Beyond the Buzz Into the Core
Coforge has broken out of a cup-and-handle pattern on weekly charts in September 2024 and is nearing its final target of 10,000. Profit booking may occur between the 9,500 and 10,000 levels moving forward.
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Leading shoemaker Bata India Ltd on Monday reported 53 per cent rise in consolidated net profit at Rs 51.97 crore for the second quarter ended September 2024, helped by operational efficiencies and premiumisation. It had posted a net profit of Rs 33.99 crore for July-September FY24, according to a regulatory filing from Bata India. Revenue […]
Indian market is expected to trade higher on Thursday tracking positive global cues. The Nifty future closed negative with losses of 0.65% at 22211 levels on Tuesday. India VIX was up by 1.20% from 12.47 to 12.62 levels. On the weekly options front, the maximum Call OI is placed at 22,500 and then towards 22,700 […]
Demand has grown so fervent for corporate bonds that investors are once again willing to finance big mergers and acquisitions something they hesitated to do for much of last year. In just the past two weeks, about $50 billion of bonds have been sold to help finance acquisitions and spinoffs. The deluge, which included notes […]