BSE Archives - gamemmm12

Tag: <span>BSE</span>

Stocks In Spotlight 04 July 2024: Five Stocks To…

4 July 2024
by admin

New Delhi: Markets rose to all-time highs on Wednesday, led by HDFC Bank, which jumped to a new high amid hopes of a rise in its weightage in a major global index.

Sensex Finished higher at 79,986.80 points while Nifty settled the day at a record high of 24,286.50.

“Technically, the Nifty index has broken the 24,200 barrier and formed a doji candlestick pattern. Furthermore, the index is forming a higher-top, higher bottom pattern, indicating an uptrend. As long as index holds support of 23,990, it may attempt to test the levels of 24,500-24,600. Nifty Bank also reached a record high of 53,256.70 in the morning trade, driven by HDFC Bank, and then witnessed some profit booking on higher levels. Finally, Nifty Bank settled the day on record high at 53,089 levels. From a technical standpoint, the index is consolidating in the band of 52,000-53,200. If the index sustains above 53,200, then rally could extend towards 54,000-54,200 levels,” said Hrishikesh Yedve, AVP Technical and Derivatives Research at Asit C. Mehta Investment Interrmediates Ltd.

Meanwhile, ahead of the market opening today, as per Zeebiz are Bajaj Finance, Vedanta, Vodafone Idea, Tata Power, Marico likely be in focus today.

1. Tata Power

Tata Power shares are scheduled to trade ex-dividend on Thursday. The Board of Directors of the Company had at its meeting held on May 8, 2024, recommended a dividend of 200 percent at Rs 2 per Equity Share of Re 1 each for the financial year ended March 31, 2024.

2. Vodafone Idea

Shares of Vodafone Idea is likely to be in focus as the telecom operator has hiked its mobile tariff which is effective from today.

3. Vedanta

Vedanta group has announced its production release for 1st quarter ended June 30, 2024. It said, “The cast metal aluminum production at our smelters at 596 kt, up 3% YoY on account of better operational performance. Alumina production at Lanjigarh refinery at 539 kt, up 36% YoY driven by new capacity, and up 11% QoQ”.

4. Bajaj Finance

Bajaj Finance has in a business update said that it has seen a deposit hike of 26 percent YoY. “Deposits book stood at approximately ₹ 62,750 crore as of 30 June 2024 as compared to ₹ 49,944 crore as of 30 June 2023, a YoY growth of 26%,” the company informed regulators.

5. Marico

Marico has announced that it has collaborated with Kaya to scale up play in advanced science-backed personal care.

Science & Environment

Kotak Mahindra Bank Shares Decline Over 2 Per Cent;…

2 July 2024
by admin

New Delhi: Shares of Kotak Mahindra Bank on Tuesday declined over 2 per cent, wiping out Rs 7,777.33 crore from its market capitalisation as the company’s name cropped up in the Adani-Hindenburg row.

The stock went lower by 2.16 per cent to settle at Rs 1,769.60 apiece on the BSE. During the day, it tumbled 3.98 per cent to Rs 1,736.65. On the NSE, it declined 2.12 per cent to Rs 1,769.60 per share. The company’s market valuation eroded by Rs 7,777.33 crore to Rs 3,51,787.86 crore.

Billionaire banker Uday Kotak founded a bank and brokerage that created and oversaw an offshore fund used by an unnamed investor to profit from a plunge in Adani shares that followed a damning Hindenburg report, the US short-seller said.

Hindenburg Research, which had in a January 2023 report alleged stock market manipulations and accounting fraud at the Adani group, said it has received a show cause notice from Indian markets regulator Securities and Exchange Board of India (Sebi) over gains made from betting on the conglomerate’s shares.

The US short-seller said it had disclosed that it had bets against the group, adding that its gains were only over USD 4 million. While Kotak Mahindra Investments Ltd (KMIL) – the asset management company is said to have created the offshore fund — stated that Hindenburg was “never” its client, Sebi’s show cause notice cited chats between Kingdon Capital — a client of the US short-seller who was privy to the report before its release — and Kotak fund executives.

Calling the Sebi show cause notice as attempted intimidation, Hindenburg asked why the market regulator did not name Kotak. Sebi’s notice “conspicuously failed to name the party that has an actual tie to India: Kotak Bank, one of India’s largest banks and brokerage firms founded by Uday Kotak, which created and oversaw the offshore fund structure used by our investor partner to bet against Adani,” Hindenburg said.

