The windfall tax was first imposed a few months back for a few distinct reasons. Firstly, the government wanted to take away part of the price of the oil and gas produced or exported from India when price levels are higher. Secondly, windfall tax for

At a time when the mainboard IPOs had been reduced to a virtual trickle, the SME IPOs are virtually making hay. The mainboard IPOs may have had problems like start-up funding, aggressive valuations, earnings growth etc. SME IPOs don’t seem to have

On Friday, when the Office of the Economic Advisor announced the WPI inflation, there was some room for cheer. CPI inflation may not have come down but WPI inflation has surely come down and it has come down sharply. More importantly, the fall in WPI

Yes, attrition or the pace at which a company loses people, has been the biggest bane of Indian IT in the last few quarters. How did this attrition problem become pronounced? The reason was the sudden mismatch in demand and supply. The Indian IT sect

The minutes of the Monetary Policy Committee Meeting announced on Friday, betrayed a very subtle shift in the thinking of the members of the MPC. The MPC is still hawkish and has raised rates by 190 basis points since May. The last 3 rate hikes have

The proposed merger between HDFC Bank and HDFC Ltd to create a private banking behemoth has already got the approval from the CCI and also the RBI. Now the company that will survive the merger, HDFC Bank, has hinted that it could complete its planned

FDC, La Opala RG, Ambuja Cement 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 the most important and active in terms of price & volume. M

Looking for stocks that could deliver good returns by October 18? 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 g

The company exports to 29 countries. On October 17, the market is trading in the red. At 12 pm, the S&P BSE Sensex is trading at 58106, up 0.32%, while NIFTY50 is trading at 17248, up 0.36%. About sectoral performance, Financials are outp

On Monday, Indian equity markets kicked off the first trading session of the week on a flat note. At 9:23 am, Nifty 50 is trading with marginal losses of 0.15% in the red territory at 17,160. Top gainers include Bajaj Auto, Infosys, Eicher Motors,

Best intraday stocks to watch out for on October 17 The Nifty opened with a 308 points positive gap and sustained most of the gains. It also opened above the 20 and 50DMAs, but at the end of the day, it closed below these crucial moving averages.

Angel One's net income rose by 59.14% in the last quarter, reaching Rs 213.56 crore. Angel One has gained 57.45 points, or 3.62%, from its previous BSE closing price of Rs. 1587.75 to its current price of Rs 1645.20. Shares have traded betwe