What’s bad for the Indian rupee is good for these 10 stocks
The fall in the domestic unit was triggered by the strengthening of the greenback to new highs amid monetary tightening measures in the US.
Category: Business
RBI hikes repo rate by 50 bps to 5.9%; pegs GDP growth at 7% for FY23
NEW DELHI: The Reserve Bank of India (RBI) on Friday raised benchmark lending rates for the 4th straight time in a row, in a bid to tame the soaring inflation. … Read More
India heads for its third half-point hike as rupee slumps
NEW DELHI: The central bank is expected to increase its policy rate by half a point for the third time in a row as the currency’s plunge to a record … Read More
$189 million boost! Adani Enterprises to get seat in Nifty on Friday
NSE reshuffles its indices semi-annually based on multiple criteria and six-month data ending January and July. The latest rejig will have Adani Enterprises overthrowing Shree Cement from Nifty50 which houses … Read More
HC grants bail to Chitra Ramkrishna, Anand Subramanian in co-location case
NEW DELHI: The Delhi High Court on Wednesday granted bail to former National Stock Exchange (NSE) head Chitra Ramkrishna and ex group operating officer Anand Subramanian in the co-location scam … Read More
Up to 1,560% returns! These 130 stocks turned multibaggers in Sept quarter
According to the data available from Ace Equity, at least 130 stocks turned multibaggers during the July to September period and delivered up to 1,560% returns on a quarter-to-date basis … Read More
Adani says China will feel increasingly isolated
Billionaire Gautam Adani said China will feel increasingly isolated as rising nationalism, shifts in supply chains and technology curbs threaten the world’s second-biggest economy. China’s Belt and Road Initiative has … Read More
Malaise in market will last longer if investors behave like it’s the 70s: Aswath Damodaran
Damodaran said since 2008, it has become fashionable to attribute all movements in interest rates to Fed action or inaction, and as a consequence, we have lost sight of the … Read More
Should you book profits in Harsha Engineers or hold it for long run?
Harsha Engineers International is the largest manufacturer of precision bearing cages, in terms of revenue, in the organised sector in India, and amongst the leading manufacturers of precision bearing cages … Read More
Wall Street banks prep for grim China scenarios over Taiwan
NEW DELHI: Global financial firms, still smarting from multi-billion dollar losses in Russia, are now reassessing the risks of doing business in Greater China after an escalation of tensions over … Read More