Goldman's strategists said the gains aren't sustainable, because stocks don't typically recover from troughs until the rate of deterioration in economic and earnings growth slows down
Listing day gains come despite lukewarm response to IPO
The management has laid out a target revenue of Rs 22,700 crore by FY28 driven by amalgamation with Kubota JVs, ramp-up of vehicle/component exports, and continuing growth in domestic businesses
Stocks to Watch: Archean Chemical Industries and Five Star Business Finance will make their market debut today; Tata Motors will replace Dr Reddy's in the BSE Sensex from December 19
Merely giving disclaimers may not guard finfluencers from regulatory action
Amid moderation in inflation, markets seem to have moved past fears of interest rate hikes and investors are now anticipating strong foreign inflows into domestic equities, analysts said
Acquired stakes of partners Arun Sheth, Dhiren Sheth and Dilip Bhatt. Vora will now serve as chairperson and MD of PL Group
Leading stock exchange NSE on Wednesday asked investors not to subscribe to any scheme with assured returns offered by two persons -- Shubhrakanti Nag and Suprakash Debnath. This comes after the National Stock Exchange of India (NSE) noted that Nag and Debnath were operating various proprietary bank accounts in the name of Profit Axis PMS Services, Stox Gurukul, and Tradenext Securities for collecting funds from investors through a guaranteed return scheme. The exchange pointed out that these entities are not registered either as a member or as an authorised person of any registered member of the exchange. However, they are found to be associated with a registered trading member Tradenext Securities Ltd and its directors Shubhrakanti Nag and Suchana Das Nag. In a statement, NSE has cautioned investors not to subscribe to any scheme/ product offered by these or any entities or individuals offering assured or guaranteed returns in the stock market as the same is prohibited by ...
Asian shares were mostly lower Wednesday, as investors got jittery over global risks after Poland said a Russian-made missile killed two people there. Benchmarks fell in morning trading in Tokyo, Sydney, Seoul and Hong Kong, while shares were little changed in Shanghai. Ukrainian President Volodymr Zelenskyy decried the blast as a very significant escalation of the war. Details were unclear, including who fired the missile. The Polish government said it was investigating. President Joe Biden, in Indonesia for the Group of 20 summit, promised full U.S support for and assistance with Poland's investigation. Japan's benchmark Nikkei 225 lost 0.2% in morning trading to 27,924.63. Australia's S&P/ASX 200 slipped 0.3% to 7,121.60. South Korea's Kospi shed 0.3% to 2,472.97. Hong Kong's Hang Seng fell nearly 0.2% to 18,308.00, while the Shanghai Composite was little changed, inching up less than 0.1% to 3,135.88. Asian equities were defensive on Wednesday, with geopolitical tensions ...
Except Ambuja Cements, Ultratech Cement, Ramco Cements, and India Cements need to surpass crucial key levels to lead to a rally ahead
The management also indicated at expansion in gross margins in coming quarters as input cost normalises with no production constraint as this point in time
Stocks to watch today: Adani Green, Zomato, Eicher Motors will report the July-September (Q2FY23) results on Thursday, November 10; Bharat Forge's subsidiary bagged export order worth $155.5 million
Market infrastructure institutions are considered to be the pillars of the stock market ecosystem. These include stock exchanges, clearing corporations, and depositories.
Indian currency at 1-month high on FPI flows, weak dollar
The NSE MD & CEO made the comments while addressing its investors during the exchange's first-ever quarterly earnings concall
Further price cuts, higher advertising costs to weigh on margins
Varun Beverages, Tube Investments, IHCL seen as potential inclusions
Some firms may blue-pencil valuations because of capital requirement compulsions or for providing exits to their investors. Still others can afford to wait
Public-sector banks, defence stocks could do well; PSUs exposed to commodities are at risk
Rising for the second straight day, the 30-share BSE Sensex ended 234.79 points or 0.39 per cent higher at 61,185.15 after a choppy session