Reseñas

“I do not think we can keep getting PE expansion at the expense of earnings growth. So, earnings growth is one of the key factors. The other key factor would be any kind of move towards peace in Russia and Ukraine because that will bring down oil prices very quickly Continue Reading

In the NSE list of stocks with a market cap of over Rs 3,000 crore, six stocks crossed their previous 5-year high values at close on November 28, suggesting bullishness in counters, according to stockedge.com’s technical scan data. Take a look:

The company targets industry-leading volume growth in the near future. A turnaround in east profitability is key, it said. “With volume growth/cost leadership, Dalmia is a strong mid-cap cement play,” said the note.

Sectorally, buying was seen in FMCG, utilities, power, consumer durables, and healthcare stocks while some selling was visible in auto space.

While Nifty gave a return of 9% in the September quarter of FY23, a handful of companies staged a turnaround from loss-making to profit-making on a year-on-year basis.

In the NSE list of stocks, five stocks with a market cap of over Rs 1,000 crore are witnessing Death Crossovers, according to stockedge.com’s technical scan data. The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stock’s short-term simple moving average Continue Reading

As per the Fibonacci ratios, the stock has the potential to head higher towards 86 and 95 levels being 3.618 and 4.24 retracement ratios, respectively. Whereas on the downside key intermediate support is seen at 76-71.

Barkin said he believes the Fed needs to make sure not to stop raising rates too soon, and should save any talk of potentially loosening policy until it is sure inflation is under control.

The panel will have to advise the regulator on simplifying and strengthening the current norms by adopting appropriate global practices. The committee, which has representatives from stock exchanges and law firms, would also have to suggest measures to facilitate ease of doing business.

​​Continued domestic flows helped cushion the Indian markets from the impact of foreign selling in the first half of the year. China, Korea, Germany, France and the UK declined between 2% and 17% since October 19, last year, while the Nifty gained 1.4% in this period.