- Will oil prices surge to $380 or slump to $45—What JP Morgan, CITI reports say?
- Bajaj Finance stock jumps 3% after quarterly update; what should investors do? Check brokerage views, target prices
- Stocks to buy: Sanjiv Bhasin picks Wipro, Tata Chemicals, Adani Ports, Coforge for gains today; Here's why
- LPG Price Hike: Domestic LPG cylinder price hiked by Rs 50; Check new rates in Delhi, Mumbai, Kolkata, Chennai
- Government notifies procedural changes in GST rules - details here
Budget 2021
Atul - Mixed Q3, strong recovery expected; maintaining a Buy says Anand Rathi
Mon, Feb 01, 2021
Atul’s Q3 revenue fell 8.5% yoy, 4.9% qoq impacted by lower exports supported by strong recovery in the domestic market. Ahead, we expect strong recovery considering its greater focus on retail and branded products, ongoing capex to support revenue growth and strong performances across business verticals, subsidiaries, associates and JVs. Anand Rathi maintains a Buy recommendation, at a same target of Rs 7500 (25x FY23e EPS).
More >
Nirmala Sitharaman again opts for 'Bahi-Khata' for Budget
Mon, Feb 01, 2021
Finance Minister Nirmala Sitharaman on Monday used her trademark 'Bahi-Khata', a ledger wrapped in a red-coloured cloth, to carry Budget documents as she arrived in Parliament House to present her third straight Budget.
More >
Budget 2021-22: Key numbers to be watched
Mon, Feb 01, 2021
Finance Minister Nirmala Sitharaman will be presenting her third Budget in a short while from now. Here are the key numbers to watch out for in the Budget for 2021-22, which is widely expected to be a "economic vaccine" for the pandemic-battered economy.
More >
IRCTC Share Price Target 2021: Experts predict 50 pct rise on budget 2021 infra push, give 'money making shares to buy' tag; should you buy?
Mon, Feb 01, 2021
IRCTC Share Price Target: On account of COVID-19 unlock fueling Indian Railway Catering and Tourism Corporation (IRCTC) business in FY 2021-22 and speculations about Finance Minister Nirmala Sitharaman announcing big in rail infra sector, the IRCTC is expected to get more moolah in the coming financial year.
More >
PPF account: Lesser known and interesting facts about your Public Provident Fund that you must not miss
Mon, Feb 01, 2021
Public Provident Fund is a saving instrument of the government of India that comes with a lock-in period of 15 years. Minimum amount required for investment is Rs 500 . The interest rate is fixed and paid by the government every quarter.
More >
Market Guru in talk with RJ Salil Acharya of Radio City: People can invest in L&T and SBI Life
Mon, Feb 01, 2021
Anil Singhvi, Managing Editor, Zee Business, says, there should be something good for the insurance sector in the budget. During a candid radio chat with RJ Salil Acharya, Radio City, 91.1 FM, Mumbai, Mr Singhvi said, people, can invest in L&T and SBI Life. He added, 2021 is going to be better for L&T
More >
Budget 2021 LIVE: Big announcements! LIC IPO, Income Tax, manufacturing, textile, railways and more - All details here
Mon, Feb 01, 2021
Budget 2021-22 LIVE Updates: Finance Minister Nirmala Sitharaman has promised a never before like Union Budget 2021 as the Modi government looks to give a further boost to the Indian economy.
More >
Bajaj Auto: Encouraging outlook says HDFC Securities, Maintain BUY with Rs 4250 target price
Mon, Feb 01, 2021
Bajaj Auto’s Q3 FY21 PAT (+24/37% YoY/QoQ) beat was driven by strong profitability (EBITDA margin came in at 19.4%, +150/170bps YoY/QoQ). HDFC Securities have recently upgraded Bajaj Auto to a BUY on the back of a firming recovery. Bajaj Auto’s management expects double-digit growth in FY22 in the domestic 2W market while export demand will remain healthy, driven by low-system inventories.
More >
Nirmala Sitharaman dons red sari for budget 2021 presentation
Mon, Feb 01, 2021
For her third budget presentation, Union Finance Minister Nirmala Sitharaman kept her look simple, donning a crisp red-coloured sari with off-white detailing and gold border. She completed her look with a gold chain and bangles and tiny earrings.
More >
TCS, Infosys, HCL Tech to Mindtree, Mphasis to Persistent, HDFC Securities thematic report on Indian IT Sector
Mon, Feb 01, 2021
HDFC Securities continue to maintain their positive outlook on the sector, following our relative optimism through last year (expanding centre of gravity: Aug’20, demand recovery in sight: Jun’20, built to last: Mar’20) and earlier. In this note, HDFC Securities examine key trends and growth prospects (top-down scenarios and long-term trends) and assess upside risk to the operating profile (margin sensitivity across key parameters).
More >
Gold Price Today – MASSIVE increase in MCX Silver price, up by Rs 4000; Gold up around Rs 200, Know trading strategy before budget
Mon, Feb 01, 2021
On Budget 2021 day, MCX March Silver Futures were up by almost Rs 4000, trading at Rs 73,684 per kg. Meanwhile, MCX April Gold Futures were up by almost Rs 200, trading at Rs 49,515 per 10 gm around this time. What should the investors in Gold and Silver do just before the Budget 2021. Expert Anuj Gupta gives complete strategy
More >
Budget 2021 will be in accordance with people's expectations, says Anurag Thakur
Mon, Feb 01, 2021
Union Minister of State for Finance Anurag Thakur on Monday asserted that the budget 2021-22 will be in accordance with people`s expectations and added that the government is working towards a self-reliant India and making its economy grow.
More >
SBI, Hero Moto, Asian Paints, Escorts, Polycab, Dixon Tech to Amber Enterprises II Policy reforms likely to continue even with limited fiscal space says Axis Securities
Mon, Feb 01, 2021
Even as past budgets have disappointed the equity markets more often, the finance minister has promised a landmark budget for FY22. Whether landmark or not, the FY22 budget will be historic in the face of an unprecedented pandemic which has caused great economic loss. India has managed the pandemic much better than many developed economies and the cost borne by the government has been manageable.
More >
