Experts expect downside trend in Nifty, Bank Nifty on rising Covid concern

Stock Market Today: On account of massive rise in fresh Covid cases on Wednesday, the Indian stock market is expected to witness sharp downside trends when the market opens today after a one day gap of Ramnavmi holiday. Speaking on how stock market will behave in opening bell today Nagaraj Shetti, Technical Research Analyst at […]

Experts give ‘buy’ tag to this pharma stock of Rakesh Jhunjhunwala portfolio

Rakesh Jhunjhunwala Portfolio Shares: As stock market is expected to remain highly volatile due to the Covid-19 second wave fears, experts are advising traders and investors to focus on stock specific trade. The ‘Warren Buffett’ of India’ holds 7,245,605 Lupin shares which is around 1.6 per cent of the net Lupin stocks available in the […]

Citibank’s exit from retail biz offers India’s lenders an attractive portfolio

Citibank’s India consumer retail business is up for grabs as the global lender has announced it will exit its consumer business in 13 countries. For the US-based bank that entered India in 1902, the Indian consumer banking business wasn’t contributing much to its overall profit. “Some smaller private banks might be interested buyers of India […]

Stocks to Watch: Tata Steel, Vedanta, Adani, Mahindra Logistics, Axis Bank

Tata Steel: The company touched ₹1 trillion in market capitalisation on Tuesday, with the stock hitting a record high of ₹882.30 in early deals, pushing the market cap to ₹1.05 trillion. Adani Group: The group has become India’s third conglomerate to cross over $100 billion market capitalisation for the first time with its shares soaring […]