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Bill Gates praised Indian IT engineers working at Microsoft for their solid skills and said that CEO Satya Nadella sits on top of the pack for his ‘exceptional leadership’ Continue Reading »
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 »
FPIs significantly reduced their selling streak last week as the net outflows in June now stand at ₹3,064 crore in Indian equities till June 14. The total debt inflows stand at ₹5,703 crore so far this month. 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 »