“We have been holding IT for the last several months. They have not been moving up and down. In IT, it is all about the Nasdaq. If the Nasdaq bottoms, IT will bottom; if the Nasdaq does not bottom, IT will again struggle. The Nasdaq is all about interest rates. Continue Reading
For more such web stories click on the ET icon below
Adani Enterprises has a solid asset base and good cash flows despite there being debt on the balance sheet. Adani Wilmar has delivered stellar returns. Even as the space is getting overcrowded, there is room for upside,” said Bathini.
Rural demand is likely to improve because of moderating consumer price inflation, sustained economic growth, expected budgetary push, and migration of the rural population back to urban areas (which would increase remittances from urban to rural India), it said.
For more such web stories click on the ET icon below
The Nifty50 index surpassed its key hurdle of 18,181 level in the previous trading session which is a positive sign for the bulls. The next resistance for the index is placed at 18,300-18,400 levels, suggest experts.
Stocks that were in focus include names like FACT which was up nearly 10%, Bharat Dynamics which gained more than 2%, and Hikal which gained more than over 3% on Thursday.
Incorporated in the year 1992, Sah Polymers is a leading PP woven bags manufacturer and exporter of PP woven bags and HDPE box bags, flexible intermediate bulk containers (FIBCs), and BOPP laminated bags.
About 79.2% of Nifty futures contracts were rolled over to January on Thursday as per actual exchange data. This is slightly higher compared with the three-month average of 78.6% but lower than 90% of the carried forward positions in the previous series.
It may go down to 14.0% in the medium stress scenario and to 13.1% under the severe stress scenario by September 2023, but it will stay above the minimum capital requirement. None of the 46 banks would breach the regulatory minimum capital requirement of 9% in the next one year, Continue Reading
© 2024 trading-tutors.co | All Rights Reserved
Disclaimer: trading-tutors.co provides educational content, market insights, and tools to assist users in understanding financial markets. We do not provide direct trading services or guarantees of specific financial outcomes. Investing in financial markets involves risk, including the potential loss of capital. The information on this website is for informational purposes only and should not be interpreted as financial advice. Individual results may vary. It is recommended that you consult with a financial professional before making any investment decisions.
Risk Disclosure
Trading and investing in financial markets carry significant risk. Prices of financial instruments can change rapidly due to market conditions, economic events, or regulatory shifts. Past performance does not guarantee future results. Make sure you fully understand the risks and seek independent advice where appropriate.
Usage Restrictions
Unauthorized use, reproduction, or distribution of the content on this website without prior written permission from trading-tutors.co is prohibited.