Niti Aayog plans policy to push local production of assistive devices
NITI Aayog has started discussions with the Indian Council of Medical Research (ICMR), World Health Organisation (WHO) and stakeholder ministries to firm up the blueprint for a national integrated policy on assistive devices, a senior government official told ET. India has an estimated 30 million persons with disability as per the 2011 census and over […]
Ahead of Market: 10 things that will decide D-Street action on Friday
A small negative candle was formed on the daily chart with minor upper and lower shadow. Technically, this market action hints at a formation of a spinning top type candle pattern at the new highs
Dollar hits 6-month high after data, ECB announcement
The dollar index was last up 0.5% at 105.18, just off the 105.31 level hit earlier in the day, its highest since March 10
Rly, defence and power stks will be trending for 3-5 yrs: Sanjiv Bhasin
“The under ownership in railway, defence and power continues to be a sour spot. There are enough people who are calling it for a top and so on. They may be when stocks go up 300%; if a 20% downside happens, there will be alarm bells but in no way can you change the future […]
10 PSU stocks touched their 52-week high; gain up to 70% in a month
In Thursday’s trading session, the Sensex benchmark index saw a rise of around 52 points, closing at 67,519. Amid this upward trend, 10 stocks listed in the BSE PSU index reached their highest prices in the last 52 weeks. The 52-week high acts as a vital technical indicator for evaluating a stock’s current value and […]
LIC presents dividend cheque of Rs 1,831 crore to Finance Minister Nirmala Sitharaman
LIC Chairman Siddhartha Mohanty presented the dividend cheque as the government’s share of dividend in the presence of Department of Financial Services Additional Secretary MP Tangirala, the insurer said in a statement. The dividend was approved by the shareholders in the annual general meeting held on August 22, it said.
Tech View: Nifty charts hint at short-term top formation. What traders should do on Friday
Any decline from here could drag the Nifty towards the immediate support of around 19950 levels. A decisive up move above 20200 levels is expected to pull Nifty towards another hurdle of 20450 levels, said Nagaraj Shetti of HDFC Securities.
In sweet spot! Sugar stocks rally up to 13%. Here’s why
The Fast developing El Nino conditions are likely to result in a decline in net sugar production by 4 mt 12%, specifically in Maharashtra and Karnataka, the note said adding that this would keep domestic sugar prices firm for the next one year.
Chart Check: This PSU bank hits fresh 52-week high in September; should you buy?
On the daily charts, the stock recently climbed above the 50-DMA earlier in September which is a positive sign for the bulls. It is trading above most of the crucial short- and long-term moving averages.
These 5 stocks held by atleast 5 MF schemes gave multibagger returns in FY24
Money flew into the midcap and smallcap funds in all the months of 2023. While midcap funds garnered inflows worth Rs 14,444 crore, smallcap funds attracted inflows of Rs 26,305 crore. On the contrary, largecap funds have seen net outflows of Rs 3,607 crorein the same period.