7 Nifty50 stocks that saw over 5% EPS upgrades post Q1 nos
Seven Nifty constituents saw earnings per share (EPS) upgrades of over 5% for FY24 following their Q1 earnings. EPS is an important financial measure, which indicates the profitability of a company. It is calculated by dividing the company’s net income by its total number of outstanding shares. It is a tool that market participants use […]
NSE Indices changes criteria to calculate price-to-book value for indices
The changes in the criteria will take effect from September 29, NSE Indices said. NSE Indices has also revised the eligibility criteria for inclusion of stocks in several sectoral/market cap indices
Formal job creation under ESIC remains flat in June
As per the provisional payroll data of ESIC, released by the ministry of labour and employment on Thursday, around 24,298 new establishments have been registered and brought under the social security umbrella of Employees’ State Insurance Corporation in the month of June, 2023, thus ensuring more coverage. This is, however, a tad lower than 24,886 […]
India needs major supply side reforms to check wild swings in vegetable prices: RBI report
“The vulnerability of the economy to recurring incidence of vegetable price shocks, especially ahead of and during the monsoon, warrants major reforms in perishable supply chains covering transportation networks, warehousing and storage technologies, and value addition processes that damp the amplitude of these swings,” the central bank report said.
These 10 midcap stocks hit new 52-week highs amid market plunge
The 52-week serves as a vital technical gauge for evaluating a stock’s current worth and forecasting potential fluctuations in its price
Tech View: Nifty charts hint at non-directional nature. What traders should do on Friday
The negative chart pattern like lower tops and bottoms is active on the daily chart and the market has not shown any decisive upside bounce so far.India VIX was up by 0.99% from 12.12 to 12.24 levels. Volatility rose above 12.5 during the day and has been rising from the last few sessions
RIL’s Jio Financial to exit FTSE Global indices at zero value on August 22
Since Jio Financial Services (JFSL) did not commence trading after 20 business days, and no firm trading date has been announced by the conglomerate, the index aggregator decided to remove it from all indices.
8 PSU stocks deliver up to 9% dividend yield in last 12 months. Do you own any?
High dividend-paying stocks are the most sought-after on Dalal Street as they reward investors with consistent payouts irrespective of the market sentiments. According to an Axis Securities report, PSU stocks such as Coal India, ONGC, Oil India and REC delivered dividend yields of up to 9% to their investors in the last 12 months.
JPMorgan index may include India bonds in 2024
“According to our meeting with the index provider, India is keen on that inclusion even though it may not appear so to the outside,” Sabrina Jacobs, a senior client portfolio manager for emerging-market fixed income at Pictet Asset Management SA, said in an interview. “We are looking at mid-2024 as a start for the inclusion […]
Chart Check: After 20% rally in a week, this textile stock breaks out from symmetrical triangle pattern; time to buy?
The stock hit a record high of Rs 477 on 4th January 2023 but it failed to hold on to the momentum. The stock saw a vertical drop from record highs but managed to find support above 50-DMA on the weekly charts in March 2023.