Posts in category All News
Crude oil prices at two-month highs. What is causing the surge? (08-07-2024)
Crude oil prices rose 6% in June due to OPEC+ production cuts and US summer fuel demand. WTI, Brent, and MCX futures gained. Geopolitical risks, hurricanes, like Hurricane Beryl, influenced prices. Energy agencies predict slower oil demand growth and surplus amid energy transitions. China's and India's demand are key. Fed rate cut decisions also impact oil markets.
Colgate-Palmolive shares rise 1.12% as Nifty drops (08-07-2024)
The stock quoted a 52-week high price of Rs 3068.95 and a 52-week low of Rs 1753.3.
Nifty below 24,350 mark; consumer durables shares slide (08-07-2024)
At 10:30 ST, the barometer index, the S&P BSE Sensex was down 54.19 points or 0.08% to 79,943.72. The Nifty 50 index lost 10.60 points or 0.04% to 24,313.25.
Bank of Baroda domestic advances grow 8% YoY in Q1; to raise Rs 7,500 cr via debt instruments (08-07-2024)
The public sector bank reported 8.51% rise in domestic advances to Rs 8,81,817 crore as on 31 June 2024 from Rs 8,12,626 crore as on 31 June 2023.
Varun Beverages shares gain 1.23% as Sensex falls (08-07-2024)
A total of 13,098 shares changed hands on the counter till 10:30AM (IST)
Hemang Jani on 7 bank and FMCG stocks to look at now (08-07-2024)
Among the FMCG companies, Hemang Jani at this point would be looking at Marico or Dabur. Both have come out with a reasonably good set of numbers. Also, post that controversy, Nestle looks quite compelling in terms of the valuations. Among platform companies, Zomato and Policybazaar are showing much better traction in terms of overall parameters.
Tata Motors strong JLR performance gets bullish endorsement from JPMorgan and SSL Research (08-07-2024)
JPMorgan maintains an overweight rating with a target price of ₹1,115
85% of mid, smallcaps appear bullish on the charts. Will the trend sustain? (08-07-2024)
A total of 131 stocks from the Nifty MidCap 150 index, and 211 stocks from the Nifty SmallCap 250 index are seen trading above the long-term moving average as of date.
Marksans Pharma- Can it be the next Pharma Biggie? (08-07-2024)
HURRAY MARKSANS IS A BILLION $ COMPANY. RESILLEINCE OF PROMOTORS IS REALLY COMMENDABLE. FROM GOING TO NEAR BANKRUPTCY, THIS IS QUITE A JOURNEY.
WHAT DO YOU GUYS THINK IS THE NEXT MILESTONE FOR THIS CO.?
What to do with RVNL, BSE and 4 other stocks? Religare Broking’s Ravi Singh decodes (08-07-2024)
We recommend avoiding Yes Bank for now. It is prudent to wait and see if it stabilizes above 35 levels along with improved financials before considering any new positions.