Posts in category Economic Times
Shares of Vedanta fall as Nifty drops (06-05-2024)
On the technical charts, the 200-day moving average of the stock stood at Rs 264.17.
Share price of InterGlobe falls as Sensex gains 45.45 points (06-05-2024)
A total of 10,651 shares changed hands on the counter till 01:13PM (IST)
European shares rise on energy boost, rate-cut hopes (06-05-2024)
European shares climbed on Monday, with investor optimism over interest rate cuts globally back to the fore, while Spanish defence and technology firm Indra jumped following a strong first-quarter profit.
PFC, REC shares fall up to 12%. CLSA says don’t worry about impact of RBI norms (06-05-2024)
Shares of PSU financers PFC, REC, and IREDA tumbled up to 12% today as RBI raised provisioning requirements during the construction phase of projects from 0.4% to 5.0%. CLSA mentioned that while it doesn't anticipate an impact on the profit and loss account of PFC and REC, it could affect capital adequacy.
Varun Beverages shares down 0.36% as Nifty falls (06-05-2024)
The stock quoted a 52-week high price of Rs 1560.3 and low of Rs 715.5.
F&O stocks: JSW Steel, Oberoi Realty among 5 stocks with long buildup (06-05-2024)
When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup. The signal is considered more reliable if the volume on the counter has also seen an increase.
BEL shares up 0.04% as Nifty drops (06-05-2024)
A total of 1,154,519 shares changed hands on the counter till time (IST).
Have some cash on sidelines; Kotak a good buy on dips; Titan too overvalued: Sandip Sabharwal (06-05-2024)
Sandip Sabharwal advises caution in the market due to uncertain valuations and growth trajectory. He highlights investment opportunities in auto companies, consumer goods, and infra firms amidst global economic shifts and upcoming elections. Sabharwal says: "Post results, Dabur looked like a decent proposition because it has underperformed for so many years and that is one consumer company which is saying that they are releasing growth uptake."
Bitcoin jumps above $64,000 on Fed rate cut hopes; Toncoin, Polkadot climb up to 7% (06-05-2024)
Major cryptocurrencies surged following softer-than-expected U.S. jobs data, fueling speculation of potential Federal Reserve rate cuts. Bitcoin rose 1.5% to $64,340, Ethereum gained 3% to $3,184, and various altcoins, including BNB, Solana, XRP, Dogecoin, Toncoin, Shiba Inu, and Polkadot, also saw increases.
Bharat Forge shares down 0.08% as Nifty drops (06-05-2024)
A total of 20,584 shares changed hands on the counter till 12:53PM (IST).