Posts in category Economic Times
These 4 stocks close crossing above VWAP on May 2 (03-05-2024)
A shift above the VWAP suggests a potential bullish trend, according to stockedge.com's technical scan data.
Shree Cements shares rise 3.28 per cent in Friday’s trading session (03-05-2024)
The Relative Strength Index of the stock stood at 58.85 on Friday.
Bajaj Finance shares jump over 7% as RBI lifts curbs in less than 6 months (03-05-2024)
Bajaj Finance's shares soared 7.5% on BSE following RBI's decision to lift restrictions on key customer acquisition products. Analysts foresee positive outcomes with improved growth visibility and potential profit CAGR.
Stock market update: Nifty Realty index advances 0.4% in an upbeat market (03-05-2024)
The Nifty Realty index was trading 0.4 per cent up at 976.55.
Bajaj twins drive Nifty to lifetime high; Sensex reclaims 75,000 (03-05-2024)
Indian equity indices rose on Friday with Nifty50 hitting a new high, led by Bajaj Finance. BSE Sensex traded 0.55% higher at 75,025 points. Various stocks surged while some opened lower.
Slone Infosystems IPO opens today: Check issue size, price band, GMP and other details (03-05-2024)
Slone Infosystems SME IPO opens on NSE SME platform today, aiming to raise Rs 11 crore. It provides IT hardware solutions, with revenue at Rs 34.34 crore. Net profit Rs 2.84 crore. Jawa Capital leads. IPO closes May 7.
Betting on these 2 PSU banks; Godrej Properties can be a SIP candidate: Abhijit Chokshi (03-05-2024)
Abhijit Chokshi from Stockifi.in recommends Aarti Pharmaceuticals in midcaps for caffeine APIs. Also bullish on PSU banks like SBI, PNB, rural plays like Dabur, and sectors like power, ports, and shipping.
Q4 results today: Titan, Britannia, Adani Green among 49 companies to announce earnings on Friday (03-05-2024)
49 companies, including Titan and Adani Green, to reveal Q4 results. Titan foresees 18% revenue growth and 13% net profit rise. Watch out for updates from Britannia, MRF, Tata Tech, and other key players.
Looking to buy Kotak Bank on further dip; tough to justify PFC & REC valuations: Sandip Sabharwal (03-05-2024)
Sandip Sabharwal discusses various market aspects including Kotak Bank's potential amidst a correction, private banking preferences, power sector insights, CVs sector observations, and the situation with Godrej Properties. He also comments on recent earnings performances in the IT sector. Sabharwal says: "This correction in Kotak Bank could possibly take it to levels where it becomes a buy candidate sooner than later."
There will be two Fed rate cuts, in September and in Q4: Suresh Tantia, UBS (03-05-2024)
UBS's Suresh Tantia expects two rate cuts by the Fed in 2019, with a focus on the US 10-year bond yield falling below 4% by year-end. Favoring yen over Chinese yuan in the FX market amid predictions of rate cuts. Tantia says: " We do not think the story of the rate cuts have been delayed. It is going to happen sometime this year and our view is that most likely in the September meeting Fed will start to cut rates."