[ad_1] Rising domestic and external headwinds will more than halve the GDP growth to 4-4.5 per cent in the second half of FY2023, shaving off the better numbers in the first half, India Ratings said in its report on Tuesday. The agency, however, did not offer a full-year forecast. The Read more…
[ad_1] Benchmark equity indices pared most of their intraday losses helped by upbeat November services activity data and ended flat on Monday. The 30-share Sensex ended 34 points lower at 62,835, while its broader peer Nifty 50 ended at 18,700 level. In the Sensex pack, , , , Dr Reddys Read more…
[ad_1] Terminologies like stop loss, positional trading and option scalping don’t belong to the dictionary of arts but then the stock market does attract people from all kinds of backgrounds. When Pune-based art designer Pranav Daure started trading to get some extra income, he knew he wasn’t trained to decipher Read more…
[ad_1] New Delhi: Kotak Institutional Equities (KIE) remains positive on Shriram Transport Finance Company Limited (STFCL), which now will be known as Shriram Finance Limited (SFL). The company, in its regulatory filing with exchanges on Thursday, said it has changed its name to Limited from Limited from November 30. In Read more…
[ad_1] Benchmark equity indices closed lower on Friday after 8 days of non-stop rally, as the spectre of recession came back to spook investors, who got busy securing profits ahead of US payrolls data in the anticipation of more cues on a shift in the Federal Reserve’s rate-hike plans. The Read more…
[ad_1] Shares of 2/3-wheeler major dropped over 4% to Rs 3,595.5 in Thursday’s intraday trade on the BSE after the company reported a 19.3% fall in November sales. Sales of Bajaj Auto stood at 3.06 lakh units in November 2022 against 3.79 lakh units in November 2021. Its exports also Read more…
[ad_1] With Nifty scaling new peaks, a long bullish candlestick with a minor upper shadow was formed on the daily scale. This pattern indicates the continuation of the upside momentum in the market. The hourly and daily upper Bollinger Bands expanded along with price action, which assisted the bulls today. Read more…
[ad_1] Indian equity indices touched fresh all-time highs and closed higher for the sixth straight session on Tuesday, led by IT and FMCG stocks. The 30-share Sensex ended 177 points higher at 62,682, while its broader peer Nifty 50 ended above the 18,600 level after touching a new peak of Read more…
[ad_1] Adani Group has already found investors willing to sell 5.3 million shares of the Indian broadcaster — or roughly a third of the entire open offer size — despite the deep discount to the stock’s current level, bolstering the conglomerate’s hostile takeover bid. The category of corporate investors have Read more…
[ad_1] BEIJING: The Chinese city of Shenzhen said it will limit restaurant and other indoor venues to 50% occupancy as part of its COVID prevention measures. New arrivals to the southern city will be barred from entering venues such as theatres and gyms for the first three days, it also Read more…