It needs no reiteration that the rupee has been under tremendous pressure from a strong dollar and persistent FPI outflows. The RBI forex reserves have fallen from a high of $647 billion to $532 billion with more than 30 of the losses explained by R

At the end of September quarter, order backlog for the company stood at Rs 33,457 crore. Praj Industries, India’s leading company in bio energy space announced Q2FY23 results on October 18, post market hours. Consolidated revenue for the s

The stock surged 3 on the day On October 18, the market is trading in green. At 10:56 am, the S&P BSE Sensex is trading at 59325.61, up 0.6, while NIFTY50 is trading at 17584.1, up 0.56. Regarding sectoral performance, Financials and C

On Monday morning Indian indices started on a great note! Domestic equity, BSE Sensex was up by 101.96 points or 0.16 at the 61,897 level, while the Nifty was up 44.20 points or 0.24 at 18,393.90. About 1756 shares have advanced, 1690 declined,

On a monetary policy day, the benchmark indices declined below the key supports. It closed below the prior bar and formed another lower low candle. For the second day, it closed below the 5EMA. However, it surpassed the previous day's high d

Transformers and Rectifiers (India) order book rises to Rs 1521 crore. Transformers and Rectifiers (India) is currently trading at Rs 54.60, up by 3.39 from its previous closing of Rs. 53.15 on the BSE. The scrip opened at Rs. 53.15 and has touch

The cues in the global markets led to a positive start for benchmark indices which further strengthened with the surge in majority indices across sectors like FMCG, auto, capital goods, power, PSU Bank and realty. On a domestic basis, the reduct

It looks like the funding gods are finally smiling on the Edtech sector in general and Byju’s in particular. Byju’s has just raised $250 million through a rights issue from existing investors, but what is perhaps gratifying is that it was done at

The sugar cycle year (SCY) is likely to be another bumper year for the sugar industry. But first a quick word on what this sugar cycle year is all about? In India, sugar follows a distinct cycle stretching from October to the next September. So, in t

The exchanges have reported that Piramal Pharma Ltd would be listed on the bourses on Wednesday, the 19th of October. It may be recollected that recently Piramal Pharma had bene demerged from Piramal Enterprises Ltd (PEL). Piramal Enterprises always

The Phoenix Mills, Ujjivan Small Finance Bank, and Hindustan Aeronautics Limited have witnessed volume burst in the last 75 minutes of the trade. As the saying goes, the first, as well as the last hour of each trading session, is t

Looking for stocks that could deliver good returns till October 19? Here are the High Momentum stocks that one must watch for tomorrow selected on a three-factor model. Many participants see a stock opening with a gap-up and wish they sh