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Ratings agency Moody’s Investors Services has retained India’s sovereign credit rating at Baa3’ - the lowest investment grade score- even as it has persisted with a “stable” outlook on the country’s economy. So, what did Moody’
Going forward, if the index does not close above the level of 39760 in the next one or two days, we can consider Tuesday's move as a failed breakout. Bank Nifty had moved above it's important psychological level of 40000 in early part of the
The Reserve Bank of India (RBI) may have been raising interest rates for some months now, but that seems to be doing little to help tame India’s inflation. A Deutsche Bank report has said the country’s inflation rate in August likely ros
Domestic equity markets staged a decent recovery in the second half of the trading session to end on a flat note with marginal losses. Nifty 50 and Sensex closed the choppy session at 17,655.6 and 59,196.9 respectively, down by 0.07% each. B
From Rs 70 to Rs 1500, this stock has given exponential returns of 20 times in the last 5 years. Shares of Cantabil Retail India Ltd have skyrocketed in 2022! The stock has furnished mind-boggling returns in triplicate of the invested amount
Domestic indices erase losses and rebound to green in afternoon trade. Sensex opened on a flat note and dipped around 200 points but rebounded towards noon. However, the broader markets outperform
Domestic equity indices trade flat amid mixed investor sentiments. Investor mood in Asian markets was mixed, but China's Shanghai SE Composite index gained the highest. With a loss of 11 points, SGX Nifty predicted a bearish opening for the
HOLDING PERIOD ACTION STOCK CMP SL TARGET 1 TARGET 2 BTST BUY WOCKPHARMA 257
Business-to-business (B2B) ecommerce platform OfBusiness, which entered the unicorn club of startups last year, has been spreading its wings beyond the tech play. The startup joined the unicorn league with the backing of Japanese investment giant
On Monday, Bank Nifty closed with gains of 0.98% and with this it has managed to close above the August 19 high and above the Doji candle high of prior trading session. As a result, it has negated the bearish implications of a doji candle and inside
Indian steelmakers saw an abnormal push to their margins last year supported by a strong rise in steel prices. The new financial year started on a bad note with the sharp rise in raw material prices putting pressure, but things are likely to get bett
The Indian stock market is consolidating after a sharp bounce that was preceded by a deep correction over the last three months. Although the benchmark indices have struggled to make a breakout and attain the all-time peak of last year, they seem to
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