Tech View: Nifty forms bullish candle, needs follow-up action
At present, Nifty has been hovering within its ‘Engulfing Bearish’ formation. – Stocks-Markets-Economic Times
Month: July 2020
F&O: Nifty50 starts forming higher high-low; low volatility backs bulls
Options data suggested an immediate trading range between 10,200 and 10,600 levels. – Stocks-Markets-Economic Times
FPI participation through the primary route improves in June
The primary market has served as a major route of investment for FPIs. – Stocks-Markets-Economic Times
TA Associates buys 2% stake in NSE for Rs 1,134 crore
TA has invested in multiple exchanges around the world. – Stocks-Markets-Economic Times
Global Crude Oil Price Inches Up On Manufacturing Data, Surge In Demand
Brent crude was up 59 cents, or 1.4 per cent, to $41.86 a barrel at 4:30 pm, and UScrude was up 64 cents, or 1.6 per cent – NDTV … Read More
Government Approves Special Liquidity Scheme For Non-Banking Lenders
Under the scheme, SBICAP, a subsidiary of the State Bank of India, will purchase short-term papers from the shadow banks – NDTV Profit – Latest
BSNL Cancels 4G Upgradation Tender, To Issue New One Soon: Sources
The Telecommunications department also announced that it would float a new tender, keeping in view the need for developing Indian capacity and in-house technology. – NDTV Profit – Latest
Uflex Q4 results: Net profit up 43% to Rs 100.9 crore
The company had posted a net profit of Rs 70.41 crore during the January-March quarter of the previous fiscal, Uflex said in a regulatory filing. – Stocks-Markets-Economic Times
ETMarkets Survey: Auto, metals, capital goods and IT on top of analysts’ ‘avoid’ list
Hemang Jani of MOFSL is cautious on capital goods, metals and oil & gas sectors. – Stocks-Markets-Economic Times
Redemption of MF units not to attract stamp duty but switching in MF will: Sebi
Sebi released the FAQs on stamp duty collection on Wednesday, with the provisions of the amended Indian Stamp Act coming into effect. – Stocks-Markets-Economic Times