These 5 commodity stocks hit a new 52-week high. Do you own any?
Star Performers! 9 NSE 500 companies with solid profit & sales growth in Q4
ETMarkets analysed NSE 500 companies that reported over 50% YoY sales growth and 100% YoY profit jump in Q4. Nine companies made the cut.
Check out the most-valued retail companies in India
Avenue Supermarts is the largest company by market cap in the retail segment.
India to push for creation of Artificial Intelligence-based portal at G20
“An international body such as the UNCTAD could house it”, a senior government official said. The discussions are at initial stages but the attempt is to push for tangible outcomes that can provide some solution, the official added. It will attempt to push some of these issues at the upcoming meeting of the Trade and […]
Cost overruns decline to 20.34% in April, says new MoSPI report
Indian infrastructure projects’ anticipated costs were 20.34% higher than the original costs as of May 1, according to a report by the Ministry of Statistics and Programme Implementation. The total cost at INR27.5tn ($370bn) was INR4.65tn higher than the original cost. Among the central government’s 1,605 infrastructure projects worth INR150 crore and above, 54% of […]
Higher Rs 1,000 notes detected in FY23, fake Rs 500 notes jump: RBI annual report
Overall a total of 2.25 lakh fake notes were detected during the fiscal down from 2.30 lakh a year ago. Besides the sharp increase in the demonetised Rs 1000 notes, counterfeit notes of the newly introduced Rs 500 notes also rose sharply, increasing 14% to 91,110 pieces in 2022-23 from 79,669 pieces a year ago.
Nvidia set to become first US chipmaker valued at over $1 trillion
Nvidia is on the verge of becoming the first US chipmaker to reach $1tn in market valuation. The company’s shares rose 3.8% to leave it valued at $998bn. Nvidia’s revenue forecast has increased more than 50% and, with its shares up by nearly 25% last week, other chipmakers have also seen gains. However, with a […]
Sharp jump in foreign exchange income boosts RBI dividend for FY2023
While income for the year increased by 47.06 per cent to its highest ever at Rs 2.65 lakh crore , the expenditure increased by 14.05 per cent. The year ended with an overall surplus of Rs 87,416.22 crore that was transferred to the government in the form of dividend as against Rs 30,307.45 crore in […]
Tech View: Nifty consolidation not over yet. What should traders do on Wednesday
Indian stocks closed higher with Nifty forming a bullish candle on the daily charts and giving the highest close of the last 112 sessions. Support exists at 18,550 and 18,442 zones, while immediate targets are 18,750 and 18,888 zones. India VIX was down 2.36% and option data suggested a trading range between 18,400 to 18,800 […]
PSU index on verge of breakout: 4 stock ideas that can rally up to 206%
Nifty PSU index s expected to pick up pace once RSI crosses 70 levels. ADX is trading above 24 levels which usually signals a strong uptrend in the making.