Day trading guide for Monday: 5 stocks to buy or sell today — 23rd May

Day Trading Guide for Monday: After strong global signals, the key index for the Indian stock market ended in positive territory on Friday. The Nifty 50 index gained 456 points and closed at 16,266 while the BSE Sensex shot up 1534 points and closed at 54,326 levels. The Nifty Bank index rose 960 points and … Read more

Markets Weekly Tips: 10 factors to trigger sentiments, what should investors do

Last week, after a couple of dangling sessions, the markets ended positively and tracked gains in global signals. Sensex settled for 54,326.39 with 1,534.16 points or 2.91%. Nifty 50 closed at 16,266.15 up with 456.75 points or 2.89%. Ajit Mishra, Head of Research. Religious Broking said: “Markets ended 5-week losing streak, increasing by more than … Read more

Global oil firms report huge profits but Indian marketers are left high and dry

Indian oil refineries are staring at huge losses as they have failed to pass on the higher costs of crude oil to fuel consumers, even as global energy producers report oversized profits during the March quarter. A Mint compilation of performance data reported by global oil giants shows that some have recorded their best profit … Read more

Margin pressure continues to worry Godrej Consumer Products

Godrej Consumer Products Ltd (GCPL) results for the March quarter (Q4FY22) have been quite subdued. International business results were a sore point. Indonesia The Ebitda margin fell sharply compared with the previous year (year-on-year) due to higher commodity inflation, unfavorable mix and a high base. Ebitda is profit before interest, tax, depreciation and amortization. The … Read more

How Ashok Leyland is better placed in the commercial vehicle upcycle

Ashok Leyland Ltd’s efforts to regain domestic market share in the medium and heavy commercial vehicle (M & HCV) segment have borne fruit. The carmaker captured 30.6% of the market during the March quarter (Q4FY22), a record for several quarters, thanks to the introduction of vehicles with compressed natural gas (CNG) and an expansion of … Read more

Investment mistakes to avoid in hard times

Dear readers, please keep this thought for a while. In the monetary world it has been in since 2008, the rich world’s central banks have printed a lot of money and pushed down interest rates. In early 2020, when the covid pandemic spread, the central banks of developing countries began to do the same. This … Read more

Crypto might have an insider trading problem

For six days in August last year, a crypto wallet collected a $ 360,000 stake in Gnosis coins, a sign linked to an attempt to build blockchain-based prediction markets. On the seventh day, Binance – the world’s largest cryptocurrency exchange in volume – said in a blog post that it would list Gnosis, which allows … Read more

CoinSwitch CEO calls for regulatory ‘peace, certainty’

Ashish Singhal, co-founder and CEO, CoinSwitch, said on Sunday that the government needs to establish rules on cryptocurrencies to resolve regulatory uncertainty, protect investors and strengthen its crypto sector. Speaking at the World Economic Forum in Davos, Singhal said: “Users do not know what will happen to their holdings – will the government ban, not … Read more

Not just LUNA, Terra Defi apps lost over $31 bln from all-time highs of Apr

The collapse of LUNA is engraved as a nightmare for crypto investors because the loss has been great in the ecosystem. It’s not just a disaster in LUNA, in fact the DeFi protocols on Terra have obliterated real market values ​​from its record level witnessed in April. According to DefiLlama data, on a real-time basis, … Read more