Govt eases norms for certain sectors under Export Promotion Capital Goods scheme
“This relaxation has been provided in light of the economic slowdown caused by the COVID-19 pandemic. This relief will help the hotel, healthcare and educational sectors to cope with the negative impact of the pandemic on their export activities,” the statement said.
US stocks open higher on Netflix boost
The Dow Jones Industrial Average rose 28.90 points, or 0.09%, at the open to 33,073.46
Government may announce PLI scheme for more sectors in Budget
The government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles and auto components, white goods, pharma, textiles, food products, high-efficiency solar PV modules, advance chemistry cell and speciality steel.
Centre to come out with ‘Blue Economy’ policy soon: Official
The government had earlier rolled out the draft blue economy policy in the public domain, inviting suggestions and inputs from various stakeholders. The senior official was speaking on the sidelines of a seminar on ‘Recent trends in space sector: New India’ organised by the Academy for Science, Technology and Communication, Hyderabad jointly with National Academy […]
Upto 1,400% surge! 7 largecaps that have risen over 25% in last 3 fiscals
ETMarkets.com found seven largecap stocks that have given at least 25% returns in each of the last 3 fiscal years, including the current FY23.
Infra, BFSI: Key themes and stocks to focus ahead of the Budget
Axis Securities is positive on KNR Constructions, PNC Infratech, RITES, KEC International, and PSP Projects to do well among infra stocks. These stocks have given returns in the range of 2.35-12.63% so far this year on a year-to-date (YTD) basis. KEC International has offered negative 1.52% returns this year.
3 top stock recommendations from Swati Ananda Hotkar
So my view is cautious because on every higher side we are facing a strong resistance. Coming towards the Bank Nifty, as of now till the time the Bank Nifty is holding its strength on the higher side it is facing a very strong resistance at around 42,800 to 42,600 levels.
Rs 10,000 crore-blow! 2 biggies faced most of FII outflow brunt
Amid impressive credit growth, banks remain the top pick of most brokerages despite the FII selling. On IT, however, many analysts have a cautious stance saying they expect more pain ahead due to global macro factors.
Vijay Kedia buys stake in this smallcap textile stock
On Friday, Siyaram Silk’s shares were trading marginally higher in morning deals at Rs 538.90 on NSE. So far this year, the scrip has seen a flattish growth at the bourses. However, in the last one year, the stock has risen nearly 19%.
Chart Check: Metal stocks on a roll! Range breakout on weekly chart makes Vedanta a top buy
The Relative Strength Index (RSI) is at 60.7. RSI below 30 is considered oversold and above 70 is considered overbought, Trendlyne data showed. MACD is above its center and signal line, this is a bullish indicator.