tata group stocks: All-time high after rallying 35% in a month, can this Tata Group stock rise more
NEW DELHI: Shares of Tata Group firm , the world’s third largest producer of soda ash, hit a fresh record high of Rs 1,182.40 on BSE earlier today. But upside on the counter looks limited following a 35 per cent rally in the last one month. Analysts said soda ash prices are expected to remain…
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Sensex crash: Sensex, Nifty tank 1% each: 5 factors behind market selloff
Benchmark indices saw profit booking in Friday’s trade, with Nifty50 witnessing selling pressure after coming close to the 18,000-mark. The Nifty50 snapped its longest winning streak in nearly two years as the 50-pack index hit the sub-17,800 level, while the BSE barometer Sensex cracked 652 points to end the session at 59,646.15. Both indices ended…
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Japan stocks: Japan shares reverse gains, investors await Fed symposium
Japanese shares reversed morning gains to close flat on Friday as stocks that powered a recent rally slipped, while investors awaited next week’s Federal Reserve symposium. The Nikkei share average ended down 0.04% at 28,930.33, having opened 0.53% higher to break through the 29,000 mark. The index lost 0.96% on Thursday, but gained 1.07% for…
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devyani international share price: Can Devyani’s move to diversify help it get an edge over Sapphire Foods?
Many QSR businesses are operating in India, but the franchises that catch the eye from an investor perspective are KFC and PizzaHut. The parent company of these brands is YUM India, which has given these franchises to two players in India — Devyani International Ltd (DIL) and Sapphire Foods India Ltd (SFIL). Synopsis DIL and…
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Take Five: Taking in the vistas from Jackson Hole
Jackson Hole, Wyoming, is the focal point for markets in the coming week as investors zero in on the Federal Reserve’s annual confab. Business activity indicators in the euro zone and an inflation gauge in the United States are also on tap, while rate cuts may be looming in China. Here is a look at…
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Fed rate hike: Fed united on need for higher rates, divided over how high
The Federal Reserve needs to keep raising borrowing costs to bring high inflation under control, a string of U.S. central bank officials said on Thursday, even as they debated how fast and how high to lift them. St. Louis Fed President James Bullard, who was among the central bank’s earliest advocates last year of a…
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corporate radar: Corporate Radar: BPCL, Sun Pharma to turn ex-dividend; AGMs, bonuses and more
NEW DELHI: A host of board meetings and corporate actions are scheduled for Friday. Shares of Astral (Rs 1.75 per share), Bharat Petroleum Corporation (Rs 6 per share), (Re 0.8 per share), (Rs 3 per share), (Re 1 per share), Gujarat Gas (Rs 2 per share), (Rs 10 per share), Kitex Garments (Rs 1.5 per…
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reliance infra share price: Big Movers on D-St: What should investors do with Adani Power, TVS Motor and Reliance Infrastructure?
Indian markets closed in the green on Thursday despite a muted start. The S&P BSE Sensex and Nifty50 recouped intraday losses and closed marginally higher which is a positive sign for the bulls. Sectorally, buying was seen in realty, utilities, power, capital goods, and banks while some selling was visible in oil & gas, IT,…
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Buy or Sell: Stock ideas by experts for Aug 19, 2022 – The Economic Times Video
Buy or Sell: Stock ideas by experts for Aug 19, 2022 – The Economic Times Video | ET Now ET Now | 19 Aug 2022, 08:45 AM IST ET Now spoke to various experts and here’s what they have to recommend for today’s trading session. Kunal Bothra has a buy/sell recommendation on Kotak Bank and…
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Tech View: Nifty50 bulls look tired; stay cautious
Nifty50 somehow pushed its winning run to the eighth straight day on Thursday. The index made a similar high as Wednesday’s, as the bulls looked tired at highs. Analysts are cautious The ‘RSI Smoothed’ oscillator has given a negative divergence on the lower time frame chart in the overbought zone, which is the first sign…
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