Meanwhile, other bank stocks also declined on Tuesday, with Bank of Baroda slumping 2.65 per cent, IndusInd Bank (1.89 per cent), State Bank of India (1.87 per cent), ICICI Bank (1.79 per cent), Canara Bank (1.69 per cent), Federal Bank (1.55 per cent) and Axis Bank (0.63 per cent). The BSE Bankex index ended lower by 0.91 per cent at 59,307.59.

Science & Environment

Stocks In Spotlight 27 June 2024: Five Stocks To…

27 June 2024
by admin

New Delhi: Markets settled at their fresh all-time high levels on Wednesday. Sensex rallied 620.73 points or 0.80 percent to end at new closing peak of 78,674.25 while Nifty surged 147.50 points or 0.62 percent to close at 23,868.80.

Hrishikesh Yedve, AVP Technical and Derivatives Research at Asit C. Mehta Investment Interrmediates Ltd said, “The domestic benchmark index, Nifty, opened on a flat note and after initial dip index has witnessed strong buying interest. Consequently, the index achieved a new record high of 23,889.90, ultimately concluding the day positively at 23,868.80. Technically, the index broke out of the short-term consolidation zone of 23,330-23,670 in yesterday’s session, and today it found support near the breakout point of 22,670. Based on this breakout, the rally may extend towards the 24,000 level. Therefore, it is advisable to adopt a buy-on-dips strategy for Nifty. On the downside, 23,670 will serve as immediate support for the index”.

Meanwhile, ahead of the market opening today, as per Zeebiz Bharti Airtel, Titan, LTIMindtree, LTTS, Bharti Hexacom, are a couple of stocks that will likely be in focus today.

1. LTIMindtree

LTIMindtree has informed the regulator that AM Naik, Non-Executive Chairman of the Company will relinquish his office. Further, the Board of Directors at its meeting has approved appointment of SN Subrahmanyan, Non-Executive Vice-Chairman, as the Non-Executive Chairman of the Company with effect from June 27, 2024.

2. Titan

Titan stock will trade ex-dividend today. The Board of Directors at its meeting held on 3rd May 2024 recommended a Dividend of 1100 percent at Rs 11.00 per Equity Share of Rs 1 each for the Financial Year ended 31st March, 2024.

3. Bharti Airtel

Airtel has said that it has acquired 97 MHz spectrum in 900 MHz, 1800 MHz and 2100MHz frequency bands through the auction for Rs 6857 crore Spectrum secured for 20 Years. Airtel added that it has successfully renewed spectrum that was expiring in 2024 along with additional spectrum purchase to bolster its mid band holding across the key circles.

4. Telecom Stocks: Bharti Hexacom

Bharti Hexacom Ltd, a subsidiary of Bharti Airtel, has acquired 15 MHz with an outlay of Rs 1,001 crore.

5. Supreme Petrochem

Supreme Petrochem shares are slated to trade ex-dividend on Thursday. The company has recommended final dividend rate of Rs 7.

Science & Environment

Stocks In Spotlight 21 June 2024: Five Stocks To…

21 June 2024
by admin

New Delhi: Markets rallied for the sixth straight session on Thursday, with benchmark equity indices Sensex and Nifty zooming to all time fresh peaks. Sensex surged 141.34 points or 0.18 percent to finish at a new record closing of 77,478.93 while Nifty scaled 51 points or 0.22 percent to close at 23,567.

Ajit Mishra – SVP, Research, Religare Broking Ltd said, “On the benchmark front, the Nifty index closed at 23,581, up 0.30%. Sectorally, realty, metal, and private banking finished in the green, while Pharma, PSU Bank, and Auto sectors lagged. Broader indices also edged higher, both gaining over half a percent.”

“Looking ahead, a decisive close above 23,600 in Nifty could trigger fresh upward momentum, potentially pushing the index to 24,000 levels. On the downside, 23,400 is expected to act as strong support. Besides banking and IT, themes like sugar, fertilizers and chemical are showing good traction on the expected lines. Traders should align their positions accordingly,” he added.

