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At market close on Thursday, the headline indices, i.e. Nifty 50 and Sensex ended flat after treading positively the whole day. The Sensex was at 53,018.94, down by 8.03 points or 0.02 and the Nifty was at 15,780.25, down by 18.85 points or 0.12
At a time when the government is looking for new sources of revenues, the low hanging fruit is to plug the leakages in the form of too many exemptions. The meeting of the GST Council which concluded on Wednesday 29th June, made far reaching changes b
In the world of business, there is a difference between a pause and a halt. What we have believed all along is that the Edtech sector is up against a pause. In the enthusiasm to grow, the sector perhaps added resources too fast and is now streamlinin
For the production of cement, the cost of coal, fuel and freight is an import cost component. In the last few weeks, the coal prices had shot through the roof compressing the operating margins of cement companies. Now there are signs of a solution em
Looking for stocks that could deliver good returns by July 01? Here are the High Momentum stocks that one must watch for tomorrow selected on a three-factor model. Market participants often see a stock opening with a
The US economy is slowing and it is slowing at an alarming pace. In the December 2021 quarter, the US economy had grown by an impressive 6.9. However, with the Fed embarking on a rate tightening cycle, GDP growth contracted by -1.6 in the March qua
At 12:16 pm, on June 30, the shares of Max India Ltd are up 2.29 and trading at Rs 71.5 Ashish Dhawan is one of the top investors in India. He currently has a net worth of Rs 2,000 crore and publicly holds 15 stocks in his portfolio. He is known
An investment of Rs 1 lakh in this stock last year would have turned to Rs 4.94 lakh today. Hindustan Adhesives Ltd delivered multibagger returns to its shareholders in the last 2 years. During this period, the company’s share price jumped from
The weak global markets resulted in a gap down opening for Nifty around 15700 zone. However, we did not see any follow up selling and the index recovered the losses gradually. At one point, Nifty even entered positive territory but it ended around 15
The smallcap battery manufacturer held its 87th Annual General Meeting yesterday. The shares of Eveready Industries Ltd, an S&P BSE SmallCap company that manufactures dry cell batteries and flashlight torches are rallying on the bourses today.
The Indian government has been supportive of the domestic fertiliser industry and raised the subsidy under the nutrient-based subsidy (NBS) scheme two months back. This was to ensure the availability of fertiliser for farmers and keep the production
The Indian stock market has been trying to build a bottom after sinking nearly 15 from the peak but fell again on Wednesday, before opening slightly higher on Thursday. On the one hand, investors are worried about rising interest rates in India a
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