1. Introduction With the upcoming meeting of the US Federal Reserve (Fed), market experts are expecting a possible interest rate cut, possibly by up to 50 basis points (bps). This development could significantly impact various sectors, especially IT, banking and real estate. Among the stocks highlighted for potential investment, Oracle Financial Services Software (OFSS) and…
Introduction The Nifty IT index has recently hit a new all-time high due to the exceptional performance of several key stocks. Notable among these are Mphasis, Coforge, Persistent Systems, HCL Technologies and LTI Mindtree. This remarkable surge reflects the recovery and growth of the sector. In this article, we will discuss the reasons behind this…
The IPO of PN Gadgil Jewellers, a well-known jewellery retailer in India, has attracted investor attention, with both retail and non-institutional investors showing significant interest. The IPO opened for subscription on September 10 and is scheduled to close on September 12, 2024. In this article, we provide detailed information on the key aspects of the…
Introduction Defining Indian Day Charts Indian day charts are a type of technical chart used by traders to analyze daily price movements in Indian stock markets, such as the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange). Day charts depict the price action of a stock over a single trading day, helping traders identify…
The 54th GST Council meeting chaired by Finance Minister Nirmala Sitharaman was held in New Delhi, making significant updates to India’s Goods and Services Tax (GST) regime. From reducing the tax burden on essential items like cancer drugs to addressing the IGST balance, the decisions taken during this meeting are going to have a wide-reaching…
