Dalal Street Corner: Metal index, broader markets help bulls take control as benchmarks extend gains for 2nd day; what should investors do on Wednesday?
Taking cues from its Asian peers and buoyed by action in heavyweights and broader markets, the benchmarks rose more than 2.5% on Tuesday, the day shares of India’s largest IPO, LIC, was listed on the exchanges. The market was also supported by aggressive rebound in metal and energy stocks, led by Hindalco, Tata Steel, JSW […]
US stocks trade mostly lower as Wall Street strategists size up risk of a recession
US stocks traded mostly lower on Monday as Wall Street sizes up the risk of an economic recession. Former Goldman Sachs CEO Lloyd Blankfein said the US is at a “very, very high risk of recession.” Morgan Stanley’s Mike Wilson said any bounce in the stock market should be viewed as a bear market rally. […]
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Search Quotes, News, Mutual Fund NAVs Adani Wilmar INE699H01024, AWL, 543458 Tata Motors INE155A01022, TATAMOTORS, 500570 ICICI Bank INE090A01021, ICICIBANK, 532174 Ambuja Cements INE079A01024, AMBUJACEM, 500425 SBI INE062A01020, SBIN, 500112 Search […]
Adani Group to Acquire Holcim’s India Business
ZUG, Switzerland–(BUSINESS WIRE)–Regulatory News: Holcim (Paris:HOLN) has signed a binding agreement for the Adani Group to acquire its business in India, comprising its 63.11% stake in Ambuja Cement, which owns a 50.05% interest in ACC, as well as its 4.48% direct stake in ACC. The corresponding offer share prices of INR 385 for Ambuja Cement […]
Three IPOs worth ₹2387 crore to hit stock market this week. Details here
Upcoming IPOs: While LIC IPO applicants are awaiting share listing of the insurance behemoth next week, three more IPOs (Initial Public Offerings) — Paradeep Phosphates IPO, Ethos IPO and eMudhra IPO — are going to hit primary market next week. As per the information available on the BSE website, subscription for Paradeep Phosphates IPO will […]
Venus Pipes IPO: What GMP reflects as focus shifts towards allotment date
Venus Pipes IPO: After closure of three days subscription of Venus Pipes & Tubes Limited public offer, all eyes are now set on Venus Pipes IPO allotment date, which is most likely on 19th May 2022. Grey market has also become more sensitive towards the public issue worth ₹165.42 crore. According to market observers, Venus […]
Stock Market Bull Daniel Ives Introduces ‘Wedbush Tech Playbook’
Wedbush analyst Daniel Ives, one of the most prominent tech bulls on the Street, has put together the Wedbush Tech Playbook, designed “to pick up the best disruptive tech names.” Ives argues that the market is currently in the most complex macro backdrop in 100 years. Still, he feels the selling is nearly overdone and […]
Odds in favour of more near-term correction in Indian stocks: Chris Wood
Web Exclusive Chris Wood believes the best way to play Indian markets is the upswing in the Indian property/real estate sector despite the rate hikes by the Reserve Bank of India (RBI) Topics Chris Wood Jefferies | Markets | Market Outlook Puneet Wadhwa | New Delhi Last Updated at May 13, 2022 09:27 IST […]
What’s The Buzz-KRBL Gets Income Tax Demand Relief | Stock Market | Sensex | English News
KRBL has received relief from the Income Tax Department worth Rs 98 crore. The company stated in its press release that all appeals of income tax demand dismissed worth Rs 1170cr and the rice-exporter is expecting to get a refund of Rs 188 crore. The impact would be that the company’s contingent liability would reduce […]
Dark Sides Of The Stock Market That You Should Avoid In 2022 – Inventiva
What is the purpose of the stock market? To complete large stock market projects, large corporations require large sums of money, which are not available to individuals. People can put their money into businesses, and businesses can use it to fund innovative ventures, and the investor becomes a shareholder in the industry. If the company […]