Markets
Nifty again headed towards all-time high; charts show midcap, smallcap indices may beat benchmarks
Nifty could be headed towards 15,400 levels in the coming months. Nifty 50 may be again headed towards its lifetime high of 15,430 in the coming months, having held a key support level during the last few weeks’ correction, ICICI Direct said in a recent note. The benchmark NSE...
RIL share price falls 2.5% after Q4 results miss estimates, but now set to rally; should you buy?
Reliance Industries Ltd had a one-time gain of Rs 797 crore as against a one-time exceptional loss of Rs 4,267 crore in the fourth quarter of FY21 RIL share price fell as much as 2.5 per cent to Rs 1,943.70 apiece in the morning deals on Monday, after the...
RIL, Kotak Bank, TCS, Maruti Suzuki, Yes Bank, SBI Life, IndusInd Bank, autos, Adani group stocks in focus
This week, investors would keenly track the state elections outcome and Auto monthly sales data which would keep the market on the edge Nifty futures were trading 203 points or 1.39 per cent lower at 14.457.20 on Singaporean Exchange, suggesting a weak opening for BSE Sensex and Nifty 50...
Gold, silver prices fall for second week straight; is economic recovery hitting precious metals?
Gold prices traded down last week. (Image: REUTERS) By Tapan Patel Commodity prices traded mixed during the week passed by with Bullion prices witnessed decline for the second week with risk on sentiments. Base metals continued to trade higher with Nickel rallying the most followed by Copper and Lead...
Share Market LIVE: Sensex, Nifty set to open with losses; PowerGrid InvIT IPO subscription window closes today
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Global cues were muted after stock indices on Wall Street closed in red on Friday and most Asian peers trading with losses. via India Infoline
Bajaj Finance rating – Buy: Balance sheet is back in good shape
Moreover, its strong capital level (25.1% Tier 1 ratio) and liquidity position should allow it to tap potential opportunities. Gross NPLs declined to 1.8% from 2.8% in Q3 as BAF wrote off bad loans to the tune of c1.3% in Q4. Notably, the Stage 3 coverage ratio remained stable...
Britannia Industries rating – Neutral: Q4 numbers were below expectations
An employee counts Indian rupee banknotes at a Walmart Inc. Best Price Modern Wholesale store in Hyderabad, India, on Saturday, March 16, 2019. Walmart is making friends in India with the kind of competitors that it spent decades putting out of business in the U.S. — mom and pop...
Jindal Steel & Power rating – Buy: Deal improves growth outlook for steel business
A hot steel slab exits the slab castor as it moves along a conveyor in the plate mill of the Jindal Steel & Power Ltd. plant in Raigarh, Chhattisgargh, India, on Wednesday, Feb. 11, 2015. Jindal Steel manufactures sponge iron, mild steel, and cement. The Company also produces power,...
Maharashtra complains about restrictions on soybean seed movement from MP
Earlier, the agriculture officers of Indore and Ujjain had passed an order restricting the movement of soybean seed for sale outside the jurisdiction of these districts. The department of agriculture, Maharashtra, has written to the Centre complaining about an order passed by the Madhya Pradesh government putting restriction on...
Embassy REIT: Maintain ‘buy’, lower TP to Rs 380
4QFY21 taking total vacancy increased by 170bps q-o-q (370bps q-o-q on a same-store (SS) basis) to 11.1% (and 13% on a SS basis). While collections remained steady, rental escalations continued, and vacancies increased by 370bps on a SS basis. We believe MPPL presents a dilemma, with an opportunity to...
