Stocks in news: Stocks in news: Biocon, SJVN, Adani Green, Union Bank, Nuvama Wealth

Stocks in news: Stocks in news: Biocon, SJVN, Adani Green, Union Bank, Nuvama Wealth

On the monthly expiry day, markets edged higher and gained nearly 1%, driven by favorable cues. In today’s trade, shares of Biocon, SJVN, Adani Green, Union Bank, Nuvama Wealth among others will be in focus due to various news developments. BioconBiocon has signed a licensing and supply agreement with Tabuk Pharmaceutical Manufacturing Company to commercialise … Read more

September seasonality weighs on SBI, other PSU bank stocks. Should you buy, hold or sell?

September seasonality weighs on SBI, other PSU bank stocks. Should you buy, hold or sell?

September seasonality revealed that the Nifty PSU Bank index was a laggard, ending the month with declines on seven occasions in the last 10 years. Three scrips in the 12-stock index have given a dismal performance, falling more times than the index itself. These are Bank of India (BoI), State Bank of India (SBI) and … Read more

Axis Bank, Indian Bank eye infra bond route for fund-raise next month

Axis Bank, Indian Bank eye infra bond route for fund-raise next month

Axis Bank and Indian Bank are likely to raise funds worth up to Rs 9,000 crore through the sale of infrastructure bonds next month, as lenders continue to rely on debt issuances to mobilise funds amid a slower pace of deposit growth than credit growth. Private sector lender Axis Bank’s infrastructure bond sale is likely … Read more

Q1 results today: Adani Total Gas, Adani Wilmar among 95 companies to announce earnings on Monday

Q1 results today: Adani Total Gas, Adani Wilmar among 95 companies to announce earnings on Monday

The first quarter earnings season is underway and as many as 95 companies will announce their quarterly numbers on Monday. Key results to watch out include that of Adani Total Gas, HPCL, Adani Wilmar and ACC. Apart from the above, companies like Apollo Pipes, ASK Automotive, Bharat Electronics, Colgate Palmolive, CSB Bank, Elnet Technologies, Fredun … Read more

PSU stocks: PSU stocks feel poll result heat; Cochin Shipyard, Bharat Dynamics worst hit, fall up to 10%

PSU stocks: PSU stocks feel poll result heat; Cochin Shipyard, Bharat Dynamics worst hit, fall up to 10%

PSU stocks Cochin Shipyard and Bharat Dynamics witnessed a sharp fall by 10% to Rs 1,630.55 and Rs 1,293.35 respectively as the BSE PSU index fell by 4% soon after markets opened on Wednesday following the disappointing Lok Sabha election results. The index ended nearly 16% lower on Tuesday as the Narendra Modi-led BJP failed … Read more

Big movers on D-Street: What should investors do with Indian Bank, Sun Pharma and Hindustan Zinc?

Big movers on D-Street: What should investors do with Indian Bank, Sun Pharma and Hindustan Zinc?

Benchmark indices closed higher on Wednesday amid buying in blue chips even on the back of mixed cues from global markets. The 30-share Sensex climbed 267 points to settle at 74,221.06 and Nifty rose by 68 points to finish at 22,597. Stocks that were in focus include names like Indian Bank, which fell 1.33%, Sun … Read more

mutual fund news: MFs turn sellers in these 5 stocks in March after four months of buying – ​Shifting Sentiments

mutual fund news: MFs turn sellers in these 5 stocks in March after four months of buying – ​Shifting Sentiments

Apr 21, 2024, 12:11:01 PM IST 1/6 ​Shifting Sentiments Around 32 stocks witnessed buying by mutual funds over the past four months (November 2023 to February 2024) but turned to selling in March. Here are the top 5 stocks from the list, according to a report from Elara Capital. ETMarkets.com The stock witnessed continuous MF … Read more

indian bank share price: Technical Stock Pick: This PSU banking stock hits fresh record highs in Feb 2024; time to buy or book profits?

indian bank share price: Technical Stock Pick: This PSU banking stock hits fresh record highs in Feb 2024; time to buy or book profits?

Indian Bank Ltd, part of the PSU banking space, has rallied more than 60% in the last 6 months which pushed the stock to a fresh record high in February 2024 which suggests that bulls are here to stay. Short-term traders can look to buy the stock now or on dips for a possible target … Read more

Fund managers: Fund managers position December portfolio on private capex revival

Fund managers: Fund managers position December portfolio on private capex revival

Fund managers continue to bet on a private sector capex revival in the coming year, as the BJP’s strong show in the state elections in December has reduced political uncertainty and raised hopes of policy continuity. According to the recent data published by project-tracking database research fi rm Centre for Monitoring Indian Economy (CMIE), a … Read more