Nifty continues to remain in an uptrend in the medium term, so buying on dips continues to be our preferred strategy. By Rajesh Palviya On the weekly chart, the Nifty 50 index formed a long bullish candle forming higher High-low compared to previous week and closed above the previous week’s high indicating positive bias. The …
This week will mark the beginning of the earnings season for Dalal Street heavyweights with the IT behemoths gearing up to unveil their quarterly performance. Domestic equity markets have started the new year on a strong footing, gaining nearly 2% each. S&P BSE Sensex closed the last week at 59,744 while NSE Nifty 50 settled …
Reliance Industries, TCS, Avenue Supermarts, Tata Steel among stocks in focus Read More »
In 2017 and 2018 too, TCS had done a similar share buyback, making this one the fourth buyback by the company. Tata Consultancy Services (TCS) on Friday said its board will consider a buyback proposal on January 12. However, it did not disclose any other details of the proposal. The company’s board is scheduled to …
Cashing in: TCS to consider share buyback on January 12 Read More »
The improving market breadth supported by multi sector participation makes us believe that the Nifty 50 index would extend ongoing up move towards 17600 levels in coming weeks By Dharmesh Shah Equity benchmarks concluded the CY21 on buoyant note tracking positive global cues. The Nifty 50 index ended the week at 17354, up 2%. The …
The markets, in general, are unlikely to witness any linear up move in the manner that was witnessed during the period after March 2020 until the last quarter of 2021. By Milan Vaishnav, CMT, MSTA As the calendar year 2021 drew to a close, it left some important footmarks in the history of the Indian …
Sensex is currently sitting at 57,897 while NSE Nifty 50 index is at 17,233. Sensex and Nifty continued to surge higher for the second day straight on Tuesday as bulls attempted to come back. With the end of the year close, Dalal Street seems to be getting back in the groove with reduced FII activity. …
Reliance Industries, Bharti Airtel, TCS, ITC, PVR, INOX among stocks in focus today Read More »
Notably, there have been a rising number of advertisements, featuring even film stars, promising easy and high returns on investments in cryptocurrencies in recent times. (Photo source: Reuters) The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax net, with some changes that could form part of the Budget …
Government to change tax laws in Budget to tax cryptocurrency gains Read More »
