Senior citizens should put some of their savings into fixed deposits, which provide liquidity and interest income regularly. Seniors who enjoy investing in fixed deposits are in for a treat. According to BankBazaar data, private and public sector banks are offering interest rates as high as 8% on three-year fixed deposits for senior citizens. The…
Holiday in the Stock Market: Due to Diwali Balipratipada, the Indian stock market will be closed today, November 14, 2023. The SLB segment, equity derivatives segment, and equity segment will not be open for trading. Additionally closed to trading today is the currency derivatives market. The Multi Commodity Exchange (MCX) will not open for trading…
Diwali 2023: BHEL (Bharat Heavy Electricals Ltd), GAIL Ltd, Godrej Consumer Products Ltd, Godrej Properties Ltd, Hero MotoCorp Limited, United Spirits Ltd (MCDOWELL-N), State Bank of India (SBIN), Tata Consumer Products Ltd, and UltraTech Cement Ltd continue to be PhillipCapital’s top technical DIWALI PICKS- (YEAR-2023). About BHEL, PhillipCapital has set first and second target prices…
Commodity Market: India will probably have to import 2.2 million cotton bales, a three-year high, as a result of this decreased production. According to the International Cotton Advisory Committee (ICAC), a 3 percent rise in global production has caused cotton prices to drop to a 12-month low, reaching 25.41 million tonnes. To 23.35 million tonnes,…
Technical Analysis of USD/JPY: The US Dollar gained from a spike in Treasury yields and hawkish remarks from the Fed, wiping out nearly all of the previous week’s losses for the USDJPY pair. Next, what? US With essentially no changes to the statement, the Fed maintained interest rates as anticipated. Since the full impact of…
M&M Q2 Results Preview: M&M will release its financial results for the second quarter of fiscal year 24 today. The passenger vehicle (PV) and commercial vehicle (CV) manufacturer is expected to see decent revenue growth in Q2FY24 on the back of strong volumes, but margins may remain under pressure sequentially due to an unfavorable mix….
Follow the Asian Paints Stock Liveblog to stay up to date. It’s your one-stop shop for current news and analysis on top stock. View the most recent information on Asian stock, including Price to earnings ratio of 58.15, earnings per share of 52.78, market capitalization of 294497.7, volume of 267494, and last traded price of…
Stocks – A market capitalization of more than one lakh crore is a significant achievement for listed companies. Since last Diwali, nine companies have accomplished this, demonstrating their tenacity in a volatile market. On September 1, Bharat Electronics’ market capitalization surpassed one lakh crore. After hitting a one-year low of 87 in March, the shares…
The rupee was then expected to rise nearly 1% to 82.50/$ in six months and around 1.5% to 82.00/$ in a year. According to a Reuters poll of currency strategists, the Indian rupee will trade near record lows against the US dollar in the coming months, and the Reserve Bank of India will likely intervene…
The Fed’s hawkish remarks and China’s deflationary statistics could cause the demand for crude oil to decline. Friday morning saw Brent crude oil futures trading at about $80 per barrel after US Federal Reserve Chair Jerome Powell hinted that interest rates may rise even more in the US. At 9:52 a.m. on Friday, December crude…
