BUSINESS
Gold Prices Today: Precious metal to remain volatile ahead of US jobless claim data
Gold to expected to trade sideways to positive. On MCX, April gold Future has support at Rs 56,020 and resistance at Rs 56,700, Saumil Gandhi of HDFC Securities has said
BUSINESS
Brokerages bullish on ONGC post Q3 earnings; see up to 53% upside
In its earnings release, the company cited that the uncertainties and constraints across the global supply chain due to the Russia-Ukraine conflict had adversely affected the production of crude oil and gas.
BUSINESS
Stock Market Today: Top 10 things to know before the market opens
Stock Market News: In the previous session, the BSE Sensex jumped 243 points to settle at 61,275, while the Nifty50 advanced 86 points to close at 18,016
BUSINESS
Bharat Forge declines over 6% after Citi tags stock with 'sell' as overseas subsidiaries continue to disappoint
CLSA expects strong growth in commercial vehicles, passenger vehicles, and defence segments, with lower margin assumptions for FY24/25. The research firm appears to be positive on the company's revenue growth and export revenue.
BUSINESS
Stock Market Today: Top 10 things to know before the market opens today
Stock Market News: Trends in the SGX Nifty indicate a negative opening for the broader index with a loss of 14 points on Wednesday amid mixed trading in Wall Street and subdued atmosphere in Asian markets
BUSINESS
Stock Market Today: Top 10 things to know before the market opens today
Stock Market News: Trends in the SGX Nifty indicate a positive opening for the broader index in India supported by a sharp spike in US stocks and upbeat trading in Asian markets
BUSINESS
BHEL draws a 50% downside from brokerages despite rise in Q3 profit
Morgan Stanley believes that EBITDA was below consensus estimates by 65 percent/80 percent, respectively with interest cost up 13 percent QoQ.
BUSINESS
Gold Prices Today: Precious metals to remain under pressure as US Fed may stay hawkish
According to the market experts, persistent higher US inflation could force the US Federal reserve to maintain its hawkish stance on monetary policy and could further increase interest rates, weighing bullion prices.
BUSINESS
Voltas shares upbeat as Nomura retains 'buy' call, sees 27% upside despite Q3 loss
Its revenue from operations was up 11.82 percent to Rs 2,005.61 crore during the quarter under review as against Rs 1,793.59 crore in the year-ago period. Voltas had a profit before exceptional items and tax of Rs 56.93 crore in the third quarter of FY23. Its expenses on exceptional items were at Rs 137.39 crore.
BUSINESS
Stock Market Today: Top 10 things to know before the market opens today
Stock Market News: Trends in the SGX Nifty indicate a negative opening for the broader index in India on Monday amid tepid trading in the West and in Asian markets as investors tread cautiously ahead of the inflation data
BUSINESS
HPCL stock rises even after Q3 profit dives; Motilal Oswal sees 31% upside
Brokerage houses say HPCL, along with other OMCs, is all well placed to benefit from improving marketing situation and healthy refining profitability
BUSINESS
Gold Prices Today: Sell yellow metal on rise around Rs 57,100; support around Rs 56,680-56,500
Recent uptick in yields have taken some steam off the non-yielding yellow metal. Now the focus might shift towards US CPI data due next week, to gauge Fed’s future course of actions, said Ravindra Rao, CMT, EPAT, VP- Head Commodity Research at Kotak Securities.
BUSINESS
Stock Market Today: Top 10 things to know before the market opens
Stock Market News: In the previous session, the BSE Sensex rose 142 points to settle at 60,806, while the Nifty50 climbed 22 points to end at 17,893
BUSINESS
Morgan Stanley 'overweight' on Shree Cements despite 44% drop in Q3 profit, here's why
Shree Cements' revenue from operation was up 15 percent at Rs 4,069 crore during the October-December 2022 period against Rs 3,552 crore in the same quarter of the previous year
BUSINESS
Trent gets 'buy' rating from Sharekhan with 20% upside
Sharekhan expects double-digit growth in Westside revues with encouraging performance from new stores opened in over the the past 12 months.
BUSINESS
Gold Prices Today: Precious metals to remain volatile ahead of US unemployment data
Rahul Kalantri, VP Commodities, Mehta Equities expects gold and silver to remain volatile in today’s session ahead of the US unemployment data. Gold has support at Rs 56,920-56,660, while resistance is at Rs 57,420, 57,570, he said.
BUSINESS
Gujarat Pipavav Port stock price rises after 89% jumps in Q3 profit; Nomura expects 51% upside
Sales of the company rose 48 percent to Rs 250.57 crore in the quarter ended December 2022 as against Rs 168.56 crore during the same period in December 2021.
BUSINESS
Stock Market Today: Top 10 things to know before the market opens
Stock Market News: In the previous session, the BSE Sensex jumped 378 points to close at 60,664, while the Nifty50 advanced 150 points to settle at 17,872
BUSINESS
Hero MotoCorp gets 'buy' tag from Citi, Jefferies with 26% upside after strong Q3 profit
The country's largest two-wheeler maker's revenue from operations during the quarter stood at Rs 8,031 crore, as compared to Rs 7,883 crore during Q3 FY22, witnessing an uptick of 1.8 percent.
BUSINESS
Gold Prices Today: Yellow metal likely to edge higher, witness short-covering bounce
Trend in precious metals may remain bullish. Gold has resistance at Rs 57500 and support at Rs 56800. Silver has resistance at Rs 68200 and support at Rs 66800, said Nirpendra Yadav, Senior Research Analyst at Swastika Investmart.
BUSINESS
Rate sensitive stocks trade mixed ahead of RBI policy meet outcome
A poll conducted by Reuters found that there will be an expected slowdown of 6 percent in India's economic growth during 2023-24 from an expected 6.7 percent.
BUSINESS
Bharti Airtel gets 'buy' tag from global brokerages after 92% spike in Q3 profit
Its India average revenue per user (ARPU) per month was at Rs 193 during the quarter, the company said, rising 2 percent sequentially and 18 percent annually.
BUSINESS
Stock Market Today: Top 10 things to know before the market opens today
Stock Market News: Trends in the SGX Nifty indicate a positive opening for the broader index in India on the back of a rally in Wall Street and mixed trading in Asian peers and rising speculation over a 25-bps rate hike by the RBI later today
BUSINESS
Gold Prices Today: Precious metals to stay volatile as investors eye Jerome Powell's speech
The US dollar index has gained ground in anticipation of the hawkish tone in Powell's speech, which may continue putting pressure on bullion prices, said Nirpendra Yadav, Senior Research Analyst at Swastika Investmart.
