Option strategy of the day | Reversal breakout in Reliance Industries signals upside
Reliance stock faces a minor hurdle around the Rs 3,000 level, which, once surpassed, could take it to Rs 3,100 levels, says an analyst
Source: moneycontrol.com
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Tata Chemicals Share Price Target 2024: Stock Tumbles 10 pc After Major Update on Tata Sons IPO; Here's What Analysts Recommend
Tata Chemicals Share Price Target 2024: Tata Chemicals share price traded at Rs 1,184.60 apiece, down by 9.93 per cent. A total of 7.36 lakh shares changed hands today of Tata Chemicals which is a constituent of S&P BSE 500 index generating a total turnover of Rs 88 crore. , Companies News, Times Now
Source: timesnownews.com
Technical View: Nifty near 21,700 post RBI policy; strong support around 21,500-21,400
The Nifty Bank index failed to hold on the opening gains and ended 1.7 percent lower at 45,012.
Source: moneycontrol.com
polycab i-t raids: Wire on fire! Polycab stock derating looks inevitable after income tax raids
Polycab shares rose 3% on Friday as bottom-fishers took action after a 21% drop on Thursday due to income tax raids uncovering unaccounted cash sales of around Rs 1,000 crore. The company clarified that the income tax department has not named Polycab and there has been no written communication regarding the outcome of the raids. HNIs and institutional investors have sold Polycab shares. Axis Capital reduced the target price due to uncertainties after the raid and expects a multiple derating until the charges are proven otherwise.
Source: indiatimes.com
Polycab I-t Raids: Wire on fire! Polycab stock derating looks inevitable after income tax raids, ET Telecom
Polycab I-t Raids: "The Company understands that there is a press release titled ‘Income Tax Department conducts search operations in Mumbai’ published on January 10, 2024 by Press Information Bureau, Delhi, which does not specifically name any company. The Company reiterates that as on date, the Company has not received any written communication from the IT Department regarding the outcome of the search," Polycab said.
Source: indiatimes.com