What will be the impact of new SEBI proposals on AMCs? A Balasubramanian answers
And not necessarily that every recommendation that is coming in would pass through or would get accepted or would get rejected. Therefore, one has to just see within this which are the one would actually be dropped.
Golden Crossovers: These 4 stocks signal bullishness
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.
Positive Breakout: These 10 stocks closed above their 200 DMAs
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 on the daily time frame, it is generally considered to be an overall uptrend.
ETMarkets Smart Talk: Boost to middle class! India is in midst of a major infrastructure upgrade: Shiv Sehgal
The economic shock was anticipated in 2023 and we seem to be in a window right now where we are transitioning from the price shock into the economic shock –we are seeing issues within credit in US and the regional US banks.
Big Movers on D-St: What should investors do with Jindal Saw, M&M and Tech Mahindra?
The Indian stock market closed in the red for the third consecutive day on Thursday, with the S&P BSE Sensex falling more than 100 points. The Nifty50 closed above 18100 levels. Sectors saw buying in banks and selling pressure in realty, power, oil & gas, and utilities. Stocks in focus include Jindal Saw, which rose […]
QSR, lifestyle companies see slower sales in March quarter, April
The slowdown in sales growth for large quick-service restaurants, lifestyle, apparel, and discretionary products in India has been observed in the March quarter and in April. This slowdown is attributed to higher inflation, moderation in pent-up demand, and tighter financial conditions. While retail sales grew in strong double digits consistently over the past year, it […]
Analysts bullish on Airtel, see investor returns of up to 27%
Shares of Bharti Airtel advanced as much as 1.3% in Thursday’s trading before closing the day at ₹800 on the NSE, up 0.98% from the previous close with a spike in trading volumes. More than 10 million shares exchanged hands on both exchanges, up nearly 2.3 times its combined average daily volume.
PNB Housing’s Q4 net soars 64% on interest income boost
PNB Housing Finance reported a 64% rise in consolidated net profit at Rs 279 crore in the quarter ending March 31 over Rs 170 crore in the year ago period. Net interest income rose 57% to Rs 593 crore, while net interest margin increased to 3.74%. Pre provision operating profit rose 32% year-on-year to Rs […]
SBI’s annual profit tops Rs 50,000 crore
Net profit increased 83% to ₹16,695 crore in the quarter ended March 2023 from ₹9,114 crore a year ago. It crossed the ₹50,000-crore mark for FY23, the first time annual profit for any bank in India crossed that level.
SKS Power’s lenders to seek more time to seal resolution
The resolution process timeline, which was initiated in April 2022, ends on May 25 after taking into account the various procedural delays. But banks will petition the National Company Law Tribunal (NCLT) as soon as Friday to extend the timeline by at least 15 days to ensure enough time for voting.