Meanwhile, ahead of the market opening today, as per Zeebiz, HDFC Life, Tata Motors, JM Financial, HPCL, BPCL are a couple of stocks that will likely be in focus today.

HDFC Life

HDFC Life Insurance shares are set to trade ex-dividend today. In the company’s Board meeting held on April 18, 2024, it had recommended a final dividend of Rs 2 per equity share of face value of Rs 10 each for FY 2023-24, subject to approval of the shareholders. The record date for payment of final dividend is Friday, 21 June 2024.

Tata Motors

Tata Motors has announced the launch of Tata Motors Fleet Verse – a comprehensive and innovative digital marketplace for Tata Motors Commercial Vehicles. The platform offers features like new vehicle discovery, configuration, acquisition, financing, and is future-proofed to include a range of additional services and features, making Fleet Verse a one-stop digital destination for all commercial vehicle needs.

JM Financial

Securities Exchange SEBI has directed the Company to not take any new mandate as lead manager in public issue of debt securities up to March 31, 2025 or such further date as may be specified by SEBI.

HPCL

HPCL’s shares are scheduled to trade ex-bonus today. The company has recommended Bonus Issue Proportion @ 1 share for every 2 Shares held.

BPCL

BPCL’s shares are scheduled to trade ex-bonus tomorrow (June 22). The Board has recommended issue of Bonus Shares in the ratio of 1:1 i.e. one new bonus equity share of Rs 10 each for every one existing equity shares of Rs 10.

It has recommended a final dividend of Rs 21 per equity share of face value of Rs 10 each (pre-bonus), which translates into final dividend of Rs 10.5 per equity share of face value of Rs 10 per equity share) (post-bonus).

Science & Environment

Sensex, Nifty At All-Time High As Inflation Cools This…

15 June 2024
by admin

New Delhi: Indian stock markets closed at an all-time high in the last week. This is the second consecutive week when Indian frontline indices Sensex and Nifty made a new all-time high of 77,145 and 23,490 respectively.

In the last week that ended on June 14, Sensex closed at 76,992, up 299 points or 0.39 per cent, and Nifty settled at 23,465, up 175 or 0.75 per cent. Data released by the government on Wednesday showed that the retail inflation rate has fallen to 4.75 per cent in May, which was 4.83 per cent in April. (Also Read: Advance Tax First Instalment Payment: Find Out Who Has To Pay, Consequences Of Missing Payment)

During the week, Foreign institutional investors (FIIs) have invested Rs 2,030 crore and domestic institutional investors (DIIs) have invested Rs 6,293 crore. Smallcap and midcap shares have attracted more investors than largecap during this period. BSE Smallcap Index rallied 5 per cent and BSE Midcap Index surged 4.4 per cent during the week. (Also Read: EPF Withdrawal Update: EPFO Discontinues Covid-19 Advance Facility – Check Details)

In smallcap, EIH Associated Hotels, Reliance Power, PTC Industries, Avantel, HCC, GTL Infrastructure, Wardwizard Innovation and Mobility, Honda India Power Products, Home First Finance Company India, Paras Defense and Space Technology, and Asian Granito India gained more than 25 per cent.

In midcap, Endurance Technologies, LIC Housing Finance, Scheffler India, Oil India, Max Healthcare Institute, Samvardhan Motherson International, Honeywell Automation, Oracle Financial Services Software, and New India Assurance were top gainers. Among the sector indices, the Capital Goods Index surged 6.4 per cent, the Realty Index rallied 5.4 per cent, the Telecom Index shot up by 4 per cent and the Oil and Gas Index gained 3.5 per cent.

Science & Environment

Ambuja Cements Shares: Check What Global Brokerage Firms Are…

14 June 2024
by admin

Mumbai: Leading global brokerage firms have gone bullish on the Adani Group’s Ambuja Cements after it announced to acquire Hyderabad-based Penna Cement for Rs 10,442 crore.

Jefferies has a ‘buy’ rating on the Ambuja Cements shares, giving it a target price of Rs 735 per share.

The stock of Ambuja Cements went up more than 2 per cent at Rs 679 in the morning trade on Friday.

According to Jefferies, the landmark acquisition of Penna Cement would boost the positioning of the Adani Group’s cement and building material major as a pan-India leader.

