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23rd Jun 2022
Talk of Foxconn and the first thing that comes to mind is a Taiwanese company that makes chips on behalf of Apple Phones. But outsourcing at Foxconn is a lot more beyond chips. It can also outsource the manufacture of electrical vehicles or EVs and t
Indian markets have lost all the gains notched over the last one year and are now trading a sixth below their peak, in sync with global bearish sentiments and concerns about interest rate hikes in the country and abroad. The small-cap space has al
The Securities and Exchange Board of India (SEBI) has long had a problem with the concept of pool accounts wherein mutual fund investments were routed through the broker pool accounts. This problem became more pronounced after the Karvy fiasco, where
Over the last few days, UPL has consistently been among the major losers on the street. The fall has been sharp and it has been rapid. For instance, the shares of UPL recently hit its 52-week low of Rs.618.05. The stock is now down as much as 23 in
Even as there has been a spate of bad news on the macro front, there has also been some good news on the Current Account front. The Current Account Deficit (CAD) for the March 2022 quarter came in sharply lower by $7.76 billion for March 2022 quarter
In a May 2019 interview, Ankiti Bose, then 27, told a business news channel that to be an entrepreneur, “you have to be a pathological optimist”. Bose was on a high back then as she was on course to becoming the first Indian woman to found a b
KEC International Ltd., Route Mobile, and Coforge have witnessed volume burst in the last 75 minutes of the trade. As the saying goes, the first and the last hour of each trading session is the most important and active in terms of
It is no secret that the rupee has been falling and it has been falling consistently; or rather you can say it is weakening. On Wednesday 22nd June, the Indian rupee slumped to a fresh life-time low of 78.39/$ as risk appetite diminished ahead of the
The general practice of the RBI is to announced the minutes of the MPC meet a full 14 days after the conclusion of the meeting. The MPC meet, which concluded on 08th June, announced its minutes on 22nd June. It may be recollected that in June, the RB
Looking for stocks that could deliver good returns by June 24? Here are the High Momentum stocks that one must watch for tomorrow selected on a three-factor model. Market participants often see a stock opening with a gap-up and wish they should ha
Less than 6 months after the sale of Dewan Housing Finance Ltd (DHFL) to Piramal Enterprises was finally consummated, it has become the subject of one of the biggest frauds in the history of corporate India. The Central Bureau of Investigation (CBI)
Indices trim gains to trade lower dragged by energy and oil and gas names. Shares in Asian markets climbed amid positive global cues. All the major indices were trading upwards except Taiwan’s TSEC 50 Index. On the other side, Singapore has release
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