Millers seek raw sugar imports to make up for likely cane shortage
There are concerns about production of sugarcane in Maharashtra and Karnataka, which is likely to affect availability of sugar for consumption and for ethanol production for blending with petrol in these states, it said. India had last imported raw sugar in 2017, after which the country has been an exporter. In 2021-22, India was the […]
6 FMCG stocks touch their 52-week high, gaining up to 35% in a month
During Thursday’s trading session, the benchmark index Sensex rose around 385 points, closing at 66,265. Within this upward trend, six stocks from the BSE FMCG index reached their highest prices in the last 52 weeks. The 52-week high holds significant significance for specific traders and investors, as it functions as a vital technical indicator for […]
ASEAN: India focus on rice, millets to ensure food security
The Member States of the Association of Southeast Asian Nations (ASEAN) and India in the ‘ASEAN-Indian Joint Leaders’ Statement on Strengthening Food Security and Nutrition in Response to Crises’ declared to “exchange information on national policy frameworks, particularly for rice and other priority crop commodities.” Rice is a staple and critical component of regular diet […]
Tech View: Bull calls of Nifty @ 20,000 getting louder. What traders should do on Friday
The overall chart pattern is indicating a larger upside breakout of a broader consolidation/triangle pattern of the last 5 weeks and this is opening a potential upside target for Nifty around 20,000-20,200 levels over the next couple of weeks, said Nagaraj Shetti of HDFC Securities.
After Zerodha, Groww launches first index fund following Sebi approval
The scheme will predominantly invest in equity, while a small portion of funds will be invested in debt and debt market instruments.
Sectoral Spotlight: Auto sector set to ride on festive fuel. Which stocks should you piggyback on?
A look at the Nifty Auto index’s performance over the past one year suggests that it has done better than Nifty50 and also outperformed Nifty IT, Nifty Bank, Nifty FMCG, Nifty Metal and Nifty Media during this period while underperforming Nifty Pharma and Nifty Realty.
Method to madness? Why investors are pouring in thousands of crores into tiny SME IPOs
The exceptionally huge interest in SME IPOs comes even as mainboard offers are doing well and also despite the inherent risks associated with this segment, such as limited disclosure and lack of liquidity.
After Kamath brothers, Nazara to issue Rs 410 crore worth of shares to SBI MF
The gaming company will use the funds to invest in funding requirements and growth objectives of the company including for making strategic acquisitions and investments in various other companies, entities or gaming funds, the exchange filing said.
ONGC, Oil India among 5 stocks that may gain from rising crude oil prices
Brent crude and US West Texas Intermediate (WTI) crude futures traded above $90 and $87 per barrel, respectively.
G20 summit gives catbird seat to 3Ds of India story. What should investors do?
As world leaders say ‘Namaste India’ in New Delhi this week, one can’t help but take notice of the 3Ds – Demography, Digitalisation and Domestic consumption – of India growth story.