According to Geojit, India's non-basmati rice exports plunged 29% on year to $3.68 bln in Apr-Jan, accounting for over 18% of the total exports of agricultural products, according to data collated by the Agricultural and Processed Food Products Export Development Authority.
In February, egg prices surged 10.69 percent year on year, marking the highest increase since February 2023. In January, prices had risen 5.6 percent YOY.
Indian equity market are likely to trade under pressure despite the solid rebouce seen in trade on March 14. Gifty Nifty indicating a gap down start for india equity markets. Mutual Funds will declare stress test results putting Mid & small cap stocks in focus. As for the handover.Wall Street ended down after PPI data made investors nervous and as chipmakers Nvidia stock fell. All eeyes will be on the Fed FOMC next week. Across in Asia too markets are trading lower.Among the stocks to watch out for, Paytm, Ashok Leyland, Tata Consumer, Crompton Greaves, RailTel will be in news. Moneycontrol's Stacy Pereira discusses all this and more with Brijesh Ail,Head Technical & Derivatives, Retail Research at IDBI Capital Markets and Securities Limited & Deven Choksey, Managing Director, DRChoksey FinServ
Krystal Integrated Services IPO is a book built issue of Rs 300.13 crores. The issue is a combination of fresh issue of 0.24 crore shares aggregating to Rs 175.00 crores and offer for sale of 0.18 crore shares aggregating to Rs 125.13 crores. Catch Nickey Mirchandani live on Moneycontrol to know more.
With the nervousness across large-, mid- and small-caps, the bears are expected to keep control over Dalal Street in the coming sessions too. If the Nifty 50 decisively breaks the 21,860 level (the key level for the continuation of higher highs and higher lows formation), then 21,700-21,500 can be the levels to watch going ahead, but if the index manages to rebound, it may face a hurdle at 22,200-22,300 on the higher side, experts said. On March 13, the bloodbath in broader markets on overvaluation concerns raised by the market regulator dented sentiment. The Sensex plunged 906 points to 72,762, while the Nifty 50 fell 338 points or 1.51 percent (the biggest single-day correction since January 23) to 21,998. The broader markets saw major selling pressure with the Nifty Midcap 100 index falling 4.4 percent and Smallcap 100 declining 5.3 percent. About 23 shares declined for every rising share on the NSE. What is making the market nervous and how should you navigate the selloff? RIL, ITC and Tata Motors are among the stocks to watch out for today. Meanwhile, Gopal Snacks is likely to see a muted debut amid the broader market selloff. Catch Nandita Khemka in conversation with Chandan Taparia, Senior VP, Head - Derivatives & Technical Research, Motilal Oswal, Sandeep Raina, Exec VP - Research, Nuvama Professional Clients Group and market expert Anshul Saigal
British American Tobacco (BAT) has sold a 3.5% stake in ITC in a Rs 17,491-crore block deal. BAT, the largest ITC shareholder, sold around 43.7 crore shares, at an average price of Rs 400, which was at a 0.01 percent discount to the previous session’s closing price of Rs 404.45. The share sale has cut the holding of BAT to about 25.5 percent from about 29 percent. BAT will have to wait for 180 days before paring its stake further. Is this an opportunity to buy ITC and what's the outlook on the stock going forward? Catch this conversation between Moneycontrol's Nandita Khemka and Kaustubh Pawaskar, Deputy VP - Fundamental Research, Sharekhan by BNP Paribas to know more.
The code prohibits pharma companies from organising overseas workshops for healthcare professionals or providing them with accommodations, extravagant meals, or financial incentives
Volatility is the name of the game. Digesting the positive CPI data in the US and India, investors look for the next big trigger to swing direction of the markets. Broader markets underperformed frontline indices and is likely to see more pressure going ahead. Among stocks in focus will be ITC, Vedanta and ICICI Prudential among others. Moneycontrol's Stacy Pereira discusses all this and more with Rajesh Palviya, Senior Vice President Research (Head Technical & Derivatives ) at Axis Securities Limited and Andrew Holland, CEO, Avendus Capital Public Markets Alternate Strategies LLP on Opening Bell
Popular vehicles & services IPO will open for subscription on March 12. price band for the issue has been fixed at Rs 280-295/share. It is a mix of fresh issue and an offer for sale. Nickey Mirchandani speaks with the management.
