I think the biggest threat is inflation and the inability of central banks to actually control inflation. When you just read the headlines, you think that the inflation problem is behind us. Well, it’s not right
Reseñas
Big Movers on D-St: What should investors do with Wipro, HDFC Bank and Avenue Supermarts?
It is trading within its all-important moving averages. On the higher time frame, there is a long consolidation and is trying to bottom the structure, which suggests much more upside potential in this counter.
A decisive close above 18,100 can help Nifty break out to 18,250
Indian equities have been underperforming, partly owing to the regional reallocation of money in the new year. This year, foreign portfolio investors have been net sellers to the extent of Rs 14,123 crore in the secondary market.
Breakout picks! Tata Investment Corp among 10 stocks to track this week
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Foreign tourists may get tax refunds on goods bought in India
Industry executives and experts said section 15 of the IGST Act, 2017 provides for the Tax Refund for Tourists scheme but it has yet to be implemented. The issue has been taken up collectively by industry associations ahead of the Union budget for 2023-24, said Jyoti Mayal, vice chairperson, Federation Continue Reading
Apax Partners sells 4.3% stake in Shriram Finance, 4 global funds pick stake
The private equity firm sold 1,59,93,734 shares on the BSE at Rs 1,300 apiece, aggregating to Rs 2,079 crore, bulk deals data showed
Tech View: Doji candle on Nifty weekly charts shows tug-of-war. What traders should do next week
For the last few weeks, the index is trading above the 20-WMA, which has resulted in a triangle pattern formation on the daily chart. After a recent base formation near the lower end of the pattern, Nifty witnessed smart recovery on January 13. Going ahead, 18,000-18,050 will be the key Continue Reading
L&T Tech shares tumble over 6%. Here’s why
The company has signed an agreement with parent Larsen & Toubro to acquire its Smart World & Communication business for Rs 800 crore
Wipro attrition rate moderates for 4th quarter to 21.2%
Voluntary attrition moderated 180 bps from the previous quarter, landing at 21.2% for the trailing 12 months for the quarter,” Wipro said in its earnings release. This was the fourth quarter where the attrition rate has moderated
A low-rated Indian company is set to sell rupee bonds in a rare move
Investors in India’s credit market turned bullish as corporate credit worries faded after companies took advantage of easy liquidity during the pandemic to clean up their balance sheets. Even the bad-loan ratio of Indian banks is at seven-year low following steps to clean up what was once the world’s worst Continue Reading