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21st Sep 2022
Following unfavourable Asian indications, the major equities barometers experienced mild losses on Wednesday. All other sectoral indices on the NSE ended in the red, with the exception of the Nifty FMCG index. The S&P BSE Sensex, the barometer
Our indices traded with a negative bias ahead of the U.S. FOMC meet and ended the day with a loss of around half a percent. Nifty Today: Recently, the Nifty has resisted around the 18000-18100 range and has seen bouts of
ACTION STOCK CMP SL TARGET 1 TARGET 2 BTST CUMMINSIND 1276 1224 1328
The Indian footwear market grew by 8.8 CAGR to Rs. 960 billion in the last 5 years. According to CRISIL, it should experience a 15–17 CAGR in value terms in the next few years, helped by both volume and price increases. The economy's mass-market
Have you been to those roller coaster rides, where you get those butterflies in your belly as soon as the ride goes up? As it gets near the top, your palms get sweaty, your heartbeat increases, and you try to hold the swing as tight as possible. The
After nearly 40 months, the liquidity of India’s banking system has slipped into a deficit, prompting the Reserve Bank of India (RBI) to infuse Rs 21,800 crore ($2.73 billion) into the banking system on Tuesday, the highest amount since May 2019.
Billionaire Gautam Adani, among the world’s three richest people, has reportedly pledged his entire stake in cement makers Ambuja Cements Ltd and ACC Ltd to foreign banks to fund the $6.5 billion purchase of the two companies. The Adani fa
India and the US may be headed for a face-off if the Biden administration gives in to pressure from a bipartisan pair of senators who are pressing it to use secondary sanctions to enforce a cap on the price of Russian oil. According to internation
Nifty started with a gap up opening and rallied with a broader market participation to surpass 17900 mark. However, the index gave up some of the gains in the last hour of the trade and ended above 17800 with gains of over a percent. Nif
Bank Nifty on Tuesday advanced 1.38 and it has closed at a new lifetime high. It opened with a positive gap and sustained above the gap. However, it moved in a range and formed a small body candle. The last three candles look similar quite similar i
20th Sep 2022
In what could be music to the ears of economists, India could keep its market borrowing plan intact for the financial year and may even reduce the target, a Bloomberg report has said. According to the report, the finance ministry is discussi
The US Federal Reserve is set to begin its two day bi-monthly deliberations on a rate hike, and the Indian stock market is watching nervously. While the Nifty and the Sensex have managed to hold on to their elevated levels thus far, the two benchmark
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