Latest posts
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Gold and silver price today, Sept 29: Check retail rates of 24K, 22K gold and 999 silver in Mumbai, Delhi, other cities
Gold and silver prices in India witnessed a sharp drop during early trading hours on Tuesday. Check retail rates of the precious metals in top metro cities of the country.
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15-year setback on cards? Nifty heading for worst annual performance since 2011
As 2023 unfolds, the Nifty index appears headed for its most disappointing year in a decade and a half. Key contributors to this downturn include high valuations and a flight of foreign investors. The IT sector continues to struggle amid geopolitical conflicts that have exacerbated oil prices and inflation fears. While local institutions lend some…
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Coforge shares in focus after appointing Akhil Kumar Gupta as chairman after OP Bhatt’s abrupt resignation
Coforge appoints former Bharti Enterprises vice-chairman Akhil Kumar Gupta as chairperson and independent director for five years, following boardroom turmoil triggered by O P Bhatt’s resignation. The IT services firm retains its FY27 guidance and long-term growth targets.
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Kirloskar Oil Engines among 3 stocks that closed crossing above VWAP
On September 28, three Nifty500 stocks closed over 1% above their VWAP, signaling potential bullish momentum. A close above VWAP indicates stronger prices than the volume-weighted daily average, reflecting positive market sentiment.
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Sun Pharma, Aurobindo Pharma, other stocks in focus as Trump exempts India from 100% tariffs on some speciality drugs
Indian pharma stocks, including Sun Pharma and Aurobindo Pharma, are in focus after the US exempted India and 19 other countries from 100% tariffs on certain patented specialty pharmaceuticals and ingredients. Eligible products include rare-disease drugs, gene and cell therapies, and infertility treatments. Generic medicines remain outside the Section 232 tariffs.
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5 Stocks to Buy Now for an Upside of Up to 54%; Recommended by Citi
Citi has highlighted five stocks, including Dalmia Bharat, Divi’s Laboratories and other companies, with potential upside of up to 54% based on its latest target prices. The brokerage’s recommendations cover sectors with different growth drivers. The stock picks reflect Citi’s views on earnings growth, business expansion, sectoral demand, and company-specific catalysts. In this article, we…
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₹1.25 crore received under power of attorney: When can taxman treat property money in your account as taxable income?
A recent ITAT ruling has clarified that money received by a taxpayer while acting as a power-of-attorney holder does not automatically become his taxable income. The tribunal deleted a ₹1.25 crore addition after finding that the taxpayer had received the amount on behalf of three property owners.
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BSE set to enter Nifty 50 from tomorrow, IT major Wipro to exit. What shareholders must know?
BSE has been included in the Nifty 50 after its six-month average free-float market capitalisation came in at Rs 1,40,879 crore. This is at least 1.5 times the six-month average free-float market capitalisation of the smallest constituent in the eligible universe, Wipro, whose average free-float market capitalisation stood at Rs 55,930 crore, according to the…
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Sensex Today | Nifty 50 | Stock Market Live Updates: GIFT Nifty signals a muted start; Asian shares trade mixed
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Goldman Sachs sees Eternal achieving $1 billion EBITDA by FY29; raises target price
Goldman Sachs maintained a Buy rating on Eternal, formerly Zomato, raising its target price by 11% to Rs 385. The brokerage foresees Eternal hitting $1 billion EBITDA by FY29, driven by Blinkit’s robust growth and steady-state margin expansion alongside stabilising competitive intensity in quick commerce.