RIL, HDFC Bank are poised to drive the market: Sanjiv Bhasin
“ I am looking at 20,000 coming, whether it comes next week, today or by the end of the month it is very much on the cards that new highs are here. The index has consolidated enough and maybe for a day or so, consolidation may continue. But we are going to outperform in the […]
Adani Power promoter entities buy 2% stake via open market; cumulative holding tops 70%
Ardour Investment Holding and Emerging Market Investment DMCC, who are part of the promoter group entities, acquired 7.92 crore shares or 2.06% stake in Adani Power between September 26 and November 16. In the early part of September, promoter entities Fortitude Trade and Investment Ltd and Emerging Market Investment DMCC had acquired 8.5 crore shares […]
Tech View: Nifty shows strong resistance around 19,850. Here’s what traders should do next week
The positive chart pattern like higher tops and bottoms is intact as per the daily chart and Thursday’s swing high of 19,875 could be considered as a new higher top of the sequence. Hence, any decline from here could open a possibility of higher bottom formation around 19,600 -19,550 levels in the coming sessions, said […]
F&O Trading Strategy: Nifty Bank closes below 44000. What’s in store for Monday
The RBI’s announcement on consumer loans weighed on financials and the weakness could continue in the coming week as well. The crucial support for the index on the downside is placed at 43,300 level while a breach of the same could push the index towards 42000, suggested experts.
ETMarkets Smart Talk: We see Nifty50 hitting 21,500 levels in Samvat 2080: Ashish Chaturmohta
“In the 1st Term of our Prime Minister we saw the clean-up activities, In the 2nd Term we saw reforms and we believe the 3rd Term would be an execution and results-based term where India would try to hit new and ambitious targets and Samvat 2080 would mark the beginning of the same.The Nifty50 has […]
Ace investor Mark Mobius plans a new venture in Dubai
Dubai, where Mark Mobius has lived for the past three years, has emerged as a favored destination for investment banks, asset managers and hedge fund traders, who are drawn by its ease of doing business, tax-free status and allure as a global travel hub. It’s also a more friendly time zone for portfolio managers who […]
Part of ACC battery PLI sops may go to supporting renewable energy
The ACC PLI programme is presently being speared by the Ministry of Heavy Industries. Deliberations are also underway within the government to cede administration for some of the battery PLI supports to the Ministry of New and Renewable Energy.
Mutual funds miss the multibagger bus in these 5 smallcap stocks. Should you chase?
Action Construction Equipment, Jyothy Labs and ITD Cementation India – to give returns going up to 174% in the last one year.
IndusInd Bank, Adani Power among 8 large & midcap firms where promoters pledge increased in Q2
Pledging of shares is one of the options that the promoters of companies use to secure loans to meet working capital requirements, and personal needs and fund other ventures or acquisitions.
Paint stocks jump up to 5%. Here’s what fueling the surge
Brent futures were up 10 cents, or 0.1%, at $77.52 a barrel at 11.17 am on Friday, while US West Texas Intermediate crude (WTI) was up 13 cents, or 0.18% at $73.05.