Posts in category Economic Times
Ahead of Market: 10 things that will decide D-Street action on Thursday (19-06-2024)
The NSE Nifty 50 and S&P BSE Sensex opened at all-time highs, rising about 0.3% each, before closing with the Nifty down 0.18% to 23,516 and the Sensex up 0.05% to 77,337. The MACD indicator signals bullish momentum for Hitachi Energy India, Axis Bank, Force India, Ingersoll-Rand India, and JITF Infralogistics.
Nifty target price increased to 25,638; HDFC Bank among 19 conviction picks: InCred Equities (19-06-2024)
As the VIX returns to a near-13 level, a domestic brokerage firm reaffirms its optimistic outlook for the Indian market. The firm highlights robust macroeconomic factors and projects 12% EPS growth for FY25-26, favoring investments in the utility, consumer, and capital goods sectors.
Market Trading Guide: Axis Bank, IDFC First among 4 stock recommendations for Thursday (19-06-2024)
Though it rallied for the fifth straight session, 30-share BSE Sensex settled marginally higher though to a new closing high of 77,338. The NSE Nifty ended below 23,550.
These 4 FMCG stocks hit fresh 52-week highs; rallied up to 25% in a month (19-06-2024)
52-week high is a key metric representing the stock's highest value over the last year. It’s an important indicator for traders and investors.
Axis Bank hikes stake in Max Life for Rs 336 cr (19-06-2024)
Axis Bank and its two subsidiaries - Axis Capital Ltd and Axis Securities Ltd - were allowed to collectively own about 20 per cent in Max Life Insurance by the Insurance Regulatory and Development Authority of India (IRDAI).
Bank of Maharashtra eyes tier-II bond sale worth Rs 1,000 crore (19-06-2024)
The state-owned lender looks to garner long-term funds at a time when credit growth is stronger than deposit growth.
RBI net sold $3.6 billion in FX market in April amid global volatility (19-06-2024)
Latest RBI data showed that on a gross basis, the central bank sold $11.65 billion in the currency market in April while making purchases worth $8 billion.
AGS Transact to raise Rs 200 crore to expand operations (19-06-2024)
In an exchange filing the company had said that its board of directors had approved fund raise by way of preferential warrants to Promoter and Promoter Group along with Non-Promoters at a price of Rs. 79.25 per share.
Oil hits seven-week high on demand hopes, war jitters (19-06-2024)
Oil prices hit seven-week highs on Wednesday as summer demand optimism and concerns over escalating conflicts offset an industry report that said U.S. crude inventories unexpectedly rose.