Golden Crossovers: JK Paper among 3 stocks signaling further bullishness
At multi-year highs: Bharti Airtel among 8 stocks that saw 5-year swing high breakout
Big movers on D-Street: What should investors do with TCS, ICICI Pru Life and Bank of Baroda?
Stocks that were in focus included names like TCS, which fell 0.44%, Bank of Baroda, which rose 3.22%, and I-Pru Life, whose shares declined 2.63% on Wednesday.
Gold firm ahead of US CPI data on cautious Fed approach
Fed Governor Christopher Waller on Wednesday said higher market interest rates may help the Fed slow inflation, and let the central bank “watch and see” if its own policy rate needs to rise again or not.
Uncertainty, growth risks put Fed on cautious footing in September, minutes show
“A vast majority of participants continued to judge the future path of the economy as highly uncertain,” said minutes of a meeting where the U.S. central bank agreed to hold rates steady even as a 12-7 majority indicated in new projections that one more rate increase might be needed by the end of the year […]
Sterling & Wilson misses payments to lenders
At present, the account is classified as a special mention account-0 (SMA-0), which effectively indicates that payment is overdue for less than 30 days. This status can be reversed if the payments are made by the company.
TCS faces margin hit despite deal wins on growth concerns
Receding top line growth despite robust deal wins suggests that execution milestones for these projects are set farther in future, which may raise concerns since it would strain profitability
Manappuram aims to de-risk cyclicality and allocation stress with microfin arm listing
The separation of microfinance from the parent will mean that the company will take at least five years to get to its aspired 50:50 mix of gold and non-gold loans. Gold loans make up 56% of its assets under management (AUM) of ₹37,086 crore at the end of June. Nandakumar said that the pace of […]
Polycab, Paytm & Lodha among stocks likely to enter MSCI Global, draw $900-m inflows
Others likely to feature in the index and benefit from global passive fund inflows are Polycab India and Tata Communications, wealth firm Nuvama Alternative & Quantitative Research said.
Will Oct-Nov cheer up Dalal Street this year too?
“In the context of Nifty’s historical performance spanning the last two decades, a distinct and noteworthy pattern emerges,” said Dharmesh Shah, head-technicals, ICICI Securities. “Investors with an investment horizon of three months have found it profitable to initiate positions during the traditionally weaker month of September.