Hot Stocks: 3 stocks that may give returns between 22-56%
A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 22% and 56% as per analysts’ price targets.
RBI injects Rs 6,956 crore as liquidity turns to deficit
India’s banking system faced a cash crunch. The Reserve Bank of India added funds to ease the situation. This followed negative balance of payments and foreign investor outflows. The RBI sold dollars to bolster the rupee. Trade deficit widened, and deposit growth slowed. These factors contributed to the liquidity deficit. Borrowing costs for banks and […]
Bitcoin retreats from resistance at $100K
The difficulty of trying to crack $100,000 for the first time “could convince traders that the top is in, and profits should be locked in now,” wrote Noelle Acheson, author of the Crypto Is Macro Now newsletter. However, any such episode should be “fleeting,” she added.
As Adani Group stocks wobble, investors take fewer chances
Shares of all the 11 listed companies ended lower on Tuesday, falling between 1% and 7% after Fitch Ratings put some Adani Group bonds under its negative watchlist.
Successor to ‘Big Bull’ plays to her strengths
Two years after the death of India’s biggest wealth creator in the stock markets, the family believes the time has come to take his legacy forward in a more diversified manner because what worked for him needn’t work for her.