PB Fintech is the incubator, the catalyst, not the eventual owner of the healthcare project: Yashish Dahiya
PB Fintech Ltd. plans to invest Rs 696 crore in its subsidiary PB Healthcare Services to enhance business operations. Chairman Yashish Dahiya shared insights on improving the customer experience and reducing insurance costs. The investment aims to resolve conflicts between hospitals and insurers by creating a trusted protocol, ensuring smoother claim settlements for customers.
FII selling nearing saturation point; valuations shifting to comfort zone: Rahul Veera
If you see the weight of dollar index itself, 55% is indirectly the euro, then the Swedish Krona, and then the Yen, like all three of them have different weights within the dollar index.
Banking sector offers buying opportunity amid FPI sell-off: Nilesh Shah
Nilesh Shah, MD of Kotak AMC, highlights the performance of gold and the Nifty, noting gold’s potential for great returns. He discusses market fundamentals, recommending a neutral weight to equity with a preference for banking, financial services, and consumer discretionary sectors amid market corrections.
2 top stock recommendations from Dhwani Patel
Bank Nifty has breached the 48,800 level and is trading higher, with expectations of reaching 49,225. Autos, metals, and PSU banks are leading gains, with specific interest in Tata Motors, TVS Motors, Hindalco, and Sun Pharma due to strong buying actions.
Broad-based market rally unlikely without FPI flows & stronger growth: Nilesh Shah
The broad-based rally at least at this point of time looks difficult, unless and until it is supported by growth or it is supported by flows led by FPI’s buying.
IRCON International shares zoom 8% after Rs 1,096 crore Meghalaya project win
Ircon share Price: The project involves constructing a new Secretariat Complex, including campus infrastructure, in New Shillong City. IRCON holds a 26% stake in the joint venture, valued at Rs 285 crore, while BRC holds the remaining 74%. The contract is set to be completed within 36 months.
IREDA shares surge 3% on increasing borrowing limit by Rs 5,000 crore for FY25
IREDA shares have seen a 1-year price gain of 7.26%, but a Year-To-Date (YTD) decline of 37.74%. Over the past 6 months, the price has decreased by 39.36%, and in the last 3 months, it has dropped by 35.01%. The 1-month price decline stands at 16.56%.
Death Crossovers: These 5 stocks signal bearishness on March 18
In the NSE list of stocks with a market cap over Rs 10,000 crore, five stocks are witnessing Death Crossovers, according to stockedge.com’s technical scan data. The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stock’s short-term simple moving average (SMA) crosses below its long-term moving […]
Stocks to buy: Swiggy, RVNL and TVS Motor on investors’ radar
Benchmark BSE Sensex bounced back with a 341-point gain, ending a five-day losing streak due to strong performance in banking stocks and a global rally. Stocks like HAL, BEL, and KPIT Tech showed significant movements, with HAL and KPIT Tech rebounding, while BEL experienced slight fluctuations.
Rupee ends stronger for third day in a row, closes at 86.80 vs US dollar
The rupee strengthened by 20 paise against the dollar, closing at 86.80, driven by inflows. However, experts warn that sustained inflows are needed to maintain stability.