BHEL, Indiabulls Housing, IEX among 6 stocks under F&O ban on Wednesday
Six stocks, including Indiabulls Housing Finance, Indian Energy Exchange, The India Cements, Bharat Heavy Electricals, Manappuram Finance, and Delta Corp, were put under the F&O ban on Wednesday. Their contracts enter the ban zone when the open interest reaches 95% of the market-wide positions limit. Although banned for F&O trade, the shares will be available […]
Stocks to buy today: DLF, Havells among top 5 trading ideas
Indian market is expected to trade higher on Wednesday. S&P BSE Sensex increased by more than 400 points whereas Nifty50 closed above 18700 levels on Tuesday. India VIX is down to 1.16%, from 11.24 to 11.11 levels. Minor Call writing is perceived at 18900 then 18800 strikes while meaningful Put writing is seen at 18700 […]
Hot Stocks: Brokerage view on SBI Cards, Persistent Systems, Karur Vysya Bank and PCBL
Leading brokerage firms have recommended buy and underweight ratings for various companies. Jefferies has maintained a buy rating with a target price of Rs 1100 for SBI Cards and Payment Services. JPMorgan downgraded Persistent Systems to underweight with a target of Rs 4100. Emkay recommends a buy rating on Karur Vysya Bank with a target […]
Big Movers on D-Street: What should investors do with Olectra Greentech, ZEE and MRF?
Indian stock markets surged to a six-month high with Sensex rising 400 points and Nifty crossing the 18,700 mark as it reacted positively to macro data and strong global trends. The FMCG sector rose 1.38%, while consumer durables climbed 1.8%. Real estate, too, showed a jump of 2.94%. Stocks such as MRF and Olectra Greentech […]
ETMarkets Smart Talk-India eyeing $8 trillion GDP by 2030; Nifty heading for 20,000 in next few months: Amit Gupta
We believe the markets have factored many negatives like lower rainfall expectations, higher inflation, and interest rates, the US recession & banking collapse, Crude supply cuts, and the Russia-Ukraine war.
Trent surges to lifetime high on expansion road map
Apart from the Zudio stores, the Tata Group company will also add 30 Westside, and 10 Samoh stores this year, for a total investment of ₹800 crore, it said in its annual general meeting on Monday. The company also has Zara, Star Bazaar and Landmark stores in its fold.
Rajesh Exports fails to file auditor report
The gold refiner and manufacturer, which posted revenues of ₹3.4 lakh crore in FY23 and has a market value of over ₹17,000 crore, did not put out its audit report and a comparative number of cash flow statements when it announced its FY23 and Q4 results on May 30. Chartered accountants said the audit report […]
India’s disinflation process to be slow and protracted: RBI Governor Shaktikanta Das
Listing the key lessons of the post Covid years, Das said that being proactive and nimble footed during a crisis gave RBI the agility to respond speedily to evolving developments.
Indices’ 2-day losing streak ends ahead of Fed meet
Joshi said the odds are rising for the benchmark indices to make new highs after the Nifty consolidated in the 18,300-18,700 range amid wider participation. “Interestingly, the volumes during pullback have been low and that’s a bullish indication for the markets to test new highs,” said Joshi
SAT stays Irdai’s order on Sahara Life Insurance
The matter, along with another appeal, will be further considered and argued on August 3, 2023. JP Sen, Senior Advocate, represented Sahara Life in the proceedings, the spokesperson said.