Indian market is likely to consolidate on Tuesday tracking mixed global cues. Foreign institutional investors (FIIs) sold to the tune of Rs 4680.51 cr while domestic institutional investors (DIIs) bought to the tune of 4477.73 cr on Monday. FIIs’ long-short ratio for index futures is at 51.45 as on a net basis, they sold 7222 … Read more
The first quarter earnings season is in full swing and about 34 companies will announce their results on Tuesday. Among these, investors can watch out for the key results of HUL, Bajaj Finance, United Spirits, ICICI Sec and ICICI Pru Life. Apart from the above, companies like DCM Shriram, Gard Furnace, Icra, Infobeans Technologies, M&M … Read more
Indian Railway Finance Corporation Share Price 204.58 03:59 PM | 22 Jul 2024 -1.19(-0.58%) One97 Communications Share Price 452.45 03:59 PM | 22 Jul 2024 -6.31(-1.38%) YES Bank Share Price 25.67 03:59 PM | 22 Jul 2024 0.91(3.64%) ITC Share Price 466.55 03:59 PM | 22 Jul 2024 -8.0(-1.69%) HDFC Bank Share Price 1642.55 03:59 … Read more
Indian market is expected to trade higher on Thursday tracking positive global cues. The Nifty future closed positive with marginal gains of 0.27% at 22666 levels on Wednesday. India VIX was down by 1.56% from 21.81 to 21.47 levels. On the weekly options front, the maximum Call OI is placed at 23000 and then towards … Read more
May 21, 2024, 04:09:06 PM IST Private promoter holding went down in 388 companies in Q4. The average stock price of these companies in the January-March quarter dropped by 0.35%. Changes in a company’s promoter holdings offer crucial insights for investors. Promoters decreasing their shareholding is sometimes considered negative for the stock as it shows … Read more
Shares of Maggi-maker Nestle India on Saturday rose 3% to the day’s high of Rs 2,514.65 after the MNC’s shareholders rejected a proposal to increase royalty payments to its Swiss parent Nestle. Results of a remote e-voting by shareholders show that 57.18% of the votes were cast against the proposal for increasing royalty from 4.5% … Read more
“While these companies have performed exceedingly well this current financial year, the next financial year probably will not be as good,” says Sudip Bandyopadhyay, Group Chairman, Inditrade Capital We just marked the Budget week and what are the standout sectors that are coming for you because while we were chatting with all the market experts, … Read more
Shares of Hindustan Unilever (HUL) fell over 3% to the day’s low of Rs 2,487 on Saturday following its December quarter earnings where the fast-moving consumer goods (FMCG) sector bellwether reported disappointing earnings on Friday. The commentary by a couple of brokerages was uninspiring for investors with CITI reiterating an ‘Equal Weight’ rating, while Nuvama … Read more
Brokerage firm Citigroup downgraded RIL to neutral, BofA Securities maintained a buy on UltraTech Cements, Morgan Stanley remained underweight on RBL Bank and Equal Weight on HUL. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Citigroup on RIL: Neutral | Target Rs 2910 Citigroup downgraded RIL post … Read more
Equity indices rebounded after three days of losses amid a firm trend in global markets. The 30-share Sensex jumped 496 points to settle at 71,683.23 and the Nifty climbed 160 points to end at 21,622. Stocks that were in focus included names like Metro Brands, which fell 3.84%, HUL, which rose 0.78%, and Titan, whose … Read more