On the daily chart, we observe that Nifty has recently bounced back from the lower end of a downward-sloping channel. So while there is a possibility of a pullback rally emerging, we must remember that the intermediate trend remains down. This intermediate downtrend will continue if the recent low of 16,850 is broken. A pullback rally is likely if the Nifty can take out the immediate resistance of...

Having delivered strong revenue growth driven by both volume and pricing power for the last three–four quarters, specialty chemicals companies in Edelweiss' coverage might face moderation in Q1FY23 as prices are now stabilising, the brokerage said in a note. “Since input prices have started softening in the wake of softer crude and palm oil prices, revenue growth is likely to moderate. Margin...

Nifty futures on the Singapore Exchange traded 342 points, or 1.98 per cent lower at 16,922, signaling that Dalal Street was headed for a negative start on Thursday. Here are a dozen stocks which may buzz the most in today's trade:Indus Towers, PNB, Canara Bank NSE 5.60 %: Indus Towers, Punjab National Bank, Canara Bank, Colgate Palmolive (India), Dalmia Bharat, Coforge, Laurus Labs, CG Power, ...

NEW DELHI – Shares of SRF NSE -4.63 ?clined along with benchmark indices on Thursday, with the stock shedding around 4.5 per cent in early trade as a 56 per cent increase in the chemical firm’s consolidated net profit to Rs 506 crore for the quarter ended December failed to cheer investors. Its net profit stood at Rs 324 crore in the year-ago period.The counter tumbled to a low of Rs 2,359.5...