Jefferies’ Chris Wood bullish on Banks & NBFCs: Check changes to market veteran’s India Long-Only portfolio
Chris Wood, Jefferies, India Long-Only Portfolio: The global market veteran Chris Wood, who is Global Head of Equity Strategy at Jefferies, has reshuffled his India Long-Only Portfolio as the recent report of Greed & Fear released by the Jefferies mentioned and the same has been analysed by the Zee Business research team. According to the […]
Stock Market LIVE: Indices flat; Metal, Bank jump; IT, Energy, Pharma tank
US jobs report showed wages for US workers are accelerating, which could feed into even higher inflation for the nation. On the other hand, an accelerated shift toward the reopening of the Chinese economy might lift the mood of investors. 05 Dec 2022, 03:08:23 PM IST LivFin’s view on RBI Monetary Policy: The MPC will […]
10 key factors that will influence markets sentiment in the week ahead
On December 1st, Sensex registered a new lifetime high of 63,583.07, while the Nifty 50 also garnered a fresh historical high of 18,871.95 before correcting the next day. Between November 22 to December 1st, both benchmarks have gained by at least 4% each. However, on Friday, markets pulled back from their upbeat stance. Sensex closed […]
Paytm shares rise 17% in 5 days; potential to reach ₹1,100- ₹1,300 ahead
On Friday alone, Paytm shares climbed at least 8.4% on Dalal Street before correcting. The stock ended at ₹536.90 apiece higher by ₹7.06% on BSE. The fintech has a market valuation of over ₹34,853 crore. From November 28 to December 2, Paytm shares climbed by a massive 16.92%. The stock was near ₹465 level last […]
Top picks: Axis Securities recommends these stocks to buy in December
The Indian economy stands in a sweet spot of growth and remains the land of stability against the backdrop of a volatile global economy, said Axis Securities which continues to believe in the long-term growth story of the Indian equity market supported by the favourable structure emerging with increasing Capex enabling banks to improve credit […]
In a reform, RBI allows foreign banks in India to deal in instruments not expressly permitted by it, without needing its consent
The Reserve Bank on Thursday authorized international branches and subsidiaries of Indian banks to transact in financial products that are not expressly allowed in the local market, subject to certain conditions. A framework is required, according to an RBI circular, to allow them to engage in activities that are not expressly permitted in […]
IRCTC share price dips after giving breakout. Opportunity for bargain buying?
IRCTC share price: After hitting 52-week low of ₹557 apiece on NSE in July 2022, shares of Indian Railway Catering and Tourism Corporation (IRCTC) have bounced back strongly rom there onwards. The Indian Railway’s PSU stock has been in uptrend for last four to five months and on technical chart pattern, it has delivered breakout […]
FMCG stock zooms over 7% as Board to decide terms of ₹400 Cr rights issue
With a market valuation of ₹20,678.99 Cr, Hatsun Agro Product Ltd. is a large-cap business that operates in the FMCG industry. The company produces and sells products including milk, curd, ice creams, dairy whitener, powder skim milk, ghee, paneer, and many more. Arun Icecreams, Arokya Milk, Hatsun Curd, Hatsun Paneer, Hatsun Ghee, Hatsun Dairy Whitener, […]
Uniparts India IPO starts today: Check the day 1 subscription here
Uniparts India IPO subscription starts on November 30 and will conclude on December 2, 2022. The price band of the offer is fixed at Rs 548 to Rs 577 per share. The retail quota is 35%, QIB is 50%, and NII is 15%. Uniparts India IPO Subscription Status – Day 1 at 01:10 […]
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Market LIVE Updates: Indices trade flat with Nifty around 18,650; Hindalco, Bajaj Auto top gainers Moneycontrol Source link