Exit Mode! 6 companies where promoters sold stakes in last 1 month
Here’s a list of companies where promoters have offloaded stakes in the past month. (Source: ET NOW)
Sebi proposes audiovisual representation of disclosures by companies floating IPOs
The audiovisuals on the public issues will be in bilingual version i.e. English and Hindi, and made available in the public domain. The duration of each bilingual version of the audiovisual shall be a maximum of 8 minutes.
Tech View: Nifty gives up key support level. What traders should do on Wednesday
The overall chart pattern of Nifty is weak and one may expect further decline in the near term. The next lower levels to be watched are around 21,500 in the next one week. Any rise up to 22,000 could be a sell-on-rise opportunity, Nagaraj Shetti of HDFC Securities said.
US Fed meet begins today: Why will chief Powell & team choose to stay put?
The US Federal Reserve is expected to keep interest rates stable amid rising inflation. Market anticipates potential rate cuts in 2024 based on economic conditions and dot plots forecasts.
Mutual funds have Rs 1.3 lakh crore cash, Warren Buffett $168 billion. What about you?
Equity mutual funds in India see a rise in cash holdings, with major players like SBI Mutual Fund and ICICI Prudential AMC having significant cash reserves. Even Warren Buffett struggles to find value in the market, while Sebi’s stress test orders have put mutual fund portfolios under scrutiny.
Rama Steel stock jumps over 12% as stock trades ex-bonus. Check details
The bonus shares after their allotment will rank pari-passu in all respects and carry the same rights as the existing equity shares, the company said in its filing to the exchanges.
Tata Sons sells over 2 crore shares of TCS in Rs 9,000-crore block deal, stock down 3%
Tata Sons sold over 2 crore TCS shares in a block deal, causing a 3% price drop. The deal is likely worth Rs 9,000 crore. Tata Sons owned 72.38% stake in TCS. While there is no official clarification for the reason behind stake sale yet, it is being believed that the fundraising could be to […]
Hot Stocks: Brokerage view on Infosys, HDFC Bank, Piramal Pharma and Indigo
Nomura neutral on HDFC Bank at Rs 1625 target price. Kotak Mahindra Bank raises InterGlobe Aviation’s target to Rs 4200. UBS maintains Infosys buy at Rs 1800. Jefferies bullish on Piramal Pharma.
Popular Vehicles and Services shares list at 2% discount to IPO price
Popular Vehicles IPO debuted with discounts on NSE and BSE. The company’s revenue segments include passenger, commercial vehicles, and electric vehicles. It closed on March 14 with a P/E of 28.9x based on FY23 earnings.
F&O stocks to buy today: Indigo, L&T among top 6 trading ideas
Positive market setup was seen in stocks like Tata Steel, Jindal Steel, M&M, Tata Power, Tata Motors, ABB, Godrej Consumer Products, PI Industries, Bajaj Auto, OFSS, Pidilite Industries, SRF, Indigo, etc. among others.