NEW DELHI: FMCG shares closed higher in the Wednesday’s session. P & G Hygiene(up 3.68%), Vadilal Industries(up 2.44%), Godrej Consumer Products(up 2.17%), Mrs Bectors Food Specialities(up 1.95%), Dabur India(up 1.00%), Hindustan Unilever(up 0.92%), Sheetal Cool Products(up 0.82%), Hindustan Foods(up 0.79%), Bikaji Foods International(up 0.63%) and Euro India Fresh Foods(up 0.59%) [...]
Lakshmi Iyer, CEO-Investment & Strategy, Kotak Alternate Asset Managers, says the yield curve is likely to remain elevated for some more time. Rate hike may not be immediately on the cards, but a hawkish undertone given that global factors are dominating the scenario right now could well be the order [...]
Rahul Tyagi, Co-Founder, SAFE Security, says “if the users’ identities have been compromised, the companies will have to give them some compensation. If the only hit is to the company’s data, then users have nothing to do with it. But in case the users’ data have been affected, then the [...]
India will sell 50-year bonds for the first time, introducing ultra-long maturity debt to cater to the growing demand from insurance and pension funds. The new bond adds to the 30-year and 40-year tenor debt sold, extending the nation’s yield curve, according to a borrowing plan released by the Reserve [...]
In the ever-changing landscape of the stock market, investors often rely on technical indicators to identify potential investment opportunities. One such key indicator is the 200-day Simple Moving Average (SMA), which provides valuable insights into long-term trends. On September 26, several major stocks displayed notable strength by surpassing their 200-day [...]
Shares of the Vedanta Ltd. traded at Rs 209.65 on BSE at 02:10PM (IST) on Wednesday, down 6.42 per cent. The stock quoted a 52-week low price of Rs 209.2 and a high of Rs 340.75. Earlier in the day, the stock saw a gap down opening. At the prevailing [...]
Shyam Metalics and Energy Limited has forayed into the energy storage sector and will manufacture battery-grade aluminum foil, a critical component in lithium ion cells. Sheetij Agarwal, Head- Business Excellence and Strategy, Shyam Metalics, says “for every one gigawatt hour of lithium-ion battery capacity that will come up, cell manufacturing [...]
Last Updated: September 27, 2023, 13:52 IST Morgan Stanley boosts target prices for IT giants Morgan Stanley has revised its price targets for most IT giants upwards including TCS, Infosys and HCL Tech Morgan Stanley has revised its price targets for most IT giants upwards including TCS, Infosys and HCL [...]
NEW DELHI: Shares of Ambuja Cements Ltd. traded 0.17 per cent up in Wednesday’s trade at 01:04PM (IST). Around 29,327 shares changed hands on the counter. The counter opened at Rs 427.4 and touched an intraday high and low of Rs 431.35 and Rs 426.0, respectively, in the session so [...]
In the dynamic world of stock trading, understanding technical indicators is essential for success. Among these indicators, the Relative Strength Index (RSI) stands out as a vital tool. On September 26, Tuesday, StockEdge identified 3 stocks trading in the overbought zone but showing a declining RSI trend. ETMarkets has handpicked [...]