Deal closures are taking longer as investors are taking a lot more time in due diligence than before , said top investment bankers. Control deals typically take six to eight months now as compared to the four to five months’ timeframe that would be taken by investors before the pandemic, Chandresh Ruparel, managing director and […]
Month: May 2023
HDFC stock gains on the back of Q2 results; Should you buy, sell the stock?HDFC stock gains on the back of Q2 results; Should you buy, sell the stock?
HDFC Bank’s share price surged on the back of 50.60% jump in its Q2 net profit. On a half-yearly basis, the net profit grew 41% to 27,928 crore. This was the first quarterly financial result of the bank post merger with HDFC, which came into effect on July 1. However, the second quarter financial numbers […]
Nifty might attempt to reclaim 19,840; traders increase long positions in Auto, Capital Goods, Pharma, RealtyNifty might attempt to reclaim 19,840; traders increase long positions in Auto, Capital Goods, Pharma, Realty
By Anand James July series ended with Nifty rollovers at 84%, marking the highest level recorded in the past year and a half. The Auto, Capital Goods, Energy, Oil & Gas, Pharma, Realty and Telecom sectors experienced significant increase in long positions. Meanwhile, the Media sector saw short covering. In the Chemical sector, all its […]
Nifty fails to hold above 19,400, Sensex too ends off high; FMCG, Tech see sharp decline, banks under pressureNifty fails to hold above 19,400, Sensex too ends off high; FMCG, Tech see sharp decline, banks under pressure
Benchmark Indices Nifty 50 and Sensex ended Thursday’s session in the red. The NSE Nifty 50 slipped below the crucial 19,400 mark, off intra-day highs and the Sensex slipped 388.40 points to 65,151.01. FMCG, Oil & Gas and tech stocks were under pressure while select infra counters saw steady gains. The top gainers on the […]
Rupee hits 11-month low on China, oil concernsRupee hits 11-month low on China, oil concerns
The rupee fell to its lowest in nearly 11 months during intra-day trade on Wednesday, owing to a rally in oil prices and weakness in peer currencies, including the Chinese yuan. “USD-INR spot closed at 83.14 to hit its lowest levels in 11 months on the back relentless demand from oil marketing companies and speculative […]
On the spot with Upasna Dash, founder and CEO, Jajabor Brand ConsultancyOn the spot with Upasna Dash, founder and CEO, Jajabor Brand Consultancy
Campaign: Fills Most Voids Brand: CRED Why the campaign rocks: Building a brand today demands strategic insight, venturing beyond the expected and finding allies in the unexpected. Partnering with contrarian brands – those defying convention and embracing authenticity – presents a potent strategy. These partnerships with a timeless influence offer narratives richer than manufactured smiles. […]
Erratic rainfall accelerates scorching summer! What it means for India – In PICSErratic rainfall accelerates scorching summer! What it means for India – In PICS
1/6 Various regions in the north and eastern India have been affected by Western Disturbances. These disturbances resulted in moderate and heavy rainfall. Although the intensity of the rainfall will decrease, the cultivation of crops has been adversely affected. 2/6 Areas in the northern and eastern regions received heavy rainfall from mid-March to April. Light […]