Former Himachal Pradesh Chief Minister Jairam Thakur has raised concerns about the High Court’s decision to shut down 18 state-run tourism hotels. Thakur questioned the government’s actions and alleged plans to privatize the properties. The state government, however, attributed the closures to the previous BJP government’s financial mismanagement and announced the formation of a committee to address the issue.
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At multi-year highs: These 4 stocks witness 5-year swing high breakout (22-11-2024)
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe
PFC to trade ex-dividend from Monday. Last day to buy shares for eligibility (22-11-2024)
Power Finance Corporation (PFC) is approaching its ex-dividend date of November 25th, with a planned dividend payout of Rs 3.5 per share. Investors purchasing PFC shares before the ex-dividend date are eligible for the dividend. Several other companies, including Balrampur Chini Mills, EPL Ltd, and Ipca Laboratories, are also approaching their ex-dividend dates.
Hitesh portfolio (22-11-2024)
Thanks Surender, I appreciate your time and clarity of thoughts on each aspect. We would wait for most treasured @hitesh2710 ji comments as well
Stock Market LIVE Updates: GIFT Nifty signals higher open for India markets; Japan up, China falls (22-11-2024)
Stock Market LIVE: Investors were likely to keep an eye out for fresh developments regarding allegations of bribery by Adani Group executives, apart from awaiting flash PMI data for November
NTPC Green Energy IPO closes today (22-11-2024)
Retail investors have shown keen interest, while high-net-worth individuals remain cautious; the issue has received bids for 0.93 times overall
3 sectoral picks from Sunil Subramaniam for near term (22-11-2024)
So, I would say that where those valuations were a little bit overvalued because the whole market was overvalued, to the extent that the correction is coming there, I would say some fund managers would look at buying those not related to the specific case over a period of the next few days because they are good, solid operating companies which are just sentimentally getting affected by this particular case.
Repeat of Nov ‘2021 to March ‘23 period? Expect a narrower & stock-specific market: Rahul Singh (22-11-2024)
Rahul Singh, CIO of Tata Asset Management, believes the Indian stock market is transitioning from sector-driven trends to a focus on individual stock performance. He anticipates a period of sideways movement with potential earnings growth in FY26. Singh suggests investors prioritize companies with strong fundamentals and reasonable valuations, particularly in the financial and consumption sectors.
Positive Breakout: These 4 stocks cross above their 200 DMAs (22-11-2024)
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.