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Domestic air passenger traffic touches record high on Nov 19 November 20th, 2023 16:27
New Delhi, Nov 20 The domestic air traffic touched a new high on Sunday as airlines carried 4,56,910 passengers, marking two "consecutive days of hi..

Stockarchitect
IT stocks' rally overdone, says Jefferies; Infosys among 3 top picks November 20th, 2023 15:27
Jefferies has taken a 'Hold' view on Tata Consultancy Services (TCS), HCL Technologies and LTI MIndTree while an 'Underperform' stance on Wipro and Tech Mahindra. Jefferies' estimates on the IT sector hinge upon the takeaways from its conversations with managements of seven domestic IT firms who have acknowledged that the demand uncertainty will linger, going forward.

Stockarchitect
Jio Financial Services in talks for maiden bond issue to raise Rs 5,000-10,000 crore: Bankers November 20th, 2023 15:27
The company may look to raise Rs 5000 crore ($600.6 million) to Rs 10,000 crore through the issue and may tap the market in the last quarter of this financial year, the bankers added.

Stockarchitect
Buy on every dip? Aditya Arora’s 2 top stock picks November 20th, 2023 15:27
“As the tone of the market is sideways, defensive stocks are outperforming and there is the traction which we can see. So, Glaxo can be bought at Rs 1640; Rs 1540 should be the stop loss and Rs 1,745 to 1,850 should be the target. The second one, Glenmark, is again from defensive space. It can be bought at Rs 793; Rs 740 should be the stop loss and Rs 900 to 1,000 should be the target.”

Stockarchitect
Investor risk reduction platform to safeguard positions during broker system outage: SEBI Buch November 20th, 2023 15:27
The investor risk reduction access platform, introduced by stock exchanges, will help protect the short-term trading positions, particularly of those investors who do it on a large scale, during instances of a major outage at their broker’s system.

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