On 9th July 2022, Avenue Supermarts announced its quarterly results for the last quarter of FY2022. Key Highlights: Standalone Results: - Total Revenue for the quarter ended June 30, 2022 stood at Rs.9,807 crore, as compared to Rs.5,032 cror

Last week, Nifty filled June 13 gap, along with this it has retraced 61.8 of its prior downtrend. It also managed to close above the 50DMA. After a hesitant move last week, the Nifty has resumed its upward move sharply. In the last five trading sess

Operating margins were below the investor’s expectations. The second-largest corporation in India and the largest IT company in India- Tata Consultancy Services (TCS) has reported Q1 FY23 results today on 8th July. The company is buzzing on Dala

Nifty IT has fallen about 37 from its lifetime high levels of nearly 40,000. The global market meltdown that was primarily caused by soaring inflation, proved detrimental to the growth sector like IT. The “wage war” that most IT companies fac

Markets have been declining for 6 to 7 months and are still showing faint signals of reversal. So, what should mutual fund investors do? Let us investigate. When it comes to investing in mutual funds, investors are concerned about a variety of fac

The good news is that the IT services sector is likely to still log double digit revenue growth in the fiscal FY23. However, the not so encouraging news is that this growth in revenues is likely to moderate. The recession (or rather the expectation

There have been unsavoury news flows about SpiceJet in the last few weeks. To be fair, the airline has had a chequered history. When the airline got into its first crisis, it had to be bailed out by the Maran group of Tamil Nadu. Later, when the Mara

Looking for stocks that could deliver good returns by July 11? Here are the High Momentum stocks that one must watch for tomorrow selected on a three-factor model. Many market participants see a stock opening wi

The Indian stock market has been slowly inching higher, trying to recover from the trough it hit 15 below the all-time peak recently. But the risk elements remain. In a bull market it’s easy to be swayed by a herd mentality to look for growth s

The stock of Arman Financial Services Ltd has witnessed huge buying interest following a strong breakout from its triangle pattern on the technical chart. It has surged over 9 during the first half of Friday's trading session and with this, it has h

Mukesh Ambani, India’s wealthiest man, doesn’t want history to repeat itself. For, the billionaire chairman of Reliance Industries Ltd—the diversified conglomerate that runs the world’s biggest fuel refinery as well as India’s biggest telec

Cement stocks are gaining momentum due to declining crude oil prices. Markets are trading positive for the third consecutive day. At 11:40 am, on July 8, S&P BSE Sensex is trading at 54397.75 with 0.4 gain, whereas the NIFTY index is trading