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6th Jul 2022
The stock of ASIANPAINT soared over 2 on Wednesday. The crude oil has been on a downtrend in the past few days and has fallen from USD 120 per barrel to sub 100-levels. Such profit booking has come in the anticipation of growing recession f
The solar power producer announced in a press release on July 5 that it has bagged the biggest order to execute solar power projects of 26.60 MWdc. The orders are received from M/s Nouveau Jewellery LLP of 23.60 MWdc capacity and from M/s No
An investment of Rs 1 lakh in the shares of this company would have turned to Rs 4.8 lakh in just one year! The company’s shares have delivered returns of 387.62, going from Rs 2.99 on 5 July 2021 to Rs 14.58 on 5 July 2022.&n
Check out the midcap companies making headlines in the morning trade session. Among the midcap companies, Kansai Nerolac, Tejas Networks, Welspun Corp, Dalmia Bharat, and Blue Dart Express, are among the stocks in the news on We
Metal stocks decline whereas auto stocks catch the limelight. On Wednesday, the equity benchmark indices started the trading session positively amid mixed global cues. In the pre-opening session on Monday, Nifty futures on the Singapore Exch
The benchmark index reacted from a 50 retracement level. It sharply declined over 240 points from the day's high and formed a strong bearish candle. It broke the sloping trendline of the flag pattern on the hourly chart with an opening gap. But it r
5th Jul 2022
When the Budget 2022 was announced, one redeeming feature was that the government decided to cut down the fiscal deficit from 6.9 in FY22 to 6.4 for FY23. The fall of 50 bps was not substantial but a good decision in giving comfort to markets. Howe
It is no secret that the Tata Nexon virtually dominates the sales of electrical vehicles (EVs) in India. Albeit on a small base, but the growth in EV sales by Tata Motors has been phenomenal. In the recently concluded FY22, Tata Motors saw the sales
Just a couple of days after the merger of HDFC Bank and HDFC Ltd was given the no objection certificate by the BSE and the NSE, the nodal regulator RBI has also cleared the merger proposal. It was expected that the RBI may pose objections to the fact
When Zomato recently took over Blinkit, the biggest objection to the deal was that a loss making company was acquiring another loss making company and the result would only be more losses. The other objection was that Quick Commerce (what Blinkit spe
There are few stocks on Dalal Street that have been as obviously enticing but so frustrating as ITC Ltd. It was always considered a natural winner with its mountains of profits and its FMCG foray. It never happened. While other FMCG players like Hind
On 04th July 2022, the Ministry of Commerce released the provisional figures for trade numbers for the month for June 2022. Normally, the practice is to release the actual merchandise trade numbers around the middle of the month but the indicative nu
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