Vedanta reports record quarterly, half-yearly aluminium production. Stock slips 2%
Vedanta achieved its highest-ever quarterly and half-yearly aluminium production at 1205 kt. Alumina production increased 21% YoY, and Zinc India’s refined metal production rose 5% YoY. The company also saw a 37% YoY growth in consolidated net profit for Q1 ending June 2024.
Indian economy in sweet spot for next 20 years but learn lessons from recent market crash: Anurag Singh
Indian economy is set for a positive trajectory over the next 20 years due to favorable demographics. However, investors should remain vigilant against overpricing and external financial influences, particularly from China and global liquidity flows. Learning from past complacency, strategic timing and careful investment will be crucial for sustained growth.
ETMarkets Smart Talk: The Psychology of investing! Staying grounded in a bull market, says Nimesh Chandan
Swaying with the pendulum of market mood can compel the investor to buy during a bubble and sell during a crash. But it is important to understand that such behavior will not lead to superior returns.
Big movers on D-Street: What should investors do with Godrej Properties, Angel One and ITC?
Benchmark BSE Sensex plunges 1,769 points amid West Asia conflict, hitting a three-week low. Key stocks in focus include Godrej Properties, Angel One, and ITC. Technical analysts suggest Godrej in a no-trade zone, bullish prospects for Angel One, and cautious optimism for ITC.
Negative Breakout: These 8 stocks cross below their 200 DMAs
In the NSE large-cap pack, eight stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on October 3, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock’s price is below its long-term trend line. The 200 DMA is used as […]
At multi-year highs: These 4 stocks witness 5-year swing high breakout
In the NSE list of stocks with a market cap of over Rs 10,000 crore, we have collated a list of four stocks that witnessed a 5-year swing high at the close on June 21, suggesting bullishness in counters, according to stockedge.com’s technical scan data.A 5-year swing high represents the highest price a stock has […]
Asian shares mixed as oil soars on ME tension ahead of US jobs data
Investors are concerned that, should Israel strike critical Iranian assets, the Islamic Republic will lash out and escalate the conflict, dragging in more countries and potentially disrupting global energy shipments. Israel said it bombed more than a dozen Hezbollah targets in Beirut on Thursday.
India regards the United States as one of our most reliable trade partners: Piyush Goyal
US-India relations are growing in trade, technology, and investment. Union Minister Piyush Goyal emphasized the importance of these ties. Recent MoU on critical minerals, regular trade forums, and high-level meetings highlight this partnership. The focus is also on reskilling technical personnel for AI collaboration. Both nations engage frequently, transcending politics.
BSE to discontinue weekly contracts on Bankex, Sensex 50
The weekly index derivatives contracts on Sensex 50 will be discontinued with effect from November 14 end of day while Bankex will be discontinued from November 18.
Piramal Finance aiming for ‘predictable profitability’: MD
The finance company is likely to move towards “predictable profitability” by the end of this fiscal year as it shrinks its legacy book, which is expected to decrease the volatility in the earnings number, he said. Consistency in earnings is a factor that most investors have preferred over surprises.