Tech view: Nifty forms green candle, eyes breakout above 23,500. How to trade tomorrow
Nifty: Nifty remains in an uptrend despite recent weakness, forming a higher bottom. A breakout above 23,500-23,600 could trigger further gains. Analysts expect bullish momentum, with resistance at 23,800 and potential upside toward 24,050. Support lies at 23,200-23,250.
Sebi allows safer participation of retail investors in algo trading
Capital markets regulator Sebi on Tuesday facilitated the participation of retail investors in algorithmic trading (algo trading), which provides advantages of faster order execution and improved liquidity. At present, only institutional investors are allowed to put in algo trading, which provides significant advantages of timed and programmed order execution.Also, the regulator came out with a […]
New income tax bill expected to be presented in Parliament next week, finance secy says it won’t have any new taxes
Budget 2025 prioritises non-inflationary growth through careful fiscal management, with the government’s entire borrowing of Rs 15.68 lakh crores channelled exclusively into capital expenditure, Finance Secretary and Secretary, Department of Revenue, Tuhin Kanta Pandey told industry leaders Monday.
Trade War tensions won’t derail India’s economic outlook: Taher Badshah
I am not necessarily of the view that this will have to come at the cost of the investment economy or the investment portion of the portfolio. And therefore, to that extent, up until now that we were probably confronted with a situation where only one engine or one cylinder was firing, we probably now […]
What to do with Defence, Railway stocks? Which sectors are best/worst bets post-Budget? Aamar Deo Answers
One of the major highlights is the personal income tax relief, which is a bold move, with the government forgoing nearly ₹1 lakh crore in revenue. This is expected to boost consumption, as taxpayers will have additional spending power, creating a multiplier effect on the economy.
NLC India shares rally 12% after 28% YoY rise in Q3 PAT and Rs 1.50/share dividend announcement
Shares of NLC India rose 12.2% to Rs 237.05 after posting a record Q3 PAT of Rs 2,245 crore, marking a 28% YoY growth. The company also declared an interim dividend of Rs 1.50 per share, with February 7 as the record date for eligibility and payments to be made by March 4.
Larsen & Toubro shares rise 3% after securing major steel project in Middle East & North Africa
L&T shares rose 3% after securing a major Rs 5,000-10,000 crore steel project in MENA. The stock rebounded after budget-related weakness. Analysts highlight slowing capex growth but strong order inflows support optimism.
Samvardhana Motherson shares rally 9%, reverses losses as Trump halts Mexico tariffs
Samvardhana Motherson International shares surged 9% to Rs 142.15 following Trump’s decision to pause tariffs on Mexico and Canada. The company, reliant on exports (80% of revenue), was impacted by tariff uncertainty. Additionally, a joint venture with Hamakyorex of Japan boosted market sentiment. Despite a 10.43% YTD loss, the stock has gained 20.08% over the […]
Divi’s Labs shares up 6% after Q3 PAT jumps 64% YoY. Should you buy, sell, or hold?
Divi’s Labs surged 6% after reporting a 64% YoY profit jump in Q3FY25. Revenue rose 25% YoY to Rs 2,319 crore. Goldman Sachs stays Neutral (target: Rs 5,925), while Nuvama maintains Buy (target: Rs 6,830) citing strong growth potential.
Vodafone Idea shares rally nearly 6% amid AGR relief speculation
Shares of Vodafone Idea surged by as much as 5.7% on Tuesday, reaching Rs 9.6 on the BSE, after Finance Secretary Tuhin Kanta Pandey hinted that the government is considering a proposal to waive 50% of the interest and 100% of the penalties and interest on penalties, which make up a significant portion of the […]