Some of the above defence counters may profit from the Indian government's intense attention on "Make in India" in the defence industry. Some equities that stand to benefit from government efforts have been listed by domestic brokerage company YES Securities.Bharat ElectronicsAll three armed services rely on ...
Although it appears that the Nifty has achieved a short-term bottom at approximately 15,183, 15,950 is a crucial and immediate obstacle because it is a 20-DMA (day moving average). Above here, a short-covering rally toward 16,200–16,500 levels is to be anticipated.On the downside, 15,700 is a strong and quick ...
After Zomato announced that its board had approved the acquisition of Blink Commerce Pvt Ltd (formerly known as Grofers), where it already owns an 8–9% stake, for Rs 4,447 crore in a share swap deal as part of its strategy of investing in quick commerce businesses, shares of Zomato were trading higher in the morning ...
On June 27, strong global signals supported the Nifty's third consecutive session of upward movement. It increased by more than 133 points, closing at 15,832 points. The benchmark index closed at its highest level since June 10 at this time.The Nifty has made a higher low during the previous five to six ...
On June 27, the rating company Moody's Investors Service changed the outlook for Tata Steel from "stable" to "positive." Additionally, Moody's confirmed Tata Steel's Ba1 corporate family rating at the same time (CFR).According to a press release from Moody's Senior Vice President Kaustubh Chaubal, "Today's ...
The market halted a two-week losing skid by rising about 2.65 percent in the week that ended June 24, as optimism returned to the world after worries of a recession brought on by the US Federal Reserve's aggressive rate rises subsided somewhat.In most beaten-down sectors, short-covering and value buying were ...
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