Latest Stories of Sunil Fernandes
Impact Of The US Federal Reserve Rate Hike On The Indian & Global Economy
Sunil Fernandes
| Thursday, July 27, 2023, 10:47 [IST]
The US Federal Reserve Open Market Committee raised its funds rate by a quarter percentage point to a target range of 5.25%-5.5%. When the US Federal Reserve raises interest also called the federal funds rate, it acts as a reference for ...
How Gold Prices Are Impacted When The US Federal Reserve Hikes Interest Rates?
Sunil Fernandes
| Thursday, July 27, 2023, 09:43 [IST]
Let's begin by first understanding what is the Federal Funds Rate or the interest rate set by the US Federal Reserve. When the US Federal Reserve raises interest also called the federal funds rate, it acts as a reference for the ...
Adani Group Balance Sheet, Cashflows Continue To Get Stronger: Gautam Adani
Sunil Fernandes
| Tuesday, July 18, 2023, 11:51 [IST]
Adani Group balance sheet, assets, operating cashflows continue to get stronger, Gautam Adani, Chairman of the Adani group said while addressing shareholders at the Annual General Body Meeting (AGM). "The pace of acquiring businesses and turning them around is unmatched across ...
India, UAE Rupee-Dirham Trade Pact: 5 Advantages From The Deal
Sunil Fernandes
| Tuesday, July 18, 2023, 11:42 [IST]
The Reserve Bank of India (RBI) and the Central Bank of UAE agreed to allow exporters and importers from either side to invoice and pay in their respective domestic currencies. Let us tell you some quick advantages of the same. 1. ...
ICICI Securities Places A Buy On This Construction Stock, Sees 30% Upside
Sunil Fernandes
| Sunday, July 16, 2023, 03:00 [IST]
Brokerage firm, ICICI Securities has placed a buy on the stock of NCC with a target price of Rs 170, suggesting an upside of 30% from current levels. Strong order book position According to ICICI Securities, NCC has a strong order ...
2 Stocks From The IT Sector Where HDFC Securities Has A “Buy” Call
Sunil Fernandes
| Sunday, July 16, 2023, 02:00 [IST]
HDFC Securities has placed a "buy" call on the stocks of Persistent and LTI Mindtree in its latest brokerage report on the IT sector. The brokerage firm has set a target price of Rs 5830 on the stock of LTI Mindtree ...
7 Stocks With Dividends Of Upto 1800% To Go Ex-Dividend In August
Sunil Fernandes
| Sunday, July 09, 2023, 02:00 [IST]
Weak global cues and profit booking in domestic equities dragged key indices down. Nifty opened lower and remain in negative territory throughout the session to close near the day's low with a loss of 166 points (-0.8%) at 19332 levels. Broader ...
9 Quality Stocks Trading Below 200-Day Moving Averages
Sunil Fernandes
| Sunday, July 09, 2023, 01:00 [IST]
The Sensex and the Nifty continue to trade at peak levels, with the Sensex now well above that 65,000 points mark. However, there are some stocks that are laggards. Here are a few that are now trading below their 200-day moving ...
This Large Private Bank Hikes Deposits Rates, Now Offers 8.25% Interest
Sunil Fernandes
| Sunday, July 09, 2023, 00:30 [IST]
The last few weeks has seen several banks revising their interest rates and making adjustments based on their own needs. Some have raised fixed deposit interest rates while others have marginally reduced rates. Joining the list of banks that have adjusted ...
5 Stocks That Will Go Ex-Bonus From July 14 To July 29
Sunil Fernandes
| Saturday, July 08, 2023, 09:50 [IST]
The month of July has been a good month for stock holders, who are holdings shares of companies that have declared a bonus issue of shares. Here are 5 companies that will go ex-bonus in the month of July from July ...
2 Adani & 1 Tata Group Stock Trading Close To 52-week Lows
Sunil Fernandes
| Saturday, July 08, 2023, 06:00 [IST]
There are several stocks that are trading close to 52-week lows, and among these include one Tata Group stock and two Adani Group stock. Let's take a look at the list. NameCurrent market priceDistance from 52-week lows Adani ...
3 Stocks To Buy: ICICI Securities’ Top Picks From The Real Estate Sector
Sunil Fernandes
| Saturday, July 08, 2023, 04:00 [IST]
ICICI Securities has a buy call on the stocks of Sobha Developers, Mahindra Lifespace and Phoenix Mills from the real estate sector. For Phoenix Mills the brokerage has revised its target upwards. Buy Phoenix Mills with a price target of Rs ...