MSCI Indices: Inclusion of 7 stocks in MSCI indices could draw $3 billion

MSCI Indices: Inclusion of 7 stocks in MSCI indices could draw  billion

Mumbai : India could see inflows of up to $3 billion by the end of August due to the scheduled inclusion of select stocks by index provider MSCI in its benchmarks. In addition to the inclusion of seven stocks into the Global Standard index, MSCI will also increase the weight of HDFC Bank in the … Read more

Nifty: Nifty on a roll, could head towards 23,000: Analysts

Nifty: Nifty on a roll, could head towards 23,000: Analysts

Technical charts indicate the market appears poised to sustain its upward momentum going ahead. Technical analysts predict Nifty is likely to advance towards 22,600, followed by 23,000, with robust support at 21,920. They suggest stocks such as Oracle Finance, HDFC Life, Marico, Pidilite, ICICI Bank, Maruti, Cipla, Sun Pharma, Larsen & Toubro, PNB, HAL, and … Read more

Oracle shares: Oracle Financial Services soars 27%, analysts still optimistic

Oracle shares: Oracle Financial Services soars 27%, analysts still optimistic

Mumbai: Shares of software company Oracle Financial Services Software (OFSS) soared over 27% on Thursday to all-time highs as traders mounted bullish derivative bets after the company’s third-quarter results beat expectations. Though the stock may be overbought, analysts remain optimistic about the company’s prospects of record deal wins in a global economic environment that has … Read more