March 23, 2018
As equity benchmark Nifty slipped below its 200-day moving average (DMA) on Monday, momentum indicator Moving Average Convergence Divergence, or MACD, signalled downward crossovers on nearly 100 counters on the National Stock Exchange (NSE). Among the stocks that witnessed this phenomenon were IndianOil (IOC), ICICI Bank, ITC, Tata Motors, PVR, Infosys, Indiabulls Real Estate, Bharat…
March 22, 2018
NEW DELHI: Reliance Communications has got approval from investors holding $300 million worth of outstanding bonds for sale of wireless assets to Reliance Jio, and also that of its real estate assets, to pare its debt, news which drove the telco’s stock nearly 9% higher. Holders have also accepted part pre-payment of the bonds that…
March 22, 2018
Talking to ET Now, Pankaj Murarka, Market Expert, says this is a very good time to invest into some good quality businesses. Healthcare and CRAMS in particular, infra and capital goods are the three sectors Murarka is bullish on.Edited excerpts: You are bullish on the market. What makes you excited about the markets especially with…
March 22, 2018
It was advantage real estate on Dalal Street in 2017. But the ground reality shows a clear disconnect. Residential unit sales have not been able to keep pace. These have dropped as much as 40 per cent from the average of 2013-14 to 2017, according to Anarock Property Consultants. 2013-14 was the last year when…