“Powell’s comments, along with the robust release of ADP Employment Data, make the markets believe that the committee may remain too dovish regarding how high rates will go and how long they will stay there,” said Heena Naik, research analyst – currency at Angel One.
Reseñas
ITC shares rally over 6% to hit fresh 52-week high. Was the Budget really so good?
For ITC, cigarettes constitute more than 80% of the company’s net profit and about 45% of its topline. Therefore, tinkering in taxes has an impact on the company’s financials.
Gautam Adani explains why he was forced to withdraw Rs 20,000 crore-FPO
“For me, the interest of my investors is paramount and everything is secondary. Hence to insulate the investors from potential losses we have withdrawn the FPO,” Adani said in a message to shareholders.
Death Crossovers: These 3 stocks signal further bearishness
In the NSE list of stocks, three stocks with a market cap of over Rs 250 crore have been witnessing Death Crossovers.>> For more such web stories click on the ET icon below
Gold rallies over 1% to hit fresh all-time high on MCX. More upside ahead?
“Gold and silver traded sharply higher in the domestic markets post the Union Budget announcement, where import duty on gold remained unchanged while an increase in import duty on silver was affected. In the international markets, both the bullions logged gains and closed at their daily highs in view of Continue Reading
Expect decent returns from Indian equities by year end: Dipan Mehta
So they are basically the price makers and when you have some concentrated selling coming in from a few FIIs who want to sell at any price in the next one, two, three hours or so, then you have such price corrections and even though buyers want to buy when Continue Reading
Irrational to connect fortunes of one company with PSBs: TV Somanathan
The total exposures are small and yes there are always companies that do well and companies that do badly. Institutions spread their investments across a big portfolio and there is less than 1% concentration of any one company at this moment which in the portfolio of any of these financial Continue Reading
Stocks to buy today: 4 short-term trading ideas by experts
Data suggests that from the past four trading sessions prices are taking support near 200 DMA, which is placed at 17,550 levels on the daily scale. For the bulls to regain control Nifty50 must reclaim 18,888 levels, suggest experts.
Hot Stocks: Brokerages on Gail, IOC, UPL and Sun Pharma post Q3 results
Sun Pharma is the world’s fourth largest generics/specialty pharma company with 43 manufacturing sites at its disposal addressing segments like specialty products, branded generics, complex generics, pure generics and APIs.
Big Movers on D-St: What should investors do with Apar Industries, Indian Hotels, and Sona BLW Precision?
Apar Industries stock rose 18% during Wednesday’s trading session, continuing its previous day’s gains after the company reported a 210% increase in its consolidated profit after tax to Rs 170 crore in the December quarter.