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Fuel price in India: The Karnataka state government hiked the sales tax on petrol from 25.92 per cent to 29.84 per cent, while the tax on diesel rose from 14.3 per cent to 18.4 per cent Continue Reading »
On valuation terms, infra stocks are in a better position compared to capital goods, as indicated above. While capital goods are currently trading at an all-time high, one-year forward 40x P/E. However, such premium valuations are bound to stay due to an optimistic outlook. Continue Reading »
Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities, recommends buying these three shares on June 18 - Piramal Pharma, Nykaa and Container Corporation of India. Continue Reading »
Ahead of listing, the shares of ixigo IPO are trading at a premium of ₹29 in the grey market premium (GMP), as per investorgain.com. This indicates that Ixigo's equity shares are trading ₹29 higher than their issue price of ₹93 per share in the grey market. Continue Reading »
For day trading stocks, Ganesh Dongre, Senior Manager — Technical Research at Anand Rathi recommends three shares to buy today — Birla Corporation Ltd, HCL Tech and GMM Pfaudler Ltd. Continue Reading »
During the period, the BSE benchmark Sensex rose by 299.41 points or 0.39 per cent, reaching an all-time high of 77,145.46 on June 13.v Continue Reading »