The Nifty50 which reclaimed its crucial psychological resistance level of 10,600 made a bullish candle on the daily charts on Thursday. The index took support at its 5-days exponential moving average (DEMA) for the third day in a row.
However, Nifty witnessed selling pressure around its crucial resistance level of 10,630-10,640. Hence, for bulls to regain control of D-Street, a close above....More>>>
The Indian equity market was trading on a positivenote on Tuesday afternoon with the Niftyadding 19 pointsand was trading at 10,734 while the Sensex wasup 80 points or 0.23 percent.
Bank Niftycontinued to move up led by ICICI Bank which zoomed over8 percent despite the bank reporting a poor set of Q4 numbers. Bank of India and Federal Bank added over 1 percent each. State Bank of India from....More>>>
There have been rumors Sears Holdings (NASDAQ: SHLD) will close its Kmart division. Sears has denied them as it continues to close scores of stores. Moody’s has observed Sears cannot survive without outside capital. The situation is dire enough that poor holiday results will likely ruin the company, which was formed in 2005.
Eddie Lampert, who created Sears Holdings via a merger of....More>>>
For an individual investor, going through financials for each and every company and then deciding which stocks to buy is not an easy task. Therefore, some expert advice is always helpful. By following broker recommendations, one can easily find investment-worthy stocks.
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A bipartisan group of eight governors is calling for changes to the Affordable Care Act that would increase funding under the law, enforce some of its rules on buying insurance, and encourage more health insurers to participate in the ACA public....More>>>
President Trump took credit Tuesday for “the safest year on record” for U.S. air travel, touting zero deaths in 2017. But there actually haven’t been any deaths on a U.S. passenger airline in nearly nine years.
Still, the president took credit for the safety record in a tweet.
“Since taking office I have been very strict on Commercial Aviation. Good news....More>>>
NEW YORK The outspoken CEO of the largest automotive dealership chain in the U.S. publicly questioned the market value of Tesla on Tuesday, escalating the rivalry between traditional dealers and the electric-vehicle maker.
Tesla is “either one of the great Ponzi schemes of all time or its gonna work out,” AutoNation CEO Mike Jackson said at a forum presented ahead of theahead....More>>>
Health care stocks are performing better this year than investors might think, given the rancorousdebate over the Republicanplan to repeal and replace Obamacare.
Overall, the 61 stocks in the Standard & Poor’s 500 health care sector — which include hospitals, insurers, drug makers, biotechsand medical device makers –have gained8.9% in 2017 versus a 6%rise for the broadstock-market....More>>>
DB Corps (DBCL) Q4FY18 revenue came in line. However, EBITDA belied our estimate due to 20.5% YoY jump in raw material cost led by increase in newsprint price and expansion drive in Bihar & Gujarat. Key positives: (i) 8.8% YoY ad revenue spurt a
Calumet Specialty Products Partners (NASDAQ: CLMT) is a name most readers would rather forget. Longtime investors are almost certainly sitting on massive capital losses- units have plummeted from $20-$50/unit down to $4/unit currently. I will take you on a tour through refining lubes/waxes 101, t