Morgan Stanley said the acquisition would support volume growth for Ambuja Cements over the medium term.

Macquarie expects that with the acquisition, the capacity share of Ambuja Cements in South India is likely to improve to 10-11 per cent from the current 4-5 per cent.

According to Macquarie analysts, a key factor to see is whether this acquisition will help Ambuja Cements reach its capacity target of 140 million tonnes by FY28.

Global brokerage Nuvama also retained a ‘buy’ rating on the company’s stock with a target price of Rs 767 on FY26E EV/EBITDA of 18 times.

The acquisition, to be funded by internal accruals, will improve Adani Cement’s market share pan-India by 2 per cent and by 8 per cent in south India.

PCIL has 14 MTPA cement capacity, of which 10 MTPA is operational, and the remaining is under construction at Krishnapatnam (2 MTPA) and Jodhpur (2 MTPA) and will be completed within 6 to 12 months.

Ambuja Cements reported profit after tax (PAT) at Rs 4,738 crore for FY24 — up by a record-setting 119 per cent (year-on-year) — and operating EBITDA at Rs 6,400 crore, up by 73 per cent.

Science & Environment

Stock Markets Gain 3 Per Cent As Political Stability…

8 June 2024
by admin

New Delhi: In a week full of political surprises, the Indian Indices saw high volatility but ended up gaining more than 3 per cent, buoyed by Prime Minister Narendra Modi’s return for the record third term and RBI’s monetary policy announcements. The BSE Sensex hit a fresh all-time high of 76,795.31 while the Nifty reached a record high of 23,338.70.

On Friday, the Sensex surged 2,732 points or 3.69 per cent to close at 76,693.36. On the other hand, Nifty went up 759 points or 3.37 per cent to end at 23,290. The investors’ losses prior to the new government’s formation moves were almost recovered in just three trading sessions, at more than Rs 28 lakh crore. (Also Read: Sensex Touches All-Time High, Nifty Up 2% On Announcement Of PM Modi Taking Oath)

The BSE Small-cap index surged 3 per cent and Mid-cap Index also went up 3 per cent during the week. The large-cap Index saw 3 per cent rise. The foreign institutional investors (FIIs) sold equities worth Rs 13,718.42 crore. On the other hand, domestic institutional investors (DIIs) bought equities worth Rs 5,578.71 crore. (Also Read: BSE Denies Technical Glitch On June 4 Causing Mutual Fund To Lose Money On Election Day)

According to market experts, the Nifty moved up significantly after a flat closing in the previous trading session. Going forward, the market remains a buy on dips as long as 23,000 is not broken. “On the higher end, the index might move towards 23500-23600. On the lower end, profit booking might occur only below 23000,” said Rupak De, senior technical analyst, LKP Securities.

Bank Nifty has also shown bullish momentum, taking support near its 10-day moving average and forming a bullish engulfing candle on the daily chart. It closed near its resistance level, indicating strong buying interest. The key resistance level for Bank Nifty is 50,500, while 49,200 will act as crucial support, said experts. The rupee also traded strong, appreciating by Rs 0.11 to close at 83.40 against the dollar.

This strength is attributed to ongoing capital market gains and a continued buying spree following the general election, with the market showing confidence in the NDA 3.0 government maintaining economic stability, the experts noted.

Science & Environment

BSE Denies Technical Glitch On June 4 Causing Mutual…

8 June 2024
by admin

New Delhi: The Nifty 50 index on June 4, experienced a sharp decline of nearly 6 per cent leading to investors losing around Rs 31 lakh crore in stock market. This significant drop marked the biggest fall in four years. Broking platforms suggested that a glitch in the Bombay Stock Exchange (BSE) mutual fund system might have caused orders to be processed the next day, missing the chance to benefit from the market recovery.

However, the BSE denied any fault on their part. “There was no technical glitch at the exchange end on 4th June. However, there was some lag in receiving payments from UPI channel for a few customers,” said a BSE spokesperson (Also Read: Sensex Touches All-Time High, Nifty Up 2%)

Many users have posted on social media site “X” formerly known as Twitter that they purchased a mutual fund through online Apps on June 4 but NAV showed for June 5. Several investors of apps like Zerodha, Groww, Upstox, and Angel One vented their anger on social media platforms about their inability to square off their positions in equities or F&O. (Also Read: India’s Forex Reserves At Historic High Of $651.5 Bn, CAD To Dip: RBI)

On June 4, benchmark Nifty 50 index fell nearly 6 percent, wherein investors lost around Rs 31 lakh crore in the stock markets. The combined market-cap of BSE-listed firms also retreated to Rs 394 lakh crore on the day, from Rs 425 lakh crore.

