Govt to discuss market access with trade allies
The commerce department has begun the exercise with barriers such as registration requirements, higher pesticide levels and domestic standards, put up by Africa and 12 Central Asian countries, including Russia, and would then study the restrictions imposed by other trading partners.
Kotak Bank Q3 result preview: PAT may grow 15% YoY on strong interest income, lower credit costs
Kotak Bank Q3 result preview: The private sector lender’s net profit for the quarter is seen rising 15.3% year-on-year (YoY) to Rs 3,219 crore, and net interest income is likely to grow by nearly 14% YoY to Rs 6,416 crore, the average of estimates given by 12 brokerage firms showed.
No trading in government bonds, foreign exchange and money markets on January 22: RBI
The 3-day variable rate repo (VRR) auction conducted by the RBI on Friday, which is scheduled to reverse on January 22, will now be reversed on January 23. Meanwhile, a 3-day VRR auction that the RBI had earlier said would be conducted on January 22 stands cancelled and instead a 2-day VRR auction will be […]
8 stocks from BNP Paribas’ top picks that have over 20% upside scope
BNP Paribas continues to prefer financial services, information technology and telecom, while having added logistics in its outperformance space. It expects consumer staples, pharma and autos to underperform given their rich valuations. Here are a few stocks from its top India picks that can rise over 20%. Take a look:
RIL Q3 Scorecard: 7 key takeaways for D-St from conglomerate’s December quarter numbers
RIL reported a 9.3% YoY growth in consolidated net profit to Rs 17,265 crore, beating the estimate of Rs 16,944 crore. Consolidated revenue from operations grew 3.6% YoY to Rs 2.28 lakh crore, but was a tad lower than the estimated Rs 2.36 lakh crore.
Retail inflation for farm workers rises to 7.71 pc in Dec
Retail inflation for farm workers and rural labourers increased marginally in December due to higher prices of certain food items.
Tech View: Nifty forms Doji candle. What traders should do on Saturday
Immediate support for the Nifty is at 21,550 levels, said Nagaraj Shetti of HDFC Securities. As long as the sharp opening downside gap of Wednesday remains open at 21,970, there is a higher probability of a sell-on rise in the market for the short term.
Saurabh Mukherjea picks 4 new smallcap stocks in Little Champs portfolio
Top PMS fund manager Saurabh Mukherjea, whose firm Marcellus handles HNI money worth around Rs 10,000 crore, has picked 4 new smallcap stocks in his Little Champs portfolio. In his bank-focused Kings of Capital portfolio, Home First Finance has been replaced with MAS Financial Services while SKF India is the new stock pick in midcap-heavy […]
These 5 stocks have ‘Sell’ call from Emkay Global. Do you own any?
In its India Strategy report for 2024, brokerage Emkay Global shared 5 stocks on which it has a ‘reduce’ rating or ‘sell’ rating.
On right track! Up to 300% returns since last Budget turn IRFC, Railtel & 8 other railway stocks multibaggers
Shares of railway companies, including IRFC, Ircon, Texmaco Rail & Engineering, Oriental Rail Infrastructure, Jupiter Wagons, and Railtel Corporation Of India, have tripled investors’ money, rising between 209-367%. Container Corporation Of India has seen the smallest rise at 46%. The government’s focus on the railway sector, with fresh capital infusion, dedicated freight corridors, new Vande […]