Sunflower oil prices fall as Ukraine ships stock to India
Ukraine is also offloading a lot of wheat in the global market, they said, adding this may impact wheat prices in India, which have shot up 10-11% in the past two months. While wheat prices may cool off, they said, rice prices have increased 15% in the past fortnight as the rabi rice crop in […]
Jupiter Wagons, Faze Three among top smallcap additions by MFs in May; Dollar Industries, Sirca Paints major exits
Indian mutual funds purchased equities worth Rs 2,447 crore in May, compared to selling Rs 4,533 crore in April, according to IDBI Capital. In the small-cap sector, some of the major holdings added to portfolios include Jupiter Wagons, Nexus Select Trust, Carysil, Chennai Petroleum Corp and Faze three. In May, retail investors saw a halving […]
5 concepts about money Radhika Gupta wants you to never forget
Radhika Gupta, MD & CEO, Edelweiss Mutual Fund in a Twitter thread shared five thoughts about money that she would want her child to learn first.
These 8 PSU stocks touch their new 52-week high. Do you own any?
Ahead of Market: 10 things that will decide D-Street action on Tuesday
Indian equities snapped a two-day losing streak, with the Nifty ending above 18,600 points on Monday, driven by positive global cues and optimistic expectations surrounding India’s economic growth. Sectors including IT and real estate were among the major gainers.
Government imposes stock limits on wheat till March 2024; to offload 15 lakh tonnes under OMSS to check prices
“There has been an uptick in wheat prices in the past month. There has been an increase of close to 8 per cent at mandi level. Though wholesale and retail prices have not gone up that much, the government has imposed stock limit on wheat…” Food Secretary Sanjeev Chopra told reporters here.
Tech View: Nifty forms Doji candle. What traders should do on Tuesday
The Nifty is forming a tight consolidation pattern between 18,550 and 18,630, indicating indecisiveness between buyers and sellers. It must hold above 18,636-18,676 zones for an up move towards 18,777 and 18,888 zones while on the downside support exists at 18,550 and 18,480 zones. The India VIX is up from 11.12 to 11.24 levels, suggesting […]
Rough Ride! Media sector hit hard this year, 5 stocks plummet 15-30%
Momentum Pick: Maruti Suzuki may give Rs 1,300 per share gains. Here’s how
Maruti Suzuki India stock is in a strong uptrend with a potential upside of around 14%, or over Rs 1,300 per share, based on the current chart structure and robust fundamentals. Prabhudas Lilladher remains positive on the growth prospects of MSIL as the automaker gained market share and increased ASP filling white spaces in UV […]
Sectoral spotlight: Auto stocks step on gas pedal; M&M, Maruti, Tata Motors top buys
The Indian automobile sector witnessed a broad-based rally in the past week with the 15-stock Nifty Auto index outperforming the broader Nifty50, and has given over 28% returns in the 12-month period. Aamar Deo Singh, Head Advisory at Angel One recommended investors book part profits and trail the balance as short-term indicators in Nifty50 are […]