a list of ‘identified goods’, which will be subject to stricter scrutiny for their true value. As per the rules, two committees will be constituted — a screening committee for a preliminary examination of ‘identified goods’ and an evaluation committee for a […]
Tech View: Nifty forms small red candle. What traders should do on Thursday
Nifty has repeatedly been testing the support of 17,800 levels by forming lower highs. The market action of the last 2-3 weeks also signals the formation of a triangle type pattern and Nifty is now placed at the lower end of a triangle, said Nagaraj Shetti of HDFC Securities.
IT pack tends to beat Nifty in global crises. Can it pull of off this time too?
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Double-digit stocks to multibaggers? Daljeet Singh Kohli on 2 stocks that can do it
“Shree Renuka Sugars may be a two-digit stock but that does not mean it is a small company. There has been a change in promoter and cyclicality has ended with government plan on ethanol. In distillery, its capacity is almost doubling from 770 kiloliters per day to 1,400 kilolitres per day. which will make them […]
Gross direct tax revenue jumps 24.58 pc to Rs 14.71 lakh crore for FY23
Direct tax collection, net of refunds, stands at Rs. 12.31 lakh crore, which is 19.55 % higher than the net collections for the corresponding period of last year. “This collection is 86.68% of the total Budget Estimates of Direct Taxes for FY 2022-23,” the ministry of finance said in a release.
Indices end flat in highly volatile session ahead of US inflation data
Nifty50 index ended 18 points or 0.10% lower at 17,896, while S&P BSE Sensex fell 10 points or 0.02% to settle at 60,105
2 top stock recommendations from Shilpa Rout
I have two buys here – one is Voltas. I am looking for targets of Rs 880 to Rs 900 with the stop loss of Rs 820 from current levels. Likewise I also have a buy on Metropolis with the targets of around Rs 1460 to 1500 zones.
Insurance sector will do extremely well: MR Kumar
The sector has been doing extremely well. We are showing double digit growth in the year and going forward this should continue. Q4 is something that we will be watching out very closely but I am very confident that the sector will do extremely well.
Death Crossovers: These 4 stocks signal further bearishness
It appears on a chart when a stock’s short-term simple moving average (SMA) crosses below its long-term moving average on the downside
At multi-year highs: These 5 stocks gave 5-year breakouts
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