πŸ“° Latest Economy & Stock Market News
Commodity strategies: Gold, silver
Updated at : 2021-08-30 14:20:01

Only a close above Rs 47,750 would bring fresh buying interest in gold futures.

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Maruti Suzuki to raise prices in September
Updated at : 2021-08-30 13:20:02

Maruti Suzuki had increased prices in April and January. On April 16, it announced a 1.6% weighted average increase in ex-showroom prices (Delhi) across models. On January 18, the automaker had hiked prices of some models by up to Rs 34,000.

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Voltas shares rise 0.69% as Sensex climbs
Updated at : 2021-08-30 13:20:02

A total of 13,370 shares changed hands on the counter till 12:36PM (IST)

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Axis Bank begins issuing securities under Rs 35,000 crore-debt raise plan
Updated at : 2021-08-30 13:20:02

In April, the private sector lender had said that its board had approved capital raise proposal up to Rs 35,000 crore by issuing various debt instruments in Indian or foreign currency in domestic/overseas markets in one or more tranches.

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Goldman Sachs believes Zomato shares could zoom 109% in blue-sky scenario
Updated at : 2021-08-30 13:20:02

Goldman Sachs believes Zomato can achieve profitability at an operating level by 2023-24 driven by larger scale, higher take rates and improving rider efficiency.

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Talks with Tesla sparks rally in 3 auto stocks
Updated at : 2021-08-30 12:20:01

Global brokerage Nomura is bullish on Sona BLW Precision Forgings, also known as Sona Comstar. The scrip is trading about 75 per cent higher than its issue price of Rs 291.

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Motilal Oswal sees 18% upside in freshly-debuted Clean Science
Updated at : 2021-08-30 12:20:01

Clean Science is a speciality chemical maker which uses novel methods of producing its products.

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Telecom tariff hikes are imminent: Nitin Soni, Fitch Ratings
Updated at : 2021-08-30 12:20:01

Ò€œBharti is in a very good position to take over some of the market share from Vodafone-Idea and it also reflects a strong growth potential and confidence of the promoter group to put in additional equity in the business.Ò€

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Buy HDFC Bank, target price Rs 1859: Angel Broking
Updated at : 2021-08-30 12:20:01

HDFC Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 862306.35 Crore).

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When to buy a stock? Timing irrelevant for compounders, says Saurabh Mukherjea
Updated at : 2021-08-30 12:20:01

For investors looking to compound their wealth over the long term, Mukherjea says the low-risk route is to depend on consistent compounders, where earnings and cash flows grow at a steady and consistent pace. Such companies come with clean accounts, prudent capital allocation and strong competitive advantages.

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