For the fourth quarter of Financial Year 2022 ended September 30, Siemens Ltd registered revenue from continuing operations of Rs 4,237 crore, an 11 per cent increase over the same quarter in the preceding year, it stated
Economists have factored a lower growth for the September quarter at 6.5 percent compared to 13.5 percent in the June quarter. Despite risks of a further slowdown, the Reserve Bank is still expected to deliver a 35 to 50 basis points ( one bps is 0.01 percent) rate hike to Continue Reading
According to the Amex Trendex, a trend report from American Express, 88 per cent Indian respondents agree that they want to earn credit card rewards for online purchases this holiday season. The survey, however, did not mention the number of respondents.
The Dow Jones Industrial Average rose 109.8 points, or 0.33%, at the open to 33810.05
In the absence of any major event, the performance of the global indices, especially the US markets, will dictate the market trend. Besides, the upcoming expiry of November month derivatives contracts would keep the participants busy. Meanwhile, we suggest continuing with a stock-specific trading approach and focusing on sectors that Continue Reading
In the NSE list of stocks with a market cap of over Rs 1,000 crore, four stocks crossed their previous 5-year high value at the close on November 21, suggesting bullishness in counters, according to stockedge.com’s technical scan data. Take a look
Citigroup maintained a buy rating on Bharti Airtel with a target price of Rs 940. The global investment bank forecasts a 15% consolidated EBITDA CAGR for Bharti over FY22-25E.
The 30-share Sensex ended 274 points higher at 61,419 while its broader peer Nifty 50 ended just below the 18,250 level
The quota reserved for qualified institutional buyers (QIBs) was subscribed 98.47 times while the one reserved for non-institutional investors (NIIs) and retailers was subscribed 21.21 times and 4.1 times, respectively.
Most of the technical indicators are in a buy mode. Additionally, it gave a breakout from 70-week consolidation which auger well for the bulls. On the price front, the stock price is trading above most of the crucial short- and long-term moving averages such as 5,10,30,50,100, and 200-DMA which is Continue Reading
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