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Markets have normally topped out when the number of CNX 500 stocks trading above 200 DMA crosses 70%. Thus, we can see some corrections in the short-term. CNX 500 Stocks Trading Above 200 DMA.

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​I think one of the reasons for this is after 10-11 straight hikes in interest rates you continue to see jobs creation and it is somewhat puzzling but I think we have to all admit to one fact that the post-pandemic era has changed the calculations of job openings.

PharmEasy value crash may not hit Velumani’s stake

Updated at : 2023-07-07 08:25:01

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PharmEasy is faced with a steep cut in its valuation, with the new funding round pegging its shares at Rs 5 each compared to the Rs 50 per share that it secured in 2021. The huge fall in value has triggered questions about the fate of Velumani’s purchase of a 5% stake in the firm in 2021 when it was valued at $4 billion.

Sebi proposes FPIs trade some corporate bonds on RFQ

Updated at : 2023-07-07 08:25:01

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The move is aimed at increasing liquidity on the RFQ platform of stock exchanges and enhancing disclosures pertaining to investments in corporate bonds.

Apple’s m-cap bigger than most countries’ GDP

Updated at : 2023-07-07 08:25:01

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Apple stock’s gain accelerated after reporting higher-than-expected revenue and profit in March quarter

​So, I think that is the interesting part of what has happened over the last three-four days. So, when the dust settles down, I think the debate will shift to how big that part of the market can be in two-wheeler and whether that can be the new trigger for the companies to start growing because the core segment obviously is reasonably well penetrated and the growth is not as exciting as it is in some other parts of the auto market.

Adani Green plans to raise $1.5 billion via QIP

Updated at : 2023-07-07 08:25:01

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The funds will be used to expand green energy operations. QIPs allows listed companies to raise capital without depending on foreign capital resources.

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Titan registered a 20% year-on-year (YoY) revenue growth for the June quarter, with all the key consumer businesses witnessing double-digit growth in the quarter.

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When you look at the entire auto and auto ancillary pack one, as you correctly pointed out, that with input costs coming off there is that margin tailwind which is possibly known but as you start seeing that in terms of numbers that will start getting built in.

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​So, the expectation is that most of the companies will start either showing moderated kind of growth but there will be quality in terms of earnings. So when I say moderated growth, I must clarify that would be on the top line but the quality of earnings in terms of margin improvements, et cetera, are going to be decent.

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