It formed a Bullish candle and negated the effect of Shooting Star candle on a daily scale. “For the last 77 trading sessions, it has seen the highest daily close and has been making a higher top - higher bottom formation,” Chandan Taparia, Vice President | Analyst-Derivatives at Motilal Oswal Financial Services told Moneycontrol. … [Read more...] about After The Bell: TCS feels COVID pain; here’s what investors should do on Friday?
Belle isle castle
Here are answers to a few queries that were asked on Facebook by viewers of our chat show with Kayezad Adajania, Editor – Personal Finance, Moneycontrol. The answers/advises on the queries comes from Vishal Wagh, Research Head, Bonanza Portfolio Ltd. … [Read more...] about Ask Moneycontrol: Experts answer reader queries on IOC, ONGC and other stocks
"In a bearish scenario, sector leaders with relatively stronger balance sheets, higher earnings visibility, strong cash flows, and management with a good track record should be preferred. Investors should avoid companies with high leverage," Mahesh Patil, CIO – Equity, Aditya Birla Sun Life AMC told Moneycontrol. … [Read more...] about Sensex jumps over 2,400 points; 4 factors which fuelled the rally
“We are delighted to announce the FTC’s approval of our planned merger with Caesars, which is expected to create the largest owner and operator of U.S. gaming assets. We look forward to completing the merger, subject to receipt of the remaining consents and approvals from regulators in Nevada, New Jersey, and Indiana,” Eldorado CEO Tom Reeg said in a written statement. … [Read more...] about FTC approves Caesars-Eldorado acquisition deal—on one condition
Given higher-than-expected slide and softer-than-expected tone on recovery broking house have curtailed its growth estimates by 1 percent and 2 percent, respectively for FY21 and 22E. Also given the deeper than expected OPM cut in Q1, it has moderated the OPM estimates by 60bps/40bps respectively for FY21/22E. … [Read more...] about TCS share price declines on Q1 numbers; CLSA raises target