In the past one month, the Nifty PSU Bank index has rallied 17.4 per cent as against a 2.1 per cent gain in the S&P BSE Sensex
LTIMindtree has emerged as the fifth largest IT services player in terms of market capitalization post-merger
Coal India, SBI and Adani Enterprises continue to trade with a robust bullishness, while TVS Motor and Bajaj Finance seem to be struggling to hold their ground, technical charts show.
For the year ended March 31, 2022, supplies to the US market from the Halol facility accounted for approximately 3 per cent of the company's consolidated revenues.
At 09:15 am; around 20.73 million equity shares representing 8.58 per cent total equity of Triveni Engineering changed hands on the BSE, the exchange data shows.
Indian property cycle has multi-year pent-up demand and is more dependent onpricing sentiments (now strengthening) instead of mortgage rates.
Stocks to Watch Today: Markets to track Gujarat, Himachal Pradesh assembly results. Shares of rate sensitive sectors to be in focus as RBI policy signals likely further rate hikes.
A total of 25 properties of the four companies will be auctioned at a reserve price totalling Rs 12.2 crore
A moderation in new non-performing loans (NPL), improvement in margins, and loan growth are attributed as the reasons for the bullishness in banking stocks
Subdued Asian markets and continued selling by foreign investors further weighed on investor sentiment, traders said
Despite a repo rate increase on expected lines, equity markets edged lower as the governor rang alarm bells over sticky core inflation
Equity allocation varies by a big margin across schemes as fund managers use different models
Lock into one-two year FDs and continue laddering, say experts
RBI may have moderated rate hike, but vigilant tone suggests defence of rupee
Changes effective Dec 12; RBI had shortened market hours for all segments in April 2020
As per the charts, SBI and DLF need to conquer the near resistances at Rs 620 and Rs 420, respectively, for fresh gains to emerge.
CLOSING BELL: The central bank increased repo rate by 35 basis points and lowered GDP growth forecast for FY23 to 6.8 per cent as it remained cautious of a sticky core inflation amid global turmoil
RBI governor Shaktikanta Das said that rural demand is recovering as reflected in the pace of tractor and retail two-wheeler sales, with rising farm activity
India Acorn Icav (333,363 shares), Abu Dhabi Investment Authority (240,300 shares) and White Oak Capital Management Consultants LLP (128,959 shares) bought more than 100,000 shares of the company.
L&T is the best proxy for domestic capex given its market leadership in the engineering and construction industry, diversified revenue stream and strengthening balance sheet.