Hedge funds are playing a dangerous game on Japan and China on January 25, 2024 at 6:15 am

This year, everyone loves Japan and hates China. But don’t construct a long-short trade either way. Macro funds work well when there are clear trends, such as the unstoppable dollar rally in 2022. As the Bank of Japan and President Xi Jinping keep markets in the dark, one can be caught out by either side

Hedge funds are playing a dangerous game on Japan and China on January 25, 2024 at 6:15 am

This year, everyone loves Japan and hates China. But don’t construct a long-short trade either way. Macro funds work well when there are clear trends, such as the unstoppable dollar rally in 2022. As the Bank of Japan and President Xi Jinping keep markets in the dark, one can be caught out by either side

Sula Vineyards rebounds from support zone, signals upside on January 25, 2024 at 6:19 am

Sudeep Shah of SBI Securities recommend accumulating the stock in the Rs 666-660 zone with the stop loss of Rs 635

Dr Reddy’s Laboratories on the verge of breakout, sees strong short-covering on January 25, 2024 at 6:55 am

Significant short covering is observed in Dr Reddy#39;s scrip, with a 4.28 percent surge in the January series future. There is also a notable 3.33 percent decline in cumulative Open Interest (OI) across the current, next, and far series. Call open interest is concentrated at the 6000 and 6100 strikes, while put open interest is… Continue reading Dr Reddy’s Laboratories on the verge of breakout, sees strong short-covering on January 25, 2024 at 6:55 am

SAP#39;s AI implementation to impact 8,000 jobs globally on January 25, 2024 at 7:19 am

Implementation of business AI technology and a volatile global macroeconomic landscape are the reasons SAP gave for the impact on its workforce

Titagarh Rail Systems inks deal with Amber group to enter railway component, subsystem biz on January 25, 2024 at 6:30 am

Under the pact, TRSL and Amber group, via its wholly owned subsidiary Sidwal Refrigeration Industries Pvt Ltd, will invest up to Rs 120 crore each to acquire equal control in the SPV for setting up the new railway component business as well as fresh equity investment in Firema, Italy.

Microsoft adds two more Indian languages to Microsoft Translator on January 25, 2024 at 6:52 am

With the latest move, Microsoft Translator now supports a total of 20 official Indian languages.

Laurus Labs plunges on yet another bad quarter, management commentary #39;unsurprising#39; on January 25, 2024 at 4:44 am

For the December quarter, Laurus Labs reported a 88.5 percent year-on-year decline in profit at Rs 23.34 crore, with a 67 percent fall in CDMO-synthesis business

TVS slips 3% after brokerages turn cautious after Q3 on January 25, 2024 at 5:08 am

In Q3FY24, the sale of three-wheelers fell to 38,000 units from 43,000 units in the year-ago period

Coforge does not expect demand to change soon, says CEO Sudhir Singh on January 25, 2024 at 5:12 am

The company plans to continue to hire employees to support growth