The Indian government’s coffers seem to be overflowing with cash this year, at least as compared to last year. The finance ministry has said that the net direct tax collection grew 24 per cent to Rs 8.77 lakh crore in the April-November of

Bank Nifty broke out of a 10-day tight-range base with a strong bullish candle. On Friday it opened higher and registered a fresh all-time high. However, it failed to sustain at higher levels as profit booking emerged ahead of the weekend and the

Swing Trading Stocks for the Week STOCK ACTION CMP SL TARGET 1 TARGET 2 KEI BUY 1614 1549

It took Instagram 2.5 months to get 1 million users, for Facebook it was 10 months, for Pinterest it took 20 months, but for ChatGPT it took just 5 days to get 1 million users. The AI tool has taken the internet by storm and we have to t

The Indian automobile sector’s retail sales grew 26% in November over the year-ago period, rising to the highest level ever barring March 2020, which was an exception when sales were higher due to BS-4 to BS-6 transition, according to data collated

The Indian stock market indices have been trading above the previous resistance level for the last couple of weeks, suggesting they may be poised for another break out in the near term. However, opinion is split, and some analysts expect another corr

Information technology companies listed on Indian bourses were historically assessed by the forecast or outlook they gave at the end of each quarter. But in the last two and a half years of the Covid-19 pandemic another parameter became part of the a

If you are a stock market investor or buy stuff online, this one is for you. The Reserve Bank of India (RBI) on Wednesday enhanced the capabilities of the Unified Payments Interface (UPI) by introducing a ‘single-block-and-multiple debits�

Drugmaker Sun Pharmaceutical is facing some heat from the US Food and Drug Administration (FDA), according to a stock market disclosure by the company. The US FDA has listed Sun Pharma's facility in Gujarat’s Halol under an import alert, s

If you are an Indian high-net-worth individual who may be planning to buy a swanky private jet or a helicopter for personal use, the government may have other plans for you. The government is planning to curb imports of private jets and heli

The Indian stock market has been consolidating after a sharp uptick over the recent weeks that catapulted the benchmark indices to their all-time high. But there are many stocks that are potentially in the overbought zone given their positions on

Investors who bank on technical analysis or patterns in the price and volume movements of stocks typically use candlestick charts or use it along with other parameters to predict price movements of stocks in the future. Candlestick charts, or Japa