For a country that once launched a revolution over the price of tea, America gets remarkably sentimental about the cost of turkey. Every November, economists, politicians and supermarket executives gather around a metaphorical table to debate the national poultry index, as if the fate of the republic depends on whether a 16-pound bird costs twenty…
A Rs 4.23 lakh crore surge in investor wealth in a single session pushed the Sensex and Nifty to within touching distance of their record highs on Wednesday. The Nifty 50 climbed past the 26,150 mark with gains of over 300 points, while the Sensex jumped more than 950 points to an intraday high of…
Top stocks to buy (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, the top stocks to buy today are Swiggy, and Bajaj Auto. He recommends Vedanta as a ‘sell’ call: Swiggy – Bullish Engulfing + RSI Bullish Divergence Buy near: ₹406–₹400; Stop Loss: ₹377;…
New Delhi: Chief executives of public sector banks have asked to personally monitor top 20 cases pending for admission and top 10 accounts pending for resolution at the NCLT. This was conveyed during a review meeting undertaken by the secretary, department of financial services (DFS), M Nagaraju. The meeting was attended by senior officials of…
File photo (Picture credit: AP) Asian markets climbed on Wednesday as softer US data strengthened expectations that the Federal Reserve will cut interest rates next month, while crude prices steadied after touching one-month lows.Asia followed Wall Street’s upbeat momentum after a run of weaker-than-expected US figures boosted confidence in a December rate cut. According to…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, rallied strongly in trade on Wednesday. While Nifty50 was near 26,100, BSE Sensex was up 650 points. At 10:45 AM, Nifty50 was trading at 26,098.60, up 214 points or 0.83%. BSE Sensex was at 85,237.65, up 651 points…
MUMBAI: Indian Continent Investment, a promoter group entity of telecom services major Bharti Airtel, is eying to mobilise about Rs 7,200 crore (about $806 million) by selling about 3.4 crore shares, translating to nearly 0.6% of the company’s equity) through block trades on Wednesday. Goldman Sachs India is managing the offer, the term sheet for…
Jefferies initiated its coverage of LG Electronics India with a buy rating and a target price of Rs 1,900. Analysts said they view LG Electronics India as a strong play on the country’s discretionary spends, given its diversified mix. The company offers strong moats in the form of market leadership in multiple products, premium brand…
NEW DELHI: India and Israel will soon begin negotiations for a free trade agreement (FTA), commerce and industry minister Piyush Goyal said on Tuesday and asserted that quick estimates show that merchandise exports have grown in November. “We will shortly be commencing negotiations virtually to begin with and moving into an early stage early harvest…
NEW DELHI: Tata Motors fired fresh competition in SUV market with launch of Sierra at an aggressive entry price of Rs 11.5 lakh (ex-showroom), aiming to take on Hyundai Creta, Maruti’s Grand Vitara and Mahindra’s Thar and Scorpio-N.The Sierra is an iconic SUV nameplate of nineties that the company has revived almost after 25 years….
