Q) Devkant Richa Sharma: What is the view on ONGC, and Essel Propack?Vishal Wagh: ONGC is trading around its 50-Days EMA, and one should hold it with a stop loss below Rs 77. If it able to hold above the 50-Days EMA, a move towards Rs 90 cannot be ignored. … [Read more...] about Ask Moneycontrol: Experts answer reader queries on IOC, ONGC and other stocks
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Gold loans require very little paperwork and are quickly processed to ensure you can meet your immediate expenses with ease. For instance, with HDFC Bank you can get a gold loan within a mere 45 minutes with minimal documentation and transparent charges. In addition, HDFC Bank gold loans start at Rs 25,000 and offer tenures ranging from 3 months to 24 months. Not only does the bank offer an affordable rate of interest but provides flexible repayment options to make it much easier to repay the loan over time. For instance, you can choose a regular EMI option or repay the entire loan amount at one go at the end of the loan tenure. Alternatively, you can choose the overdraft facility, wherein you pay interest only on the amount that you utilise. … [Read more...] about How can a Gold Loan help you fulfil all your financial needs on your own?
By putting a variety of new services front and center and intelligently surfacing the one you’ll likely need, Uber hopes to become an everyday necessity—and a profitable company. But the company’s fiscal fate also depends on several unknowns, like whether Uber Eats continues growing after the pandemic and how much longer Uber has to subsidize food orders to convince people to try the service. As critics have pointed out, food delivery isn’t an easy way to make money, and some equities analysts remain skeptical that Eats will ever be a core business for Uber. … [Read more...] about Exclusive: Inside Uber’s billion-dollar bet to deliver food, people, and everything else
“Market sold off aggressively and value is beginning to emerge in a lot of pockets especially the one which got rapidly sold off, but we have to keep in mind that the economic recovery is still some time away and in the meantime we could see some of these trading rallies,” Nilesh Shah - MD & CEO - Envision Capital said in an interview with CNBC-TV18. … [Read more...] about Sensex jumps over 2,400 points; 4 factors which fuelled the rally
The trend of investing in US markets to diversify the portfolio is likely to grow stronger. More than Rs 6,000 crore of investors’ money is riding on the US markets. Indian investors have for long preferred the popular FAANG stocks but now they have added M to the alphabet soup. FAANG refers to the stocks of five prominent American technology companies-- Facebook, Amazon, Apple, Netflix, and Alphabet (GOOG) (formerly known as Google). Investors have now started adding Microsoft to their portfolio. Microsoft Teams has witnessed an upsurge in usage as most schools and organisation have started using it to organise meetings and impart knowledge. Tesla and Zoom are the other stocks that Indian investors have shown interest in. Read here. … [Read more...] about Moneycontrol Daily: Your Essential 7