Buy or sell stocks for today: Domestic equity benchmarks Nifty 50 and Sensex edged higher in the previous session and hit fresh lifetime highs, continuing their broader bull run picked up since June-end over market stability. Investors continued to bet on some fundamentally strong large-caps. However, some index heavyweights, such as Infosys and Reliance Industries, …
Day trading guide for today: The Sensex and the Nifty 50, key indices of the Indian stock market, concluded the trading session with notable advances, on April 29. The Sensex commenced trading at 73,982.75, surpassing its previous closing figure of 73,730.16, and reached an intraday peak of 74,721.15, marking an increase of 991 points, or …
The National Company Law Tribunal (NCLT) has granted PC Jeweller and State Bank of India (SBI) an additional 20 days to resolve the matter concerning a default on a loan payment of ₹1,180.2 crore by PC Jeweller. The NCLT adjourned the case until 29 January after considering the ongoing settlement talks. SBI initiated insolvency proceedings …
Brokerage firm Kotak Institutional Equities, in its latest report, has raised the target price of State Bank of India (SBI) to ₹760, while maintaining the ‘buy’ tag. The brokerage firm has also named SBI as its most preferred stock in the PSU sector. “Given the relative strength of SBI as a franchise (demonstrated over the …