BSE cautions against fake videos of MD & CEO Sundararaman Ramamurthy recommending stocks
BSE warns against circulating fake videos impersonating CEO Sundararaman Ramamurthy for investment advice on social media. Caution includes misrepresentation, deceptive means, personal information sharing, and Economic Times disclaimer.
Tech View: Nifty ends below 50-DEMA. What traders should do on Friday
A series of resistance could be seen from 22,150-22,200, followed by the 20 DEMA at 22,300 zone. The undertone certainly favours the bears now and any rise should be seen as an opportunity to either exit longs or to look for bearish bets in the index.
Dolly Khanna picks stake in Repco Home Finance, Som Distilleries, one more smallcap in March quarter
Dolly Khanna diversified her portfolio by adding Repco Home Finance, Som Distilleries & Breweries, and Selan Exploration Technology. These smallcap stocks have shown impressive returns and rallies.
Naveen Mishra on why Gartner is optimistic about worldwide IT spending guidance
Naveen Mishra from Gartner anticipates CIOs executing Gen AI strategy, leading to increased IT services spend. Service providers invest in servers, networks, and semiconductors. India headquartered services companies focus on talent strategy and GPUs for growth.
Don’t foresee absolute power supply constraint current year: CARE Ratings
Sabyasachi Majumdar of CARE Ratings anticipates that there will be ample electricity available from various sources. The distribution companies’ cooperation is crucial. Despite high costs, gas-based generation remains open for the peak season. Short-term tariffs are expected to stay elevated for now, driven by the robust PLFs and an election-year dynamics.
Nestle India shares drop over 5% to record worst day in 3 years. Here’s why
Nestle India’s shares plunged 5.4% on Thursday to Rs 2,409.55 on BSE, following revelations of adding sugar to baby food in India but not in Europe or the UK. The health ministry expressed concern. This marked Nestle’s worst single-day drop in 3 years.
Ashmore counters consensus with big bet on China over India
With $6.5 billion invested in emerging equities, the fund has allocated 26% of its EM equity fund to China, while reducing India to less than half that, according to Edward Evans, a London-based EM equities portfolio manager. He cites a divergence in valuations as the main reason for the decision.
Chote Miyan charm! 32 smallcap stocks just became more popular with mutual funds
Mutual funds showed interest in smallcap stocks, with 32 attracting fresh buying. Stocks like Schneider Electric Infrastructure and Nuvama Wealth Management saw increased investments, resulting in good returns despite market challenges.
Hot Stocks: Brokerage view on ICICI Lombard, LTI MindTree, HDFC Bank and Maruti Suzuki
Hyundai has outpaced Maruti on the earnings front in the past few years due to its premium and SUV positioning, but Maruti is catching up.
F&O stocks to buy today: Escorts, M&M among top 9 trading ideas
On the weekly options front, the maximum Call OI is placed at 22,500 and then towards 22,700 strikes while the maximum Put OI is placed at 22,000 and then toward 22,200 strikes.