Posts in category Economic Times
Nepalese billionaire who made his fortune making instant noodles aims to list India unit by 2026 (15-04-2024)
The listing plans for the firm, which has a 28% share in the local instant noodles market and an annual revenue of 8 billion rupees ($96.2 million), are still in the early stages of discussion, he added. It aims to grow its revenue by 15% this year.
ETMarkets Smart Talk: Steel & cement capex themes likely to make a decisive move post election: Rajesh Cheruvu (15-04-2024)
Rajesh Cheruvu's insights point to a positive market momentum in FY25 driven by central bank rate cuts, primary industries capex, and potential earnings recovery, particularly in small & midcaps. Cheruvu says sustained domestic participation in equities coinciding with the formalization of businesses post-pandemic has helped attract interest in mid & small-sized firms. Investors should be considering sectoral allocation and gold hedging strategies for the year.
Positive Breakout: Syngene International and 3 other stocks cross above their 200 DMA (15-04-2024)
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
Japan’s Nikkei drops 1% as Iran attack, Wall Street sell-off fuel risk aversion (15-04-2024)
Shares in Japanese banks and brokerages slid following lacklustre earnings reports from the likes of JPMorgan Chase and Wells Fargo, while local chip-sector stocks also tracked their U.S. peers lower.