At multi-year highs: Tata Motors among 4 stocks that saw 5-year swing high breakout
Stocks in news: Texmaco, Som Distilleries, Gati, Utkarsh SFB and more
Time for Tata Steel, Hindalco to join metal rally; prefer Ashok Leyland to Tata Motors: Sanjiv Bhasin
“Tata Motors, Maruti, TVS and Hero MotoCorp are all hitting new highs. But rather than Hero, I will go with Bajaj Auto. And not Tata Motors, I would put my money on Ashok Leyland. They have garnered more market share. Tata Motors is the institutional favourite but I would put my money on Ashok Leyland.”
Markets are delicately poised; how will the second half of FY24 go? Amnish Aggarwal answers
“The second half of the year is usually very important from the viewpoint of the overall economy because the second half is more like 40-60. The second half of the year is much bigger. That is one part of it. Secondly, the capex momentum, I would say, particularly from the government side, in the first half has been practically good. Maybe because we are approaching election year. So there might have been some preponement of capex.”
Avenue Supermarts Q2: PAT drops over 9% YoY to Rs 623 crore
Short sellers will have to report more data under new US SEC rules
The rules, first proposed in late 2021 and early 2022, will require investors to report their short positions to the agency, and companies that lend out shares to report that activity to the Financial Industry Regulatory Authority (FINRA), a self-regulatory body that polices brokers
Gold gains nearly 3% on safe-haven inflows, set for best week since March
Spot gold was up 2.8% at $1,921.39 per ounce by 1134 a.m. ET (1534 GMT). U.S. gold futures added 2.7% to $1,934.60. Prices were up 4.8% for the week
Tata Motors to sell 9.9% stake in Tata Technologies ahead of global engineering firm’s IPO
The parent of British luxury carmaker Jaguar Land Rover Automotive Plc has entered into share purchase agreements for the transaction, it said in a regulatory filing on Friday
Asia is a high-growth market but GEM outflows could weigh on India: Cameron Brandt
He stated that funds dedicated to most European markets are bleeding and that emerging and developed Asia equities might also experience collateral damage