Markets likely to take a breather Markets likely to take a breather Karan Dsij / Wednesday, January 24, 2018 / Article rating: No rating Key benchmarks are likely to take a breather after witnessing strong rally in the last five trading sessions as cues from Asian peers are dull. The SGX Nifty indicates that the Nifty could open at 11,066, down by 23 points at the opening bell.
Overnight Digest: Stocks to look out for on January 24 Overnight Digest: Stocks to look out for on January 24 Nikita Singh / Tuesday, January 23, 2018 / Article rating: 4.2 Stocks that are likely to witness a significant movement on the bourses on January 24, 2018 are Wipro Limited, Shriram EPC Limited, RBL Bank Limited, Aurionpro Solutions Limited, Can Fin Homes Limited and Welspun Corp Limited.
Bharat Dynamics files draft papers for IPO Bharat Dynamics files draft papers for IPO Nikita Singh / Tuesday, January 23, 2018 / Article rating: 5.0 Becoming the fourth PSU in line to get listed in 2018, defence PSU Bharat Dynamics filed its draft red herring prospectus with market regulator SEBI to roll out its initial public offer on Tuesday.
Metal index rebounds, Vedanta breaches multi-year high Metal index rebounds, Vedanta breaches multi-year high Bhagyashree Vivarekar / Tuesday, January 23, 2018 / Article rating: No rating Robust performance from metal majors uplifted the benchmark indices to close at all-time high with nearly a per cent gain from the previous close. Nifty Metal index rose as much as 4 per cent majorly driven by 5.2 per cent gains in Vedanta.
ONGC to sell stakes in IOC, GAIL ONGC to sell stakes in IOC, GAIL Gayathri Udyawar / Tuesday, January 23, 2018 / Article rating: No rating For funding the Rs. 36,915 crore HPCL deal, ONGC has received government approval to sell stakes in IOC and GAIL. Given the levels that the benchmark indices are trading these days, it is fair to assume that government wants to expedite the 51.11 per cent stake sale of HPCL to ONGC.
IOC surges on consideration of bonus share IOC surges on consideration of bonus share Nikita Singh / Tuesday, January 23, 2018 / Article rating: 4.3 India’s largest commercial enterprise Indian Oil surged by over 4 per cent on the bourses on Tuesday as the company announced that its board is likely to consider issuance of bonus shares in its upcoming board meeting on January 30, 2018.
Robo Advisors: Is this right for you? Robo Advisors: Is this right for you? Shashikant Singh / Tuesday, January 23, 2018 / Article rating: 3.5 Despite being new to the investment scene, robo-advisors are increasing their presence in the financial planning arena. Read on to find if you should be part of this phenomenon.
Kalpataru Power surges post bagging orders worth Rs. 871 crore Kalpataru Power surges post bagging orders worth Rs. 871 crore Nikita Singh / Tuesday, January 23, 2018 / Article rating: 5.0 Construction engineering company Kalpataru Power Transmission soared by over 11 per cent on the bourses on Tuesday after the company announced an orders win of Rs. 871 crore.
India fifth most attractive investment destination says PwC survey India fifth most attractive investment destination says PwC survey Tanay Loya / Tuesday, January 23, 2018 / Article rating: 4.3 A survey of CEOs by global consultancy PwC on Tuesday said that the optimism over global economic growth is at a record level and India is seen as the fifth most attractive market for investments.
IMF: World economy upbeat, India to grow at a faster pace of 7.4 per cent IMF: World economy upbeat, India to grow at a faster pace of 7.4 per cent Rohan Takalkar / Tuesday, January 23, 2018 / Article rating: 3.0 India soon to lead as the fastest growing economy in the world followed by China. IMF in their latest world economic outlook reiterated India’s growth forecast for 2018 at 7.4 per cent and 7.9 per cent for 2019. While, China is expected to grow at 6.8 per cent and 6.4 per cent for 2018 and 2019, respectively.