Nifty gains 3% as analysts predict recovery; key resistance levels ahead
Nifty gained 3% last week, forming a higher-top and higher-bottom structure, indicating bullish sentiment. Analysts suggest it must breach key resistance levels for more substantial gains ahead. Meanwhile, Bank Nifty is approaching significant resistance, which may hinder further upside potential shortly. Key stocks like Coforge, Kotak Bank, and Indian Hotels present buying opportunities based on […]
Tata Sons reviews AoA to meet Sebi listing norms
Tata Sons is reviewing its Articles of Association to comply with Sebi listing regulations, which may impact the influence of Tata Trusts on board appointments. This scrutiny follows the RBI’s rejection of Tata Sons’ application to relinquish its core investment company registration, necessitating compliance with strict governance standards for listed entities.
Public sector banks’ Rs 7.8 lakh core corporate loan pipeline signals capex revival
Public sector banks have revealed a corporate loan pipeline of approximately ₹7.8 lakh crore signaling increased credit demand. Companies are stepping up their investment, particularly in sectors like renewable energy and semiconductor manufacturing. Banks report varied corporate credit growth, with some institutions witnessing over 50% increase year-on-year. Mid-sized and large companies are leading the way […]