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“Among midcap cement companies, Birla Corp is the preferred pick. The company is focussed in the central region, which is not that impacted in terms of oversupply. We would like to go with an ICICI and SBI within the broader financials. NBFCs would take a lag and that is why the stocks could stay under pressure for some time.”

Sales of NFTs, or non-fungible tokens, soared to around $25 billion in 2021, leaving many baffled as to why so much money is being spent on items that do not physically exist and which anyone can view online for free.

The company’s existing shareholders, including founder TVS Mobility Pvt. and investors Gateway Partners and Tata Capital Financial Services Ltd., plan to sell as many as 59.48 million shares in the IPO, according to a draft prospectus.

Global shares dropped on Friday on rising worries over escalating Ukraine-Russia tensions and the prospect of a tightened interest rate hike timeline from the U.S. Federal Reserve in response to decades-high inflation.

The levels of 17,500 and 17,650 will potentially act as resistance points. The supports come in at 17,150 and 16,900 levels

During the peak of the pandemic, the RBI took the repo rate down to 4% and reverse repo rate to 3.35%. Since we have come a long way from the bottom levels on economic recovery, it makes lot of sense to go and normalise or at least exit the ultra-loose monetary policy which is the state of affairs, said Sahay

The state-run company reported a revenue of Rs 28,474 crore for the October-December quarter, a 67% jump from the year-ago period. Profit in the year-earlier quarter was Rs 1,258 crore. Net profit margin for the quarter rose to 31% from 7% a year earlier.

Ficklin says the best way to invest is to construct a portfolio of the highest-quality businesses that can deliver sustainable, above-average earnings growth over the long term

In the first few days of February, the Bank Nifty did exceptionally well for itself. Market had support from other sectors like auto and then metal stocks also did reasonably well for themselves, but somehow over the last couple of days with the volatility coming back, says Bothra

In a joint representation, eight industry associations including of fertiliser, paper, textile, aluminium and sponge iron have submitted that the persisting coal crisis is hurting power-intensive plants and small and medium enterprises by forcing them to operate at reduced capacities amid a looming risk of plant closures.