Goldman Sachs, Citigroup Global, 4 others buy Amber Enterprises shares for Rs 210 crore
Goldman Sachs, Citigroup Global Markets, and four others on Friday bought shares of Amber Enterprises for Rs 210 crore through an open market transaction. Axis Mutual Fund (MF), Mahindra Manulife MF, Tata AIA Life Insurance and ICICI Prudential Life Insurance were the other entities, who have picked up stakes in Gurugram-based Amber Enterprises through separate […]
Unique Stocks: These counters held by only one MF scheme surged 50-150% in CY24 so far
In November 2024, the list initially included 130 stocks. To refine the selection, only those with a market value exceeding Rs 20 crore and a share price increase of over 50% during CY24 were considered.
Rupee dips to record intraday low of 85.10 vs US dollar, closes moderately stronger at 85.01
The Indian rupee depreciated to an all time low during the day, but ended slightly stronger at 85.01 per US dollar on a closing basis, due to the rebalancing of FTSE’s equity index and interventions from the Reserve Bank of India, traders said.
Sebi simplifies offer document requirement for AMCs
Markets regulator Sebi on Friday simplified the framework for asset management companies (AMCs) by reducing the requirement to upload draft SIDs to 8 working days from 21 days earlier. This is aimed at streamlining the process, reducing timelines, and enhancing investor protection while simplifying compliance for AMCs.
Tech View: Nifty forms bearish candle; 23,100 breakdown to open further downside. How to trade on Monday
According to Osho Krishnan of Angel One, resistance levels are expected at 23,800-24,000, followed by 24,150-24,300. These levels align with the bearish gap and a cluster of EMAs on the daily charts, setting key hurdles for the upcoming truncated week.
CA Rudramurthy BV on 3 sectors to watch out for in 2025
IT, pharma, banks will be the sectors to watch for 2025. And you have to be very stock-specific when it comes to broader market. Yes, for me, a lot of good stocks where you still have valuation comfort and where the quarterly performance was still good, those are stocks to look into.
Sun Pharma and Dr. Reddy’s emerging as strong bets in pharma sector: Sandip Sabharwal
So, there will still be uncertainties around and most of the IT stocks have had a very strong rally, like if you look at the larger ones, they have had a decent rally but many have virtually moved up in a straight line and today traded valuations which are two-three times historical earnings for some […]
Exide Industries shares rally 4% on signing MoU with Hyundai, Kia
Exide Industries shares rose 3.8% after its subsidiary, EESL, signed an MoU with Hyundai Motors and Kia to supply lithium-ion cells and battery packs for electric vehicles in India.
FirstCry-operator Brainbees Solutions shares jump 4% as JM Financial initiates coverage with buy rating
Brainbees Solutions’ shares rose 4% after JM Financial initiated coverage with a ‘buy’ rating, citing FirstCry’s market dominance, international growth, and strong financial performance, despite risks from competition and expansion challenges.
Sagility India shares rally 5% to fresh highs as Jefferies sees 18% upside potential
Sagility India’s shares surged 5% after Jefferies initiated coverage with a ‘buy’ rating and Rs 52 target, citing strong growth potential and improved earnings outlook in the US healthcare sector.