F&O: Trend remains positive for Nifty, but consolidation overdue
The index has rallied by more than 1,100 points in just six sessions. – Stocks-Markets-Economic Times
Month: June 2020
Sensex rallies for 6th day, jumps 284 pts on firm global cues, FII buying
Mahindra and Mahindra was the top Sensex gainer, with a jump of over 5 per cent. – Stocks-Markets-Economic Times
Moody’s downgrade: Can Modi turn it into a 1991 moment and respond?
Rating agencies are simply doing their job, they do not have any bias towards any country. – Stocks-Markets-Economic Times
Nifty Ends Above 10,000 For First Time Since March Led By Banks
Nine of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty PSU Bank index’s over 5 per cent gain. – NDTV Profit – … Read More
Adani Power appoints merchant banker to evaluate delisting proposal
The board in its meeting on Wednesday appointed Vivro Financial Services Private. – Stocks-Markets-Economic Times
Buy Polycab India, target price Rs 857: Yes Securities
The brokerage believes earnings revival over the next 2-3 years would be led by market share gains in the FMEG business. – Stocks-Markets-Economic Times
Add Dilip Buildcom, target price Rs 296: Yes Securities
The brokerage expects revenues to be under pressure in FY21 as Apr’20 has been significantly impacted in terms of execution, and the ramp up would be very gradual. – … Read More
Rupee Gives Up Day’s Gain To Settle At 75.47 Against Dollar
Rupee vs Dollar: The rupee moved within a range of 75.35-75.61 during the four-hour session, having started the day nearly unchanged at 75.56 compared to its previous close. – … Read More
Buy KEC International, target price Rs 267: Yes Securities
The brokerage expects a strong recovery in FY22 earnings (+35 per cent growth year on year) led by diversified and healthy order backlog, ability to bag orders in tough times … Read More
IndiGo Soars Above 12% Despite Loss Of ₹871 Crore In March Quarter
The stock hit an intra-day high of ₹1,064.95, higher by 12.62 per cent compared to Tuesday’s closing. – NDTV Profit – Latest