Bitcoin up more than 5% near one-week high
November 16th, 2023 10:27
While bitcoin remains far from the investment fever pitch it hit in late 2021, the crypto sector has enjoyed a rally in recent weeks as the expected end of central bank rate-hiking cycles draws cash back into high-risk assets.
Amnish Aggarwal on 3 sectors where the cycle may get stretched on higher side
November 16th, 2023 10:27
“One of the best performing sectors has been the capital goods and engineering companies. The second sector where the numbers have been pretty good has been the automobile sector because the volumes which were expected to be good and the benefits of low raw material prices and operating leverage have come. The third, is the largest segment – banks. A major outperformance has come in numbers on account of lower provision of NPAs.”
Where to look for value in the power transmission chain? Shibani Sircar Kurian explains
November 16th, 2023 10:27
“The way the global geopolitical situation has played out, it is very clear that while the energy transition that we are seeing is likely to continue, especially for a country like India, we will possibly see a period of time where thermal capacity additions will go hand in hand, where green energy capacity additions are also concerned.”
Sensex declines over 100 points on losses in Bajaj twins; Nifty below 19,650
November 16th, 2023 10:27
From the Sensex pack, Bajaj Finance and Bajaj Finserv were the top laggards, falling over 2% each. Power Grid, JSW Steel, Titan, and Bharti Airtel also opened in the red, while NTPC, Tata Motors, TCS, M&M, and IndusInd Bank opened in the green.
Load More
