From a technical standpoint, the prevailing chart structure of both sectors - banking and IT - suggests that they are well-positioned to continue providing support to the frontline indices, making them the likely drivers of any near-term rally, Sudeep Shah said.
The probability of a 15–20 percent rally exists, but it is not a default. The more dependable strategy is to focus on breadth of earnings, balance-sheet strength, and valuation discipline rather than targeting a specific index number, said Anirudh Garg.
With the upcoming holiday week likely to see thinner trading volumes, price action may be subdued.
While silver has taken the spotlight recently, the broader setup indicates that gold may be preparing for a catch-up phase, supported by both fundamentals and technical indicators.
The Aditya Birla flagship firm has received the order passed by the Joint Commissioner, Central Goods and Services Tax & Central Excise, Patna, on Friday.
Rekha Gupta said vehicle manufacturers have been instructed to ensure coordination as per demand, timely supply of vehicles and reasonable pricing
With the stake dilution of 2.17 per cent following the OFS closure on December 18, the government holding in IOB came down to 92.44 per cent, the bank said in a regulatory filing on Saturday.
According to company information, the appointment comes at a time when the company is evaluating capital-raising options, including a potential initial public offering.
Zhang founded his own company in 2020 after spending 14 years at Nvidia. Chips based on the new architecture will be named Huashan and be positioned to compete with Nvidia’s Hopper and Blackwell products, he added.
The agency had filed a complaint against the company in October 2018 for alleged contravention of the Foreign Exchange Management Act (FEMA) to the tune of about Rs 26 crore.
The acquisition provides an opportunity to strengthen its existing operations, enhance revenue and profitability, while simultaneously advancing its planned investment, according to Fortis.
Practo’s holding company in Singapore is planning to shift its legal base back to India to facilitate its listing and the process is expected to be completed by February, the people said.
Retirement problems rarely appear overnight, they build quietly through small mistakes made years earlier.
The drive to attract foreign capital has gained urgency after US President Donald Trump slapped tariffs of 50% on Indian goods in August, one of the highest rates in the world.
In filing with the US regulator on Friday, Boeing asked for approval to make an additional 35 of its classic 777 freighter models starting in 2028 until a newer model is ready to enter the market.
When Tesla directors first authorized the payout, it was the biggest ever for a US executive. It’s since been eclipsed by a separate plan that could be worth an additional $1 trillion for the Tesla chief executive officer if he hits future performance targets.
A business credit card should simplify expenses, not quietly add to your stress.
Domestic Institutional Investors (DII) continued their buying in this week also as they bought equities worth Rs 12,061.92 crore.
On Wall Street the Dow Jones Industrial Average rose 183.04 points, or 0.38%, to 48,134.89, the S&P 500 rose 59.74 points, or 0.88%, to 6,834.50 and the Nasdaq Composite rose 301.26 points, or 1.31%, to 23,307.62.
Shubham Agarwal explains strategy to get benefit from range bound markets.
You checked your score, felt confident, applied for the card and still got rejected. If that left you confused, you are definitely not the only one.
A pet is not a one-time spend, it is a long-term monthly commitment with occasional big-ticket surprises.
The current reforms overdrive by the government signals 'a policy shift towards diversification, structural reforms, and attracting long-term capital'
AI is moving closer to the investor’s decision loop, promising faster analysis, personalised insights and conversational interfaces. At the same time, it raises unresolved questions around accountability, explainability and regulation.