Among individual stocks, the technical & derivative analyst from HDFC Securities recommends Buy on RCF and Triveni Engineering.
Posts in category Business Standard
Ravi Nathani recommends placing bearish trading bets on Nifty Metal index (01-02-2023)
According to the technical analyst, the Nifty FMCG index is gyrating in a 1,000-point range, a breakout from the same could trigger a fresh trend.
Last year, central banks bought most gold since 1967: WGC (31-01-2023)
Buying dipped during the coronavirus pandemic but accelerated in the second half of 2022, with central banks purchasing 862 tonnes between Jul and Dec
Adani group stock rout takes India out of top-five on market capitalisation (31-01-2023)
The close to $70 billion rout in Adani Group stocks has seen the domestic market slip to sixth position in the world
Sebi penalises PVR Murthy in GDR manipulation of Birla Cotsyn, Zenith Birla (31-01-2023)
Sebi on Tuesday levied fines totalling Rs 20 lakh on PVR Murthy in the manipulation of global depository receipts (GDR) of Birla Cotsyn (India) Ltd and Zenith Birla (India) Ltd (now known as Zenith Steel Pipes & Industries).
In two separate orders, the regulator slapped a fine of Rs 10 lakh each on PVR Murthy.
The order came after the Securities Appellate Tribunal (SAT) in its ruling on November 2022, set aside two different Sebi orders passed on May 2022 and June 2022, in the matter of Birla Cotsyn and Zenith Birla and remanded the matter back to the markets watchdog and pass a fresh one.
The regulator conducted its investigations into the alleged irregularities in the GDR of Birla Cotsyn (India) Ltd (BCIL) and Zenith Birla (India) Ltd (ZBIL) during the period February-April 2010 and May-June 2010, respectively.
The regulator found in its investigations that the GDR issue would not have been subscribed had ZBIL and BCIL not given any such security towards the loan taken by …
Hindenburg report: Sebi discusses Adani firms with ratings agencies (31-01-2023)
SEBI asked about the maturity profile of Adani Group debts, its liquidity, the founder’s leverage and the overall rating process
Mixed day for Adani group stocks, market capitalisation unchanged (31-01-2023)
The flagship firm Adani Enterprises rose nearly 3.4 per cent after its follow-on share sale managed to sail through
Gold set for third monthly rise on softer dollar, US Fed slowdown bets (31-01-2023)
Markets are pricing in a 25-basis-points hike (bps) by the Fed, after slowing its pace to 50 bps in December, following four straight 75-bp hikes
Sebi penalises 15 entities for manipulating BFL Asset Finvest stock prices (31-01-2023)
Capital markets regulator Sebi on Tuesday levied fines totalling Rs 89 lakh on 15 entities for manipulating the share prices of BFL Asset Finvest Ltd (BAFL).
The entities have to pay the said penalty jointly and severally.
The regulator slapped a fine of Rs 54 lakh on Babulal Hansraj Lakhani, Ramanlal Ravchand Shah, Vinod Solanki, Bhagavatiben Vishnubhai Patel, Dhirajbhai Baladevji Thakor, Bharti Sharma, Pinesh Nareshkumar Shah, Jasmin Indu Shah and Mahendrabhai Naranbhai Patel.
It also imposed a penalty of Rs 30 lakh on Nishant Jain, Pradeep Kumar Jain, Dharmendra Kumar Jain, Dharmendra Jain HUF, Jaipur Infragold and Rs 5 lakh on Rajiv Maheshwari.
The order came after Sebi conducted an investigation into the trading activity in the scrip of BAFL during the period from February 2016 to June 2017.
The shares of the BAFL are listed on the BSE.
During the investigation, the regulator observed certain violations of PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) norms.
Winter chill grips Indian indices unlike Asian peers; Nifty-50 falls most (31-01-2023)
Indian equities worst-performing in January