With heavy fall in equity, NAVs of Mutual fund also dropped, leading many investors to place purchase orders to take advantage of the low prices. However, many of these orders were processed the next day, when the market had bounced back by 3 percent.

When asked about the issue, RBI denied to comment on it during monetary policy press conference. But the central banks said, they are making efforts to reduce downtime for UPI transactions. Daily UPI transactions are between 40 to 45 crore so there is a lot of pressure. RBI said, there is no delay from NPCI end, but there may be some delay at the banking end which the central banks is trying to resolve in coordination with specific banks.

Reports suggesst this delay caused many investors losing money in many cases by up to 3 percent on their mutual fund purchases on June 4. Meanwhile, those who invested in exchange-traded funds (ETFs) also faced issues, as ETFs were trading at a much higher price than their actual value. (With ANI Inputs)

Science & Environment

Bloodbath in India Stocks As Trends Show Below Par…

4 June 2024
by admin

New Delhi: Indian stock indices witnessed a bloodbath on the day the Lok Sabha results were announced, where incumbent BJP performed below par and seems it may fall short of exit poll predictions and the majority mark on its own.

The BJP-led National Democratic Alliance is leading in nearly 300 seats while the INDIA alliance is leading in 229 seats, as per data from the Election Commission of India. The idea of a coalition government lead by BJP at the centre has led to widespread market anxiety and a sharp decline in stock indices.

The BJP, which has been the dominant force in Indian politics for the past decade, is seen as a pro-Industry party whose policies have generally favoured economic growth and market stability. The failure to secure a clear majority to BJP of its own raises concerns about the formation of a stable government and the continuation of economic reforms.

At the closing bell, Sensex closed at 72,079.05 points, down 4,389.73 points or 5.74 per cent, while Nifty closed at 21,884.50 points, down 1,379.40 points or 5.93 per cent. All Nifty sectoral indices, barring Nifty FMCG, were deep in the red today. Nifty metal, Nifty bank, Nifty financial services, Nifty PSU bank, Nifty private bank, Nifty realty, Nifty oil and gas, slumped the most, NSE data showed.

“The steep fall is due to the results so far falling short of the exit polls which the market had discounted yesterday. If BJP doesn’t get a majority on its own there will be disappointment and this is getting reflected in the market. Also it is possible that Modi 3.O may not be as reform-oriented as the market expected and may turn more welfare- oriented,” said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

At one point during the afternoon, Indian equity indices plummeted over 8 per cent on Tuesday, as poll trends indicated a closer than anticipated fight for the incumbent Narendra Modi-led NDA government.

Sensex logged it worst session in over four years, it witnessed back during Covid days.

“Markets rallied 3-3.5 per cent on expectation of a Modi led NDA win on Monday. PSU (especially banks) led the rally. Today polls were not in line with exit poll outcome. Markets move more than 4-5 per cent down today,” said Jaykrishna Gandhi, Head – Business Development, Institutional Equities, Emkay Global Financial Services.

“We expect 7-10 per cent downside for broader markets from current levels. We recommend positioning to move from alpha stocks to defensives – add FMCG, IT, Pharma vs short on ABB, Siemens, Cummins, Coal India, NTPC, PFC, REC, PNB, Canara bank,” Gandhi suggested.

The Rupee closed weaker against the US dollar on Tuesday, depreciating by 38 paise to close at 83.53. It closed at 83.15 on Monday. The Rupee had been largely steady for the past year, largely due to RBI’s intervention.

“This uncertainty triggered a panic sell-off across various asset classes, impacting economic growth. The Dollar-Rupee exchange rate may continue to rise, potentially reaching 83.90, with 83.40 serving as the immediate support level,” said Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.

Manish Chowdhury, Head of Research, StoxBox, asserted that markets have reacted sharply to the initial trends of the NDA leading on around 290 seats, way less than as projected. “With the NDA still looking to form a government, though with the important support of coalition partners, markets look jittery about the prospects of strong decision making.

