F&O Ban: Delta Corp, Balrampur Chini under ban for trade on Monday
According to data available on Trendlyne, the MWPL for Delta Corp stood at 89.6% on Thursday with OI reported by Trendlyne at 15.9 million. It was down 3.3% from the previous session.
Hot Stocks: Brokerages on HDFC Bank, Infosys post Q4 results and Bharti Airtel
ICICI Securities maintained a buy rating on Bharti Airtel with a target price of Rs 960. “The biggest disappointment for Bharti we have heard from investors is the lack of free cash flow (FCF) generation in the past, which has capped shareholder value creation,” the brokerage said.
Rupee falls 12 paise to 81.97 against US dollar
The rupee depreciated 12 paise to 81.97 against the US dollar in early trade on Monday, weighed down by firm crude oil prices and a negative trend in domestic equities. Forex traders said the strengthening of the American currency in the overseas market also weighed on the local unit.
Golden Crossovers: These 3 stocks signal further bullishness
In the NSE list of stocks, three stocks with a market cap of over Rs 1,000 crore are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks’ […]
ETMarkets Fund Manager Talk: A balanced diversified strategy helped this smallcase manager give index-beating returns
We generated 15% returns when compared to -2% from multi-cap index. This is the result of following a well-balanced diversified strategy and not running after the short term themes in the markets.
Big Movers on D-St: What should investors do with DLF, United Spirits and AU Small Finance Bank?
On the daily and weekly charts, the stock has formed a promising breakout continuation formation. The texture of the chart suggests an uptrend continuation formation which is likely to continue in the near future.
ETMarkets Smart Talk: India is favourite investment destination but still expensive compared to EMs: Sumit Chanda
Closer to home, while the RBI has paused the rate hikes it is still not done with the fight with inflation. The possibility of a “below-normal” monsoon is going to stoke inflation further.
Dollar rebounds on higher expectations for Fed hike in May
Adding to the mix of resilient U.S. economic data was a strong run of first-quarter 2023 earnings from JPMorgan Chase & Co, Citigroup Inc and Wells Fargo & Co, brushing off concerns about a banking crisis that unfolded in March.
Coca-Cola set to buy minority stake in Thrive
Will push consumers to order its beverages only with orders on food delivery platform.
NBFC profits to be led by lenders with housing, vehicle and consumer finance focus
Bajaj Finance, Cholamandalam Investment and Finance and Shriram Finance may lead the growth due to strong consumer demand and as they continue to have access to funds.