Reseñas

“Nifty is now placed at the crucial resistance of 18,650 level and is not showing any strength to surpass the hurdle decisively. A sustainable up move from here could confirm an upside breakout of the resistance and any failure is likely to result in minor downward correction ahead,” said Nagaraj Continue Reading

Catering exclusively to the financial services & technology industry, Finbridge Expo has become a mainstream platform for many financial service providers to showcase their products and services. The event would be held from December 17-18 at Nehru Centre, Worli, Mumbai from 17th – 18th December.

“We find Abans being one of the beneficiaries of the government reforms,” said the brokerage. “Moreover, despite the shocks in the past such as the pandemic and current geopolitical situation, Abans Holding was able to grow at PAT levels in the last two years.” The company operates in a highly Continue Reading

Morgan Stanley analysts said PSU banks should see relatively higher margin expansion compared to many private banks over F22-F24, reflecting a higher starting point of liquidity, sharp moderation in NPA formation, reducing interest income reversals and lower share of wholesale deposits relative to select private banks.

In a notice, the Department of Investment and Public Asset Management (DIPAM) said the last date for submission of EoI is January 7, 2023, instead of December 16, 2022.

Credit Suisse maintained an outperform rating on InterGlobe Aviation with a target price of Rs 2350 on the back of strong plane addition in Q3, particularly 321 NEO. Indigo is leveraging the robust demand environment, it said. The global brokerage firm is of the view that a combination of higher Continue Reading

In the NSE list of stocks with a market cap of over Rs 5,000 crore, seven stocks crossed their previous 5-year high value at the close on December 13, suggesting bullishness in counters, according to stockedge.com’s technical scan data. Take a look

S&P BSE Sensex closed with gains of over 400 points while Nifty50 reclaimed 18,600 levels on Tuesday.

Stocks that were in focus include names like UCO Bank which was up nearly 20%, Yes Bank which gained nearly 14%, and Indian Overseas Bank which closed with gains of nearly 15% on Tuesday.

KFin Technologies is a leading technology-driven financial services platform. It is India’s largest investor solutions provider to mutual funds, based on several AMC clients.