Cost pressures cap the earnings outlook for cement manufacturers
NEW DELHI : Cost pressures will continue pose headwinds for manufacturers, even as the Adani family’s recent mega acquisition of Holcim’s Indian assets has reaffirmed the prospects of the cement sector. Cement makers have increased prices several times in the last few months as demand picked up. However, price improvement continues to lag soaring costs. […]
Stock Market LIVE Updates: Sensex, Nifty50 likely to open higher today as SGX Nifty futures jump
Trade Setup | Is Nifty50 in for more of a bumpy ride? Solid support continues to be at 15,700-15,600 levels which coincide with the 50-scrip index’s 89-day exponential moving average on the weekly chart, Sameet Chavan, Chief Analyst-Technical and Derivatives at Angel One, tells CNBCTV18.com. “We are not completely out of the woods but at […]
Indian stock market week ahead: Five factors to look for
By Gyanendra Kumar Keshri | Updated: May 22, 2022 18:44 IST Mumbai (Maharashtra) [India], May 22 (ANI): Snapping five consecutive weeks of losing streak, the Indian stock markets’ key indices gained around 3 per cent during the week ended May 20.There was extreme volatility at Dalal Street during the week. The key indices, Sensex and […]
Bull vs bear: US GDP data to Fed meeting — 5 stock market triggers for this week
Bull vs bear: Following positive global cues, the Dalal Street bulls responded strongly against bears on Friday, which led to sharp upside in Indian stock market. At Friday close, Nifty was up 456.7 points or 2.89 per cent at 16,266 levels. Volumes on the NSE were a little below recent averages. Among sectors realty, metals, […]
Stocks to Buy: Analyst sees bumper returns in Voltas, Sharda CorpChem, Tata Power among others amid strong outlook
In a conversation with Zee Business, Siddharth Sedani, Head – Senior VP – Equity Support & Product Sales at Anand Rathi mentioned that the market is showing utter volatility and trading in range-bound wherein 15700 is an important support level and resistance at 16400 levels at the upper end. Sedani suggested investors keep adding good […]
Petco Stock a “Good Place to Hide,” Says Needham
By Sam Boughedda Investing.com — In a note to clients Friday, Needham analyst Anna Andreeva maintained a Buy rating and a $30 price target on Petco (NASDAQ:). The analyst told investors ahead of the company’s earnings release next week, May 24th, that Petco stock is a “good place to hide” due to the replenishment demand in […]
Stock Market LIVE Updates: Sensex, Nifty50 likely to rebound with a gap-up start as SGX Nifty futures jump
Stock Market LIVE Updates : Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open stronger on Friday in a rebound after their worst single-day fall in two months, tracking a comeback in other Asian markets following a sell-off fuelled by concerns about worsening inflation and receding global growth. At 7:39 am, Singapore […]
Asian Granito India completes land acquisition for its three new greenfield manufacturing plants in Morbi, Gujarat
Asian Granito India Limited (AGL), one of the largest Luxury Surfaces and Bathware Solutions brands in the country has completed land acquisition for all its three upcoming greenfield manufacturing plants in Morbi, Gujarat. The Company plans to commence civil works including site development, building – construction and engineering works at the three manufacturing sites soon. […]
The three medium-term macro challenges ahead for the Indian economy
The National Statistical Office (NSO) will release GDP numbers for the quarter ending March 2022 at the end of this month. On June 8, the Monetary Policy Committee (MPC) of RBI will publish its resolution which will have GDP growth forecasts for 2022-23. Most analysts expect a downward revision in 2022-23 growth forecasts and perhaps […]
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