China’s growing interest in India’s auto market, Federal Bank’s asset quality improves in Q3; all this and more on Moneycontrol Pro
China’s interest in India’s automobile sector could be tactical, getting a foot in the door because an opportunity presented itself.
Karvy case gets murkier, who benefited the most from India's economic growth; all this and more on Moneycontrol Pro
The Karvy case is becoming messier by the day and threatens to take down an important segment of the market—loans against shares (LAS)— albeit for the short term.
Is it right solution to bring NBFCs under IBC, Ashok Leyland posts weak Q2 results; read this and more on Moneycontrol Pro
Despite adequate liquidity in the banking system, many NBFCs are finding it difficult to raise money because no one trusts their balance sheets.
Can Bank Nifty's outperformance sustain, time to remodel food procurement policy; all this and more on Moneycontrol Pro
The Bank Nifty has been a stellar outperformer in the past one year.
IMF report warns of rising risks in economy, Reliance in bullish trend; all this and more on Moneycontrol Pro
The IMF says that ultra-low and negative interest rates have led to a desperate search for yield among investors, leading to overvaluation of assets.
Compulsory physical settlement blow to retail traders, aquaculture stocks down; read all this and more on Moneycontrol Pro
Physical settlement in derivatives has been made compulsory for retail traders by market regulator SEBI.
Big risks in Petronet LNG’s US deal, which sectors will benefit from tax cuts; all this and more on Moneycontrol Pro
As per the MoU, Petronet and its affiliates plan to explore the possibility of purchasing of up to 5 million tonnes per annum of LNG and picking up an equity stake in the US firm’s Driftwood project.
Arun Jaitley on Moody's India rating upgrade took a dig at detractors Narendra Modi government saying they should introspect
Nifty index reclaiming the 8,600-mark powered by a rebound in bluechips amid hopes of faster reforms and optimism over the upcoming Budget.
Snapping seven days of losses, the benchmark BSE Sensex gained 128 points to close at 28,355.62 points.
Sensex today extended its losing streak for the sixth session in a row, slipping by 133.06 points and logging its worst week in two months due to poor bluechip earnings coupled with uncertainty in view of Delhi assembly polls.
Hope of stimulus plans by China and Europe helped the Nifty and Sensex close at new life-time highs on Monday yet again with the Nifty closing above 8,500 mark for the first time while the Sensex just closed 0.46 points shy of the 28,500 mark.
The stock market sentiment was positive during the week gone by with the index posting a 3% gain. Though the recovery was impressive, the Nifty is still trading below the key resistance at 6,250. The upside move would gain momentum on a breakout past this resistance.<br /><br />
After three weeks of weakness, Indian equity markets are off to a good start today with the Sensex up more than 200 points and Nifty reclaiming the psychological 6000 mark
Axis Bank, Bank of Baroda, State Bank of India and ICICI Bank may play a key role in keeping the bank index under pressure.
The chances however of an immediate rally to new life-time high appear slim as the index has a strong resistance to contend at 6,275-6,330. As long as the Nifty trades below 6,350, there would be a strong case for a slide to the major support at 5,750-5,800 range.<br /><br />
The Bank Index has seen a smooth progression of higher tops and higher bottoms, which is a sign of strength. The prior swing high at 11,220 has been overhauled and the index now appears on track to reach the next target of 11,950-12,000. A breakout past 12,000 could pave the way for a rise to 13,000.<br /><br />
Shares of state-owned banks rallied today on hopes of stabilising asset quality and on valuations seen as attractive, said analysts.<br /><br />