Posts in category Economic Times
RBI’s policy will create stability in financial market and growth for Indian economy: Nilesh Shah (05-04-2024)
Nilesh Shah from Kotak AMC discusses how RBI's policy aims for stability, trust, and growth in the financial market. The equity market may not be concerned about food inflation, but the focus is on the monsoon. Shah says: For the equity market, the biggest worry will be complacency. We are trading at a valuation which optimistically discounts many events -- election, Fed pivot, earnings growth – in a very positive manner.
BPCL, IOC among 5 stocks with short buildup (05-04-2024)
In Friday’s trading session, five stocks witnessed a build of fresh short positions
Varun Beverages share price down 0.23 per cent (05-04-2024)
A total of 75,351 shares changed hands on the counter till 12:06PM (IST).
Info Edge shares rise 0.08% as Sensex slides (05-04-2024)
A total of 816 shares changed hands on the counter till 12:01PM (IST)
Prestige Estates shares rise over 3% on acquisition of a 21-acre land parcel in Bengaluru (05-04-2024)
As per Trendlyne data, the average target price of the stock is Rs 1,244, which shows a downside of 4% from the current market prices. The consensus recommendation from 16 analysts for the stock is a 'Buy'.
RBI permits FPIs to invest in sovereign green bonds via IFSC; mobile app for Retail Direct gilt scheme being developed (05-04-2024)
At present, foreign portfolio investors (FPIs) registered with the Securities and Exchange Board of India (Sebi) are allowed to invest in sovereign green bonds under the various routes available for FPI investment in government bonds.
Share price of Pidilite Ind jumps as Sensex drops 33.66 points (05-04-2024)
A total of 4,346 shares changed hands on the counter till 11:56AM (IST)
RBI MPC: Rupee sees marginal gains against dollar, likely to trade in narrow range, say experts (05-04-2024)
The rupee was little changed at the opening time on Friday amid expectations that the country's central bank will intervene, which countered weak risk appetite, a stronger US dollar and rising oil prices.
Max Healthcare shares gain 0.15% as Sensex falls (05-04-2024)
A total of 5,425 shares changed hands on the counter till 11:51AM (IST)
Could any IT stock outperform this quarter and in medium term? Pankaj Pandey explains (05-04-2024)
Pankaj Pandey provides insights on market trends, including Nifty expectations, IT sector performance, rural growth patterns for different industries, and the preference for capex-oriented sectors over consumption sectors. Pandey further says: "I feel that 23,400 in the near term plus or 25,000 towards the year end is very much on the cards. "