Technical charts suggest the bulls are not ready to give up just yet. Markets can find support at lower levels and move up, provided the news flow does not turn too adverse
RIL has already spent $1.4 billion to acquire technologies across the solar battery and hydrogen ecosystems
TCS on January 12, 2022 had approved to buyback up to 40 million equity shares of face value of Rs 1 each at Rs 4,500 per equity share for an aggregate amount of upto Rs 18,000 crore.
While new investors should benefit from the potential future growth in the company's share price, a gradual reduction of my stake should also allow me to benefit from some of the upside, GangwaL said.
Ujjivan Financial Services has corrected 60 per cent, while Ujjivan Small Finance Bank has slipped 55 per cent from their respective 52-week highs
A total of 108.40 million shares allotted to qualified institutional buyers started trading on the exchanges on Friday, February 18, 2022.
India has so far administered 1,754,625,710 vaccine doses. That is 4095.9 per cent of its total caseload, and 125.23 per cent of its population
Auto shares are likely to be in focus as car makers are looking to ramp up production by an average 18-20 per cent in the March quarter, as the shortage of semiconductor eases.
Energy markets are likely to be hit; any interruption to the flow of grain out of the Black Sea region is likely to have a major impact on prices and further fuel food inflation
Proposes disclosure of relevant KPIs made before pre-IPO investors
'It is my intention to gradually reduce my stake in InterGlobe over the next 5 plus years,' says Gangwal
Central Bureau of Investigation is also questioning former NSE MD Chitra Ramakrishna in connection with the NSE co-location case in Mumbai
On the sectoral front, key indices ended in the negative zone led by the Nifty Realty index (down 1.2 per cent) and the Nifty Pharma index (down 0.8 per cent).
In Q3FY22, the company's consolidated profit after tax declined 65 per cent year-on-year to Rs 145 crore, due to lower operational income.
While Blue Star record a new 52-week high, RHI Magnesia India hit a new all-time high in February
The company said the battery category will revert to its earlier level of profitability now that all adverse costs have been passed on
The degree of effect on the liquidity will depend on the timing of the LIC offer and trend of domestic and global markets
The acquisition of COPPL has strengthened TCPL's diverse portfolio with the foray into the high-potential rigid boxes space targeting the growing smartphone & electronics industry.
Shares of IVP hit 10 per cent upper circuit for a third straight day, touching their highest level since August 2018 on the BSE
Shares of Everest Industries hit an all-time high of Rs 748.90, rallying 14 per cent on the National Stock Exchange on Friday.
The management said the December 2021 quarter was unfavorably impacted by very steep escalation in fuel prices coupled with subdued demand in multiple regions.
Since the last couple of months, HAVELLS INDIA has corrected by almost 26 per cent from the top and is now hovering near 1200-mark
The stock price of Marico has broken out from the flag pattern on the daily chart
Banking shares may see some action after four banks hiked deposit rates in the last one week, an indication that the interest rate cycle has turned amid uptick in loan demand.
Sebi's Feb 11 order cites frequent hike in Subramanian's compensation without proper appraisal, documentation or file notings, and with no involvement of HR head or NRC
Despite the likelihood of an aggressive rate hike by the US Federal Reserve (US Fed), a correction in equity markets, analysts expect the primary market action to stay on track, albeit a minor hiccup
HDFC (up 1.7 per cent), Reliance Industries (1.2 per cent), and Power Grid (0.56 per cent) were the top large-cap gainers today
In line with the industry, Indigo Paints had also increased the product prices in the December quarter to mitigate the sharp escalation in the price of raw materials.
Radhakishan S Damani, Shrikantadevi R Damani and M/s Derive Investments (partners- Radhakishan S Damani and Gopikishan S Damani) have acquired 145,203 equity shares or 0.31% stake in Advani Hotels.
Adani Green Energy rallied 8% to hit a new high of Rs 2,094, and has surged 12% in the past three trading days
The Nifty Auto index can rally towards the 12,500-mark on a breakout above 11,900-level; base support seen around the 11,000-mark.
Since February 9, 2022, in the past seven trading sessions, the stock has dipped 27 per cent after the company reported a disappointing set of numbers.
On January 28, 2022, Crisil Ratings had reaffirmed its 'CRISIL BBB+/Stable/CRISIL A2' rating on the bank facilities and commercial paper
The stock will turn ex-date for interim dividend of Rs 60 per share on Monday, February 21, 2022
Ambuja Cement, Nestle India and Veritas to announce December quarter results today.
Analysts have cut earnings growth forecast but see the stocks giving up to 34.4 per cent (Muthoot) and 58.7 per cent (Manappuram) returns on attractive valuation
Number of active cases in Kerala and Mumbai are 113,798 and 2,115 respectively
Among individual stocks, Bharti Airtel, M&M, HDFC, Kotak Bank, Nestle India, and Dr Reddy's Labs were the only Sensex gainers today
In the past two weeks, the stock price of FSL has declined 19 per cent after the company lowered its FY22 revenue growth guidance.
A news report said final decision on resumption of regular international flights is yet to be taken though
Innovators Facade Systems has own order worth over Rs 70 crore from Lodha Group
In Q3FY22, Graphite India registered net sales of Rs 880 crore, up by 76 per cent year-on-year (YoY) and 27 per cent QoQ basis. The sales growth was driven by both higher volumes and realizations.
40 per cent correction in Godrej Property should see a smart 11 per cent jump now, technical charts suggest
On February 9, 2022, Nykaa had reported a weak set numbers, with a 58 per cent year-on-year (YoY) decline in its December quarter (Q3FY22) net profit at Rs 29 crore.
The strong orderbook for exports, API coated pipes and spiral pipes are expected to drive the growth in the upcoming quarters.
Vedant Fashions is among the top companies in the Indian wedding and celebration wear segment with the brand name Manyavar Mohey
The company said international and industrial orders are expected to keep the momentum intact, going forward.
The technical analyst expects the overall trend for the market to remain choppy, with the NSE Nifty likely to face resistance around 17,639 and 17,794.
Shares of the Manyavar-brand owner Vedant Fashions to debut on the bourses on Wednesday.
'There has been barely a 4% incremental improvement in compliance by the top 500 companies over the last two years,' says Sebi