The Indian automobile industry proved itself to be nothing less than a tough-as-nails scrapper in 2022. The odds were stacked against the industry. Geopolitical strains, supply chain bottlenecks, semiconductor shortages and a macroeconomic environmen

Global steel prices are set to stabilise in calendar 2023 on-year, after nearly halving from the highs touched last April as demand for the metal has softened. International steel prices have shrunk by over 40 to $570-590 per tonne in December 20

India’s fast-moving consumer goods sector (FMCG) has seen demand remain soft in the recent past and the third quarter ended December 31 may not hold any positive surprise on that front as rural demand has failed to perk up and urban demand too has

The Indian stock market has been on a retreating trend after hitting a new peak last month with the correction in the market taking the indices more than 5 below the all-time highs just weeks before. Although retail inflation in the country has e

Crude oil prices traded flat on Friday but were on track with more than 4 gains for the week on solid signs of demand growth from the top importer China and expectations of a less aggressive interest rate rise in the US. MCX crude oil has contrib

Nifty started the weekly expiry day marginally positive but it corrected during the day and traded with a negative bias. The index tested the December swing low support and formed a low of 17760, but recovered some of the losses from the support an

Swing Trading Stocks for the Week STOCK ACTION CMP SL TARGET 1 TARGET 2 RALLIS BUY 258 246

The Indian arm of South Korean electronics conglomerate Samsung is in the government’s crosshairs. The Directorate of Revenue Intelligence (DRI) has issued a show cause notice to Samsung India Electronics (SIEL), The Economic Times reporte

The central government has given a blanket guarantee worth Rs 15,300 crore to National Asset Reconstruction Co (NARCL), a report in The Economic Times said. The report said that banks will now be able to rely on government guarantees on the

Nifty traded within a range of 150 points ahead of the weekly expiry day, but it witnessed high volatility with moves on both sides within the range and finally it ended around 17900 with a marginal loss. Nifty Today: Th

If you would like to participate in India’s sustainable economy, this may be your chance as the country is putting its first sovereign green bond on the radar of domestic asset managers, including state-run insurers and pension funds, as well as fo

An investment of Rs 1 lakh in the shares of this company two years ago would have turned to Rs 2.16 lakh today. Polyplex Corporation Ltd, an S&P BSE 500 company, has delivered multibagger returns to its shareholders in the last two years. Duri