Posts in category Economic Times
Technical Breakout Stocks: Data Patterns and Finolex Industries could give 11-18% return in short term (24-04-2024)
Finolex shares have given a Cup & Handle breakout on the monthly charts and can be bought at above Rs 275 by aggressive traders for a target of Rs 325, and a stop loss can be placed below Rs 229.
Japan finds another rising sun, steps up India bets (24-04-2024)
With the Indian economy maintaining high growth, Japanese corporations are showing more interest regarding investment in India, according to Nomura. Manufacturing sectors have been the main driver of Japanese direct investment in India to date, with transport equipment accounting for 35.1% of direct investment in the country, machinery equipment for 10.5%, and chemicals and pharmaceutical for 6.5% as of end-2022.
ITC Hotels Demerger: ITC to hold meeting of ordinary shareholders on June 6 to approve scheme (24-04-2024)
The move comes following an order by the National Company Law Tribunal (NCLT) to convene a meeting of the ordinary shareholders of the company.
Nifty Bank closes above 48K; immediate resistance seen around 48,500: Analysts (24-04-2024)
The Nifty Bank climbed above 48,000, a positive sign for the bulls, and the next big resistance is seen around 48,500, suggest experts. Traders can deploy a buy-on-dips strategy as the trend is largely on the upside.
Tesla jumps 10% in premarket as Musk’s promise of ‘more affordable’ cars eases growth fears (24-04-2024)
Investors had been bracing for the worst after a tumultuous week at Tesla that saw big layoffs, executive exits, price cuts and the postponement of a highly touted meeting with the Indian prime minister.
Boeing Q1 Results: Revenue declines 8%, first in 7 qtrs as deliveries decline (24-04-2024)
Boeing on Wednesday reported an 8% decline in quarterly revenue to $16.57 billion, the first drop in seven quarters, as the U.S. planemaker slows production of its strongest-selling jets following a January mid-air blowout.
CPCL Q4 Results: Profit falls 39% YoY to Rs 628 crore (24-04-2024)
Chennai Petroleum Corporation Ltd, a subsidiary of Indian Oil Corporation (IOC), on Wednesday reported 39 per cent drop in March quarter net profit on lower prices and foreign exchange loss.
Invesco India, CEO, others pay Rs 5 cr to settle regulatory violation case with Sebi (24-04-2024)
Invesco Asset Management India, its CEO Saurabh Nanavati and four others on Wednesday settled with markets regulator Sebi a case on alleged non-segregation between the mutual fund activities and portfolio management activities of the company after payment of nearly Rs 5 crore.
Four-day market rally makes investors richer by Rs 8.48 lakh cr (24-04-2024)
Investors' wealth surged Rs 8.48 lakh crore in four days of market rally where the BSE benchmark has climbed nearly 2 per cent amid firm global trends.
Stock market update: Stocks that hit 52-week lows on NSE in today’s trade (24-04-2024)
Tata Consumer, Grasim Inds., Tech Mahindra, HDFC Life and TCS were among the top losers on NSE in today's trade.