Two entities offload GMR Airports Infra shares worth Rs 330 cr via block deal
According to block deal data available with the BSE, two entities — C/D Investors Fund LP and H/D Investors Fund LP — sold a total of 8,86,58,600 shares, amounting to a combined stake of 1.5 per cent in the company
Nifty forms bullish candle. What traders should do next week
Nifty today formed a bullish candle with a longer lower shadow on the daily and weekly scale, which indicates buying interest on declines. Now, it needs to hold above 17,850 zones, for an up move towards 17,950 then 18,081 zones whereas supports are placed at 17,777 and 17,650 zones, said Chandan Taparia of Motilal Oswal.
India’s forex kitty jumps USD 3.03 bn to USD 576.76 bn in third weekly rise
It can be noted that in October 2021, the country’s forex kitty had reached an all-time high of USD 645 billion. The reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments.
Chart Check: After 40% rally in 3 months, winning run likely to continue in this smallcap stock
Earlier this week, the stock gave a range breakout which has now opened room for the stock to head towards Rs 600 levels in the next 6 months or so, suggest experts. Most of the technical indicators such as Aroon Up/Down & MACD indicator suggest a possible firm uptrend.
Mark Mobius says Adani’s debt pile ‘scared us away’ from share sale
The selloff deepened after Bloomberg reported this week that units of Credit Suisse Group AG and Citigroup Inc. have stopped accepting some securities issued by Adani’s companies as collateral for margin loans to wealthy clients.
Titan shares climb over 5% post Q3 results. Should you buy, sell or hold?
Continuing its growth trajectory, the watches and wearables business recorded a total income of Rs 811 crore, up by 15% compared with last year’s quarter. The business reported an EBIT of Rs 89 crore, with an EBIT margin of 11%.
Hot Stocks: Global brokerages on SBI Life, Power Grid, Sunteck Realty, and PolicyBazaar
BofA Securities maintained a buy rating on Power Grid with a target price of Rs 244. According to the investment bank, there could be some pressure on RoE amid rising competition.A strong dividend payout is a good sign. However, earnings were down on higher interest expenses
Satisfied with Titan’s nine months performance of FY23: CK Venkataraman
Actually the gold prices are totally hedged by Titan and so when they go higher it does not mean that we buy at X and sell at 1.1X or something like that and make that 10%.
7 midcap stock ideas from Kotak’s model portfolio that can rally up to 46%
Brokerage firm Kotak Institutional Equities has selected long-term compounders and a few value stocks from its recommended midcap portfolio, which have the strength to deliver good returns. The brokerage firm believes that stocks like Cummins, Federal Bank and Shriram Finance will provide good opportunities to investors. Here is a list of 7 midcap stock ideas […]
Loan disbursements to come over a period of time and not upfront: Keki Mistry
We also increased the PLR or what we call the retail prime lending rate, which is applicable to individual loans. But the agreement that we have with individual customers up to very recently said that the interest rate resets once in three months.