Ahead of Market: 10 things that will decide D-St action on Tuesday
“Nifty traded in a range bound manner on January 23; however the overall structure shows that the index is preparing to start the next leg on the upside," says Gaurav Ratnaparkhi, Head of Technical Research, Sharekhan by BNP Paribas
Ahead of Market: 10 things that will decide stock action on Monday
US stocks rallied to close higher on Friday, as the S&P 500 and Dow snapped a three-session losing streak and the Nasdaq rose more than 2%, as quarterly earnings helped lift Netflix, while Google parent Alphabet climbed after announcing job cuts. Shares of Netflix jumped as the streaming company added more subscribers than expected in the fourth quarter and said co-founder Reed Hastings was stepping down as chief executive. Alphabet Inc was the most recent company to announce job cuts as it said it was cutting 12,000 jobs, sending shares higher.
Double-digit stocks to multibaggers? Daljeet Singh Kohli on 2 stocks that can do it
"Shree Renuka Sugars may be a two-digit stock but that does not mean it is a small company. It is a big company. There has been a change in promoter and cyclicality has ended with government plan on ethanol. The second one is EIL. No refinery, no fertiliser plant in India has not been built without the help of EIL."
Ahead of Market: 10 things that will decide D-Street action on Tuesday
Wall Street's main indexes fell on Monday amid worries about protests in major Chinese cities against strict COVID-19 policies, although gains in Amazon helped limit losses as Cyber Monday sales were set for a record.
Stocks in the news: Archean, Five Star, ONGC, Tata Motors, NMDC and Zomato
Archean Chemicals and Five Star Business Finance will make their Dalal Street debut on Monday after both company's issue aggregating to Rs 1,462 crore and Rs 1,960 crore, respectively were open between November 9-11.
Stocks that India's top 3 mutual funds bought last month. Should you follow smart money?
Money managers increased the weights of banks, technology, oil & gas, capital goods, and utilities, while moderating weights in consumer, NBFCs, autos, healthcare, retail, chemicals, telecom, consumer durables, and textiles, shows a report by Motilal Oswal.
ETMarkets Fund Manager Talk | Diwali Muhurat trading for stocks you want to keep forever: Abhishek Banerjee
"Luck might work in the short term but skill works in the longer term. So depending on whether it's a short-term or long-term mindset, luck can play a huge role. Personally, for me, I do want to feel lucky by making a tiny profit at the close of Muhurat. Though eventually, it is not really important in the longer term what happens in an hour of trading without a change in fundamentals."
Govt-owned WAPCOS Files Draft Papers for Public Issue
The company engaged in engineering consultancy services and construction has ongoing projects in 30 countries. Some of its listed peers in the segment are Ircon International, Rites, Engineers India, NBCC, and VA Tech Wabag.
WAPCOS files DRHP with Sebi for IPO; govt to sell 3.25 crore shares
WAPCOS has ongoing projects in 30 countries and has been associated with over 455 overseas projects, both completed and ongoing. It was placed third among the top five Indian corporations for consulting services between 2017 and 2021. Some of its listed peers in the segment are Ircon International, Rites, Engineers India, NBCC, and Va Tech Wabag.
Golden crossovers in these 10 stocks signal further bullishness
In the Nifty500 pack, 10 stocks are witnessing Golden Crossovers, according to stockedge.com's technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when a short-term moving average crosses over a major long-term moving average on the upside.
Ahead of Market: 10 things that will decide D-St action on Tuesday
Gas deliveries had been due to resume on Saturday, but Russia scrapped that deadline on Friday and did not give a new timeframe for re-opening. The news stoked fears of a recession in Europe, with businesses and households hurt by sky-high energy prices.
Corporate Radar: AIA Engineering, EIL to turn ex-dividend; AGMs and more
Friday is the record date for dividends by Vedant Fashions (Rs 5 per share), Bengal & Assam Company (Rs 15 per share), Genus Power Infrastructures (Re 0.25 per share), Benares Hotels (Rs 10 per share), JK Agri Genetics (Rs 1.5 per share) and Lambodhara Textiles (Rs 1.5 per share) among others. The stocks went ex-dividend on Tuesday.
An oil ministry order said Srivastava, who is Director (Exploration) of ONGC, has been entrusted with an additional charge of chairman and managing director "for a period of 4 months with effect from September 1, 2022, to December 31, 2022 (i.e the date of his superannuation) or till the appointment of a regular incumbent to the post, or until further orders, whichever is the earliest."
Coal stocks at thermal power stations to last 17 days, says senior official
Speaking about the coal supply to Mahagenco and other power companies, coal secretary Anil Kumar Jain said the WCL was supposed to give 1.50 lakh tonnes coal per day to the power sector from its Wardha valley zone, but it could give average 60,000 tonnes a day, as the production was hit due to rains. Accordingly, the CIL recognised the issue and provided coal to Mahagenco from Mahanadi Coalfields in Odisha and Chhattisgarh, he said.
FPIs raise their holdings in 30 of the 50 listed PSUs
Foreign portfolio investors' (FPIs) stake in National Aluminium increased from 13.30% to 16.71% between January and June, while in Hindustan Aeronautics, their stake rose from 3.15% to 5.56%. In Oil India, FPIs increase their stake from 10.11% to 12.42%. Similarly, these investors increased their stake in RCF, BEML, Chennai Petro, Engineers India, Shipping Corporation, Bharat Dynamics, and Mazagon Dock, among others.
Ahead of Market: 10 things that will decide D-Street action on Thursday
US stocks are rallying Wednesday, on track for their first gain in six days, but more turbulence may be ahead when the Federal Reserve announces in the afternoon how sharply its raising interest rates.
Stocks in the news: NPTC, Airtel, UPL, Asian Paints, and Yes Bank
Bharti Airtel announced Xstream multiplex, which the telco said is India's first multiplex in the metaverse. The Xstream multiplex is an extension of Airtel's Xstream Premium offering, which recently achieved a two million subscriber milestone within 100 days.
"The 44.26 km pipeline of 12 inch diameter (total capacity - 5 mmscmd) is a spur line of the 500 km Dadri-Bawana-Nangal Pipeline (DBNPL). The natural gas supply tap off is taken from GAIL receiving terminal at NFL, Bathinda," the company said