On Monday, the Bank Nifty almost traded in the previous day's range. It took support around the prior trading sessions low and managed to close at 40904 with a gain of 0.31%. On the daily chart it has formed a bullish candle carrying shadows

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The lockdowns in the various phases of the Covid-19 pandemic badly hurt the Indian economy, though some sectors such as hospitality and aviation were hit harder than others. Now, the economy is recovering. Again, some sectors are recovering quickly w

For the majority of consumer staples companies, the last 12 to 18 months have seen a decline in gross margin due to unprecedented inflation and volatility in input costs across commodity baskets. However, recent price declines in a few commodities an

The Government of India (GOI) began charging an export duty on finished steel from May 21, 2022. The duty on long and flat steel (non-alloyed, alloyed, and stainless) exported has gone up from zero to fifteen percent. Most of the announcement was con

On Monday, the major equity indexes closed with slight increases. After touching the day's low at 17,429.70 in the opening trading, the Nifty finished above the 17,600 mark. PSU bank, media, and FMCG stocks rose, while shares of real estate, consu

In what will not augur well for the country’s precarious power situation, as many as half the coal blocks awarded to public sector power enterprises have been facing delays, even seven years after they were sanctioned the blocks. According

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In what could have a substantial positive impact on the banking sector, the Indian government-backed bad bank is set to acquire 18 distressed accounts amounting to just under Rs 40,000 crore. The National Asset Reconstruction Co of India Ltd (NARC

On Friday, the domestic markets traded in green led by bank, auto, IT, oil & gas stocks. During the noon session, among the frontline indices, Nifty zoomed over 80 points and was trading

The gains in financial services and IT stocks are driving the Indian indices higher, defying other markets. Investors' concerns over the Federal Reserve's aggressive rate hikes caused major Wall Street indices to drop to levels not seen in n

An investment of Rs 1 lakh in the shares of this company two years ago would have turned to Rs 2.77 lakh today. Zen Technologies Ltd, an S&P BSE SmallCap company, has delivered multibagger returns to its shareholders in the last two years. Dur