Technical Breakout Stocks: How to trade RIL, M&M and ICICI Bank on Monday?
Indian market closed marginally in the red. S&P BSE Sensex held on to 73000, Nifty50 closed below 22,200. Reliance Industries was up 1%, ICICI Bank hit a record high, and M&M closed at a fresh record high. Buying seen in telecom, capital goods, realty, consumer durables, and industrials. Some selling seen in oil & gas, […]
Technical Breakout Stocks: How to trade RIL, M&M and ICICI Bank on Monday?
Indian market closed marginally in the red. S&P BSE Sensex held on to 73000, Nifty50 closed below 22,200. Reliance Industries was up 1%, ICICI Bank hit a record high, and M&M closed at a fresh record high. Buying seen in telecom, capital goods, realty, consumer durables, and industrials. Some selling seen in oil & gas, […]
Startups can make India m-cap grow to $50 trillion in 20 years: NSE CEO
India’s market capitalisation can grow from $4.8 trillion now to $50 trillion in the next 20 years, National Stock Exchange (NSE) CEO Ashish Chauhan has predicted.
Corporate actions this week: NMDC, Jupiter Wagons to go ex-dividend, South Indian Bank right issue and more
There are a host of corporate actions scheduled for this week. Natco Pharma, Suprajit Engineering, NMDC, and Jupiter Wagons will trade ex-dividend, while The South Indian Bank’s rights issue’s ex-date is fixed this week.
How investors can plan to do income tax planning to avoid the last minute rush
Tax season often brings a frantic rush of investments in tax-saving instruments, but a strategic approach to tax planning can significantly enhance your financial health.
Q3 Results: How did 5 key sectors perform during the quarter?
Insights from management commentaries provide indicators of the Indian economy’s health in Oct-Dec quarter. IT sector revenue growth remains muted. Pharma sector sees promising PAT growth. Banking sector experiences robust credit growth. Auto sector witnesses deceleration in volume growth. FMCG sector faces slow sales growth.
Buffett tells investors to ignore Wall Street pundits while paying tribute to Munger
Warren Buffett warns against Wall Street pundits, credits Charlie Munger for Berkshire Hathaway’s success. Insurance thrived but utilities and BNSF railroad disappointed. Buffett plans to keep stakes in Occidental Petroleum and Japanese trading houses. Berkshire reports strong operating earnings and sets stock records. Berkshire’s eclectic mix of businesses, combined with the strong performance of its […]
Move over FDs! Parents tutored by children looking at other investment options
Parents, who were happy with fixed deposits, are being tutored by children on other investment options. Investors, young and old, must be aware of the risks. Sridharan S, founder of investment adviser Wealth Ladder Direct, recalls a PSU banker, who watched his children make enormous profits from stocks during the Covid-time boom. When he decided […]