Golden Crossovers: Sona BLW among 5 stocks signalling further 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
At multi-year highs: Titan & 6 other stocks gave 5-year breakouts
In the NSE list of stocks with a market cap of over Rs 10,000 crore, seven stocks crossed their previous 5-year high value at the close on May 29
Big Movers on D-Street: What should investors do with Prince Pipes, M&M and ONGC
Indian equity markets began the week by rising due to the positive outlook in global markets and breakthroughs in US debt ceiling negotiations. The S&P BSE Sensex increased 344 points while the Nifty50 settled at 18,598 levels. The consumer durables and metals sectors gained the most, while oil and gas, IT, and energy were the […]
MFs shy away from AT-1 bonds amid tighter rules
Data provided by CRISIL Market Intelligence and Analytics to ET showed that MF investments in AT-1 bonds crashed to ₹5,382 crore in April 2023, from ₹25,057 crore in January 2020.
Adani Transmission posts 85% rise in consolidated net in Q4
In a regulatory filing, the company said the increase was primarily driven by one-time income of ‘148 crore from regulatory order in the transmission business (a net positive impact of ’21 crore after adjusting for a provision of ‘131 crore (net of tax ‘101 crore) and aided by a mid-term true-up order by the regulator […]
Political stability helping drive investments to India: Chip Bergh, CEO, Levi Strauss
Levi Strauss & Co.’s CEO, Chip Bergh, has praised India’s political stability as a driver of consumer demand and foreign investment. Bergh attributes the high degree of consumer optimism in India to a perception of political stability, creating an environment where investments feel safe.
Analysts pencil in 38% upside for M&M after a robust Q4
Shares of the Mumbai-based automotive company ended at ₹1,325.05 apiece, up 3.7% from the previous close. It was the top index gainer and among the best performers in the NSE 500 universe.
India reclaims spot in world’s top 5 markets
Jefferies Financial Group Inc. last week raised the weighting of Indian stocks in its Asia Pacific ex-Japan model portfolio to reflect the disappointments in the Chinese stock market after a strong rally earlier this year.
Sensex rises to 6-month high, briefly scales 63K
Benchmark indices rose to their highest level in nearly six months led by the financials, with the Sensex briefly surpassing the 63,000-mark before trimming some of its gains.
RBI Guv flags governance gaps at some banks
The MD & CEO is expected to function under the overall supervision, direction and guidance of the board and at the same time, maintain independence in performance of duties. At times, however, we have noticed the dominance of CEOs in board discussions and decision making.