Posts in category All News
Nvidia enters correction territory as slump erases $430 billion (25-06-2024)
Shares fell 13% over the period, past the 10% threshold that represents a correction. The drop weighed on chipmakers with the Philadelphia Stock Exchange Semiconductor Index falling 3% on Monday. Broadcom Inc. fell 4% while Qualcomm Inc. dropped 5.5% and ARM Holdings Plc slumped 5.8%. US-listed shares of Taiwan Semiconductor Manufacturing Co. shed 3.5%.
Sell Nifty Financial Services on the rise; resistance at 23,425 (25-06-2024)
The Nifty Financial Services Index is currently trading at 23,071.25. The index is displaying a range-bound pattern on the charts, with a defined range between 23,200 and 22,800
Buy & Sell Ideas for June 25; top stock picks by Jatin Gedia of ShareKhan (25-06-2024)
Dabur has been consolidating since the last two weeks after a sharp run up. It has now reached the 20 day moving average (590) and witnessed buying interest
Important metrics to predict stock price (25-06-2024)
what about dcf & eva ryc
nopat roic wacc
Stocks in news: Happiest Minds, IREDA, Maruti Suzuki, RBL Bank, Shree Cement (25-06-2024)
India's third largest cement manufacturer Shree Cement announced achieving installed power capacity of 1,000 MW with the commissioning of a 19.5 MW solar power plant at its Andhra Pradesh unit.
Pre-market action: Here’s the trade setup for today’s session (25-06-2024)
"Markets this week will take cues from global macro data points and the progress of the monsoon back home. We expect Nifty to consolidate at the current juncture with a bout of volatility amid monthly derivatives expiry," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
RBI appoints additional director for Bandhan Bank (25-06-2024)
The move is likely to guide the bank in succession planning. Bandhan Bank’s founder MD & CEO Chandra Shekhar Ghosh’s tenure will on July 9 while the bank is yet to appoint its next CEO. Singh is former chief general manager of RBI.
Warburg Pincus sells stake in CarTrade Tech (25-06-2024)
Goldman Sachs India Equity Portfolio, Societe Generale and US-based Verition Multi-Strategy Master Fund were the top buyers at 828 per share. Shares of CarTrade Tech ended 2.33% lower at 836.95 on Monday.
Morgan Stanley sees 7-35% upside for new-age stocks (25-06-2024)
"We see macro factors aligning (multiple re-rating for growth stocks in India and other regions, tight PE/VC money keeping the competitive environment benign) with micro factors (strong execution reflected in market share gains, margin improvement driving profit upgrade cycle) and supporting share prices," said Morgan Stanley's analysts in a client note.
Sebi relief for IPO-bound PE investors (25-06-2024)
It had earlier in an advisory to merchant bankers said that private equity investors would have to cancel their special rights when the investee company files its updated IPO document with Sebi. Securities lawyers had said the requirement would expose PE investors to risks if IPOs of their investee companies fail to materialise.