Network18 Group to consolidate TV, digital ops; merge TV18 Broadcast with Network18 Media
Under the proposed merger scheme, shareholders of TV18 Broadcast will get 100 shares of Network18 Media for every 172 shares held in the former. Shareholders of E18 will receive 19 shares of Network18 Media for every 1 share held in the former.
Tech View: Nifty bulls losing momentum. What traders should do on Thursday
The support for the index lies at 20,850, below which the market may witness a healthy correction in the short term, he said. On the other hand, a move above 21,000 might trigger a resumption of the bullish trend.
9 midcap stocks with high dividend yields for your portfolio
According to data available on Trendlyne, 9 BSE midcap stocks such as Oil India, REC, Indraprastha Gas and Piramal Enterprises have delivered dividend yields of up to 5.8% to investors in the last one year.
Sunil Subramaniam on 2 sectors to bet on as 2024 elections loom
“A broad-based rally in largecaps – not market cap broad-based, but sectorally broad-based within the largecap space – would be the best strategy for investors to adopt. If they want to go beyond largecap funds, then flexi-cap funds represent a good option because they normally have 15-20% or maybe up to 30% in the broader […]
Bank of India QIP sees strong demand, subscribed 4.5 times
Pinebridge Capital Investments, Morgan Stanley Invesment Management, Millennium LLC, Jupiter Asset Management, Moon Capital Management LP and US based trading firm Jane Street Capital are among the large foreign investors who have placed bids, people familiar with the details said.
Bitcoin’s ‘jet-fueled’ 16% six-day jump takes token past $44,000
For now Bitcoin momentum is overshadowing any concerns that the surge is at risk of becoming too stretched. Smaller virtual currencies such as Ether, Avalanche and meme-crowd favorite Dogecoin have also been advancing.
Chart Check: Breakout from a rounding bottom formation makes this largecap IT stock a preferred buy; could hit fresh record highs
Short-term targets can look to buy the stock now for a possible target towards 1400-1600 levels in the next 3-6 months, suggest experts.
Adani stocks rally up to 16%; market cap crosses Rs 14 lakh crore mark
The Adani Group received a shot in the arm following a Bloomberg report that quoted an unnamed of the US International Development Finance Corporation (DFC) as saying that the allegations by Hindenburg Research were not relevant. The US agency had recently announced funding of $553 for the Group’s port business in Sri Lanka.
F&O stocks to buy today: Maruti, Kotak Bank among top 9 trading ideas
On the weekly options front, the maximum Call OI is placed at 21000 and then towards 20900 strikes while the maximum Put OI is placed at 20700 and then towards 20500 strikes.
Hot Stocks: Brokerages view on Eicher Motor, Bajaj Auto, Bandhan Bank, Asian Paints
CLSA said auto stocks are fairly valued led by a sharp rally in the stock price. “Recovery in volume growth seen in the two-wheeler segment. Affordable Electric 2-W are likely to come as a drag in margins. Expect premium motorcycles to grow faster,” said the note.