Citi On Indus TowersBuy Call, Target At `485/ShVodafone Group Plc To Sell Its Balance 3% Stake In Co, Est Total Sale Proceeds At `2,700-2,800 CrAfter Repaying Outstanding Borrowings Of $101 m, Est Residual Proceeds At `1,900-2,000 CrResidual Proceeds Would Then Be Infused As Equity By Vodafone Plc Into Voda IdeaVoda Idea Will Use Proceeds For Clearing Its Past Dues To IndusThe Amount Adds Up To `7...

Buy Ideas for Short TermThe benchmark indices rallied seven-tenths of a percent, marking a good start to the week on October 14, after consolidating last week. On the breadth, about 1,288 shares declined compared to 1,251 shares that advanced on the NSE. The Nifty 50 is likely to continue its upward rally given the beginning of momentum and a fall in volatility. Below are some trading ideas for th...

The lackluster trade continued in the market for three consecutive days, with the Nifty 50 closing lower by 0.14 percent on October 11. The breadth was slightly positive, with about 1,287 shares advancing compared to 1,214 shares declining on the NSE. The index is expected to consolidate with a positive bias as long as it defends the rising support trendline. Below are some trading ideas for the n...

The rupee seems to be caught in a vicious cycle. Sustained foreign portfolio outflows have exacerbated the rupee’s fall and the currency’s depreciation, in turn, has led to a flight of capital.FPIs have net sold equities worth $21.8 billion since the war broke out between Russia and Ukraine on February 24. Net sales in the year to date is nearing $30 billion and is already the highest for any ...

The Indian Rupee is likely to depreciate further amid worsening global scenario and pressure on the domestic assets. The steps taken by RBI could definitely have a short-term psychological positive impact on foreign fund inflows but the worries remain intact as long as capital outflows counties and the trade deficit widen. Rupee declined against the US dollar on Thursday as the hawkish stance of t...