The drug can be used to treat bacterial diseases such as pneumonia, urinary tract infections, intra-abdominal infections, gynaecological infections, skin infections, meningitis, and sepsis
Indian equity market is most likely to continue its northward journey in the coming sessions. The GIFT Nifty indicate a negative start for the broader index in India, with a loss of 53 points or 0.23 percent.Traders could maintain stock-specific trading approach and prefer index majors and large midcaps for long trades. Globally, the S&P 500 and Nasdaq closed lower on Friday after touching record highs during the session, with high-flying chip stocks going into reverse and a mixed labor market report that showed more new jobs than expected. Among stocks in focus HDFC Bank, Vodafone Idea, Interglobe Aviation. Stacy Pereira Discusses all this and more with Prashant Sawant, Founder Catalyst Wealth and Aishvarya Dadheech, Founder & CIO, Fident Asset Manegement on Opening Bell
Beyond ethical considerations, the link between gender diversity and ESG scores carries significant financial implications. Companies with robust diversity policies are seen as less risky investments, granting them access to capital on favorable terms.
Earlier, durability was the key factor when choosing a piece of luggage. Now, aesthetics have started to matter more.
The report noted that despite the substantial expenditure on necessities, India tends to underconsume in various categories, partly due to the relatively small size of the consuming class.
The report attributed this subdued growth to several factors, including a worldwide economic slowdown, minimal influence from the forthcoming general elections, and enduring repercussions of unforeseen weather patterns on the agricultural industry.
Indian equity market almost moved closer to its immediate hurdle of 22,500 and also climbed back above the upward sloping resistance trendline on the Nifty 50, following rebound in last couple of hours of trade on March 6. This indicates the bulls retained upper hand over Dalal Street and are likely to lift Nifty towards 22,600-22,700, the immediate area of resistance, with support at 22,400-22,200 levels, experts said. On March 6, the benchmark indices ended at new closing high with the BSE Sensex rising 409 points to 74,086, while the Nifty 50 recovered 250 points from day's low and ended at 22,474, up 118 points. Also, the index defended 10-day EMA (exponential moving average placed at 22,270). The volatility dropped further with the India VIX falling 0.59% to 14.30, giving support to bulls. The VIX fell for sixth consecutive session. However, the broader markets remained under pressure, with the Nifty Midcap 100 index declining half a percent and Smallcap 100 down 2%. Lots of stocks in focus this morning including M&M, NLC India and RBL Bank. Meanwhile Mukka Proteins is set for a healthy D-Street debut. In our Women’s Day Special, catch Nandita Khemka decode the cues for trade with Shilpa Rout, Lead Derivatives Analyst, Prabhudas Lilladher and Sanchita Mukherji, Senior Finance Professional and MF distributor
In September 2023, the US-based private equity firm Advent acquired a controlling stake in Suven, expressing the intent to create a billion-dollar platform in the CDMO space.
