11843 stories by IPA Staff
4 technical stocks to buy this week: IGL, India Cements, others may rally up to 16%, look strong on charts
Research and brokerage firm Axis Securities has recommended four technical stocks to buy this week, with up to 16 per cent rally. Image: Reuters Sensex and Nifty 50 plunged over 3.5 per cent on Monday as India recorded a massive surge of 1.7 lakh COVID-19 cases in the last...
Jefferies’ Chris Wood holds on to cyclical trade on Wall Street; sees no imminent tapering scare
In the aftermath of the pandemic, the US economy has been going on strong, another reason why Wood continues to be bullish on cyclicals. (Image: Reuters) With the US economy coming out of the pandemic strong, Chris Wood, Global head (equity strategy), Jefferies is sticking to his long on...
Sensex tanks over 3%, Bank Nifty tumbles 1,650 pts; bloodbath on D-St wipes out Rs 8 lakh cr investor wealth
Amid panic selling, the total market cap of BSE-listed companies tumbled by nearly Rs 8 lakh crore to Rs 201 lakh crore at close BSE Sensex and Nifty 50 plunged over 3 per cent on Monday as fear of stricter lockdown to curb the second wave of COVID-19 dented...
Have You Linked Your Aadhaar with PAN? If Not, Here’s How Much It May Cost You
The government has been giving several extensions to taxpayers who have yet not linked their Permanent Account Number (PAN) with Aadhaar. The last date for linking the PAN card with the Aadhaar card was extended by the Central Board of Direct Taxes (CBDT) from March 31 to June 30,...
Market HIGHLIGHTS: Sensex crashes 1,708 pts, ends below 48,000, Nifty at 14,310; IndusInd Bank tanks 8.5%
The rise in covid cases and fear of another lockdown spooked the selling pressure in Banking and financial stocks. Bank Nifty is now trading below its 100 DMA which indicates furthermore bearishness in the near/short term. If Bank Nifty sustains below Rs 31,000 level then it may slide further...
Sensex Slumps 1,708 Pts Amid Selloff, Nifty Below 14,350; Dr Reddy’s Surges 5% After Sputnik V Approval
Equity benchmark Sensex plummeted 1,708 points on Monday following an across-the-board selloff as spiking COVID-19 cases in the country spooked investors. The 30-share BSE index sank 1,707.94 points or 3.44 per cent to end at 47,883.38. Similarly, the broader NSE Nifty plunged 524.05 points or 3.53 per cent to...
Deccan Gold Mines reappoints Natesan Chinnapan as Additional Director for 2 years term
Deccan Gold Mines has informed that the Board of Directors of the Company on 9th April, 2021, has re-appoints Natesan Chinnapan as an Additional Director (Independent & Non Executive) of the Company for a further period of two years w.e.f. 12th April, 2021 Natesan Chinnapan is a Post-Graduate in...
SBI Collects Rs 300 cr From Zero Balance Accounts in 5 years: IIT-Bombay Study
Several banks, including State Bank of India (SBI), have been imposing excessive charges on certain services provided to poor persons having zero-balance or Basic Savings Bank Deposit Accounts (BSBDA), a study by the IIT-Bombay (IIT-B) has revealed. The study observed that the SBI’s decision to levy a charge of...
Thomas Cook India opens its second Gold Circle Partner outlet in Lucknow led by growing travel demand
Given the growing demand for travel and travel related services in Uttar Pradesh, Thomas Cook (India) Limited, India’s leading integrated travel services company has opened its second Gold Circle Partner (Franchise) Outlet in Lucknow. This expansion augments Thomas Cook India’s distribution and reach in Uttar Pradesh to 8 consumer...
Top Stocks for Investors on April 12
The stock market on Friday, April 9, gave a negative ending after starting the day on a flat note led by banking stocks. Following the same trend, the indices on Monday, April 12, are expected to open lower as the SGX Nifty was trading at 51.00 points or 0.34...
Nifty Metal dives 5% amid lower base metal prices, rising Covid cases; Adani Enterprises, SAIL, NALCO slip 9% each
Nifty Metal index was trading on a hotbed led by broad-based selloff across stocks on Monday tracking overall bearish markets. The performance comes amid lower base metal prices globally and a rapid surge in Covid-19 cases across India indicating a renewed lockdown in some states. At around 1.51 pm,...
Rupee Slips Below 75 US Dollar Level in Early Trade Ahead of Release of Key Macroeconomic Data
The rupee opened on a weak note and fell below the 75 per US dollar level in early trade on Monday amid lacklustre opening in domestic equities ahead of the release of key macro-economic data. Moreover, rising crude oil prices, foreign fund outflows, spiking COVID-19 cases and heavy selling...
Nifty FMCG halt gaining spree, index dips 700 points; United Spirits, Jubilant FoodWorks and Godrej Consumer major losers
Nifty FMCG Index collapsed amidst the markets bears. The Index after being on gaining spree for four straight sessions repeated the Monday horror show like last week. The Index shunned over 700 points with United Spirits, Jubilant FoodWorks and Godrej Consumer shedding around 4% each. Britannia and Varun Beverages traded in...
Visit Your Nearby Branch Today, To Remain Shut From Tomorrow
People who are planning to visit banks will have to do it today, Monday April 12, 2021 itself as banks will remain closed in most parts of the country from April 13 till 16 due to various festivals. Every year, the Reserve Bank of India (RBI) holiday calendar states...
Shri Bajrang Alliance donates 200 Oximeters to prevent pandemic situation in Raipur
Shri Bajrang Alliance Limited (GOELD Frozen Foods) has informed that the company came forward to donate 200 Nos. of Oximeters, in view of wide spread of Covid-19 pandemic in Raipur District, to CMHO, Raipur Meera Baghel in presence of Dr. S Bharathi Dasan, lAS, District Collector Raipur. This donation...
Rate Increases Marginally, Silver Falls
Gold prices on Monday, April 12, increased marginally by Rs 1 per gram for 22-carat gold as the rate stood at Rs 4,471 compared to Rs 4,470 on the previous day. The price of 10 grams of 22-carat-gold hiked by Rs 10 to stand at Rs 44,710 from the...
CRISIL assigns AA- / Stable rating on Supreme Petrochem long-term bank facilities; stock hits 52-week high
The credit rating agency also assigned the CRISIL A1+ rating on the companys short-term facilities. Source link
Stock Market Sees Major Fall as Sensex Opens at 1,400 Pts Below, More Than 40 Nifty Stocks Turn Red
Markets see major fall with more than 40 Nifty stocks in the red as Indian indices opened weak on Monday with Nity below 14,600 on the back of mixed global cues. Except Infosys, all other shares are in red on BSE Sensex in the early trade. According to Money...
