Sandip Sabharwal discusses his investment strategy, highlighting a focus on capital goods, infrastructure, and defense sectors. He plans to deploy cash selectively as stock corrections take place. Sabharwal also shares cautious views on the IT and paint sectors, suggesting that investors wait for clearer signals before making significant moves in Continue Reading

Ola Electric, India’s leading electric two-wheeler maker, announced plans to expand its service network and offer new customer benefits to boost EV adoption.

While there may be increased volatility due to underlying economic concerns in the US, there is optimism about the potential benefits for sectors like IT and infrastructure from this shift in monetary policy. Investors should stay informed about foreign investment trends and the RBI’s upcoming policy decisions, as these will Continue Reading

Adani Energy Solutions shares are in focus as Adani Electricity Mumbai transfers the Adani Dahanu Thermal Power Station to North Maharashtra Power Ltd. through a slump sale. This move, part of a broader restructuring strategy, aims to attract ESG-focused investors and improve the company’s global utility rankings. The transaction awaits Continue Reading

In the Nifty500 pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on September 27, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock Continue Reading

In the Nifty50 pack, we have collated a list of six stocks that witnessed a 5-year swing high at the close on September 27, suggesting bullishness in counters, according to stockedge.com’s technical scan data.A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This Continue Reading

Japan’s Nikkei share average fell over 4% due to a stronger yen after Shigeru Ishiba, perceived as a monetary policy hawk, won the prime ministerial contest. The broader Topix index also declined, and government bond yields rose. Ishiba’s stance on monetary policy remains unclear as he assumes office on Tuesday.

Credit and debit cards offering discounts on travel, experiences, and lifestyle are gaining popularity among affluent and young customers. Banks like Bank of Baroda, HDFC Bank, and HSBC are partnering with travel companies to provide exclusive offers. The trend is driven by rising demand for unique experiences and live events.

Banks in Mumbai are facing challenges with identifying ultimate beneficial owners (UBOs) of foreign investments due to varying disclosure rules across countries. This issue has been discussed among senior bankers, who believe India’s anti-money laundering laws should adapt to different international standards to ensure compliance and transparency.

The Securities and Exchange Board of India (Sebi) is set to hold a crucial board meeting on Monday, following allegations of conflict of interest against chairperson Madhabi Puri Buch. The board may discuss these accusations and issues related to a withdrawn press release on employee matters, although they are not Continue Reading