Reseñas

Chakri Lokapriya noted that the power sector, particularly companies like NTPC and Power Grid, would thrive with a mix of thermal and renewable energy, projecting significant capacity additions. He also discussed Ola’s electric vehicle market position and valuation, the challenges in the pharma sector, FMCG’s ongoing weakness, and promising midcap Continue Reading

NIIT Share Price: Shares of NIIT have surged 54% on the BSE since ace investor Ramesh Damani acquired a 0.59% stake in the company through an open market transaction on Friday. The stock gained 18.51% in Tuesday’s session, hitting a 52-week high of Rs 182.90. Damani’s stake, valued at Rs Continue Reading

Jayanth Rama Varma — an academic whose four-year term as an external member on the monetary policy committee comes to an end in early October — said over the past year or so, “food inflation has consisted largely of transient spikes that do not spill over into core inflation.”

Anil Ambani’s Reliance Power shares fell 5% for the third consecutive day after SEBI barred Ambani from the securities market due to fund siphoning allegations. Shares of Reliance Home Finance and Reliance Communications also dropped. Despite Ambani’s resignation, Reliance Power claimed the SEBI order does not impact its operations.

LG Electronics Inc. explored an IPO for its Indian unit, aiming to meet a $75 billion revenue target by 2030. CEO William Cho mentioned it as a strategic option, noting a surge in investor interest. The company focuses on enterprise sales growth, subscription services expansion, and investment in its streaming Continue Reading

In the options market, the highest Call Open Interest (OI) is at the 26,000 and 25,500 strikes, while the highest Put OI is at the 25,000 and 24,000 strikes. Call writing is notable at the 26,100 and 25,500 strikes, whereas Put writing is observed at the 25,000 and 24,900 strikes.

Marc Faber, author of The Gloom, Boom & Doom Report, highlighted that everything, including FAANG stocks and collectibles, is inflated. He predicted negative returns on US equities in real terms over the next seven years and suggested investing in precious metals to maintain purchasing power. He advised focusing on capital Continue Reading

PBFintech, the parent entity of Policybazaar, is having a dream run at the stock exchanges. The company is nearing a $10 billion market capitalisation as its stock price has grown to around Rs 1,800 from Rs 1,000 six months ago. While Policybazaar is yet to taste profits from its new Continue Reading

Ecos (India) Mobility and Hospitality, a provider of corporate car rental services, plans to raise ₹601 crore through an offer for sale by promoters, which will reduce their stake from 98% to 68%. The company has access to over 12,500 vehicles, ranging from economy to luxury cars, but only 6% Continue Reading

Stocks in news: The domestic market had a promising start this week, aided by a dovish stance from the US Fed. Shares of Ultratech, Paytm, HCL Tech, Gland Pharma, and GPT Infra gained attention due to various developments. Key moments included Sameera Agro’s bonus shares issue, HCLTech’s extended partnership, and Continue Reading