Stocks to buy: Angel One, HDFC Life and Network18 on investors’ radar

Recently, the price action of Angel One has been influenced by profit booking, resulting in a correction of nearly 35%. However, it has been observed that the stock is finding support at its fair value gap area around the 2340 level. The candlestick pattern formed during the previous trading session is a doji, which signals […]

FPIs pare stake in Adani companies, DIIs raise holdings

Late November, the Gautam Adani-owned group was hit by indictment charges from the US judicial and regulatory platforms, although the management of the conglomerate denied the misdemeanour charges involving some entities.

Tata Capital raises $400 million via bonds

The bonds were sold to investors at a final price of 92 basis points above the three-year US treasury, which was trading at 4.47% on Tuesday, meaning an effective rate of 5.39% for the lender, people familiar with the issue said.

Rupee keeps hitting new troughs, yet REER shows it’s overvalued

The Indian rupee continues to lose value. Yet, economists believe it is still overvalued based on the real effective exchange rate (REER). Since November, the rupee has fallen about 2 percent. Experts expect the rupee to stay under pressure until clarity on Donald Trump’s policy decisions. Inflation trends will also affect the rupee’s valuation.