ETMarkets Smart Talk | Green Energy, Agri among top 6 strategic themes that could see increased spending in Budget 2025: Jiten Doshi
We have witnessed among the fiercest, longest and broadest market move, since the 2020 pandemic. The roller coaster has navigated uncertainties of pandemic, wars, and sharp supply shocks.
Stocks to buy: Nestle, Bajaj Finance and IndusInd Bank on investors’ radar
Benchmark indices Sensex and Nifty closed higher for the third consecutive day on Thursday due to buying in heavyweight stocks like Nestle India, IndusInd Bank, and Bajaj Finance. Technical analysts recommend holding Nestle India and Bajaj Finance, while advising investors to exit IndusInd Bank.
Q3 results today: Vedanta, Nestle among 134 companies to announce earnings on Friday
The third quarter earnings results will be announced by 134 companies, with key players such as Nestle India, IndusInd Bank, Sun Pharma, ONGC, Vedanta, and Marico in focus. Nestle’s profits are expected to show marginal growth, while IndusInd Bank may see a significant decline in PAT due to slower loan growth and rising slippages.
Positive Breakout: These 10 stocks cross above their 200 DMAs
In the Nifty500 pack, 10 stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on January 30, 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 […]
HM Electro Mech IPO listing today. Here’s what GMP signals ahead of debut
HM Electro Mech shares are set to debut on BSE SME with an 8% premium. The IPO, priced at Rs 75, was oversubscribed 91 times. The company focuses on turnkey projects in pumping machinery and has diversified into electrification and EPC projects.
Asian equities fall as Samsung, SK Hynix weigh
A gauge of Asian shares fell after two daily advances, and despite gains for Australian equities. Markets in mainland China, Hong Kong and Taiwan remain closed for the Lunar New Year holiday. SK Hynix Inc. and Samsung Electronics Co. fell, weighing on Korea’s Kospi.
Most strong listings fail to sustain gains
Of the 21 IPOs since December 1, 19 shares returned between 9% and 160% on their debut. After the positive start, 17 are trading below their opening prices.
FAR G-Secs fare better in Jan, but yields in US, dollar cloud outlook
The inflows which had peaked at over ₹22,000 crore in August have tapered due to escalating US yields and a depreciating rupee making Indian government bonds less attractive to foreign portfolio investors, fixed income experts said.
CreditAccess may navigate the choppy MFI waters better
CreditAccess Grameen’s shares have surged by nearly 17% over four trading sessions despite a sequential decline in loan disbursements and a net loss due to increased provisioning. The company has forecasted recovery in operating parameters starting from the March quarter, with improved business momentum and risk management.
RBI sets in motion Aviom India insolvency
The Reserve Bank of India has initiated a corporate insolvency resolution process against Aviom India Housing Finance due to governance issues and payment defaults. A three-member advisory committee and an administrator have been appointed to manage the New Delhi-based firm during this process.