Stock market update: 126 stocks hit 52-week high on NSE
Overall, 17 shares were trading in green in Nifty50 index, while 33 were trading in red in the afternoon trade. – Stocks-Markets-Economic Times
Month: February 2021
DLF Cyber City Developers Acquires 51.8% Stake In Fairleaf For Rs 780 Cr
DCCDL had entered into a securities purchase agreement with funds managed by Hines, a global real estate investment, development and management firm, to acquire stake in Fairleaf – NDTV … Read More
State-Run Insurers Rally For Second Session On Privatisation Report
State-run insurers – New India Assurance and General Insurance Corporation of India, hit the 20 per cent upper circuit on privatization reports. – NDTV Profit – Latest
Tejas Networks Rallies Over 30% In Three Sessions. Here Is Why
Tejas Networks shares rose by daily maximum limit of 10 per cent for third session in a row on Friday – NDTV Profit – Latest
Australia shares track Asian peers lower, commodity stocks weigh
The S&P/ASX 200 index fell 1.34 per cent to 6,793.8 points, as weaker oil and gold prices weighed on commodity-linked stocks. The benchmark was down 0.19 per cent for the … Read More
Bitcoin is ‘economic side show’ and poor hedge against stocks: JP Morgan
Current prices are well above JP Morgan’s estimates of fair value and the mainstream adoption of bitcoin increases its correlation with cyclical assets, which reduces the benefits of diversifying into … Read More
Does Warren Buffett’s short honeymoon with gold signal you to sell yours?
Buffett-led Berkshire Hathaway has sold $317 million worth of shares of Canadian miner Barrick Gold Corporation barely after a couple of quarters of buying them. The decision to sell the … Read More
Elon Musk says bitcoin is slightly better than holding cash
He also defended Tesla’s action to invest in bitcoin, saying that the difference with cash made it “adventurous enough” for the S&P 500 company to hold the cryptocurrency. – … Read More
Buy Laurus Labs, target price Rs 406: ICICI Direct
Laurus Labs Ltd., incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 19875.75 Crore) operating in Pharmaceuticals sector. – Stocks-Markets-Economic Times
Sell Amara Raja Batteries, target price Rs 873: ICICI Direct
Amara Raja Batteries Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 15154.49 Crore) operating in Auto Ancillaries sector. – Stocks-Markets-Economic … Read More