Amid continuing volatility in the stock market, Finance Minister Nirmala Sitharaman on Tuesday said retail investors seem to act as shock absorbers even when foreign portfolio investors went away. Speaking…
LIC dives 20% from issue price, investors lose Rs 1.2 trillion
Shares of Life Insurance Corporation (LIC) of India continued their downtrend for the sixth consecutive session on Tuesday. The stock declined over 3% on Tuesday to hit its all-time low…
Equity Strategy: Q4 results lead to a small earnings cut
Jefferies’ coverage universe pre-ex earnings growth of 25% was boosted by financials & global commods; ex of which, growth would have been half. Margins declined at a reduced pace; though…
Rupee to depreciate further this week amid strong dollar, rise in crude prices; USDINR pair may touch 78.20
By Raj Deepak Singh Rupee appreciated last week amid rise in risk appetite in the markets and stronger than expected Indian GDP data. Meanwhile, rise in crude oil prices prevented…
Sensex, Nifty remain volatile on supply disruptions, COVID in China, Russia-Ukraine war; key sectors in focus
By Narendra Solanki With the conclusion of the results season which were largely within expectations for the corporate sector. However, the markets continue to witness volatility seen so far in…
Buy these two stocks amid volatility for medium-term gains, analysts see up to 28% jump in 3 quarters
Domestic stock markets remain rangebound and volatile with Sensex and Nifty starting this week with losses. S&P BSE Sensex has dropped more than 100 points on Monday sitting above 55,600…
Ultratech Cement shares underperform Nifty, down 25% YTD; should you buy, hold or sell?
Ultratech Cement share price has plunged over 25 per cent so far this year, underperforming even benchmark NSE Nifty 50 which has tanked 5 per cent. The stock tumbled 6…
‘Vote of conscience, stand by it’: CJI Chandrachud on his verdict in same-sex marriage
Chief Justice of India (CJI) DY Chandrachud on Monday, while speaking at the 3rd Comparative Constitutional Law discussion on ‘Perspectives from the Supreme Courts of India and the United States’…
Infosys Rating: Buy; Growth is likely to remain strong
Infosys’ stock has fallen 22% from peak due to margin pressures, concerns over macro and rising yields. We believe Infosys is well positioned to deliver 11/15% CAGR in revenue/EPS over…
Sebi orders attachment of bank, demat accounts of Rose Valley, 4 others to recover over Rs 1,000 cr
Markets regulator Sebi has ordered attachment of bank accounts as well as share and mutual fund holdings of Rose Valley Hotels and Entertainment Ltd and its then directors to recover…