Market Trading Guide: Buy RR Cable, Siemens for Short-Term Gains of Up to 6%; check triggers

Nifty ended sharply lower on Friday amid broad selling pressure. Auto, financial sector and FMCG stocks were the key laggards, while the IT sector witnessed selective buying. The index has fallen sharply after remaining below the key short-term moving average for three consecutive sessions.Rupak De, Senior Technical Analyst at LKP Securities, noted that the index […]

BHEL, ABB, L&T plunge to 14% after report says government may scrap restrictions on Chinese companies

Shares of Bharat Heavy Electricals (BHEL) and other capital goods names fell as much as 14% on Thursday after a media report said the finance ministry plans to scrap five-year-old restrictions on Chinese companies bidding for government contracts. Reuters reported, citing two sources, that the move could come as the government seeks to revive commercial […]

Execution hurdles remain a major challenge for power companies: Dharmesh Kant

India’s power equipment and transmission space has returned to the spotlight as investors digest a mix of strong order inflows, execution delays and premium valuations. In a recent interaction with ET Now, market expert Dharmesh Kant out Cholamandalam Securities offered a nuanced look at the sector’s strengths and weaknesses, while also expanding its view to […]