Ola Electric shares in focus on plans to double service centers to 1,000 by December
Ola Electric, India’s leading electric two-wheeler maker, announced plans to expand its service network and offer new customer benefits to boost EV adoption.
Adani Energy shares in focus after transfer of Dahanu Thermal Power Station to subsidiary
Adani Energy Solutions shares are in focus as Adani Electricity Mumbai transfers the Adani Dahanu Thermal Power Station to North Maharashtra Power Ltd. through a slump sale. This move, part of a broader restructuring strategy, aims to attract ESG-focused investors and improve the company’s global utility rankings. The transaction awaits regulatory approval.
At multi-year highs: These 6 stocks witness 5-year swing high breakout
In the Nifty50 pack, we have collated a list of six stocks that witnessed a 5-year swing high at the close on September 27, suggesting bullishness in counters, according to stockedge.com’s technical scan data.A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant […]
ETMarkets Smart Talk: Mid-Cap valuations at risk! Retail greed rising in Indian markets, warns Vipul Bhowar
While there may be increased volatility due to underlying economic concerns in the US, there is optimism about the potential benefits for sectors like IT and infrastructure from this shift in monetary policy. Investors should stay informed about foreign investment trends and the RBI’s upcoming policy decisions, as these will influence the direction of Indian […]
Japan’s Nikkei plunges 4% on stronger yen after Ishiba win
Japan’s Nikkei share average fell over 4% due to a stronger yen after Shigeru Ishiba, perceived as a monetary policy hawk, won the prime ministerial contest. The broader Topix index also declined, and government bond yields rose. Ishiba’s stance on monetary policy remains unclear as he assumes office on Tuesday.
Positive Breakout: These 7 stocks close cross above their 200 DMAs
In the Nifty500 pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on September 27, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day […]
Manba Finance shares to debut today; GMP indicates strong listing
Manba Finance shares are set to debut on the exchanges today, with a strong grey market premium indicating potential gains for investors. The company plans to use the proceeds to bolster its capital base. Manba Finance has shown significant growth in two-wheeler loans and posted a substantial profit increase in FY24.
Amid turmoil, all eyes on today’s Sebi board meet
The Securities and Exchange Board of India (Sebi) is set to hold a crucial board meeting on Monday, following allegations of conflict of interest against chairperson Madhabi Puri Buch. The board may discuss these accusations and issues related to a withdrawn press release on employee matters, although they are not on the official agenda.
Asian shares hold ground, Japan rate fears dent Nikkei
The Nikkei led the early action with a dive of 4.0% as investors anxiously waited for more direction from new Prime Minister Shigeru Ishiba, who has been critical of the Bank of Japan’s easy policies in the past.
Higher F&O rollovers put these stocks on traders’ radar
Analysts expect margins of oil marketing companies to improve with crude prices softening. Traders could buy IOC stock for a price target of Rs 196 with a stop loss of Rs 171, said Ruchit Jain, lead research analyst at 5Paisa.com.