According to the technical analyst from Anand Rathi, BPCL and Wipro can pullback to Rs 270 and Rs 430, respectively.
Posts in category Business Standard
Gold prices expected to rise towards record highs above $2,000 an ounce (16-01-2023)
Higher rates lifted returns on bonds, making non-yielding gold less desirable for financial investors, pushed the dollar to its strongest in 20 yrs, making dollar-priced gold costlier for many buyers
Multiplex operator PVR shares decline nearly 4% after downgrade (16-01-2023)
The domestic brokerage downgraded the stock from ‘buy’ to ‘add’ and cut the target price to Rs 1,850 from Rs 2,121
Sensex, Nifty decline as metal, financials shares retreat amid FII outflows (16-01-2023)
From the Sensex pack, Axis Bank, NTPC, HDFC, HDFC Bank, Mahindra & Mahindra, ICICI Bank, Reliance Industries and Maruti were among the major laggards
Sebi fines Keshav Securities for misutilising clients’ securities, funds (16-01-2023)
The estimated worth of misutilised funds by the noticee was Rs 1.75 crore
MFs’ SIP collection grows 31% to Rs 1.5 trn on higher retail participation (16-01-2023)
The SIP book has grown consistently from Rs 11,305 crore in December 2021 to an all-time high of Rs 13,573 crore in December 2022
Tata Mutual Fund announces launch of multi-cap scheme, NFO closes Jan 30 (16-01-2023)
Scheme will invest across large-cap, mid-cap and small-cap shares, says company
This packaged food company’s share price has zoomed over 100% in 3 weeks (16-01-2023)
Shares of Lotus Chocolate hit a new high of Rs 209.90 today. They were locked at 5 per cent upper circuit for 16th straight day
91 tech companies lay off over 24,000 employees in first 15 days of January (16-01-2023)
The number of layoffs reached its nadir in November, which saw 51,489 tech workers lose their jobs
Just Dial freezes at 10% upper circuit as profit soars 3x in December qtr (16-01-2023)
In Q3FY23, Just Dial’s Ebitda margin improved by 400 bps QoQ aided by growth in revenue to 12.3 per cent with an Ebitda of Rs 27.3 crore while adjusted Ebitda excluding ESOP was Rs 29.4 crore.