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2022-08-18 05:10:39| The Economic Times

Stocks that were in focus include Adani Power which rose 5 per cent, Deepak Fertilisers which hit a 52-week high and closed with gains of over per cent, and Apollo Tyres which rose more than 4 per cent.


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2022-08-18 03:19:23| The Economic Times

"They stayed hawkish, but they also opened the door perhaps for a half of a percentage point hike in September as opposed to 75," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.


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2022-08-18 02:36:49| The Economic Times

About 59 of the NSE500 stocks are currently trading 20% above their 200 DMA. Heavyweights such as ITC, Adani Enterprises, Mahindra & Mahindra, HUL, ICICI Bank, Maruti Suzuki, Bajaj Auto, and Bajaj Finance, Asian Paints, Coal India, among others, are trading 10% above their respective 200 DMAs. Among the Nifty 50 stocks, 70% are trading above 200 DMA.


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2022-08-18 02:30:26| The Economic Times

Several of them, including HDFC Bank, Axis Bank and Kotak Mahindra Bank, which have been aggressive in signing up credit card customers in the past months, have lined up new offers to encourage customers to use their cards for festive purchases.


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2022-08-18 02:24:57| The Economic Times

Foreign portfolio inflows and continued strength in global markets have aided sentiment in the wake of receding concerns over inflation. Investors are awaiting the minutes of US Federal Reserves late July rate-setting meeting due on Wednesday night to see if the markets expectations on interest rates and inflation are in line with that of the US central bank


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