India Business News: Four Kirloskar companies plan to legally challenge Sebi's directive to disclose a family settlement deed from 2009. They assert the deed does not impa
Nov 07, 2024 / 11:30AM GMTOperator Ladies and gentlemen, good day, and welcome to Kirloskar Ferrous Industries Limited 2Q FY25 carnings conference call Hosted b
Revenue Growth: 4% increase in top line compared to Q1 of the previous year.Profitability: Sequential improvement in bottom line.Margins: General pressure on m
Feb 05, 2024 / 10:30AM GMTOperator Ladies and gentlemen, good day, and welcome to Q3 FY '24 Earnings Conference Call of Kirloskar Ferrous Industries Limited, ho
The uptick in share price came after the company announced that it has completed the installation of a 35 MW DC capacity solar plant worth Rs 138 crore at Maharashtra
Domestic headline indices Nifty 50 and Sensex finished at record closing highs yet again boosted by strong domestic inflows as well as a climb in global equities. For the last few days, Nifty has been moving sideways on an intraday basis, but eventually it has moved up above 23,500. MACD showed bullish trade on the counters of ABB India, Hindustan Aeronautics, Cochin Shipyards, BEML, Godfrey Phillips India, and Cummins India.
Stay abreast of latest news about Indian stock markets here on April 18.
Most share indices in the Asia-Pacific were trading higher as investors look forward to earnings of big tech firms.
Brent crude was trading 0.07% higher at $87.36 a barrel. Gold rose 0.37% to $2,369.67 an ounce.
Sensex, Nifty updates on 03 October 2023 – Indian shares closed lower on Tuesday, dragged by auto stocks on mixed sales data in September, while concerns over elevated interest rates also weighed on sentiment. The NSE Nifty 50 index settled 0.56 per cent down at 19,528.75, while the S&P BSE Sensex fell 0.48 per cent to 65,512.10. Auto stocks fell 1.20 per cent, dragged by Eicher Motors shedding 2.68 per cent, among the most on the blue-chip Nifty 50, after its September motorcycle sales fell 4 per cent.
Cupid Ltd. acquired by Universal-Halwasiya Group & Family; MDL signs MSRA with US Govt; Adani Global & Kowa Holdings sign JV for green ammonia, hydrogen; SJVN Green Energy signs PPA for 18 MW solar power; DroneAcharya launches BHUJANG; PVR Inox launches 1st multiplex in Dharwad; Captain Pipes to discuss investment plan; Vakrangee to acquire 48.5% stake in Vortex Engg; Schaeffler India acquires KRSV Innovative Auto; Dynamic Cables approves expansion plan; Fedders Electric & Engg approves issuance of 58L Preference shares; Strides Pharma Science gets USFDA approval; Yash Innoventures invests in Yashashvii Yash Ventures; Ahasolar Technologies gets Consultancy Services Order; Prithvi Exchange expands presence in Lucknow; Albert David approves investment in Sunsure Solarpark; Natco Pharma named in antitrust lawsuit; Kirloskar Ferrous resumes ops of Mini Blast Furnace-I.
The Nifty50 index has breached below the key moving averages - 20 SMA (17,780), 50 SMA (17,485), and 100 SMA (17,640), says Malay Thakkar of GEPL Capital.
The next lower targets to be watched for Nifty around 16,500 levels in the next couple of weeks. Any pullback rally from here could find strong resistance around 17,200 levels, says Nagaraj Shetti of HDFC Securities.
Nagaraj Shetti of HDFC Securities says the overall negative trend of the market remains intact and the present upside bounce could be considered as a pullback rally of a downtrend. Further upside from here to 17,800 levels is expected to be a pullback in the market.