[ad_1] Stocks to watch on April 2: Equity market started the week with modest gains and hit new life highs, gaining over half a percent. In today’s trade, shares of ABFRL, Hero MotoCorp, Infosys, RIL, Bharat Electronics will be in focus due to various developments and monthly business updates. Infosys: The IT services major has received a tax demand of Rs 341 crore from the Income Tax Department for…
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[ad_1] Stocks To Watch on April 1: Equity markets ended the last fiscal on a positive note despite uncertainty around valuations in the broader market. In today’s trade, shares of IDFC First Bank, Indian Oil, Infosys, Zomato, JSW Steel will be in focus due to various news developments. Bank Of India: Bank Of India has received a demand notice of just over Rs 1,000 crore from the assessment unit,…
Read More »[ad_1] During the truncated holiday week, the collective market worth of seven out of the top 10 esteemed companies surged by ₹67,259.99 crore, with Reliance Industries emerging as the primary beneficiary amid a general bullish sentiment in the stock market. The BSE index experienced an ascent of 819.41 points or 1.12 percent over the week. Trading activity was limited to three sessions due to market closures on Monday for…
Read More »[ad_1] The delisting of ICICI Securities (I-Sec) has been approved by over two-thirds of its public shareholders facilitating its transition into a wholly owned subsidiary of ICICI Bank. Notably, the listing in April 2018 did not yield any material benefit to the parent bank. Thus, the move seems like a course correction. This is also likely to be taken as a cue by its peers – HDFC Bank, Axis…
Read More »[ad_1] Buy or sell stocks: Despite a strong rally in PSU bank stocks, shares of State Bank of India (SBI) remained a laggard. However, the SBI share price has delivered strong upside movement in the last two months. SBI share price has risen from around ₹605 to ₹753 apiece level, logging around 25 percent rise in this time. However, Nifty 50 and Nifty Bank major HDFC Bank shares continue…
Read More »[ad_1] HDFC Bank, HUL and Asian Paints have for long been the undisputed leaders of their industries. But the stocks’ recent spell of underperformance has starkly demonstrated the market’s most pervasive disclaimer—past performance is no guarantee of future results. And yes, size does matter. [ad_2] Source link
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