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Starlink Awaits Indian Approval for Satellite Broadband Services: Competition Heats Up
Elon Musk's Starlink, a satellite internet company, seeks approval for its India operations. Competition heats up in the GMPCS services sector.
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Nifty Bank Analysis for Tuesday Intraday Trade Setup – 12/09/2023
Read our comprehensive analysis of Bank Nifty for Tuesday's intraday trade setup on 12/09/2023. Learn about the technical factors, support and resistance levels, and trading strategies to make informed decisions.
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Nifty Reaches 20,000 Mark Amidst G20 Optimism and Strong Fundamentals
Nifty 50 has finally breached the 20,000 milestone, driven by optimism stemming from India's role at the G20 summit.
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Railway Stocks Rally Up to 15% After G20 Summit Announcement
Railway stocks rally up to 15% after G20 summit announcement. Government order book and modernization programs boost rail stocks.
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Technical Analysis
Bank Nifty and Option Chain Analysis for 17th March 2023
Read about the latest news on Bank Nifty, which closed higher amidst high volatility. Discover key insights on candlestick patterns, support and resistance levels, and option chain analysis, along with a detailed trade setup and trend line analysis.
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News
Indian Equity Indices Close in the Red for Fourth Consecutive Day on Continued Investor Fears and Nervousness Ahead of US Inflation Data
Read about the fourth consecutive day of decline for Indian equity indices due to investor fears over the SVB collapse and nervousness ahead of US inflation data, along with updates on global markets, oil prices, and the rupee.
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News
Infosys shares hit 5-month low after president’s resignation
Shares of Infosys, an Indian IT bellwether, hit a five-month low after the resignation of its president, Mohit Joshi. ICICI Securities notes potential vulnerabilities in the near term.
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News
YES Bank shares plunge 13% as lock-in period ends under RBI reconstruction scheme
YES Bank's stock price plummeted 13% as the lock-in period under RBI's Reconstruction Scheme 2020 ended, resulting in the release of shares. SBI's stake in the bank reduced to around 26%. Despite gradual improvements in asset quality, the bank faces risks, including AT-1 bonds write-down, according to analysts.
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News
Tata Technologies Files Draft Prospectus for IPO to Raise Funds
Tata Technologies, a unit of Tata Motors, has filed a draft prospectus for an IPO. The issue is an OFS by promoters and selling shareholders. Read more.
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News
ICICI Securities Maintains “Add” Rating on Titan Despite Competitive Pressure and Gold Price Premium Reduction
This article discusses ICICI Securities' decision to maintain its "Add" rating on Titan, despite increased competitive pressure and a reduction in gold price premium. The article also covers the brokerage's target price, estimates, and expectations for the near future.
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