Sector allocations for a correction-proof portfolio
newsdepo.com
As benchmark indices declined four per cent over the past one month, Devang Mehta of Centrum Wealth and Varun Lohchab of HDFC Securities decode investment strategies to ride the on-going correction
According to the technical analyst from Anand Rathi, JINDALSAW has seen a strong resurgence in the last two sessions backed by robust volumes indicating soaring demand at lower levels
6% rally in Reliance Industries stock powers gains for Sensex and Nifty
newsdepo.com
Shares of Reliance Industries Limited were in heavy demand on Thursday as it jumped over 6 per cent, helping market benchmarks close with huge gains.
The market heavyweight stock jumped 6.10 per cent to close at Rs 2,494.40 on BSE. During the day, it zoomed
Banning cryptocurrencies could lead to more unlawful usage: Industry body
newsdepo.com
BACC's statement comes days after the government listed for introduction in Parliament a bill to ban all private cryptocurrencies, with some exceptions
Shri Bajrang Power & Ispat to nearly halve debt from Rs 700-cr IPO
newsdepo.com
Raipur-based integrated steel manufacturer Shri Bajrang Power & Ispat plans to pay back around Rs 400 crore of its long-term debt from the proceeds of its forthcoming Rs 700-crore initial share sale.
The company, among the top 10 in terms of installed capaci
Market wrap: 6% rally in RIL stock powers gains for Sensex and Nifty
newsdepo.com
RIL shares rise as board approves restructuring plan; Bajaj Auto's m-cap falls below Rs 1-trillion mark; India Inc to show significant EBITDA growth in next 12-18 months, says Moody's
GSK Pharma surges 11%, hits 52-week high on improved outlook
newsdepo.com
The management expects this positive momentum to continue through the second half of the year driving the company towards the better end of a meaningful performance improvement.
RIL gains 3% on plans to hive-off gasification assets into separate unit
newsdepo.com
RIL said the Scheme will also enable the company to evaluate unlocking the value of syngas, with a collaborative and asset-light approach involving induction of investor(s) in the gasifier subsidiary
BlackRock, Canada Pension bought more Paytm stock after weak market debut
newsdepo.com
BlackRock Inc. and Canada Pension Plan Investment Board were among so-called anchor investors in the IPO that bought more Paytm shares on Tuesday and Wednesday
Stocks to Watch: RIL, Asian Paints, PVR, SBI, Axis Bank, Dixon, Onward Tech
newsdepo.com
Reliance Industries has decided to implement a Scheme of Arrangement (Scheme) to transfer Gasification Undertaking into a wholly-owned subsidiary (WOS)
Will oil prices cool off after tapping Strategic Petroleum Reserves?
newsdepo.com
The US will release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and Britain to control oil prices. But will this be enough? Let's find out
A look at the key Bills coming up in Parliament's winter session
newsdepo.com
The government is set to have a busy winter session at the Parliament with cryptocurrency Bill, privatisation of two public sector banks and more on the agenda. This report takes a look at them