First the macro picture from auto sales announced on Monday 01st August for the month of July 2022. A slew of new launches in the month managed to boost the overall auto numbers by 15% on a yoy basis to 324,650 units for the month of July 2022. Of co

FEDERALBNK has soared nearly 4% on Tuesday. The stock of Federal Bank surged nearly 4% on Tuesday’s trading session and has registered a breakout from its consolidation pattern. It traded in a range of Rs 105-110 for about 9 trading sessions. On

This NBFC stock has delivered 16% CAGR return over the last 10 years. According to Forbes rich person list, Cyrus Poonawalla is India’s fifth and world’s 71th richest person. As of August 2, he has a net worth of Rs 1,64,886 crore. He has been

The benchmark index Nifty gained 917 points of 5.5% in just four days, with three huge gaps. Post Federal Reserve's commentary on the economy, the global markets are also trading positively. The RBI's monetary policy is scheduled this week. It may

Asia Pacific markets plunge heavily. On Tuesday morning, the benchmark equity indices were trading flat amidst mixed reactions from global markets. The US Equity indices, The Dow Jones and S&P 500 gained by 0.83% and 1.1%, respectively,

At market close on Monday, the core equity indices continued the winning streak from the last week, and gained almost a per cent on the bourses. India's PMI (Purchasing Manager’s Index) jumped to 56.4 in July from 53,9 in June. It is the quickes

Alkyl Amines Chemicals, Kansai Nerolac Paints, and Poonawalla Fincorp have witnessed volume burst in the last 75 minutes of the trade. As the saying goes, the first and the last hour of each trading session is the most important and active in

We know the fact that only a handful of traders manage to make consistent profits. And what separates a consistent trader from an inconsistent one is the strategy and discipline to follow the trading strategy. In this fast-paced society where seve

It is not often that you see an oil refining company making losses when the gross refining margins (GRMs) are at a high of $31.8/bbl. However, these are not normal times and IOC paid the price of losing heavily on its marketing margins. In fact, just

Looking for stocks that could deliver good returns by August 02? 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

After four deadline extensions in the past, it looks like Oaktree and Piramal (two of the four final bidders for Reliance Capital), need more time for their due diligence. Reliance Capital went bankrupt and was referred to the NCLT for resolution. Pr

The North based realtor, DLF Ltd, and one of India’s largest listed realty players had reported healthy numbers for the June quarter. But more important was the fact that DLF had reduced its net debt by 16% in the June 2022 quarter. Over a one year