Majority of India-UK FTA issues either closed or at advanced stage of talks: Official
Majority of the issues in the proposed FTA between India and the UK are either finalised or at an advanced stage of talks, according to a government official. The 14th round of negotiations is currently underway. Talks are also progressing on the proposed BIT. Meanwhile, the seventh round of talks for the proposed trade deal […]
Jyoti CNC Automation’s listing on Tuesday marks first IPO debut of 2024. Here’s what GMP indicates
The IPO of Jyoti CNC Automation received a healthy response from investors with 38.5 times overall subscription.
These 5 outperformers have lower PEs than their industry
According to Trendlyne, these 5 stocks outperformed their industry. The counters have better durability and momentum, and they have PE lower than the industry. Take a look:
Motilal Oswal MF rakes in Rs 622-crore profit via stake sale in Zomato, 5 FPIs pick shares
The domestic mutual fund firm sold 4.5 crore shares or 0.5% stake in Zomato at Rs 138.15 a share, according to block deals data on the National Stock Exchange. As of December-end, Motilal Oswal MF held a 1.83% stake in the new-age consumer technology major. The selling exerted pressure on the stock, as it closed […]
India gets Rs 16.93 lakh cr investment in power, RE since 2014, Rs 17.05 lakh cr in pipeline
Rs 17.05 lakh crore investment in power and renewable energy sector; 80 GW thermal power generation capacity under construction; 99 GW renewable energy under construction; Rs 16.93 lakh crore invested in power and renewable energy sectors so far; Rs 7.4 lakh crore investment in power sector; India’s power generation capacity to increase to over 800GW; […]
Tech View: Nifty forms hammer candle on daily chart. What traders should do on Tuesday
On the derivative front, the 21,700PE strike added the highest open interest. With this, the supports are now dragged to the higher levels of 21,700-21,600 and sustenance above this zone on a closing basis will aid in garnering further bullish strength, StoxBox said.
Porinju Veliyath picks up additional stake in this smallcap multibagger in December quarter
The smallcap counter has delivered multibagger returns of over 200% in the past 12 months, which is significantly higher than Nifty itself, which has delivered impressive returns of over 23% during this time.
Commerce ministry calls stakeholders’ meet on WTO issues on Jan 20
The issues which would figure in the 13th Ministerial Conference include agriculture, food security, dispute settlement reform, e-commerce moratorium, and fisheries subsidies.
Railways stocks jump up to 19% ahead of Budget 2024
Railway stocks like IRFC, RVNL, Jupiter Wagons, Titagarh Rail Systems, and Texmaco Rail & Engineering surged up to 19% ahead of Budget 2024. IRFC shares reached an all-time high of Rs 134.5 and have seen significant growth in the past month, six months, and two years. RVNL shares also hit a 52-week high of Rs […]
DMart’s strong Q3 numbers fail to impress Street. Here’s what brokerages say
A clutch of top domestic brokerages retained their ratings on DMart’s stock with cosmetic changes. While Motilal Oswal maintained a buy view on DMart shares, Nuvama retained a ‘Hold’ stance. Kotak Institutional Equities, on the other hand, reiterated a ‘Sell’ view.