The combined market rating of the top 10 most appreciated companies eroded by RS 2.99.661,36 Crore last week, in line with a Bearish Trend in shares, where Bellwether Tata Consultancy Services takes the biggest hit. Last week the BSE benchmark refined 2,199.77 points or 2.66 percent. “A sharp walk in H-1B visa costs led to […]
Marcellus Investment Managers has lodged a police complaint against his former Chief Financial Officer, Pankaj Harish Gupta, accused him of RS 1.18 Crore to distribute the company’s business accounts for personal use. The case has rattled one of the most prominent portfolio managers in Mumbai, although the company and the founder, Saurabh Mukherjea, maintain that […]
International Makelaarskantoor HSBC has repeated its ‘Buy’ call to Eternal, which increases its target price to RS 390 per share of RS 340, with reference to clear scale and profitability leadership in both food delivery and fast trade, while a ‘hold’ and RS 430 are the Vooruitbang of the Vroormijdier and the Vroormijdier and the […]
Pharma shares shake below the 100% tariff shock of Trump and the graphs do not offer much lighting. Anand James van Geojit Investments warns Laurus Labs has indicated a topping pattern, while Wockhardt is stuck in turbulent consolidation. Both counters could see wider trade ranges and more pain in front of the bow. Edited fragments […]
Punjab’s Bearari Lal Engineering and Bhubaneswar-based CSM technologies have submitted their concept Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (Sebi) to launch their first public offer (IPO). Bearari Lal plans to set up RS 110 Crore through a new issue, while CSM Technologies will hand over new shares up to […]
Rajesh Palviya, Axis Securities, shared his prospects in the markets and trade strategies in the midst of increased volatility. He noted that uncertainty resulting from global signals, in particular comments from US President Trump, has kept investors carefully despite various reform -driven announcements of the Indian government. According to him, the Nifty crucial support zones […]
This week Equity Markets witnessed sharp sales pressure, with benchmark indices who fell more than 2.5%and a winning streak of three weeks fell. Sentiment remained weak from the start and the selling of Momentum accelerated in the last session. As a result, both Nifty and Sesex closed close to their weekly lows, respectively at 24,654.70 […]
The market movement This last week can be explained quite clearly if you look at the streams. Mark expert Sunil Subramaniam In an interview with ET, now said that domestic institutional investors (Diis) consistent buyers have remained, even during volatility. The pressure comes entirely from foreign institutional investors (FIIs), whose sales this week was intensified […]
Call it a case of bad timing for Indian Stock Bulls. Donald Trump has assigned two new strokes to the sentiment of investors, just when the market showed signs of a change. The MSCI India Index has fallen in all five sessions since the US President has signed an order to revise the H-1B visa […]
The first public offer (IPO) from BMW Ventures closed with 1.5 times subscription after a muted response on the last day of bidding on Friday 26 September. In all categories came the majority of the bids of qualified institutional buyers (QIBS) and non-institutional investors. The number of RS 231.66-Crore is open on 24 September and […]