Rajesh Palviya, Axis Securities, shared his outlook on the markets and trading strategies amid heightened volatility. He noted that uncertainty stemming from global cues, particularly comments from US President Trump, has kept investors cautious despite several reform-driven announcements from the Indian government. According to him, the Nifty has breached crucial support zones, specifically the 61%…
Shares of Indian automotive companies surged on September 23 as robust demand for two- and four-wheelers boosted the sector, cushioning broader market weakness. The Nifty Auto index rose nearly 1.5 per cent, led by Maruti Suzuki, Eicher Motors, Tata Motors, M&M, and Hero MotoCorp, alongside consumer finance NBFC Bajaj Finance. Top Gainers: Maruti, Tata Motors,…
Auto stocks rally today: Auto stocks soared on September 8 after several leading automakers announced substantial price cuts, following the GST Council’s decision to reduce taxes on a range of vehicles. The move sparked investor optimism and sent the Nifty Auto index climbing over 1.5 per cent in morning trade, reaching 26,718, making it the…
According to market expert Anil Singhvi, the government’s recent GST reforms amount to a mini budget, delivering one of the biggest tax relief packages since the 2019 corporate tax cuts. These sweeping GST rate reductions cover almost all sectors where relief was expected and promise to stimulate consumption, business growth, and market confidence. “This is…
Anil Singhvi Stock Picks: Zee Business Managing Editor Anil Singhvi has shared a list of buy calls for traders for profit booking. The shares that he has picked are from the sectors that are likely to get benefitted from the government’s likely GST reforms which aim to make products like two-wheelers, compact cars, and insurance more…