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19th Jul 2022
The Indian market began the day in red, mirroring weakness in the Asian market. In the early session, the benchmark indices experienced slight declines due to negative global cues. All of the sectoral indices, except for Metal, Pharma, and Healthc
The Nifty ended sharply higher on Monday and closed above its prior swing high. It also broke the downward channel. The index closing above the 50DMA decisively is another positive signal. It opened with a 100-point positive gap and sustained the
18th Jul 2022
Under normal circumstances, the deadline to file returns for the financial year ended March is the last day of July. However, in the last 2 years, the government has given liberal extensions due to the practical hassles that people faced during the p
The big story in the last few weeks has been the persistent weakness in the rupee. Back in May 2022, the eminent currency expert, Jamal Mecklai, has predicted that 80/$ could not be ruled out for the Indian rupee. In the middle of July, we are almost
Back in 2018 when the finance minister had announced the aggressive minimum support prices (MSP) formula in the Union Budget, the promise was to double farm incomes by 2022. Where exactly does India stand on this issue? Have Indian farmers been able
India’s largest port operating company, Adani Ports and Special Economic Zone (APSEZ), recently completed the acquisition of the Haifa Port in Israel. The deal was done in association with a local Israeli partner, Gadot, which also happens to be a
Late last week, the Securities and Exchange Board of India (SEBI) cleared the name of Ashish Chauhan for the post of MD and CEO of the National Stock Exchange (NSE). However, this decision will still have to be ratified by the shareholders of NSE, al
The shares of Vedanta Limited and JSW Steel closed with a 4.19 and 1.5 gain, respectively on July 18. Vedanta On July 18, the shares of Vedanta surged on account of news regarding the company planning to introduce 2 new coal blocks in the sta
At market close on Monday, the core equity indices ended higher as global markets are seen recovering losses. The Sensex ended at 54,521.15, up by 760.37 points or 1.41 and the Nifty 50 closed at 16,278.50, up by 229.30 points or 1.43. The to
Varroc Engineering Ltd., Garware Tech Fibres, and Larsen Toubro Infotech have witnessed 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 impo
On 15th July 2022, L&T Technology and Services, India’s leading pure-play engineering services company, announced its quarterly results for the first quarter of FY2023 Q1FY23 Key Highlights: - Revenue at ₹18,737 million; growt
Looking for stocks that could deliver good returns till July 19? Here are the High Momentum stocks that one must watch for tomorrow selected on a three-factor model. Many participants see a stock opening w
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