Red sea conflict may make basmati rice exports costlier
Moreover, overall exports face a shortfall of about $4-5 billion this year after India curbed exports of wheat, rice and sugar amid rising prices though the growth in exports of other farm commodities will offset the export deficit.
Tech View: Nifty closes above 10-DMA. What traders should do on Friday
Nifty recently demonstrated resilience, rebounding strongly from a critical support level at 21,000, affirming a bullish sentiment. The index closed above its 10-day moving average, signaling positive momentum. Key levels to monitor include 21,000 as immediate support and 21,300 as the initial resistance.
After stellar debut, DOMS Industries shares fall 7% to day’s low on profit booking
In the long run, analysts still believe the stock does give value in holding, but buying on dips or after further scrutiny of the company in the coming quarters would be prudent.
Retail inflation for farm workers rises to 7.37 pc in November, 7.13 pc for rural labourers
Food inflation stood at 9.38 per cent and 9.14 per cent for agricultural and rural workers, respectively, in November compared to the respective figures of 8.42 per cent and 8.18 per cent in October 2023, and 6.19 per cent and 6.05 per cent recorded in the corresponding month of previous year (November 2022), a labour […]
Mid and smallcap stocks rebound sharply; was a bear attack just a 1-day show?
Mazagon Dock Shipbuilders, JSW Energy, NHPC, Coromandel International, Oil India, Indian Railway Finance Corporation, and Sona BLW Precision were the major gainers in the midcap space, rising 3-6%. In the smallcap segment, Zensar Technologies, Morepen Laboratories, PC Jeweller, Metropolis Healthcare, Arman Financial Services, HBL Power Systems, and Tarsons Products surged 5-10%.
PSU bank stocks steal limelight from private sector peers in 2023; will they do so in 2024?
But if we broaden the analysis, second rung private sector banks did extremely well and even beating them was the entire public sector banking pack.
Tech Stock Pick: Up 20% in a month! Cochin Shipyard gives a breakout from a Rounding Bottom pattern
The stock rose from Rs 1081 as on 17th November 2023 to Rs 1307 recorded on 19 December 2023 which translates into an upside of over 20% in a month. The stock hit a record high of Rs 1337 on 19 December.
BEL’s FY24 margin guidance of 21-23% is intact; exceeded sales guidance: Bhanu Prakash Srivastava
“Challenges are there, supply chain challenges. Semiconductor continues to be a challenge. Though there was easing up, there are devices where OEMs are putting long delivery times. Similarly, the impact of the Israel war is still there. So, we are working out to mitigate these challenges.Exports, whatever we committed this financial year around $90 million, […]
Supreme Power Equipment SME IPO opens for subscription. All you need to know
Supreme Power Equipment IPO: The company is currently engaged in the areas of manufacturing, up-gradation, and refurbishment of transformers ranging from power transformer, generator transformer to rectifier transformer.
SME IPO: Sameera Agro issue opens today. Key things to know
The company is a multi-faceted infrastructure development and construction of residential, commercial spaces, apartments, townships, multi-storied complexes, gated communities, landscapes, and other related works