After a gap-up start on Thursday, BSE Sensex and NSE Nifty 50 gave up gains and turned negative. So far in the trade, BSE Sensex hit a day’s low of…
Reliance Industries’ refining margins may be hit by new govt tax, but analysts still bullish on RIL stock
Reliance Industries’ share price tanked 7% on Friday and traded flat on Monday as investors reacted to the government’s new taxes on petrol, diesel, and ATF export. Apart from the…
How to achieve exponential growth through strategic transformation
– By Rajan Gupta When the majority of businesses take off, entrepreneurs have this phenomenal ardour with the idea that their venture will grow to become revolutionary. They dream about…
ICICI Securities research note: Valuation of equities stabilises as ‘unfettered inflation’ cry weakens
Equity valuations have stabilised as the ‘unfettered inflation’ argument weakens because of retreating commodity prices, ICICI Securities said in a research note on Tuesday. The key argument for a sharp…
New car sales during Navratri remain flat
Car and sport utility vehicle (SUV) sales during the Navratri period this year remained flat compared to last year at around 220,000 units. However, last year’s Navratri was spread between…
Rakesh Jhunjhunwala 62nd birthday today: Rs 5000 investment now worth over Rs 39500 crore in 36 years
Big bull Rakesh Jhunjhunwala celebrates his 62nd birthday today, 5 July 2022. Rakesh Jhunjhunwala, India’s Warren Buffet, was born to an Indian Tax officer in a middle class family, and…
Reliance, HDFC Bank, Infosys, SBI, TCS, Coal India, Bharat Forge, NTPC stocks in focus on 4 July
Indian equity market are likely to start trade on a tepid note on Monday and thereafter look at key index heavyweights for a directional move, given the news flow out…
Rupee likely to appreciate on weak dollar, rise in risk tolerance in markets; USDINR to trade in this range
The Indian rupee is expected to appreciate on Tuesday amid weakness in dollar. Further, investors will focus on existing home sales data as it is expected to decline from 5.61…
Nifty to show trend reversal or sink further in trade? See GIFT Nifty, FII data, F&O ban, crude, more before market opens
GIFT Nifty traded down 18.5 points, or 0.10%, at 19,305.5, indicating a negative opening for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously on Monday, the NSE…
Global Markets: Second half starts with fresh strain on stocks
The second half of the year started with more volatility for global stocks on Friday, as recession concerns that have built in recent weeks also pulled metals, bond yields and…