El Nino likely to hit rabi crops: Top weather forecasters
Winter rainfall is crucial for key rabi crops like wheat, chana and mustard. El Nino, an ocean-warming weather pattern that occurs every 2 to 7 years, was expected to impact the monsoon rainfall in the second half of this season. However, now it looks like El Nino forming earlier than initially expected.
India Firm on data & patent red lines in trade pacts with UK, EU
India is firm on its red lines on cross-border data flows as there is no ecommerce policy at present, while any commitments on data exclusivity and patent extensions would impact the manufacturing and distribution of generic medicines, officials said.
Major sectoral indices trump last year’s show, rise up to 19%
ETMarkets’ analysis showed that major sectors, barring Oil & Gas, managed to rise up to 19% in the first half of CY23.
These 6 auto stocks touch new 52-week high, do you own any?
Ahead of Market: 10 things that will decide D-Street action on Thursday
Indian equities reached a new record closing high and rose by 0.21% for Nifty, with Sensex increasing 0.31%, supported by foreign investor inflows focused on financial services, PSU Bank, and oil and gas. However, there are concerns about global issues and a delayed monsoon, with net selling by FIIs and the dampened sentiments due to […]
Power stocks shine amid market consolidation: Is it a cause for concern?
Power stocks have been defying the downward trend of the overall market, surging to new heights due to their stability, the ongoing global shift towards renewable energy sources, and investor focus on environmental, social and governance (ESG) factors. The Government of India’s ambitious target of achieving 450 GW of renewable energy capacity by 2030, coupled […]
Rs 126 crore wrongful profit! Sebi finds stock manipulation in 5 smallcaps
The regulator has issued impounding orders amounting to Rs 126 crore towards wrongful gains made by the entities by indulging in stock price manipulations.
Tech View: Nifty forms Doji candle ahead of Thursday expiry. What traders should do
Nifty formed a Doji-type candle on Wednesday, indicating indecisiveness and volatility at highs, according to Ashwin Ramani, Derivatives & Technical Analyst at SAMCO Securities. A close below the Doji candle low may prompt profit booking while a close above the Doji candle high could lead to new longs. Bank Nifty, meanwhile, has consolidated around the […]
Wait and watch! Both investors and traders to get better entry points later: Rohit Srivastava
“When we say that we are in a bull market and if we probably resumed that phase now from the lows of March, then what we are really seeing is a very broad-based advance in the market where every sector ends up participating. One cannot say that when FMCG goes down, auto goes up. But […]
Varun Beverages only Nifty FMCG stock to turn multibagger; will spirits remain high?
Varun Beverages, Pepsico’s second-largest franchise outside of the US, has seen a significant increase in share prices. The company is the only one belonging to the Nifty FMCG index that has garnered multibagger returns in just one year. Such strong figures have been attributed to consistent earnings growth upgrades, near-monopoly positions in the beverages industry, […]