Surge in traffic and digitisation trends to power revenues
However, high valuation may restrict immediate gains for the stock
The Sensex ended the session at 33,605, rising 376 points, or 1.1 per cent
Market participants say heightened volatility in markets is attracting investors to take advantage of sharp swings, but only few will end up making money
The committee headed by former Supreme Court Judge Anil Dave has proposed a method of quantification of profit made by the defaulter and loss caused to investors
A record 78% of investors surveyed by BofA Securities believe markets are most 'overvalued' since 1998
Over a half of those surveyed said they were holding more than 5 per cent of their AUM in cash. Also, 51 per cent of the respondents do not plan to change the level of their cash holdings in the near
Sensex was back in the green and closed 376 points higher at 33,605 while the Nifty50 index ended the session at 9,914
All that happened in the markets today
Over the past two months, it has announced the sale of $ 14 billion of assets, completed a $7 billion rights issue and slowed the run rate of new investment by a quarter
The stock dipped 8 per cent to Rs 360, falling 11 per cent from its opening level of Rs 405 on the BSE on Tuesday.
The Ministry of Finance had recently proposed to impose basic customs duty (BCD) on solar cell and module imports to encourage domestic manufacturing
In the past one month, Dhanuka Agritech, Sharda Cropchem, Aster Lifesciences, Bayer Cropscience, Insecticides India, Rallis India and UPL have rallied between 11 per cent and 44 per cent
The company said it expects significantly lower sales in the first quarter (Q1FY21)
The stock was locked in the 10 per cent upper circuit band for the fifth straight day, at Rs 146.70 on the National Stock Exchange (NSE).
Net interest margin also improved from 3.29 per cent to 3.52 per cent during the quarter.
Midcap stocks are showing a healthy momentum. Select stocks are set to rise even more. Here are a few that look good on the technical charts and can move up by 10% in the coming sessions
The SGX Nifty is up around 170 points from yesterday's close and is indicating an open at around 9,980 levels for the Nifty today
The stock of Siemens is making a lower high and lower low formation on the daily chart and it has breached its short term 21 DMA which is currently placed near 1,075 levels
A 7% decline in same-store sales is twice that of Jubilant's