The Indian stock market has seen some profit booking after hitting a new peak early this month but remains clear of the previous high that was seen as a resistance point for the benchmark indices. Investors looking at charts and price and volume p

Revenue growth of the fast-moving consumer goods (FMCG) sector is expected to be nearly stable in the current year and the next after rising around 8.5% last fiscal year, but companies can take heart from the fact that demand is expected to pick up f

The BankNifty opened lower on Monday, however, it recovered nearly 330 points from the day’s low and settled above 43,700 mark. It formed a bullish candle on the daily chart as the close of the day was greater than opening level. The Banknifty trad

Last week, a friend of mine said, “Where do you think markets are headed? There is a global economic slowdown, massive layoffs are happening, inflation is at record levels in most nations, and amid all that Indian stock markets are rallying. The

An investment of Rs 1 lakh in the shares of this company two years ago would have turned to Rs 3.34 lakh today. Nava Ltd, an S&P BSE SmallCap company, has delivered multibagger returns to its shareholders in the last two years. During th

In what could be a sign that industrial activity is picking up in India, the country’s fuel demand climbed to an eight-month high in November, government data showed. Festivals and a pick-up in industrial activity boosted sales in the world's th

Soon, there may be an exclusive Apple store near where you live. The Tata Group will soon open 100 small exclusive Apple stores of 500-600 sq ft each across the country, a news report in The Economic Times has said. Apple is in talks with Ta

The Indian government’s coffers seem to be overflowing with cash this year, at least as compared to last year. The finance ministry has said that the net direct tax collection grew 24 per cent to Rs 8.77 lakh crore in the April-November of

Bank Nifty broke out of a 10-day tight-range base with a strong bullish candle. On Friday it opened higher and registered a fresh all-time high. However, it failed to sustain at higher levels as profit booking emerged ahead of the weekend and the

Swing Trading Stocks for the Week STOCK ACTION CMP SL TARGET 1 TARGET 2 KEI BUY 1614 1549

It took Instagram 2.5 months to get 1 million users, for Facebook it was 10 months, for Pinterest it took 20 months, but for ChatGPT it took just 5 days to get 1 million users. The AI tool has taken the internet by storm and we have to t

The Indian automobile sector’s retail sales grew 26% in November over the year-ago period, rising to the highest level ever barring March 2020, which was an exception when sales were higher due to BS-4 to BS-6 transition, according to data collated