Duds of 2023! UPL among 5 stocks that disappointed investors
Sensex and Nifty have hit all-time high levels in 2023, but these 5 stocks have disappointed investors and fared unlike their return potential at the start of the year. Take a look (Source: ETNOW)
Warburg Pincus offloads 1.3% stake in IDFC First Bank for Rs 790 crore
As of September-end, Dayside Investment held 1.3% in the company. Cloverdell Investment, another affiliate of Warburg Pincus, also holds a 2.74% stake in IDFC First Bank.
Tech View: Nifty bulls take a breather ahead of RBI policy. What traders should do on Friday
“If today’s uninspiring session is any indication, then Nifty will waver and trade choppy in tomorrow’s session, with the biggest hurdle now seen at the psychological level of 21,000, while the biggest support is placed at the 19,521 mark,” says Prashanth Tapse, senior VP – research, Mehta Equities.
LIC reclaims Rs 5 lakh cr market cap; stock hits 52-week high
With Thursday’s jump in LIC shares, the second-largest PSU by market cap, surged another 19 per cent this week. During the day, LIC shares hit a 52-week high of Rs 800 on the NSE and Rs 799.90 BSE, breaching the Rs 5 lakh crore market cap of the state-owned insurer.
CEA Anantha Nageswaran exhorts private sector to begin investment
V Anantha Nageswaran, India’s Chief Economic Advisor (CEA) said that the private sector is conserving its resources rather than investing. While advising the private sector to invest, he said, “Waiting for demand to arise before they start investing will be to delay the onset of such demand conditions happening.”
One-sided carbon tax measures by advanced nations go against Global South: FM Nirmala Sitharaman
Speaking at the Global Economic Forum 2023 in the National capital, the minister also said “no spectacular announcements are made in the Vote On Account”. The Interim Budget that the government typically presents is just to be able to meet its expenditure until a new government comes in, she added. The event was organised by […]
Brokerages initiate coverage on BSE & 4 other stocks, see up to 33% upside
A host of brokerage firms have initiated coverage on several stocks. They see a strong potential in these companies, which include BSE, Arvind Fashions, and JSW Energy, with a targeted upside of up to 33%.
A multibagger in 8 sessions, this Adani stock is on a rampage on Street
The Adani Group stocks have been rallying on favourable triggers including the Bharatiya Janata Party’s (BJP) electoral wins in three key states in the Hindi heartland viz. Madhya Pradesh, Rajasthan, and Chhattisgarh, lending more confidence to the Street on the return of the incumbent government in the 2024 general election.
‘Buy on rumour, sell on news’ in play? Network18, TV18 stocks plunge post merger news
TV18 Broadcast and e-Eighteen.com Ltd will be merged with Network18, the companies said through separate exchange filings. Following this, shares of both companies plunged in trade on Thursday.
Sugar exporters eligible for RoDTEP benefits: Gujarat High Court
Setting quota for shipment of sugar doesn’t make it a ‘restricted’ category to claim benefits under the export-promotion scheme, rules Gujarat High Court