Tech View: Nifty50 forms indecisive Dragonfly Doji; but may head to 9,500
A Nifty breakout can take the index higher by 200 points, said Manav Chopra. – Stocks-Markets-Economic Times
Month: April 2020
Asian Development Bank Okays $1.5 Billion Loan To India For COVID-19 Fund
The loan will be used for containment of disease and social protection of the weaker section. – NDTV Profit – Latest
13,448 Industrial Units Get Permission To Restart In Maharashtra
The units will have to strictly maintain social distancing, arrange temporary accommodation for employees and make available sanitisers. – NDTV Profit – Latest
Axis Bank Reports Loss Of Rs 1,388 Crore In March Quarter
Axis Bank had reported a profit of Rs 1,505.06 crore during the same period last year, the bank said in an exchange filing. – NDTV Profit – Latest
Axis Bank Q4 results: Posts net loss of Rs 1,388 crore; spike in provisions dents bottomline
Analysts in an ET NOW poll had projected the number at Rs 1,900 crore. – Stocks-Markets-Economic Times
F&O: A rising Put-Call Ratio & falling VIX suggest Nifty may be heading to 9,500
Nifty formed a Dragonfly Doji candle on daily charts, indicating that dips got bought into. – Stocks-Markets-Economic Times
HUL Q4 results preview: Strong growth in profit on lower tax outgo, volumes under pressure
Edelweiss has penciled in revenue for the January-March quarter at Rs 10,297 crore. – Stocks-Markets-Economic Times
Financials drive Sensex 371 points higher; India VIX eases for 5th day
Market breadth was slightly positive with gainers beating losers. – Stocks-Markets-Economic Times
Consumer durables Q4 earnings preview: Profits may fall up to 40% on erratic sales
Most consumer durables companies in India rely on imported components. – Stocks-Markets-Economic Times
IDFC First Bank to raise Rs 2,000 crore to create capital war-chest
The fresh round of fund raising will be subscribed by a mix of internal and external investors. – Stocks-Markets-Economic Times