Category: Uncategorized

On 23 March, the Confederation of Indian Industry, on behalf of conglomerates such as Tata group, Adani Group and Mahindra Group, suggested that the Securities and Exchange Board of India (Sebi) change the norms and defer the amendments for at least six months. The CII presentation suggested that the markets regulator either increase the materiality […]

Wait for earnings before taking an investment decision on Tata Elxsi: Dipan Mehta Elixir Equities Director Dipan Mehta believes an investment decision on Tata Elxsi should be made only after its earnings for the March quarter.  “When the correction was there in all midcap software stocks, that was the time to get into Tata Elxsi. This stock, if […]

© Reuters Sea’s (SE) Decision to Close India Operations Seen as a ‘Clear Positive’ Singapore-based global consumer internet company Sea (SE) said its e-commerce arm Shopee will shut down its operations in India amid the company’s poor growth outlook. This is the second pullback for Shopee this month, just several weeks after it exited the […]

Spooked by the hawkish commentary from the US Federal Reserve, escalating Ukraine-Russia crisis, fresh surge in international crude oil prices and fears over inflation; the domestic stock markets corrected modestly during the week ended. BSE Sensex fell 502 points to 57,362, and NSE Nifty declined 134 points to 17,153, while the broader markets were largely […]

Search Quotes, News, Mutual Fund NAVs Reliance INE002A01018, RELIANCE, 500325 Adani Wilmar INE699H01024, AWL, 543458 Tata Elxsi INE670A01012, TATAELXSI, 500408 One 97 Paytm INE982J01020, PAYTM, 543396 Adani Power INE814H01011, ADANIPOWER, 533096 […]

Russia’s invasion of Ukraine has entered the second month. Buoyed by the US and Europe’s aggressive supply of arms, Ukrainians have put up a stiff resistance, stalling Russian tanks from entering the capital city of Kiev and, in the process, disproving military pundits who had predicted a short and lopsided war. A protracted war in […]

NEW DELHI: Reliance Group Chairman Anil Ambani on Friday resigned as director of Reliance Power and Reliance Infrastructure, following markets regulator SEBI order restraining him from associating with any listed company. “Anil D Ambani, non-executive director, steps down from the board of Reliance Power in compliance of SEBI (Securities and Exchange Board of India) interim […]

Nifty50 on Friday fell for the third straight day and closed below its 50-day moving average. The index formed a bearish candle on the daily chart, with a lower wick, reflecting the support that the NSE barometer took intraday near its 200-day moving average. On the weekly scale also, the NSE benchmark formed a bearish […]

US President Joe Biden said Thursday that NATO would “respond” if Russian President Vladimir Putin used a chemical weapon in his war on Ukraine. “We will respond if he uses it. The nature of the response would depend on the nature of the use,” Biden said after a NATO summit in Brussels. Here are the […]

Indian market opened more than half per cent lower on Thursday amid muted global cues, but there will be stock-specific action in which global brokerage came out with their reports on business development, or earnings outlook. We have collated a list of recommendations from various global brokerage firms according to a Zee Business TV report: Kotak […]