The Forex market is a long and established practice, dating back centuries. There are many unique properties to the market - it is global, available 24/7 and extremely popular. It is estimated that in 2022, the daily volume of Forex trading was about $7.5 trillion. Recently, however, crypto trading has been getting into the spotlight [...]
The recent trend indicates that markets may continue to exhibit intra-day volatility as investors keenly await the outcome of the US Fed's decision on interest rates next week.- Kotak Securities Ltd We expect weakness in tech stocks to continue on account of the weak growth outlook, FMCG stocks are expected to do well on the [...]
The Shares of Titan Company Limited have delivered 67,850% in twenty years, as the share price has risen from Rs 3.67 in December 2002 to the current level of Rs 2,609 on the NSE. If an investor would have invested Rs 1 lakh in the company in November 2002, the total value of their holdings [...]
Banking stocks are already on an uptrend. However, they gained momentum after the RBI hiked the repo rate by 35 basis points on Wednesday. Both private banks, as well as PSUs, were big winners. The Nifty Bank gained an impressive 19.80% on a year-to-date basis (YTD), while the nifty PSU Bank index gained a massive [...]
Benchmark indices opened mildly in the red on Monday. The BSE Sensex was down around 150 points at around 62700 levels, while the fifty-share index NSE Nifty 50 was trading below 18700. Indian markets ended lower on Friday as they witnessed a bout of profit booking. Tech stocks were top laggards, with the Nifty IT [...]
The shares of HCL Technologies tumbled 7.24 per cent to reach an intraday low of ₹ 1021.60 apiece on the National Stock Exchange (NSE) on Friday. This happened following the news that the company had reduced its revenue growth guidance. The company said during a US analyst meeting held on December 08, 2022, that its [...]
The government's focus on infrastructure spending and affordable housing has led investors to be optimistic about the cement sector in India. The country approaching the peak construction period that falls between January-March along with the ongoing festive season has led multiple cement stocks to rally. Here are 3 cement stocks that have reached a new [...]
Small-cap firm Quint Digital Media Ltd (QDML) operates in consumer discretionary goods and services (CDGS). The company is listed on the Bombay Stock Exchange (BSE) and is the operator of ‘The Quint’. The company in an exchange filing informed that its board of directors have approved an issue of equity shares by way of a [...]
The shares of Hindustan Unilever Limited gained marginally on the last trading day of the week and reached its new 52-week high of Rs 2,741.60 in the early hours. The scrip rallied after the company announced that it has entered into the fast-evolving health & wellbeing segment in India which is estimated to be worth [...]
The shares of Yes Bank soared 13.80% during early trades on Friday to reach a fresh 52-week high of ₹ 20.50 apiece on the National Stock Exchange (NSE), in an otherwise weak market. The Nifty Bank index reached its 52-week high of 43853.40 points. Yes Bank has outperformed the index by gaining 52.65% in the [...]
