IT company HCL Technologies expects to double semiconductor services business in 3-4 years following capabilities that it will develop around electronic chip plants to be set by its group firm, a senior company official said here. HCL Group is among the companies that have applied to set up electronic chip plants under the "Scheme for [...]
State-owned Bank of Baroda (BoB) on Sunday slashed its home loan interest rates by 40 basis points (bps) to 8.5 per cent to beat the competition. Further, the bank also reduced its MSME loan interest rates starting at 8.40 per cent. Both offers are with effect from March 5, 2023, and are valid for a [...]
IndiGo on Sunday said it is looking at enabling codeshare connectivity to the US and Canada through its partnership with Turkish Airlines. On Friday, a senior official told PTI that the airline has received approval from the civil aviation ministry to wet lease up to two planes for operating flights to the United States and [...]
Equity market opened on a strong note on Monday, with the benchmark crossing the 60,000 level and Nifty making strong gains amid positive global cues. BSE Sensex jumped 554.06 points or 0.91 per cent to 60,363.03 points, while the broader NSE Nifty climbed 143.35 points or 0.81 per cent to 17,737.70 points. As many as [...]
Domestic benchmark indices opened in the Red on Monday. The thirty-share BSE Sensex opened 132.62 points lower at 59331.31 points and the fifty-share NSE Nifty 50 opened 37.2 points lower at 17428.60 points. On Friday, the indices posted their biggest single-day gain in the past few weeks. The rally in Adani group stocks added a [...]
We believe that there is more steam left to this pullback rally and hence it can extend higher till 17,700 where resistance in the form of the 50% Fibonacci retracement level (17,695) and the 20-day moving average (17,703) is placed. Considering the sharp up move in today’s trading session a consolidation cannot be ruled out. [...]
Many investors believe in the power of long-term investing. There have been many stocks that have given multibagger returns to their investors and have made fortunes for them. One such stock is of a chemical company SRF Ltd. One of the most common ways by which a stock has given multibagger returns is by appreciation [...]
The Bangalore-based startup, FinGrad Academy, has launched a massive Festive Sale on Holi with 50% off on the Annual Plan between 3rd to 9th March’22. FinGrad is a stock market learning platform that offers premium courses on trading and investing. A few of the top courses that users will get along with the premium subscription [...]
Big-Whale Ashish Kacholia is well-known for staying away from the media and avoiding interviews and journalists. He likes his portfolio to speak for itself. The ace investor has invested in over twenty stocks and has a varied portfolio that includes hospitality, education, infra and manufacturing stocks. Here are three multibagger stocks in his portfolio that [...]
High promoters holding in a company generally indicates that the promoters have faith in the company and expect higher business growth in the future. This in turn builds a positive image of the company in the minds of investors and thus tends to attract more investments. Here are 4 stocks that have not only delivered [...]
