RBI likely to focus on non-rate steps to fight rising inflation
The central bank is likely to focus on non-rate measures for the sixth time when the Monetary Policy Committee (MPC) meets this week. By announcing a lower-than-expected government borrowing programme, the government has done its bit by helping push down yields.
Technical Breakout Stocks: How to trade NHPC, NBCC and SJVN on Monday?
Indian market bounced back on Friday after the Interim Budget Day. The S&P BSE Sensex rose more than 400 points, while the Nifty50 closed above 21800 levels. Buying was seen in oil & gas, energy, metal, and public sector stocks, while selling was seen in telecom and banking. Stocks like NHPC, NBCC, and SJVN hit […]
Learn with ETMarkets: Mastering gold, silver trading with MACD, fibonacci retracements
This article discusses a sophisticated approach to trading MCX Gold and Silver contracts by combining the Moving Average Convergence Divergence (MACD) indicator with Fibonacci retracement levels. Traders can use this technique to identify optimal entry and exit points. For long entry positions, traders should look for instances where the price retraces near the 50% Fibonacci […]
India Budget 2024: Season 2 Finale Episode ends on a high note
If you are an OTT TV series fan like us at Kotak Private Equity team, you would realize that Feb 1, 2024, budget is the finale episode of Modi government Season 2.
Improving FII inflows: Time to re-evaluate your portfolio
Bloomberg proposes to include India FAR government securities in the Bloomberg EM Local Currency Index, which will ensure flows into the Indian markets. Interest rate cuts may be announced in the US, potentially leading to a fall in the Dollar index. FDI inflows in India have been increasing, reaching $85 billion in FY 2021-2022. The […]
Airtel Q3 results: PAT seen rising 13% QoQ, revenue at 2.7% on premiumisation, subscriber growth
Bharti Airtel is expected to report a consolidated net profit of Rs 38,068 crore for the October-December quarter, a 6.3% YoY jump. Revenues are expected to reach Rs 38,800 crore, an 8.4% YoY growth. The profit after tax (PAT) is expected to be Rs 2,340 crore, a 10.5% YoY decrease. ARPU is projected to grow […]
Rajesh Palviya handpicks Can Fin Homes, EIL among top 4 stocks that could give 10-20% return
The Nifty50 remained volatile during the budget week, closing at 21854 with a weekly gain of 501 points. The weekly chart shows a bullish candle with an upper shadow, indicating profit booking near the all-time high. If the Nifty crosses 22000, it may reach 22150-22300 levels, while breaking below 21700 may lead to a decline […]
RBI MPC, Q3 earnings, FII action among 10 factors to drive D-Street action this week
Nifty ended with weekly gains of 2.3% led by IT stocks. PSU Banks outperformed other sectors. Markets will reopen after a holiday week and react to major domestic and global events. RBI will announce monetary policy decisions. US markets closed with strong gains, influencing Indian markets. Several companies will announce Q3FY2024 earnings. Rupee remained flat […]
Bitcoin ETF price war is trickling down to crypto custodians
Less than a month after the debut of spot Bitcoin exchange-traded funds, the asset managers offering the investment vehicles appear to be seeking ways to bolster their own profitability.