Markets believe that the reformistic approach, which was a hallmark of the previous two terms, might take a backseat in the third term. However, our sense is that it is still early to jump to conclusions and should ideally wait for a clearer picture,” said Chowdhury. Shrikant Chouhan, Head Equity Research, Kotak Securities, noted that the current market texture is extremely volatile and uncertain; hence, it is advisable that traders should remain cautious for the next few trading sessions.

On Monday, Indian benchmark indices closed at record highs, driven by fresh buying from investors after exit polls indicated a comfortable majority for the NDA government. The Nifty 50 index gained 733.20 points, closing at 23,263.90, while the BSE Sensex surged 2507.47 points to close at 76,468.78.

Science & Environment

Market Cap of BSE Companies Hits $5 Trillion for…

21 May 2024
by admin

The market capitalisation of the top-10 companies currently stands at a little above $1 trillion or Rs 90.54 lakh crore.

All-India market capitalisation, including 5,391 listed companies, stands at $5 trillion or Rs 414.7 lakh crore, which is about $633 billion higher than that at the start of the year

Despite the markets witnessing volatility amid the ongoing Lok Sabha elections, the combined market value (market capitalization or mcap) of BSE-listed companies on May 21 hit the historic $5-trillion mark for the first time ever. Moreover, the top-10 listed companies also achieved a combined market cap of over $1 trillion.

This comes despite the BSE benchmark index remaining nearly 1.7 per cent below its all-time high.

According to the latest data available on the BSE’s website on May 21, the all-India market capitalisation, including 5,391 listed companies, stood at $5 trillion or Rs 414.7 lakh crore. This is about $633 billion higher than that at the start of the year.

According to the latest BSE data, the market capitalisation of the top-10 companies currently stands at a little above $1 trillion or Rs 90.54 lakh crore.

Company-wise, Reliance Industries Ltd (RIL) topped the companies in market capitalisation with Rs 19.42 lakh crore, followed by Tata Consultancy Services (TCS) with Rs 13.82 lakh crore, HFCD Bank (Rs 11.08 lakh crore), ICICI Bank (Rs 7.88 lakh crore), and Bharti Airtel (Rs 7.62 lakh crore).

State Bank of India (SBI) comes sixth with Rs 7.41 lakh crore, followed by LIC (Rs 6.46 lakh crore), Infosys (Rs 5.95 lakh crore), ITC (Rs 5.43 lakh crore), and Hindustan Unilever (Rs 5.42 lakh crore).

According to Moneycontrol, BSE’s total market capitalisation had hit $4 trillion in November 2023, and has now soared past $5 trillion in just six months. BSE-listed firms reached the market cap of $1 trillion back in May 2007, doubling in over a decade to $2 trillion in July 2017, and then reaching the $3 trillion mark in May 2021.

Currently, only four stock markets world over are in the $5-trillion-plus club, namely, USA, China, Japan and Hong Kong. The US leads with a market cap of almost $55.65 trillion, followed by China ($9.4 trillion), Japan ($6.42 trillion), and Hong Kong ($5.47 trillion).

Indian Stock Market Today

The BSE Sensex on Tuesday declined by nearly 53 points in a volatile trade amid weak trends from Asian and European markets and fresh foreign fund outflows. The 30-share Sensex declined 52.63 points or 0.07 per cent to settle at 73,953.31 as 18 of its constituents declined while 12 ended with gains. The index gyrated around 426 between a high of 74,189.19 and a low of 73,762.37 in day trade.

The broader Nifty of NSE, however, closed higher by 27.05 points or 0.12 per cent to 22,529.05, driven by gains in metal shares. As many as 27 Nifty shares declined while 23 closed with gains.

Among the Sensex components, Nestle, Maruti, IndusInd Bank, ICICI Bank, Hindustan Unilever, Larsen & Toubro, Tata Consultancy Services, Infosys, HDFC Bank and Axis Bank were the major laggards. Tata Steel, JSW Steel, Power Grid, Tech Mahindra and State Bank of India were among the gainers.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 92.95 crore on Saturday, according to exchange data. Global oil benchmark Brent crude declined 0.55 per cent to USD 83.25 a barrel.

Mohammad Haris

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experi…Read More