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7th Mar 2022
The rally in Brent crude is far from over. The rally started around 3 months back in early December 2021 at $69/bbl in the Brent market. Over the last 3 months, the price of crude has rallied nearly 88% to cross $130/bbl. By the close of 07th March,
Here is a small question. What happens when the world’s largest exporter of wheat goes into a state of war? The answer is simple. The second largest producer of wheat tends to gain. But in this particular case, neither the largest producer of wheat
4th Mar 2022
In the last one year, the Sensex scaled an all-time high of 62,245.43. From that point the Sensex has corrected to a level of 54,333.81. That is a fall of 12.71% from the peak Sensex levels. In terms of value, the Sensex market has fallen from $3.65
The stock of Asian Paints has seen some sharp correction. It has been consistently losing 3-4% on a daily basis last few days. It has lost close to 20% in less than a fortnight. From its recent peak, the stock of Asian Paints has fallen about 25-30%
Mankind Pharma will buy the domestic formulations business of Panacea Biotec Pharma, a subsidiary of Panacea Biotec. The total consideration for the purchase will be around Rs.1,872 crore. Panacea Biotech is best known as the manufacturer of Sputnik-
The world’s largest online market place, Amazon, now plans to initiate criminal court proceedings against Future Retail for selling portions of its assets to Reliance group when the matter was still awaiting final court orders. Over the last few da
The ownership of UPL (formerly United Phosphorus Ltd) has always been a controversial issue with the Shroff family members continuously fighting among themselves. UPL has been in the news in the last few days and has been attracting a lot of buying i
The war between Russia and Ukraine is just one part of the story. The bigger challenge is that now the US and EU have imposed sanctions on Russia and there is also a virtual blockade of the Black Sea. As a result, exports to Ukraine and even imports
Read here about breakout stocks, its meaning and what are the breakout stocks for today. Breakout Stocks: What are the breakout stocks for today? A breakout is a phase where stock price moves outside a consolidation with increased volumes.
Before we look at the current open offer made by the Burman family to the shareholders of Eveready, there is a little bit of history to delve into. Back in 2020, one of the group companies of the Khaitan group, McNally Bharat Engineering had gotten d
For a long time, Vodafone India has been sorely in need of capital buffers to spruce up its balance sheet. Now the board approval for the fund raising is in place. The board of Vodafone Idea has approved the proposal to raise funds up to Rs.14,500 cr
3rd Mar 2022
As Brent prices touched $117/bbl on Thursday, the million dollar question was whether the price of crude would touch $147 (the previous peak in 2008) first or would it scale back to $100/bbl. Both the possibilities but experts feel that the next few
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