Q4 results today: RIL among 15 companies to announce quarterly earnings
Q4 results today: 15 companies, including RIL, will reveal quarterly results. RIL expected to announce dividend. RIL may see revenue growth, EBITDA increase, and net profit drop.
Hot Stocks: Brokerage view on Voltas, Dixon Technologies, HDFC Bank and Wipro
Citigroup maintained a sell rating on Wipro post Q4 results, while UBS upgraded Voltas to buy and Investec recommended a hold on HDFC Bank with a reduced target price. Dixon Technologies received a buy rating from Investec.
F&O stocks to buy today: Escorts, Eicher among top 8 trading ideas
Indian market poised for higher trade. Nifty shows bullish sentiment with support at 22000, 21900 levels. Experts recommend buying PVR Inox, Escorts, Bajaj Finance, SBI Cards, Eicher Motors, Crompton Greaves Consumer for short-term trading.
Once Adani-heavy, 8 FPIs look to settle with Sebi
The legal representatives of eight FPIs – Albula Investment Fund, Cresta Fund, MGC Fund, Asia Investment Corporation (Mauritius), APMS Investment Fund, Elara India Opportunities Fund, Vespera Fund and LTS Investment Fund – have filed a total of 16 settlement applications with Sebi.
AdaniConneX in talks with banks to raise $900-950 million
AdaniConneX secures $900-950 million loan from MUFG Bank for 1 GW data centre expansion in multiple Indian cities. The loan, with an interest rate above SOFR, aims to support Adani Group’s venture into the data centre business.
Inflation sustainably moving towards RBI target enough for a rate cut: Ashima Goyal
Ashima Goyal emphasized India’s resilience to supply shocks and anchoring of inflation expectations. Bhide expects food inflation to ease in 2024. Both acknowledged inflation risks from geopolitical tensions.
Bitcoin ‘halving’ cuts supply of new tokens in threat to miners
The once-every-four-years event cut in half the so-called mining reward, which is the amount of Bitcoin released from the network to compensate companies known as miners for validating transactions.
Follow-up buying could take Nifty higher: Analysts
US Markets are in oversold territory, and European indices have taken support near crucial moving averages, which mean a meaningful recovery can be expected from global equity markets.
FPIs mount bearish bets as risk aversion grows
The long-short ratio of foreign portfolio investors (or FPIs’) Nifty futures bets fell to 35.4% on Friday, from about 56% a week ago. The long-short ratio in index futures is a measure of the number of bullish positions versus bearish. A low reading means foreign investors are bearish. The reading was 12.4% on February 28, […]
Nifty 500: Get diversification with better returns vs Nifty
“Nifty 500 is an all seasons fund as it includes a wide range of companies spanning large-cap, mid-cap and small-cap segments. There is no fund manager risk as it is passively managed and comes at a low cost,” said Kunal Valia, founder, StatLane.