Reseñas

The central bank had appointed Nageswara Rao Y as the administrator, who invited bids in February 2022 to take over the company.The proceeds will be used to part fund the acquisition of RCAP, while the other leg of the transaction to complete the process for Rs 4,300 crore is parallelly Continue Reading

Although the Nifty’s short-term trend is still weak, the market shows promising signs of a sustainable recovery after a minor dip. According to Nagaraj Shetti of HDFC Securities, crossing the 25,150 level is crucial for confirming a potential upward trend reversal. He also notes that immediate support lies at 24,750.

With the stock market experiencing fluctuations, mutual fund investors are unsure whether to opt for SIP or lumpsum investments. Experts suggest that asset allocation should be based on risk appetite, investment horizon, and liquidity needs. Large cap-oriented strategies and a staggered approach via SIP or STPs are recommended to manage Continue Reading

ET Markets, in an exclusive episode of IPO TALK, spoke with Saurabh Gadgil, Managing Director of PN Gadgil Jewellers, to understand how well the company is positioned at this point and what are the prospects.

Warren Harris, CEO of Tata Tech, discusses the company’s focus on margin preservation and growth in the EV sector. Tata Tech aims to achieve a 20-21% margin in the next two to three years. The company is also excited about its partnerships with Agratas and BMW, which are expected to Continue Reading

It is a foregone conclusion that there is a very high probability of a rate cut, it’s the quantum of the cut that is driving the markets. Also, it is being expressed by some quarters in the US, that the US Fed appears to be behind the curve this time, Continue Reading

Sandeep Bhatia of Macquarie Capital highlights the importance of state elections and US political stability for market triggers. He emphasizes earnings visibility in domestic consumption sectors and discusses trends in the auto industry, particularly luxury cars and SUVs. Bhatia also notes the potential impact of interest rate adjustments on NBFCs Continue Reading

Gala Precision Engineering Share Price: Gala Precision Engineering’s shares debuted on the exchanges with a significant premium, listing at Rs 750 on BSE and Rs 721.1 on NSE. The IPO saw a strong subscription of 200 times. The funds will be used for setting up a new facility, purchasing equipment, Continue Reading

Suzlon Energy Share Price: Suzlon Energy’s shares rose 3% after securing a 1,166 MW wind energy order from NTPC Green Energy. The project in Gujarat will power 3 million households and boost Suzlon’s PSU presence.

The Enforcement Directorate is conducting searches at premises linked to Viresh Joshi, former chief trader of Axis Mutual Fund, in a forex violation case. Joshi was dismissed in May 2022 after allegations of front-running and broker payments. The Income Tax department had previously attached Rs 57 crore of his fixed Continue Reading