Stocks to buy today: NTPC, ONGC among top 8 trading ideas
India VIX was up by 2.61% from 10.90 to 11.18 levels in the previous session. Volatility was slightly on the rise but is still trading at its lower band.
Big movers on D-Street: What should investors do with Strides Pharma, Tata Steel and Sun TV?
Stocks that were in focus included names like Strides Pharma, which fell 1.84%, Tata Steel, which rose 1.22%, and Sun TV, whose shares declined 1.28% on Tuesday.
Positive Breakout: Pidilite Industries and 5 other stocks cross above their 200 DMA
JPMorgan sees India in its top 3 fastest-growing Asia markets in 2024
India is expected to be one of the fastest-growing markets for JPMorgan in the Asia Pacific region next year, according to Filippo Gori, JPMorgan’s CEO for Asia Pacific. He believes India could benefit from the “China plus one” strategy as global companies look to diversify their supply chains beyond China. India’s ability to absorb part […]
Canada’s lentil sales to India slow after Trudeau raised murder suspicions
Canadian lentil sales to India have slowed down after Canadian Prime Minister Justin Trudeau accused India of involvement in an assassination on Canadian soil. This has led to fears of reprisal from India, potentially limiting trade between the two countries. India is the main importer of lentils from Canada, and reduced purchases could impact Canadian […]
India to hold top spot for economic growth but risks to downside remain – Reuters poll
India is predicted to be the fastest-growing major economy this fiscal year, driven by government spending ahead of the general election. However, economists warn that growth is still below potential and could be hindered by a weak monsoon season and sluggish private consumption and investment. The Reserve Bank of India is expected to cut rates […]
Shreyas Shipping’s book-building for delisting complete
Transworld Holdings (THL), the promoter of Shreyas Shipping, offered to acquire shares of the company from the public shareholders in May at an indicative price of ₹338. The indicative price was revised to ₹375 this month. The floor price determined as per delisting regulations was ₹292 per share.
Manoj Vaibhav IPO gets 2.25 times bids
The qualified institutional buyers’ portion was subscribed 1.06 times.
Global money with global rules of play
Essentially, the domestic government bond market will be watched in accordance with certain global criteria of liquidity and trading ease. The sovereign credit rating and tax policies of the government also assume greater significance as large dollar inflows enter India.
Moody’s downgrades Vedanta Resources on debt rejig concerns
“The downgrade reflects elevated risk of debt restructuring over the next few months because VRL has not made any meaningful progress on refinancing its upcoming debt maturities, in particular the $1 billion bonds maturing each in January 2024 and August 2024,” Kaustubh Chaubal, the lead Moody’s analyst on the conglomerate, said Tuesday.