SSE is likely to be a separate segment on existing stock exchanges. SEs eligible to participate in SSE, will be entities having social intent and social impact as their primary goals.
A Morgan Stanley research report expects the RBI to continue to keep rates on hold and retain its accommodative stance in the upcoming policy review.
Coal India has confirmed some strong breakouts on multi-year charts as well as on the multi-month timeframe.
Since the LIC Act has no provision for foreign investments, there is a need to align the proposed LIC IPO with Sebi norms regarding foreign investor participation.
“A 5-10% correction is possible anytime, 10% plus will make it a bit serious.I am not expecting that till the end of the year. â€
“There is little scope of significant outperformance in earnings in Q2 because a lot of the costs which were not there last year have come back into the system. People are advertising and business travel has started as well. â€
The market capitalisation (Mcap) of Tata Consultancy Services declined Rs 52,526.53 crore to reach Rs 13,79,487.23 crore.
The New Delhi-based company is also looking to sell its stake in NTPC-SAIL Power Co., a joint venture with Steel Authority of India Ltd. for supplying electricity to the steelmaker’s mills and townships.
This week, market participants will be keenly watching RBI monetary policy which is likely to provide momentum to Dalal street. Q2 earnings and India’s service PMI readings would also be keenly watched.
All three major U.S. stock indexes seesawed earlier in the session, but began trending higher by late afternoon, led by economically sensitive cyclicals.
Warning! Information Posting in this website is only for educational purpose. We are not responsible for losses incurred in Trading based on this information.