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16th Dec 2022
PSU bank stocks have been making headlines recently due to their impressive performance in the market. The performance of PSB stocks last month has been spectacular.The NIFTY PSU bank index has rallied 93 in the past year, while the NIFTY bank in
Think of Jaipur and it usually evokes the image of camels, Hawa Mahal and the Jantar Mantar besides many other castles. But beyond the royal touristy lanes, the city has been quietly producing a few business gems. Some like AU Small Finance Bank h
Swing Trading Stocks for the Week STOCK ACTION CMP SL TARGET 1 TARGET 2 SUVENPHAR BUY 482 453
Copper prices fell on Thursday's session due to lower-than-expected industrial data from the world's top consumer, China, stoked demand concerns, while hawkish comments from the U.S. Federal Reserve's aggressive interest rate hikes dented market sent
15th Dec 2022
Since the beginning of December 22, wholesale milk prices across India have increased by 10.2 YoY. South India's milk costs are up 12.8 year over year. Wholesale prices across India increased just 0.6 month over month. The Nandini brand o
The global markets did not react much to the Fed event and hence our markets started the day on a negative note. The indices corrected sharply in the later part of the day and ended around 18400 with a loss of almost 250 points. Nifty To
The four-decade-old Shriram Group’s flagship company, Shriram Transport Finance Company Ltd, has played a key role in defining vehicle financing in India, building a large network in an unorganized market. Its main business, pre-owned commercial ve
Sula Vineyards IPO worth Rs. 960.35 crore, consisted entirely of an offer for sale (OFS) of the said amount by the existing shareholders. That included the promoters and the early investors in the company. The IPO just closed on Monday 14th December
The benchmark index extended the rally consecutively for the third day in a row. Nifty witnessed gap-up opening on Wednesday session amid firm global cues after the US CPI data while, investors are still waiting for the Fed outcome. Nifty50 index gai
14th Dec 2022
India is sitting on the lowest wheat stocks in six years even as prices have jumped to a record high due to rising demand and falling inventories. Indian wheat stocks held in government warehouses for December fell to the lowest in six years, gove
The Indian stock market has been raring to break out again after hitting a new peak earlier this month. However, there are many stocks that are already in the overbought zone given their positions on the technical charts. We picked two measures—
Looks like good times are back for India’s auto industry. Latest industry data shows that auto sales grew 28 year on year in November, as demand remained robust even after the festive season amid an improvement in supplies. According to the Soc
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