Patanjali Foods shares crack 4% after SC’s contempt notice
Patanjali Foods, in a regulatory filing on Tuesday, said that the SC order did not relate to Patanjali Foods Limited (PFL), which is an independent listed entity and operates in the space of edible oil and food FMCG products only.
F&O stocks to buy today: Bharti Airtel, Tata Motors among top 9 trading ideas
The Nifty future closed positive with gains of 0.25% at 22196 levels on Tuesday. India VIX was up by 0.82% from 15.60 to 15.72 levels. Volatility has been rising from the last two sessions.
Hot Stocks: Brokerage views on Max Financial, Vedanta, GAIL India and Zomato
Macquarie maintained an underperform rating on Zomato but raised the target price to Rs 96. The brokerage said that Zomato demonstrated improved unit economics, while also showing stronger growth in quick commerce in the past few quarters.
South Korea’s retail investors join craze for Indian bonds
The rupee is Asia’s top performer this year, up 0.4% versus the dollar with the lowest volatility among emerging market currencies, according to data compiled by Bloomberg. The South Korean won has weakened 3.2% in the same period, after gaining 4.8% in the fourth quarter.
Big movers on D-Street: What should investors do with EaseMyTrip, Hindustan Copper and NMDC?
Stocks that were in focus included names like Easy Trip Planner, which rose 2.07%, Hindustan Copper, which fell 3.6%, and NMDC, whose shares closed 4% lower on Tuesday.
Vodafone Idea plans to raise Rs45K crore via equity, debt
The company’s board on Tuesday approved equity fund raise of upto Rs 20,000 crore by way of equity-linked instruments which could be convertible debentures, warrants, or other securities convertible into Equity Shares, Global Depository Receipts, American Depository Receipts or Foreign Currency Convertible Bonds.
How stock splits affect price weighted and market-cap weighted indices?
Walmart implemented a three-for-one stock split last Friday meaning the investors would now hold three shares of the US retail giant instead of one.
CCI proposes changes to confidential info sharing
The regime, introduced in 2022, allows parties involved in a case to have access to confidential information or documents relating to other parties in an investigation to better defend themselves, subject to riders.
Hot Stocks: 3 stocks that may give returns upto 26%
Analysts recommend upgrading TCS stock to ‘buy’ with a 14.6% upside. Cello World coverage initiated with a 25.6% upside driven by porcelain. Embassy REIT offers a 9% upside with improving occupancy and rental rates.
IT and healthcare counters get strong FPI flows in Feb
Financial services witnessed the highest outflows from foreign investors who sold shares worth ₹7,536 crore in the sector, after selling over ₹30,000 crore in January on concerns over increasing cost of funding and rise in operating costs. Last year, the sector had received robust inflows worth ₹52,900 crore.