Page 27 - Deepak Nitrite News Today

A soaring stock market propelled the combined wealth of members of the 2021 Forbes list of Indias 100 Richest to a record US$775 billion, after adding $257 billion – a 50 per cent rise – in the past...

Mukesh Ambani retains top spot, Gautam Adani at No 2 on Forbes 2021 list of India's richest

A soaring stock market propelled the combined wealth of members of the 2021 Forbes list of Indias 100...

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HCL founder Shiv Nadar, D Mart founder Radhakrishan Damani, Serum Insitute of India founder Cyrus Poonawalla secured the 3rd, 4th and 5th positions respectively.

A soaring stock market propelled the combined wealth of members of the 2021 Forbes list of Indias 100 Richest to a record US$775 billion, after adding $257 billion -- a 50 per cent rise -- in the past 12 months.In this bumper year, more than ...

The multibagger stock has surged from Rs 808 to Rs 2,753.7. It has gained 185 per cent since the beginning of this year and has risen 241 per cent in the past year.

“We have been positive on a few themes like specialty chemicals, API and technology but are always careful about valuations.”

Nestle India: The FMCG major reported a 10.68 per cent increase in its net profit to Rs 538.58 crore for the second quarter ended June 30, driven largely by an increase in sales volume of key products. The company, which follows the January-December financial year, had posted a net profit of Rs 486.60 crore in the corresponding period last year. Maruti Suzuki India: The countrys largest carmaker MSI reported a consolidated net profit of Rs 475 crore for the first quarter ended June 30. The auto...

What should investors do? Nifty is expected to consolidate until it breaches 15,660 or 15,915 on either side. Traders can look to buy ATM (at the money) call options near support levels for Nifty targets of 15,850/15,915. Positional traders can initiate a short strangle in July monthly expiry with 15,500 Puts and 16,000 Calls, combined premium of which is around Rs 175. One can maintain a stop loss of 16,200 and 15,300 for the strangle. The sectors which are exhibiting strength are PSUs, pharma...