Golden Crossovers: These 5 stocks signal further bullishness
In the NSE list of stocks, five stocks with a market cap of over Rs 1000 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’ […]
Stocks to buy today: 3 short-term trading ideas by experts
Indian markets are set to consolidate due to muted global cues, with the BSE Sensex rising by nearly 100 points on Thursday, while the Nifty50 closed above 18,300. India VIX was down by 4.5% to 12.52 levels and has given strength to the bulls. Options data suggests a trading range of 18,000 to 18,600 zones […]
At multi-year highs: Bajaj Auto among 8 stocks that gave 5-year breakouts
In the NSE list of stocks with a market cap of over Rs 10,000 crore, eight stocks crossed their previous 5-year high value at the close on May 25, suggesting bullishness in counters, according to stockedge.com’s technical scan data. Take a look.
Big movers on D-Street: What should investors do with HDFC Bank, Chalet Hotels and Voltas?
Equity markets in India closed slightly higher due to late buying. Realty index rose 1.10% and FMCG increased by 0.69%. On the contrary, metal, commodities, energy and financial services were the top laggards. HDFC Bank shares have corrected by nearly 5%, and the medium-term chart structure remains bullish. Chalet Hotels rallied over 15%, reaching its […]
ETMarkets Smart Talk: We expect Indian equities to deliver 12-13% returns in next 12 months: Naveen Kulkarni
Overall, markets are well poised to deliver healthy returns as the earnings growth trajectory continues to remain strong, and equity markets will see healthy double-digit returns.
ECB registrations dropped by a third in FY23 amid a 516-bps rise in loan costs
Registrations for external commercial borrowing (ECB) by corporates fell to $26.6bn in the last fiscal year due to rising global interest rates. After gradually increasing during the first three quarters of 2022-23, registrations dropped in Q4. ECB inflows for the year totalled $23.8bn, only marginally higher than outflows.
China warnings flash across global markets as growth disappoints
Recent data suggest gross domestic product growth this year will be closer to the government’s target of about 5%, contrary to expectations of a large overshoot formed earlier in the year. The figures also show a lopsided rebound that’s being led by consumer services, while industrial activity lags far behind.
Reduced debt, valuations make these midcap stocks attractive
Most of them have used improved cash flows to cut debt for better ratings and equity valuations, despite disruptions to business due to the Covid-19 pandemic two years back.
BP, Petronas in race to invest in Greenko founders’ new platform
The new platform is planning to produce 4-5 MTPA of green ammonia, green methanol and electrolysers at Kakinada in Andhra Pradesh, incurring a capital expenditure of $10 billion.
India’s economy grew faster at 5.1% in Q4: Economists
An ET poll of 20 economists pegged growth in the January-March period in the 4.1-5.7% range with the median at 5.1%, higher than the 4.4% recorded in the preceding quarter.