The upward trend of Nifty is expected to persist in the near term, but the index may encounter resistance around 21,800-21,850 levels. Technical analysts suggest that a definitive move above 21,850-21,900 is necessary to unlock the next upside target of 22,200. Analysts recommend stocks like Axis Bank, Canara Bank, Divi’s Labs, Cipla, Coforge, Infosys, ITC, … Read more
Mumbai: The Financial Intelligence Unit’s decision to issue compliance show-cause notices to nine foreign virtual digital asset service providers along with a request to the IT ministry to block their URLs for not adhering to regulatory norms is expected to level the playing field, Indian crypto exchanges have said. The move may lead to a … Read more
Shares of Supreme Power Equipment listed with a premium of 50.8% on the NSE SME platform on Friday. The stock was listed at Rs 98 on NSE. Ahead of the listing, the company’s shares were trading with a premium of Rs 31 in the unlisted market. The IPO was priced in the range of Rs … Read more
The shares of Azad Engineering will debut on the exchanges today. Ahead of the listing, the company’s shares are trading with a premium of Rs 172 in the unlisted market. The company’s shares are likely to list with a premium of 33%. The issue was priced in the range of Rs 499-524. The IPO of … Read more
Mumbai: With the broad indices trading at new lifetime highs, wealth managers are seeing enquiries from investors on how they should approach the markets. And most out there give the same advice: stick to long-term goals and maintain asset allocation – which means diversifying portfolios across different assets such as equity, fixed income, and gold. … Read more
