Although wearable technology has been around ever since the advent of fitness trackers, it wasn’t until smartwatches came along that it was treated as a distinct category of its own, worthy of being analyzed by market intelligence companies. Even then, smartwatches were still considered a relative minority despite having dozens of models available, including the […]
Maruti Suzuki shares rise after Goldman Sachs retains ‘buy’ rating
The shares of Maruti Suzuki rose over half a percent in the morning session after Goldman Sachs retained a ‘buy’ rating on the stock despite the company cutting the production limit for August. GS has a target price of Rs 9,036 per share, over 30 percent higher than its current market price of Rs 6,890. […]
Trade setup for Dec 21: Will Nifty50 bounce back now? Check out key market cues before Tuesday’s session
Indian equity benchmarks tumbled more than two percent each to four-month closing lows on Monday, tracking a global sell-off amid rising cases of the Omicron variant of COVID-19. All sectoral indices were deep in the red, with the Nifty Bank dropping 3.3 percent to the lowest level in five months. The Nifty50 has formed a long bear […]
Hot Stocks | Here’s why you should bet on Finolex Cables, RHI Magnesita India, and sell Grasim in short-term
Nifty plunged 371 points or 2.18 percent on Monday amid Omicron fears to close at four-month low at 16,614 levels. This is the lowest closing for Nifty since August 23, 2021. Short term trend of the Nifty remains weak as Nifty is forming lower top lower bottom formation on the daily chart. Nifty is also […]
Rupee Is Asia’s Worst Performer As Global Funds Shun India Stocks
The Indian rupee is set to end a tumultuous year as Asia’s worst-performing currency with foreign funds fleeing the nation’s stocks. The currency declined 2.2% this quarter as global funds pulled $4 billion of capital out of the country’s stock market, the most among regional markets where data is available. Foreigners sold Indian stocks as […]