Jaypee Infratech Delisting: Suraksha Realty to pay exit price to retail shareholders, sets June 21 as record date
The successful resolution applicant of Jaypee Infratech will pay on a par with the liquidation value of the company to its shareholders holding about 542 million equity units while delisting the company from the stock exchanges. The company said that the existing public shareholders shall be given an aggregate exit at a price of Rs […]
Tech View: Nifty facing hurdle at 23,400-23,500. Here’s how to trade on Thursday expiry
Nifty’s hourly momentum indicator has a negative crossover and so the rallies are short-lived and failing to persist at higher levels. Traders should opt for buy-on-a-dip strategy around 23,150 – 23,100.
Free course from Sebi, NISM for stock market investors. How to enrol?
Indian capital markets regulator the Securities and Exchange Board of India (Sebi) launched a free, voluntary online investor certification examination on Tuesday, with an aim to help individuals, especially beginners, gain comprehensive knowledge about stock market investing.
Nifty to remain in consolidation mode ahead of Budget: Rohit Srivastava
So, I think that sets us up for a potential continued move to the upside. But I do think it can remain. See, till we really significantly surpass say 23,600, we can remain in a consolidation mode ahead of the budget.
Brokerages initiate coverage on L&T Fin and 4 others for upto 34% upside
A host of brokerage firms, including global and domestic, have initiated coverage on several stocks. They are bullish on these companies, which include Hindustan Construction, L&T Finance, and PTC Industries with a targeted upside of up to 34%. Here is a list of 5 stocks on which brokerages initiated coverage:
Tata Motors shares rally 2% as India business turns net debt free in FY24. Should you invest?
Tata Motors shares surge on debt-free India business, JLR target by FY25. Aiming for EV EBITDA breakeven in FY26, expanding product portfolio for 80% market share. Analysts positive on growth prospects. Motilal Oswal, JM Financial, and ICICI Securities offer varying ratings and target prices.
Go Digit shares rally 10% after reporting Q4 PAT soars 104% YoY
Go Digit General Insurance shares surged 10% to a record high of Rs 372.35 after reporting robust Q4 results. PAT soared 104% YoY to Rs 53 crore. Q4 gross written premium rose nearly 19% YoY to Rs 2,336 crore. FY net profit jumped 405% to Rs 182 crore, with gross written premium up 24.5% YoY […]
‘Unemployment is not a problem’: Arvind Panagariya’s prescription to FM Nirmala Sitharaman ahead of Budget
Arvind Panagariya believes India’s job challenge lies in reallocating capital to labor-intensive sectors rather than creating jobs. He emphasizes that too much capital is tied up in industries like machinery and pharmaceuticals that don’t hire many workers. Panagariya suggests redirecting capital to sectors that generate more jobs per investment, stressing the upcoming budget as a […]
ETMarkets Smart Talk: Modi 3.0 unlikely to be over-populist at the cost of compromising fiscal discipline: Amar Ambani
In my opinion, the election event is done and dusted, and the market won’t read too much into it, to endure drastic corrections akin to the knee jerk reactions seen on poll outcome day.
Big movers on D-Street: What should investors do with Jupiter Wagons, Hudco and PNC Infra?
The benchmark indices closed nearly unchanged on Tuesday, following a record-breaking rally, as investors opted to stay on the sidelines, awaiting additional triggers.