Important for L&T to deliver on expectations: Sandip Sabharwal
I think there have been questions around the spectacular rise of the Adani Group in the back of the minds of people. So I think that always happens when someone rises up so much at a time where established companies which have been around for so many years have not been able to do that […]
Tech Mahindra Q3 preview: Revenue growth seen slowest in 7 quarters; 2023 outlook critical
The emphasis will be high on levers to increase margins, especially noting that pricing increase is difficult in the current environment and trade-offs involved given aggressive cost controls. The brokerage expected investor to focus on the reasons for revenue growth underperformance versus peers, underwhelming margins despite multiple measures to improve it from recent lows, deal […]
Budget 2023 picks: 8 large & midcap stock ideas for up to 36% return
So far in 2023, Nifty is down 2.8% amid selling by FIIs. However, ahead of the Union Budget 2023, brokerage firm Sharekhan by BNP Paribas is bullish on some stocks. The brokerage firm believes that stocks like Axis Bank, SBI and M&M will provide good opportunities to investors. Here is a list of 8 large […]
Stocks to buy or sell today: 6 short-term trading ideas by experts for 30 January 2023
Nifty formed a Bearish Engulfing candle on weekly frame and gave a range breakdown. Now, till the index holds below 17777 zones, bounce could be sold for the downside move towards 17500 then 17350 zones whereas hurdles are placed at 17777 and 17850 zones.
Rupee left behind in EM rally as RBI rebuilds foreign reserves
The rupee forecasts highlight the downside risk for the Indian currency, which analysts surveyed by Bloomberg expect to end the quarter at 82 against the dollar. While the Bloomberg JPMorgan Asia Dollar index has rallied more than 7% since the start of November, the rupee has only appreciated 1.5%.
Big Movers on D-St: What should investors do with Dixon Technologies, Adani Enterprises and Adani Ports?
The counter has witnessed the breakdown from an upward-sloping channel on the longer time frame while witnessing a breakdown of a long consolidation pattern on the shorter time frame with strong volume.
Oil climbs after drone attack in Iran, China’s pledge to promote consumption
China resumes business this week after its Lunar New Year holidays. The number of passengers travelling prior to the holidays rose above levels in the past two years but is still below 2019, Citi analysts said in a note, citing data from the Ministry of Transport.
Answers to Hindenburg’s 65 queries are in the public domain, says Adani Group
In a detailed point-by-point rebuttal, the group maintained that the charges levelled in the report appeared to be “selective and manipulative presentation of matters already in the public domain to create a false narrative”. It also shows complete ignorance or deliberate disregard for applicable legal and accounting standards as well as industry practices, the group […]
A break of 17,450 could take Nifty down to 17,230
Nifty has broken down from its consolidation range and slipped below its 100-day exponential moving average (EMA) of 17,900 levels, which was being defended for the past 23 sessions. The short-term moving averages are in a falling mode, which indicates the bearish momentum could continue in the upcoming week.
A jittery Dalal Street cautious ahead of an eventful week
Morgan Stanley said any tinkering with long-term capital gains tax (LTCG) on equities – either an increase in the investment duration, to qualify as long-term, from 12 months to two or three years, or raising the effective tax rate to 15%, from 10% currently – will result in investors becoming more risk-averse when it comes […]