Nifty started the session with a gap up above 15900 and rallied higher during the day to reclaim the 16000 mark. However, in the later part of the session the index corrected from the highs and it gave up all the gains to end the day tad above 15800

Old School.Rusty.Lethargic are some words that people use to describe PSU banks in India. Filled with red-tapism and bureaucratic incompetency, these banks were dying a few years ago. Yes in 2017, the infamous NBFC crisis and scams by people

Sensex jumps over 200 points, Nifty near 15,900 level led by auto-sector stocks. US Indices managed to end slightly higher after opening with steep losses. The Nasdaq rose 1.75 and the S&P 500 increased by 0.16. Indian domestic m

It was 8:30 pm on July 19, 1969, the then prime minister Indira Gandhi addressed the nation through radio and made a historic announcement to nationalize the 14 major commercial banks. Now, just to tell you how big a move this wa

The benchmark equity indices ended with slight losses. Oil & gas, pharmaceutical, and metals equities were in an uptrend. The barometer index, the S&P BSE Sensex, decreased 100.42 points or 0.19 to 53,134.35 as per preliminary

The Indian automobile sector as a whole had a modest comeback on June 22. Despite a shortage of semiconductors, the Passenger Vehicle (PV) industry recorded volume growth while the demand was still strong. The domestic 2W market is still having troub

STOCK ACTION CMP SL TARGET 1 TARGET 2 TCS SELL 3215 3275 3155 3095

The coal production in Q1FY23 was 160 mnt, up by 29 YoY. Additionally, the offtake of coal increased by 11 YoY to 178 mnt. Notably, Coal India plans to produce and offtake 700 million tonnes in FY23E. In contrast to the 1.7 million accomplished in

Sensex jumps 500 points; Nifty reclaims 16,000 level on firm global cues. Asian markets rose on Tuesday as US President Joe Biden is about to roll back some of the tariffs on Chinese goods which were imposed during the Trump era. Japan

Sensex gains over 500 points, Nifty near 16,000 level led by metal and power stocks. India’s June trade deficit widened to a record USD 25.63 billion, pushed by a rise in crude oil and coal imports while adding pressure on the rupee. On th

Nifty started the day marginally negative and corrected marginally in initial few minutes. However, after making a low around 15660, the index recovered gradually and traded with a positive bias in the later part to end above 16800 with gains of abou

Indian markets end a three-day losing trend; FMCG, banking, and financial stocks witness a boost. After a choppy session on Monday, the domestic equities indices completed the day with decent gains. The Nifty touched a low of 15,661.80 in th