Wait for more signals before turning positive
At the recent low of 12514 points, the Sensex has tested the 12800-12000-pts support zone and has since then attempted a corrective rally.
Profit by knowlytics
At the recent low of 12514 points, the Sensex has tested the 12800-12000-pts support zone and has since then attempted a corrective rally.
The Centre will sell up to 6.5% stake in Life Insurance Corporation of India at floor price of ₹382 per share in a two-day OFS on August 4 (non-retail investors) and August 5 (retail investors), DIPAM Secretary said today.
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Chairman Sunil Bharti Mittal has said rapid technology shifts will keep network spending elevated. The second-largest telco is betting on post-paid users and FWA to improve 5G monetization.
Prabhudas Lilladher has a ‘reduce’ rating on Infosys Technologies as it feels that the outlook for the company and the software industry is quite weak in the near-term.
Many experts believe that looking at PE ratio in isolation won’t help investors grasp realities of the mkt and higher valuation may not be the only deciding factor driving mkt.
Market may see range-bound trading this week in the absence of any major trigger.
Diageo India-owned liquor maker has challenged the regulator’s crackdown on flavouring and labelling practices as enforcement widens across the IMFL industry.
India has inflation and it reflects the fundamental growth, Christopher Wood, equity strategist, CLSA, said at ET Now Mkt Summit-2010.