[ad_1] New Delhi: nifty 50 Selling pressure was seen as soon as it touched the 16,000 mark on Tuesday. The index destroyed all intraday gains and eventually showed weakness at higher highs, with a long upper wick, to form a bearish candle on the daily chart. Analysts said the continued strength for the index is […]
Adani Group Stock: Chart Check: Why this Adani Group stock may touch new 52-week high in next 6 months
[ad_1] Adani Enterprises, part of Adani Group of CompaniesGained a little over 50 percent over the past year and the chart pattern indicates that the uptrend is likely to continue. The stock hit a 52-week high of Rs 2420 on 27 April 2022, but then the trend turned sideways. The recent price action pushed the […]
ITC Share Price: Stock Radar: No longer a meme stock? ITC may hit new 52-week high in 1-2 months
[ad_1] ITC, a share of the S&P BSE Sensex index, has risen nearly 35 per cent in the past one year, while the benchmark index has gained over one per cent in the same period. For more than 2 decades, ITC has been in correction from price-wise to time-wise and from there it got the […]
High prices, low revenue? , tax policy center
[ad_1] Inflation is being driven down by sales tax revenue. TPC Report That 26 states collected less sales tax revenue in April than the same period last year, while 16 other states reported slower revenue growth than in 2021. Lucy Dadyan warns Regarding the financial future: “If wages aren’t keeping up with inflation, we’ll see […]
Credit card growth, record high credit consumption signals a pick-up
[ad_1] Credit Card Additions and Expenses Climb Fastest May In recent quarters, underscoring the fading effect of Covid-induced disruptions on consumption habits, a growing number of urban Indians have taken long holidays and bought high-ticket discretionary items after being nearly padlocked for two consecutive summers. The banking industry added 1.7 million cards in May, the […]
Birlasoft Share Price: Check Chart: 40% Down From High! The patterns in this Ashish Dhawan pick may indicate a reversal
[ad_1] Birlasoft, part of the ITES sector, has fallen more than 40 percent from January 2022 highs, effectively putting the stock in a bear market, but a reversal could be in the offing, the chart pattern suggests. Is. Shares with a market capitalization of over Rs 9,700 crore hit a 52-week high of Rs 585 […]
GNFC Shares: Stock Radar: Down 30% From High! This Commodity Chem Stock Could Bounce Back from its 5-Year Support
[ad_1] Gujarat Narmada Valley Fertilizers & Chemicals Ltd., part of the S&P BSE 500 index, has fallen over 30 per cent in more than two months, but the stock may see a bounce back from its five-year support to around Rs 540 levels. Is. Recommend experts. The commodity chemical company has fallen significantly from the […]
Markets: Market outlook uncertain, stocks with high dividend yields seen as best bets
[ad_1] Mumbai: Analysts Are recommending stocks of companies with high Dividend Returns amid recent equity sell-off Market, shares such as , Corp, Power Finance Corp, and is currently trading at a dividend yield of between 10% and 20%. “Our analysis indicates that high dividend yielding companies, especially in the oil and gas, power and energy […]
Stock Radar: Stock Radar: Down more than 30% from November’s high! This cement stock is a buy contrast at current levels
[ad_1] UltraTech Cement, a share of the S&P BSE Sensex index, has fallen over 35 per cent from its November 2021 highs, putting the stock effectively in a bear grip, but technical indicators suggest the possibility of a technical bounce in the short term . The cement major hit a 52-week high of Rs 8267 […]
Cement companies: High cost and low demand may reduce margins of cement companies
[ad_1] In the past six months, the Nifty 50 index has fallen close to 9%, while the ET Cement index – which includes all major listed entities – has fallen close to 24%. essence By some estimates, pet coke and Indonesian coal prices have risen 55 to 80 percent in the past five months. Domestic […]