Market veteran Sushil Kedia believes that the current pullback in the Nifty and Bank Nifty indices should be seen as a buying opportunity. Kedia noted that the Nifty recently touched a strong resistance level of 23,150, a level anticipated for the past three weeks, which led to a reversal. "Nifty kissed its tight resistance of 23,150, and it made a reversal behavior," he observed. The lack of stre...

Mamaearth’s parent firm Honasa Consumer Ltd, co-founded by Shark Tank fame entrepreneur Ghazal Alagh, has filed DRHP for an IPO to raise up to about Rs 3,000 crore for existing selling shareholders and fresh issue, according to reports. Honasa Consumer is the owner and operator of personal care brands such as Mamaearth, BBlunt and The Derma Co. Honasa’s IPO will consist of a fresh issue of sha...

Here's the list of top 10 stocks that will be in news today:HCL Technologies: The IT service provider posted a net profit of Rs3,283 crore in the June quarter, up 2.4% from a year ago, but below Bloomberg consensus estimates of Rs3,322 crore. The company’s net profit was down 8.6% quarter-to-quarter, while revenue increased 3.8% in the same period. June quarter revenue rose 17% from a year ago...

The Indian economy is likely to grow by 9.2% in FY22, according to the National Statistical Office’s (NSO’s) first estimate of gross domestic product (GDP) growth for the financial year. This is lower than the Reserve Bank of India’s forecast of 9.5% and points to a slower growth for the country in the second half of FY22.However, the Indian stock market isn’t perturbed. The new year has b...

Olympic medallist wrestler Sushil Kumar's judicial custody has been extended by the Delhi court till June 25. Kumar was arrested last month in connection with the alleged brawl at Chhatrasal Stadium in which a young wrestler diedHe was produced before Metropolitan Magistrate Reetika Jain at the end of the nine-days judicial custody.He, along with his associates, allegedly assaulted Sagar Dhankar a...