Is mkt turning stock-specific in broader space amid growing Sebi strictures?
The smallcap index crashed by over 14% from the highs it touched in Feb, before making a marginal recovery in the subsequent trading sessions. The index is still down by 8%+ from the peak even after this recovery, reflecting the nervousness in the broader space.
Did most valuable houseware companies cook returns for investors in 2024? Take a look
India’s Consumer Houseware market, valued at Rs 34,300 crore in FY23 has sustained a 7.20% CAGR from FY15-23 despite disruptions, according to a Kotak Securities’ report
Tech View: Nifty forms Doji candle. What should traders do on Tuesday
Though Nifty 50 is placed at the crucial hurdle of around 22,500 levels, the overall chart pattern remains positive and we are unlikely to see any sharp decline from here. Any consolidation or dip could be a buying opportunity, said Nagaraj Shetti of HDFC Securities.
Technical Stock Pick: SRF gives a breakout after 9-month consolidation; time to buy?
SRF stock closed at Rs 2,557 on 28 March 2024, above crucial moving averages. Traders advised to target Rs 2,900-3,000 in 3-4 weeks.
Foreigners flocking to India bonds make splash across market
Foreign investors have pumped roughly 780 billion rupees ($9.4 billion) into eligible sovereign bonds since JPMorgan Chase & Co.’s landmark announcement in September and are beginning to climb up the ownership list.
TAC Infosec IPO booked 48x so far on Day 3; Radiowalla issue subscribed 28x
TAC Infosec and Radiowalla Network, supported by Ashish Kacholia and Vijay Kedia, witness strong investor interest in their IPOs. TAC Infosec focuses on cybersecurity solutions, while Radiowalla Network specializes in B2B customer engagement services.
Hot Stocks: Brokerage view on GAIL, ICICI Lombard, PNB Housing and Infosys
Morgan Stanley maintained an overweight rating on Infosys but slashed the target price to Rs 1750 from Rs 1820 earlier.
India currency, debt markets closed on April 1
The Indian rupee fell by a slight 0.03% to close at 83.40 per U.S. dollar on Thursday, pressured by weak Asian peers and strong dollar demand from local companies.
Adani Total Gas shares jump 8% after subsidiary commissions biogas plant in Mathura
Adani Total Gas stock has corrected from its 52-week high of Rs 1,259.40 which it hit on December 8, 2023, and is trading at a discount of 21% from the peak.
F&O stocks to buy today: ICICI Bank among top 9 trading ideas
The Nifty PCR is currently at 1.18. Meaningful call writing is witnessed across 22400-22500 strikes, while put writing was witnessed in 22200-22000 strikes.