ICICI Prudential Asset Management Company had previously announced a temporary discontinuation of subscriptions in ICICI Prudential Midcap Fund and ICICI Prudential Smallcap Fund in March 14, 2024
If the Nifty 50 reclaims and sustains above the 200 DEMA (25,162), an upmove toward the 25,300–25,450 zone is possible. On the downside, 24,900 could act as a support zone.
Markets have tumbled this week after Trump threatened tariffs up to 25 percent on several European countries -- including France, Germany, Britain and Denmark -- in response to their opposition to his plans to take Greenland.
A doji-like pattern formation and oversold RSI signal the possibility of a bounce-back, but the sustainability of the same remains key to watch. Below are some short-term trading ideas to consider.
Stocks to Watch, 22 Jan: Stocks like Dr Reddy's Laboratories, Eternal, Jindal Stainless, Bank of India, Bajaj Consumer Care, Waaree Energies, Anant Raj, PNB Housing Finance, Gravita India, KEI Industries, Lemon Tree Hotels, CESC, Shriram Finance, and Armour Security India will be in focus on January 22.
The formation of indecisive pattern increases the possibility of a trend reversal after the recent fall, though confirmation is needed in the following session. In fact, the overall trend remains in favour of bears, and the VIX reached a seven-month high.
Additionally, The Massachusetts Institute of Technology sold 1.17 crore shares (2.02 percent stake) of Restaurant Brands Asia at an average price of Rs 63.31 per share.
For the year so far, FIIs have been net sellers of shares worth Rs 21,702 crore, while DIIs have net bought shares worth Rs 30,140 crore.
Bound by a two-decade friendship and deep personal ties to Zomato — including Dhindsa’s wife Akriti Chopra being among its early co-founders — Deepinder Goyal's trust in Albinder Dhindsa has endured doubt, tension and testing to culminate in the group’s biggest leadership bet yet.
Dr Reddy's, one of India's top three drugmakers by revenue, has been boosting its India business with new product launches and collaborations across therapy areas.
Technical analysts said the Nifty could see further downside if it sustains below its 200-day exponential moving average (EMA).
While SEBI has capped MTF exposure at 50% of a broker’s net worth plus borrowings or up to five times net worth to prevent broker defaults, Kamath said these safeguards mainly protect the system from broker failures, not from widespread client defaults.
Market concentration is not inherently problematic. Economies of scale matter, and large players often drive efficiency gains. But there is a threshold beyond which concentration becomes a systemic risk rather than a competitive advantage
India’s aluminium tariff structure harms MSME manufacturers, raising input costs and reducing competitiveness. Reforming tariffs on primary aluminium is vital for boosting domestic value addition and export potential
Moneycontrol has reported in the past Goyal has been spending more time raising funds for his other ventures, such as Temple and also leading rounds in space tech company Pixxel and more.
The company's revenue from operations jumped 202 percent to Rs 16,315 crore in the third quarter of the current fiscal.
In today’s session, the Indian rupee touched a fresh all-time low of 91.74 per dollar before closing at 91.70, compared with its previous close of 90.97.
Tata Communications Q3 Results: Data revenue grew 9.3% YoY at Re 5359 crore from Rs 4,903 crore.
Analysts recommended a cautious approach as sharp market correction has raised questions over whether markets can stage a rebound ahead of the Budget on February 1.
Catch Lovisha Darad in conversation with Rakesh Vyas, CIO & Portfolio Manager, Quest Investment Advisors and Ashish Bahety, Technical and Derivative Research Analyst, ProfitMart Securities
Singhania said he has been investing aggressively over the past week
US stocks, Treasuries and the dollar fall as Trump threatens tariffs on Europe over Greenland, reviving the ‘Sell America’ trade and unsettling global markets.
Sushil Kedia, founder of Kedianomics, suggested that customers are moving past consumer staples to experiential consumption.
Tibrewal advised investors to avoid narrative-driven stocks that lack cash flow strength and balance sheet support, particularly those trading at excessive valuations.
In such uncertain phases, investors should avoid panic selling, except in illiquid, loss-making or very small microcap stocks, says a market analyst
