Evergrande of China is in the news for all the wrong reasons. It is no ordinary company. It is the second largest Chinese real estate company and has been a big beneficiary of the real estate boom across China. With over 1,300 projects spread across

On Friday, 17th September, the metal stocks came under pressure across the board. The NSE Metals Index was down 6.43 on Friday. There were 8 stocks that lost more than 5 in a single day, as shown in the table below. Stock Name

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On Saturday, 18th September, the Ministry of Civil Aviation allowed domestic carriers to operate flights at 85 of pre-COVID levels. This was 50 in June, 65 in July, 72.5 in August and has now been increased to 85. In a way, this is almost a reve

Every morning our analysts scan through the markets universe and chose the best momentum stocks to buy today. The stocks are recommended from a wider list of momentum stocks and only the best ones make it to the top 5 list. We also update on the

NIFTY 50 Nifty closed on a negative note at 0.25 near 17585.15 levels on friday. The market breath was bearish with 15 advances against 34 declines and 1 remain unchanged. FMCG, IT, Metals, Pharma, PSU Banks, Realty index ended the session

On 16th September, the government announced plans for a Bad Bank with assured government guarantees of Rs.30,600 crore. The structure will be something like this. There will be the National Asset Reconstruction Company (NARCL) which will hold and man

In its forthcoming meeting on 17th September, the GST Council is likely to consider a 5 tax on food delivery. This GST will be levied on food delivery apps like Swiggy, Zomato and Dunzo instead of levying the GST on the restaurants. While there is n

The government on 15 September announced performance linked incentives (PLI) scheme for the automobile sector to the tune of Rs.26,058 crore. The PLI scheme will encourage the development and use of new technologies with a strong focus on green energ

Biocon Biologics, the bio-similars arm of Biocon Ltd, will place 15 stake with Serum Institute Life Sciences, a subsidiary of the Serum Institute of India. Serum Institute is owned by the Poonawala Group. Serum Institute is already the world’s lar

Nearly a week after it was originally scheduled to be announced, the government put out its Telecom Relief package. Here are some of the highlights of the package. 1) The government has offered a 4-year moratorium to telecom companies for th

TCS had been India’s most valuable company for a long time till Reliance regained the mantle last year in the midst of its digital shift. On 15-Sep, TCS finally crossed the $200 billion market cap level and got pretty close to Reliance’s market c