Metal stocks like NMDC, Vedanta and SAIL among others surged up to 5% in today’s intraday session, defying the broader market sentiment, still supported by China’s stimulus measures. Shares of NMDC surged 5% to day’s high of Rs 247 while NMDC Steel shares went up by 4.5% to Rs 55.22. Vedanta’s shares jumped 2% to … Read more
Vinit Bolinjkar, Head of Equity Research, Ventura Securities, says Maruti will be powering in FY25 and would be my focus trade. Apart from that, among power stocks, Bolinjkar likes Adani Green, given that the IPOs of NTPC Green are scheduled to hit the markets. So, while there has been a slight profit-taking, the markets next … Read more
Shares of metal companies like National Aluminium surged 4.7% to its fresh 52-week high of Rs 21.40 while those of SAIL rallied 3.5% to day’s high of Rs 144.20 on the BSE as People’s Bank of China (PCoB) announced that it would cut the amount of cash that banks must hold as reserves (reserve requirement … Read more
Shares of metal companies like Vedanta, National Aluminium (NALCO) and Tata Steel among others continued their rally for the second consecutive session today, rising up to 4% as China’s central bank announced broad monetary stimulus and property market support measures to revive the economy. Shares of NALCO surged by 4.2 % to day’s high of … Read more
The domestic market reversed its earlier gains and closed in red on Thursday as the RBI’s decision to hold its current policy with a caution. In today’s trade, shares of Grasim, Info Edge, LIC, Eicher Motors, SAIL among others will be in focus due to first quarter results and various news developments. LIC Life Insurance … Read more
The first quarter earnings season is underway and as many as 225 companies will announce their numbers on Thursday. Key results to watch out include that of LIC, Eicher Motors, RVNL, SAIL, MRF and GRSE. Apart from the above, companies like ABB India, Agri-Tech, Astral, AstraZeneca India, Biocon, Birla Corp, Container Corp, Emkay Global, HCL … Read more
Domestic markets experienced a breather on Tuesday after the recent decline, gaining over a percent, driven by strong global cues. In today’s trade, shares of LIC, RVNL, BSE, Hindalco, Tata Motors, Eicher Motors among others will be in focus due to various news developments and first quarter results. LIC, Eicher Motors, RVNL, SAIL, MRF and … Read more
Technical charts suggest the short-term trend of Nifty is likely to be range-bound with a weak bias. A move below the immediate support of 23,250 could indicate the beginning of a shortterm downward correction, according to technical analysts. For short-term trading, analysts recommend stocks such as SBI, IDFC First Bank, Granules, Infosys, HCL Tech, M&M … Read more
Domestic markets exhibited positive trends throughout the past week, marking their third consecutive week of growth. In today’s trade, shares of Adani Ports, Cipla, Prestige Estates, MCX, and Lupin among others will be in focus due to various news developments. Thomas Cook IndiaThomas Cook (India) said the demand and spending in the travel industry will … Read more
It’s understandable to assume that yacht racing is solely the purview of ascot-wearing socialites. However, hydrofoiling catamarans used in the highest level of international competition aren’t toys. SailGP yachts are capable of reaching 60 miles per hour. Higher speeds also mean bigger incidents, and Team USA found out the hard way last Friday during practice … Read more
