The coal production in Q1FY23 was 160 mnt, up by 29% YoY. Additionally, the offtake of coal increased by 11% YoY to 178 mnt. Notably, Coal India plans to produce and offtake 700 million tonnes in FY23E. In contrast to the 1.7 million accomplished in

Sensex jumps 500 points; Nifty reclaims 16,000 level on firm global cues. Asian markets rose on Tuesday as US President Joe Biden is about to roll back some of the tariffs on Chinese goods which were imposed during the Trump era. Japan

Sensex gains over 500 points, Nifty near 16,000 level led by metal and power stocks. India’s June trade deficit widened to a record USD 25.63 billion, pushed by a rise in crude oil and coal imports while adding pressure on the rupee. On th

Indian markets end a three-day losing trend; FMCG, banking, and financial stocks witness a boost. After a choppy session on Monday, the domestic equities indices completed the day with decent gains. The Nifty touched a low of 15,661.80 in th

In order to reduce the growing trade deficit, which caused the rupee to drop to a record low of Rs. 79.12, the basic import duty on gold has been raised from 7.5 percent to 12.5 percent. The overall effective import duty on gold is 15.75 percent (bas

Recently the government of India imposed windfall tax. After the announcement, Oil marketing and refining company shares fell on Friday because it will have a negative impact on their earnings. The price of Reliance Industries' stock decreased by 7.1

BTST/STBT Stocks for today STOCK ACTION CMP SL TARGET 1 TARGET 2 TRENT BUY 1115 1080

Domestic indices reverse losses, led by FMCG and Power names Most Asian stocks gained on Monday tracking gains from Wall Street. All the major indices were trading in the green except Hong Kong’s Hang Seng. SGX Nifty indicated a positive o

Sensex gives up 53,000, Nifty near 15,700 dragged by metal stocks Economist Nouriel Roubini, who is known as ‘Dr. Doom’ for his forecast of the 2008 global recession, warned that the world's major economies including the US are heading t

Swing Trading Stocks for the Week STOCK ACTION CMP SL TARGET 1 TARGET 2 VIJAYA BUY 350 3

Mukesh Ambani recently laid his carefully charted succession plan for India’s largest conglomerate Reliance Industries. He stepped down as the director of the company’s digital and telecom arm, Reliance Jio Infocom. Subsequently, His

The recent entrant to the 2022 IPO party is Indian spirits manufacturer Allied Blenders & Distillers Pvt, it has filed its draft red herring prospectus (DRHP) with SEBI) to raise funds up to ₹2,000 crores via initial public offering (IPO). T