CreditAccess Grameen, Laurus Labs and Elgi Equipments have witnessed a volume burst in the last 75 minutes of the trade. As the saying goes, the first, as well as the last hour of each trading session, is the most important a

The allotment of warrants in Ambuja Cements to the Adani family office is finally through. On Tuesday, the board of Ambuja Cements secured approval from the Finance Committee of Directors authorizing the allotment of warrants worth Rs5,000 crore. Thi

India may not be in the trillion dollar forex reserves club like China, Japan and Switzerland. But, at $647 billion at the start of the year, India’s forex reserves were in the top 5 in the world, making it one of the more stable economies among th

The dollar is getting stronger over the last few months and it has now starting hitting the economies beyond just currencies. The impact is felt across the world. From the developed economies like UK, EU and Japan to emerging market economies like In

Recession warnings in the US having been doing the rounds for quite some time now. The question is; how severe would be this recession. Would it be unforgiving like the recession post 1929 (lasting for over 40 months) or would it be a relatively hard

To begin with, there looks to be nothing wrong with the stock of ICICI Bank. It has been one of the most preferred stocks in Indian banking space in the last 2 years. It is not just the price appreciation that the stock seen, pipping SBI to become th

Nifty 50 began higher on the back of strong global trends. In this post, we have identified solid stocks that are experiencing a positive breakout. Nifty 50 index began higher at 17,568.15 compared to its previous closing of 17,486.95. This was du

On 18th October 2022, ICICI Lombard General Insurance announced its second quarter results for the period ending 30th September 2022. Q2FY23 Performance updates: - Gross Direct Premium Income (GDPI) of the Company was at Rs. 105.55

It needs no reiteration that the rupee has been under tremendous pressure from a strong dollar and persistent FPI outflows. The RBI forex reserves have fallen from a high of $647 billion to $532 billion with more than 30 of the losses explained by R

At the end of September quarter, order backlog for the company stood at Rs 33,457 crore. Praj Industries, India’s leading company in bio energy space announced Q2FY23 results on October 18, post market hours. Consolidated revenue for the s

The stock surged 3 on the day On October 18, the market is trading in green. At 10:56 am, the S&P BSE Sensex is trading at 59325.61, up 0.6, while NIFTY50 is trading at 17584.1, up 0.56. Regarding sectoral performance, Financials and C

On Monday morning Indian indices started on a great note! Domestic equity, BSE Sensex was up by 101.96 points or 0.16 at the 61,897 level, while the Nifty was up 44.20 points or 0.24 at 18,393.90. About 1756 shares have advanced, 1690 declined,