Should you buy the slam dunk in Nazara & Delta? Dipan Mehta answers
“Post the GST rejig which has imposed 28% tax on gaming of all sorts, it is better to just stay away for two-three quarters. Let the dust settle down. Let us see what the real numbers are and how the impact has been and then take a call.”
Golden Crossovers: Dabur among 8 stocks signalling bullishness ahead
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.
Stocks to buy today: RBL Bank, Sun Pharma among top 8 trading ideas
India VIX was down by 3.90% from 11.46 to 11.01 levels on Tuesday. Volatility sunk lower and is hovering near its lower band which may support the bulls near immediate support zones.
ETMarkets Smart Talk- We pick mid and smallcap companies from the sectors which are highly unorganized: Amit Gupta
Emerging markets would take cues from the US equity markets. S&P500 results are likely to be better in Q3CY23. Thus, US markets can remain buoyant for some more time despite another two possible rate hikes and would see a decline if the earnings start coming lower than market expectations.
Big Movers on D-Street: What should investors do with Vedanta, Mazagon Dock and Tata Communications?
Bulls are trying their best to take prices above the range as in the last few days volumes rose. Once it breaches the resistance level of 288, we can expect a sharp up move in the stock.
Avoid railways but definitely buy defence stocks: Gautam Shah
There is a bit of a bump around that 45,500 number. Once that gets cleared, I think there is no looking back. And because it is covering up for three months of underperformance, the scope is huge.
Big tech’s dominance hits breakpoint for Nasdaq 100
The seemingly unstoppable growth of megacaps like Apple and Microsoft mean they have breached an upper limit imposed on stocks in the Nasdaq 100. As a result, Nasdaq has announced a “special rebalance” – the first ever of its kind – will be carried out to redistribute the weight of the index’s members.
Adani Enterprises raises Rs 1,250 cr through NCDs
The ports-to-cooking oil conglomerate has lately been raising both equity and debt capital as the promoters look to develop a ‘liquidity cushion’ to help with expansion and loan servicing.
In a usually strong quarter, TCS, HCL may have it hard
The unfavourable macroeconomic conditions in the key markets of the US and Europe have affected the spending behaviour of the clients, which is expected to affect the performance of the Indian software exporters. During such challenging times, the management commentary of these companies will be crucial in determining the medium and long term demand trend
SBI to sell up to Rs 10,000 crore of AT-1 bonds this week
SBI’s AT-1 bond sale is likely to have a base size of ₹3,000 crore and a green shoe option of ₹7,000 crore as the bank looks to raise capital amid strong credit growth, sources aware of the development said. Bidding for the bond sale is seen taking place from 10:30 to 11:30 am on July […]