India, EU for expediting ongoing talks for trade agreement
Both sides also affirmed their commitment to work together on common priorities for WTO (World Trade Organisation) reforms including issues pertaining to the dispute resolution mechanism, subsidies on agriculture and fisheries, ecommerce moratoriums as well as domestic legislation, the commerce ministry said.
India plans to challenge EU carbon tax at WTO: Sources
Last month, the European Union approved the world’s first plan to impose a levy on high-carbon goods imports from 2026, targeting imports of steel, cement, aluminium, fertilisers, electricity, and hydrogen, aiming to become a net zero emitter of greenhouse gases by 2050, ahead of India’s target of 2070.
2 top stock recommendations from Sudeep Shah
Nifty is also around 18400 so it is a big rally now. If for a couple of days if markets go into a consolidation of 50-100 points on Nifty and a couple of hundred points on Bank Nifty, it is absolutely fair. And for me on Bank Nifty 43800 for the morning lows will act […]
Import of laptops, PCs, medical devices, solar cells from China fall in FY23: GTRI
Import of medical equipment declined 13.6 per cent to $2.2 billion last fiscal year as compared to 2021-22. Similarly, import of solar cells, parts, diodes slumped 70.9 per cent to $1.9 billion in 2022-23. The report stated that import of laptops, PCs slipped 23.1 per cent to USD 4.1 billion and that of mobile phones […]
What should be the tactical allocation towards equities? Ashwini Agarwal answers
Within sectors, I think manufacturing is what I am quite positive about and within that autos and pharmaceuticals in particular because you will see a significant tailwind to margins from normalising raw material costs.
ETMarkets Management Talk: Physics Wallah records 3x jump in FY23 revenue, FY24 target of Rs 2,500 crore: Prateek Maheshwari
We experienced a remarkable three-fold increase in revenue, generating approximately Rs 780 crore ($95 million) in FY23 compared to Rs 233 crore in the previous year. We anticipate that the company will register a sizable profit for the year, indicating that our revenue growth is likely to translate into a significant increase in profits. We […]
Tech Mahindra among 4 stocks that jumped above their 200 DMAs
In the Nifty200 pack, these four stocks closed above their 200 DMAs (Daily Moving Averages) on May 15, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA […]
4 sectors Anand Tandon is bullish on for near term
What we have seen so far is that the top end of the market has not had any major impact. It is the bottom end, which has, reported problems. And we have seen that across the board in, for example, FMCG etc, the numbers have not been really exciting in the year gone by.
At multi-year highs: These 8 stocks gave 5-year breakouts
In the NSE list of stocks with a market cap of over Rs 1000 crore, eight stocks crossed their previous five-year high value at the close on May 15, suggesting bullishness in counters, according to stockedge.com’s technical scan data. Take a look.
Hot Stocks: Brokerages on Max Financial, Berger Paints, Polycab and HDFC Life
Jefferies maintained a buy rating on Max Financial and Polycab India based on their healthy growth trajectory, benefiting from the infra/capex/housing revival. Macquarie retained its underperform rating on Berger Paints, which reported slower Q4 sales performance, due to Grasim’s entry. But it maintained an outperform rating on HDFC Life, citing the management’s confidence in consistently […]