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 […]
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 […]
Tomorrow there will be three IPOs with very different business models, and the question for investors is which IPO has the greatest potential on trading day? Based on gray market premium trends (GMP), Meesho leads with 38%, followed by Aequs with 28%, while Vidya Wires lags behind with 8%. GMP is not a guarantee, but […]
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 […]
Indian stock markets are showing signs of optimism with Nifty trading above 26,100 amid hopes of a possible US trade deal and improving investor sentiment. Speaking to ET Now, market expert Rahul Sharma said: “The market is gearing up for a break above 26,100, and largecaps should regain momentum. A US trade deal could happen […]
The Indian market paused on Thursday, with Sensex and Nifty ending little changed as a four-day rally lost momentum. Gains from declining inflation and optimism over a possible India-US trade deal were offset by caution ahead of the Bihar election results.The S&P BSE Sensex rose 12 points, or 0.01%, to close at 84,478.67, while the […]
It seems that the Trump administration has imposed new export controls on chip design software, because it is the ability of China to make advanced AI chips further undermine and use. Siemens EDA, Cadans Design Systems and Synopsys have all confirmed that they have received notifications from the US Commerce Department about new export controls […]