Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher
The US will from tomorrow target buyers of Iranian oil in order to deprive Tehran of its main source of income
Lofty valuations, coupled with the poor performance by smaller-sized IT firms, has dampened investor sentiment
Insurance companies seem to have used the recent correction to buy shares
Overall, the aggregate Nifty companies' earnings estimates for 2018-19 has been lowered by around 3% to Rs 528
One is the intense competition from food-technology applications such as Swiggy and Zomato
Further, upcoming elections in India and escalating trade war tensions between the US and China too blemished the outlook of equities in emerging markets like India
The government has raised over Rs 150 billion so far this fiscal through PSU disinvestment
The BSE and NSE will conduct a special 'Muhurat' trading session on Wednesday, November 7
In the ranking of the top-10 firms, TCS held on to the number one spot, followed by RIL, HDFC Bank, HUL, ITC, HDFC, Infosys, SBI, ICICI Bank and Kotak Mahindra Bank
Pompeo said the European Union, which recently announced the creation of an economic channel to continue financial dealings with Iran, was not among those receiving waivers
A president who thinks inflation can be fixed by lower interest rates isn't going to let his country's central bank raise rates to the degree economic factors may require
Many companies in sectors like pharma, tourism defer payment despite growth
Number of those reporting such gains is a fraction of investor count from other sources
Improvement in GST collections and favourable earnings posted by some companies saw investors adding to risky bets
Although orthodox tea production dipped by an estimated 10 per cent, prices didn't firm up
In Q2, a 69% surge in provisions kept the bank in the red with reported net loss of Rs 45 bn
From the 30-share pack, 25 stocks ended with gains led by Maruti Suzuki India, Tata Motors, Vedanta and Induslnd Bank
Revenue growth was driven by doubling of passenger vehicle (PV) export revenues, accompanied with healthy double-digit growth in other key verticals
Nifty Auto index rose 4.2 per cent led by a rise in Maruti Suzuki, Tata Motors and Hero MotoCorp. The Nifty Bank index, too, ended 1.5 per cent led by IndusInd Bank and Axis Bank