ICICI Direct, The pound rebounded by about 1.80% yesterday after the Bank of England (BoE) said it would step in to calm the turbulence in the UK government bond market.
Bayer CropScience has sold the business to 2022 ES Discovery India Private Limited on a slump sale basis, for a consideration of Rs 1,111 million
SEBI has developed a robust framework to enable match making between social/charitable organizations and philanthropists/, big and small, who are in search of such organizations. Using the existing and well developed infrastructure of stock exchanges, SEBI has ambitiously sought to create a transparent and well governed market place for philanthropy
The company is acquiring Curatio Healthcare at 6.9 times FY 23 estimated sales and 23 times operating earnings
According to Geojit , A mixed trend was seen in NCDEX spices complex on Wednesday. Barring coriander, other spices declined.
Key measure of turbulence in Treasuries reaches highest level since 2020 coronavirus crisis
The Nifty50 has witnessed significant amount of Call writing at higher levels and there has not been enough Put writing at the lower end to find a meaningful support on the derivative front. The uptrend will resume only once we close above the level of 17,100.
On the sectoral front, power index down 1 percent, while FMCG, metal and pharma indices up 1 percent each.
Stocks to Watch: Check out the companies making headlines before the opening bell.
After a long bearish trend, the pharma indices have recovered from bottom and formed “Flag & Poll” pattern, which suggests bullish strength in pharma sector.
Dr Lal PathLabs shares gained 1.7 percent to Rs 2,694.35, continuing uptrend for the seventh consecutive session. It has seen formation of bullish candle on the daily charts with higher high higher low formation for seven straight sessions, and has given a breakout of downward sloping resistance trend line adjoining April 8 and August 26.
Prabhudas Lilladher is bullish on Westlife Development has recommended buy rating on the stock with a target price of Rs 847 in its research report dated September 27, 2022.
Among sectors, power, bank, and metal indices fell 1-2 percent, while pharma index rose 0.5 percent.
Prabhudas Lilladher is bullish on Torrent Pharmaceuticals has recommended buy rating on the stock with a target price of Rs 1850 in its research report dated September 28, 2022.
Motilal Oswal is bullish on Star Health and Allied Insurance Company recommended buy rating on the stock with a target price of Rs 830 in its research report dated September 27, 2022.
Motilal Oswal recommended Neutral rating on Torrent Pharma with a target price of Rs 1500 in its research report dated September 27, 2022.
Sharekhan is bullish on IndusInd Bank has recommended buy rating on the stock with a target price of Rs 1400 in its research report dated September 27, 2022.
Sharekhan is bullish on Mahindra Logistics has recommended buy rating on the stock with a target price of Rs 600 in its research report dated September 27, 2022.
In today’s edition of Moneycontrol Pro Panorama: Indian markets remain optimistic, Gold prices touch a record low, HAL is back on track, RBI support to INR, and more
On the BSE, Power, Bank, and Metal indices fell 1-2 percent and FMCG, Oil and Gas and Realty indices shed 0.5 percent each. However, the pharma index rose 0.46 percent.
However, Alibaba and Elevation Capital are enjoying huge notional gains on their Paytm holdings and are likely to pare stakes when the lock-in period expires on November 18
The Board simultaneously approved the appointment of Rajeev Kumar Jain as Chief Executive Officer and Key Managerial Personnel of the Company, who will be joining on October 3, 2022.
Top global investor Morgan Stanley Infrastructure Partners-backed Continuum Green Energy has recently launched a sale process to sell a controlling stake in the renewable energy platform, one of the biggest in India, and this time the founders are in exit mode as well. The mega deal could be valued between $700 million to $1 billion and is the latest in a series of high-profile deals in the buzzing clean energy segment. Moneycontrol’s Ashwin Mohan and Karunya Rao discuss the key transactions and trends in the exciting space which has caught the fancy of top global investors.
While the Indian market is gyrating, a meaningful correction should be an opportunity for long-term investors
It is important for the central bank to fight inflation in a timely and consistent manner. Not only that, it has to be seen doing that