The rupid moved in a tight reach to establish 7 Paise higher at 88.68 (for the time being) against the American currency on Thursday due to suspected RBI intervention in the midst of a strong American dollar and weak domestic markets. Forex traders said that the H1-B Visa Fee and Surge put pressure on rough […]
Indian markets may be due to a correction phase, but the ratings remain stretched, making new investments difficult, according to Raunak Onkar, research head and fund manager at PPFAS Mutual Fund. Speaking with et now, Onkar said that the fund house uses a “wait -and -see” approach and uses money selectively in areas such as […]
Indian shares slid on Thursday for a fifth consecutive session, with the Sensex and Nifty dragged lower due to financial and sharing it as persistent foreign outskirts and concerns about American visa curbs weighed on sentiment. The S&P BSE SENSEX fell 555.95 points, or 0.7%, to close to 81.159.68, while the NSE Nifty 50 166.05 […]
Smallcap Multibagger Stock Cartrade Tech has entered into the good books by Brokerage Elaracapital, which has initiated a cover with a ‘buy’ rating on it, where an advantage of 50% here is estimated here. The target price is set at RS 3,590. The share has been in the news because of a great market that […]
Global copper prices are boiling after the production in Grasberg came to a halt. The world’s second largest copper mine in Indonesia that caused the fear of a deep supply crisis in a market that is already struggling to keep up with increasing demand. According to reports, BMO Capital Markets noted that the provisional 35% […]
Tata Consumer Products (Tataconsum) Shares are currently being traded near RS 1,140.10 and are consolidated in the short term after witnessing a strong bounce of lower levels. This phase of consolidation helped the stock absorbing recent profits and at the same time determine the stage for its next potential movement. The stock has formed a […]
The Indian stock market saw a cautious session on Thursday when the Nifty slid under the critical 25,000 mark. Market participants are now closing the following support levels in the midst of continuous consolidation after a strong collection of more than 1,000 points in recent weeks. Rahul Sharma, a market strategist, explained the current scenario […]
On the second day of bidding, the RS 504-Crore-Ipho from Epack Prefab Technologies has so far subscribed 42% on Thursday. According to BSE data, investors had explained bids for 71.15 LAKH shares against the total issue of 1.76 Crore shares. The IPO is currently being traded at a Gray Market Premium (GMP) of approximately 8% […]
The RS 839.28-Crore offer from Truant Bio-Energy (IPO) had a modest start on 25 September, the first day of bidding, with the issue only subscribing 8% in the first few hours of trade. According to NSE, investors offer data for 9.92 Lakh shares against 1.23 crore shares that are offered. The IPO is priced in […]
Dixon Technologies shares rose more than 1.4% until their day on RS 18,400 at the NSE on the NSE on Thursday 25 September, after the global brokerage bullish became on the shares, the upgrade to a ‘buy’ rating and a price target of RS 23,000 per share. Analysts imply an upward potential of almost 27% […]