πŸ“° Latest Economy & Stock Market News
Herd mentality to blame for falling market: Chakri Lokapriya
Updated at : 2021-10-26 10:20:01

Ò€œItÒ€ℒs a herd mentality kind of a thing. People are rushing to sell some of the higher relative valuations stocks. When somebody is selling, the others are following suit. But otherwise, the underlying revenue growth and earnings growth is intact.Ò€

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Buy Subros, target price Rs 410: HDFC Securities
Updated at : 2021-10-26 10:20:01

Subros Ltd. key Products/Revenue Segments include Air Conditioning Equipment And Accessories, Sale of services and Scrap for the year ending 31-Mar-2021.

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Stock with a PE of 100 can be cheap! Saurabh Mukherjea explains how
Updated at : 2021-10-26 10:20:01

Saurabh Mukherjea said buying a stock at any price does not mean buying at any value.

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Seek algorithmic accountability from Facebook: Experts to govt
Updated at : 2021-10-26 09:20:01

They are also seeking the government to urgently set up an independent commission which can deliberate on possible legislation around the structure of social media and its regulation.

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HDFC AMC Q2 PAT up 2% to Rs 344 crore
Updated at : 2021-10-26 09:20:01

HDFC Asset Management Company (AMC) on Monday reported a nearly 2 per cent growth in profit after tax (PAT) to Rs 344.38 crore for the three months to September 2021. In comparison, the firm had posted a PAT of Rs 338.06 crore in the same quarter of the preceding fiscal, the asset management company said in a regulatory filing to the stock exchanges.

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Buy Mahindra CIE Automotive, target price Rs 305: ICICI Direct
Updated at : 2021-10-26 09:20:01

Mahindra CIE Automotive Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 10619.11 Crore) operating in Auto Ancillaries sector.

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India to kick start GDAM, Escerts trade from Tuesday
Updated at : 2021-10-26 08:20:01

The launch of the green day-ahead market will deepen the green market and will provide competitive price signals, besides offering an opportunity to the market participants to trade in green energy, in the most transparent, flexible, competitive, and efficient manner, power and renewable energy minister R K Singh said on Monday.

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Celebs endorsing crypto firms must check claims or face action: ASCI head
Updated at : 2021-10-26 08:20:01

Crypto platforms flush with risk capital have been roping in top celebrities like Ranveer Singh and Ayushmann Khurrana to advertise crypto trading in India. There are currently around 15-20 million crypto investors in the country.

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Jindal India, Shirdi Sai, RIL arm & Adani lowest bidders for solar PLI scheme
Updated at : 2021-10-26 08:20:01

Ò€œOur country has plenty of natural resources and is also endowed with vast solar energy potential. It is time we bring together these natural resources combined with the human resources and to take our country to new heights in power generation. More energy translates to more growth in economy,Ò€ Shirdi Sai Electricals chief executive officer Sharat Chandra said.

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Mindtree says it will continue to mine its top client accounts
Updated at : 2021-10-26 08:20:01

CEO Debashis Chatterjee said there is still huge potential to grow the top accounts further.

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