Another volatile Budget Day for D-St? How Nifty has moved around Interim Budgets
Here’s a snapshot of how the Nifty 50 has moved before and after the Interim Budget
F&O stocks to buy on Budget Day: Voltas among top 3 trading ideas for 1st February 2024
The Indian market is expected to remain volatile on the Interim Budget Day.The S&P BSE Sensex rose more than 600 points while the Nifty50 reclaimed 21,700 levels, a day ahead of the Interim Budget.
Q3 results today: Adani Enterprises, Adani Ports, Titan among 86 companies to announce earnings
The Street has an action-packed day on Thursday with the release of Union Budget 2024 and earnings announcements from 86 BSE listed companies for the December quarter. Notable companies to watch among the Nifty companies are Adani Enterprises, Adani Ports & Special Economic Zone, and Titan Company. Other important results include Abbott India, Aether, Bata […]
RBI’s action to weigh on Paytm stock, say analysts
Brokers and analysts have turned bearish on the company with one report saying the central bank’s decision would ‘end the operations of Paytm Payments Bank’.
Oil edges up on U.S. Fed rate signals, China property sector support
Global oil prices climbed in early trade on Thursday, supported by signals from the U.S. Federal Reserve on a possible start to rate cuts and as China unveiled new support measures for its embattled property market
Dollar hovers near 7-week high as Fed cut bets shift to May
The dollar hovered close to the highest level in seven weeks against the euro on Thursday, after Federal Reserve Chair Jerome Powell pushed back on the idea of a first U.S. interest rate cut as soon as March.
Budget Picks: Top 4 stocks to buy ahead of Interim Budget 2024 that could give 10-20% return
The Budget Day is highly anticipated as it forecasts the economic outlook of the Nation and its impact on the equity markets. The benchmark and Nifty indices have seen significant gains, indicating a bullish market. The Angel One Research team recommends buying stocks like MTNL, Petronet LNG, Shree Digvijay Cement Co, and Shriram Finance in […]
Budget 2024: 3 Nifty options trading strategy for D-Day from top traders
Option traders would do well to note that VIX usually rises in the fortnight ahead of Budget, with last year seeing a 66% rise during the same period, only to see a steep fall in VIX, post Budget, Anand James of Geojit said.
Big movers on D-Street: What should investors do with L&T, PB Fintech and Voltas?
Stocks that were in focus included names like L&T, which fell 4.22%, PB Fintech, which jumped 10.2%, and Voltas, whose shares increased 7.09% on Wednesday.
US Fed holds key rate steady, says risks becoming more balanced
The US central bank confirmed in a statement that it was holding its benchmark lending rate steady between 5.25 percent and 5.50 percent, and said it is unlikely to start cutting rates without “greater confidence” that inflation is moving “sustainably” towards its long-term two percent target.