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Current Scenario of Metal Sector of India – How It Gets Affected By China’s Industrial Production Dip

The stock market of China has plunged, thus it resulted in the crash of global metal prices that has worsened the revenue outlook for metal producers in India. This is due to the raising repayment concerns that took place in an already debt-laden sector. The experts have commented on this…

List of Top 5 Stocks to Buy In the Month of March

List of Top 5 Stocks to Buy In the Month of March Chennai Petroleum Corporation Limited Chennai Petro is a buy with a stop loss of Rs 355, the target of Rs 372. Chennai Petroleum Corporation Limited is an Indian state-owned oil and gas corporation headquartered in Chennai, India. Titan Company  Titan…

Despite of Government’s Effort to Revive PSU, 18 of Them Remain in Red

It is seen that the government of Jammu and Kashmir had put on efforts to revive the 18 public sector undertakings. The Mehbooba Mufti’s government had put efforts to bring these PSUs on track. However, in spite of such efforts, the PSUs remain in the red. The losses suffered by…

Genus Power Won the Order worth Rs 125cr and Thus Rises 5%

On Thursday, it was observed that the share price of Genus Power Infrastructures gained 5.3 percent intraday. As the company bagged an order worth Rs 125 crore, so immediately the share price gained 5.3 percent intraday. Recently, the Genus Power Infrastructures has received the order for supply, installation, shifting and commissioning of…

Top Buzzing Midcap Stock for the Month of March

It is recommended to keep an eye on Bharti Airtel, Ultratech Cement,  Indiabulls Real Estate, Interglobe Aviation, and Sakthi Sugar. The analysts recommended that Bharti Airtel is in focus on the back of a report by Goldman Sachs. Where they reiterated their buy rating on the stock. However, the Indiabulls Real Estate is buzzing…

Analysts Suggest Buying Jindal Steel with a Stoploss of Rs 228.5 and Target of Rs 242

The technical analysts maintain their buy rating on Jindal Steel. One may buy Jindal Steel with a stop loss of Rs 228.5 and target of Rs 242. Jindal Steel and Power Limited is an Indian steel and energy company based in New Delhi, India. On the other hand, you can sell MRF with…

Brent Crude Falls 45 Cents, Or 0.7 Percent to $64.97 Per Barrel

Brent crude futures were down 45 cents at $64.97 a barrel. The analysts observed that a strengthening dollar that hit a six-day high, however, weighed on oil prices. It is concluded that the robust dollar makes oil and other dollar-denominated commodities more expensive for holders of other currencies. However, since 7the…

US 10-Year Treasury Hits 4-Year High Above 2.9%

In the Mid of February, it is observed that the 10-year treasury yield clawed its way back to a new four-year high after an equity sell-off that it helped cause sent its rate back down. It was found that the yield on the benchmark 10-year Treasury note was slightly higher at 2.860…

Large Numbers of Broking Houses Give Thumbs Up To M&M

Large numbers of brokerage houses informed to stay positive on auto major Mahindra & Mahindra. They cited that it is launching strong line-up of product across various segments. Soon the company is expected to launch, network strengthening measures, increased customer engagement, improving rural sentiment, and favorable macro environment. Various technical…

Oil Leads for More Sway, While Dollar Will Give Near-Term Triggers

Last week it was noticed that the crude oil prices see-sawed in a range before finishing higher. It was because the number of US oil rigs fell for the first time in seven weeks. It pointed a potential slowdown in domestic oil output. It is estimated that the risk-off move…