Nifty continues its oscillation within the strangled trading range of 8720-8530 & a decisive breach outside the said range could unfold the directional bias. Until then expect volatility to have an upper hand as the range gets contracted.
BUY GAIL: The stock is moving after taking multiple supports and surpassed the immediate falling supply trend line. It gave the highest daily close of last seven trading sessions and witnessed a pause in the recent down fall.
Oil prices dipped in early trading on Friday after the Saudi energy minister tempered expectations of strong market intervention by producers during talks next month.
It’s not easy being Jai Anmol Ambani. The 24-year-old scion of the Ambani family has the unenviable job of filling into the big shoes of his father, leading industrialist Anil Ambani, and even bigger shoes of grandfather Dhirubhai Ambani.
Full-service carriers were encouraged by the government’s decision to allow in-flight internet access, while low-cost carriers remained non-committal, citing pricing concerns.
Ajay Piramal, chairman, Piramal and Shriram groups, and Venu Srinivasan, chairman, TVS Motor and Sundaram Clayton joined the board of Tata Sons Ltd, the holding company of the Tata group of companies, as non-executive directors effective Thursday.
The much-hyped Unified Payments Interface (UPI) went live for customers of many banks on Thursday. However, the country’s largest lender, State Bank of India, will join the UPI platform about a month later.
The Reserve Bank of India (RBI) on Thursday announced a comprehensive set of measures to change India’s lacklustre bond market and provide a push to the currency market as well, completing the agenda of Raghuram Rajan, the outgoing governor of the
Keep a stop at Rs 605 and go short.
Caution ahead of US Federal Reserve Chair Janet Yellen's speech at the annual gathering of central bankers in Jackson Hole, Wyoming, limited movements across global markets on Friday.
Chennai-based NLC India Ltd (formerly Neyveli Lignite Corporation Ltd), a navratna public sector undertaking (PSU), on Thursday unveiled its investment plans for Odisha.
The government is set to seek formal Cabinet approval for shutting down seven state-owned companies, with their respective line ministries apparently agreed.
Noida-headquartered HCL Technologies says it is carving out three ‘focus pillars’ of growth.
As global business software entity SAP completes 20 years in India, the country has come to assume a significant role in the multinational’s strategy.
Expectations of growth in the manufacturing sector improved marginally in July-September, fuelled by hopes of higher exports, according to a survey by Ficci.
Ride-hailing giant Uber Technologies Inc lost at least $1.27 billion before interest, taxes, depreciation and amortization in the first six months of 2016, Bloomberg reported on Thursday, citing people familiar with the matter.
India's largest pathology chain, Dr Lal PathLabs, faces "pricing pressure and margin erosion" due to rising competition, the company has said in its annual report.
The Indian Railways has approached the finance ministry seeking its approval to raise $500 million (about Rs 3,300 crore) through rupee-denominated bonds or masala bonds to invest in infrastructural projects, A K Mittal, chairman of the Railway Board,
Air conditioner (AC) manufacturers in the country are embracing the new energy efficiency standards sooner than expected.
The Mahindra Group’s on-demand farm equipment rental start-up, Trringo, has launched its service out of Karnataka, where it will help farmers book tractors by the hour via a phone call.