Category: Uncategorized

The market seems to have entered into consolidation mode with hurdle on the higher side at 21,593, the record high, and the support for the Nifty 50 on the lower side at 21,200-21,000 levels.

According to Goyal, the government should continue to focus on building physical and human capital in the 2024-25 interim budget as the level of private investment in these areas is “less than optimal”.

The market seems to have entered into consolidation mode with hurdle on the higher side at 21,593, the record high, and the support for the Nifty 50 on the lower side at 21,200-21,000 levels.

The recent IMF India country report on India notes that the current broadly neutral monetary policy is appropriate, based on the estimates of natural real interest rate of 1%. Based on that estimate and average inflation estimate of 5% in the next fiscal, Repo rate can be at 6% under a neutral stance – implying… Continue reading Room for limited monetary easing will open up in 2024 on December 26, 2023 at 3:21 am

Infosys had announced that it was signing the MoU in September 2023.

Bloomberg reported that the firm is planning to raise $2 billion by next year. The firm is exploring various instruments including private placement of debt, offshore bank loans as well as dollar and rupee bonds

The recent IMF India country report on India notes that the current broadly neutral monetary policy is appropriate, based on the estimates of natural real interest rate of 1%. Based on that estimate and average inflation estimate of 5% in the next fiscal, Repo rate can be at 6% under a neutral stance – implying… Continue reading Room for limited monetary easing will open up in 2024 on December 26, 2023 at 3:21 am

Cummins India continued uptrend for second consecutive session. The stock has formed healthy bullish candlestick pattern on the daily scale with above average volumes and traded above all key moving averages.

Stocks to watch: Check out the companies making headlines before the opening bell today, on December 26, 2023.

One should keep an eye on midcaps from the Cement, Engineering / Capital Goods, Infra, Railways, Defence, Renewable and IT space, says Sudeep Shah.