1/10 Eid-ul-Fitr marks the end of holy month of Ramadan. Eid-ul-Fitr begins at the first sighting of the Moon. It is a time of celebration for the entire […]
After short breather; FPIs invest in equities on global uncertainty, concerns over China
Foreign Portfolio Investors (FPIs) have infused over Rs 3,200 crore in Indian equities so far this month driven by uncertainty in the global markets, economic concerns in China, […]
FTSE set to increase HDFC Bank’s weightage in its indices across 3 tranches
As the reverse merger of Housing Development Finance Corporation (HDFC) with HDFC Bank completed, the investability weight of the private lender grew to 1.52% from 0.81%. Index aggregator […]
Where is share market headed after Nifty ends below 19530, Bank Nifty below 45000; check support, resistance
Benchmark indices NSE Nifty 50 and BSE Sensex tanked over 1% and ended Wednesday’s session in the red zone. The NSE Nifty 50 sank 207 points or 1.05% […]
Cell and gene therapy will be top industry trend for pharma in 2024
Healthcare industry professionals scored cell and gene therapy (CGT) as the industry trend to have the greatest impact on the pharmaceutical industry in 2024, in a recent survey […]
ITC stock rating ‘buy’: Emkay initiates with Rs 525 target, cites growth, value unlocking; check upside
Analysts at Emkay Research have initiated coverage on ITC shares with a “buy” recommendation and a target price of Rs 525 per share by June 2024. The recommendation […]
Axis Bank: Growth outlook strong; a robust 18% core PPoP growth from FY23 to FY26F seen
Axis reported a profit after tax (PAT) of Rs 58 billion in Q1FY24, showing a 41% year-on-year increase. The PAT was 9% below our estimate but in line […]
Nifty positively biased, witnessing short covering bounce, traders should buy on dips; Bank Nifty sees selling pressure
By Manojh Vayalar This April series Nifty futures started with a premium of 70-80 points for the current month. Nifty futures along with FII maintained 83% short positions […]
Buy Hindalco, Lupin, IndusInd Bank to pocket gains; short-term market texture looks bullish; use dips to buy
By Shrikant Chouhan NSE Nifty 50 index successfully cleared the short-term resistance of 18000/60350 and succeeded to close above the same on Tuesday, which is broadly positive. In […]
Gold drops to three-week low as risk aversion sentiment favours dollar; prices range-bound, go long on dips
By Bhavik Patel As investors continue to respond to Fitch Ratings’ statement downgrading the U.S. government’s long-term debt to ‘AA+’ from ‘AAA,’ rising risk aversion sentiment in the […]