Market snaps 4-day winning streak .Nifty tests 22,300 but recovers from day’s low Broader markets underperform; smallcaps down over a percent .Market breadth in favour of losers .Nifty Bank stages smart rebound from day’s low . Catch Nandita Khemka as she discusses stocks on her radar including Tata Motors & HDFC Life
Nifty notched a record close for a third straight session. Technically, the overall sentiment remains in favour of bulls with the possibility of consolidation in the coming sessions. Experts say the Nifty 50 may face hurdle at 22,500 on the higher side, followed by 22,600 level, with support at 22,200 level. On March 4, the benchmark indices continued an uptrend for the fourth consecutive session and ended at a record closing high with the BSE Sensex rising 66 points to 73,872, while the Nifty 50 climbed 27 points to 22,406 amid consolidation. This morning global cues are a bit subdued with negative cues from both Asian markets and US indices. Tata Motors will be in focus as the automaker will split its passenger vehicles and commercial vehicles business into 2 separate listed entities. Also in focus will be IIFL Finance as RBI bans the firm from giving gold loans with immediate effect. What’s the view on IT sector post CLSA downgrade? Catch Nandita Khemka decode the cues and investment strategy at record highs with Feroze Azeez, Deputy CEO, Anand Rathi Wealth and Sacchitanand Uttekar, VP-Research (Derivatives And Technicals), TradeBulls Securities.
A devastating fire in Dhaka, Bangladesh swept through a six-story building housing restaurants, where numerous families with children were having meals, resulting in the deaths of at least 46 individuals and leaving many others injured, as stated by the health minister on February 29th. Watch to find out what exactly led to the fire.
Blowout Q3 GDP data sparks a sharp rally this Friday. Nifty hits new life high of 22,312 in intra-day trade. Mid & smallcaps buoyant but underperforming benchmarks. Breadth strong; NSE advance-decline ratio at 2:1. Catch Nandita Khemka as she discusses stocks on her radar including metals, banks, Hindalco among others
Indian equity market is expected to open higher on the back of blowout GDP data for the third quarter. However, analysts believe market will remain rangebound as long as it trades below 22,200 as closing decisively above the same can raise some hope for another leg of northward journey in the Nifty 50 in coming sessions. On the lower side, the 21,950 level (which coincides with 21-day EMA -exponential moving average) is expected to act as an immediate support for the index, followed by 21,850 which coincides with upward sloping support trendline, they added. The index defended both these supports on closing basis, which is a positive sign. On February 29, the benchmark indices remained volatile and gained strength in late trade. The BSE Sensex climbed 195 points to 72,500, while the Nifty 50 was down 32 points to close at 21,983 on the expiry day for February futures & options contracts. This morning global cues are positive and the GIFT Nifty is signalling a higher start for the Indian market. Watch out for auto stocks as February sales figures are due today. Catch Nandita Khemka as she decodes the GDP fineprint with Mayank Jha, Senior Economist, HDFC Bank and takes stock of the market cues with Gaurang Shah, Senior Vice President, Geojit Financial Services and Raja Venkatraman, Co-Founder NeoTrader.
According to a report by TeamLease Services, in the country’s Fast-Moving Consumer Goods (FMCG) sector there is a significant gender disparity in the FMCG workforce, with males comprising over 90 percent of the outsourced workforce.
Various drugs manufactured by listed players like Sun Pharmaceuticals, Alkem Laboratories, Cipla Ltd, Mankind Pharma, Lupin Ltda and Torrent Pharma are included in the list.
The Indian equity market fell sharply ahead of expiry of the February derivative contracts, but the higher highs, higher lows formation is intact on the daily charts. Hence, present weakness could be in line with new higher bottom of the pattern, experts said, adding the index may take support at 21,800-21,700 levels in the coming sessions, with hurdle on the higher side at 21,200-22,200 levels. On February 28, the BSE Sensex dropped 790 points or 1.08 percent to 72,306, while the Nifty 50 was down 247 points or 1.1 percent at 21,951. The volatility jumped over 16 mark, which increased the pressure on bulls. The India VIX jumped 3.83 percent to 16.33, from 15.73 levels. The mid and smallcap indices took a sharp knock after SEBI asks Mutual Funds to moderate inflows into small and midcap schemes to protect investors from market froth. Would that lead to forced selling? Kunal Valia of Statlane explains the possible impact of SEBI advisory. Also catch Nandita Khemka decode the market cues with Chandan Taparia ,Senior Vice President, Head - Derivatives & Technical Research , Motilal Oswal and Dhiraj Agarwal, MD, Ambit Investment Managers