A sweeping victory for the Bharatiya Janata Party in Gujarat assembly elections did little to lift the mood in Dalal Street, as the hawkish view of RBI on inflation Wednesday played on the minds of investors
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L&T, RCF among 5 stocks gave 5-year breakouts
In the Nifty500 pack, five stocks crossed their previous 5-year high value at the close on December 7, suggesting bullishness in counters, according to stockedge.com’s technical scan data. Take a look
Golden Crossovers: These 5 stocks signal further bullishness on Thursday
In the NSE list of stocks, five stocks with a market cap of over Rs 100 crore are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average Continue Reading
India the only bright spot in otherwise slowing world economy: Aditya Shah
I do not see it as a very big problem for the economy. If the economy will start to grow, the leading indicator for it will be credit growth which is now going to get to about 16% which has not been the case over the last five years. So Continue Reading
Corporate Radar: Can Fin Homes to go ex-dividend, BLS International ex-bonus date & more
Shares of BLS International will trade ex-bonus in the ratio of 1:1. The record date for the same is December 10, 2022. EFC (I)’s board will meet today to consider the conversion of 95,500 convertible warrants into equity shares on a preferential basis to the promoter.
IT stocks may have tested a bottom, a sharp correction from here is unlikely: Raamdeo Agrawal
These days, I am getting a lot of foreign visitors. They are telling me that India is a bright spot and are willing to pay for the stability. Valuations are high compared to other emerging markets (EMs) but they have a whole set of problems.
Over 90% of retail investors bet on new-age financial products; will this trend continue?
Blame it on the subdued returns given by assets such as fixed deposits or gold, or the COVID-induced work-from-home environment, retail investors have emerged as a new don of Dalal Street.
Fundamental Radar: 5 reasons why Sumitomo Chemical could hit fresh record highs in next 1 year
Sumitomo Chemical India (SCIL) is part of Sumitomo Chemical Company (Japan) and is a leading player with a 12% share in the India agri-input market. Strong parentage offers a competitive edge in terms of technical capabilities, strong distribution, and R&D support.
RBI adds more features to UPI, allows multi debits and single block facilities
The Reserve Bank of India (RBI) has said UPI customers can create a payment mandate against a merchant by blocking funds in a bank account for specific purposes, and the funds can be debited whenever needed.
Forex inflows likely to rise, says RBI Governor
“The terminal interest rate for the US Fed is anybody’s guess, but it cannot be the case that their monetary policy will be tightened endlessly,” Das said Wednesday in his monetary policy commentary. “When the tightening is over, the tide will surely turn. Capital flows to India will improve and Continue Reading