GIFT Nifty Futures: Dalal Street is set to make a muted start on Friday (first day of the June series) as Asian shares weak. At around 8:16 am, GIFT Nifty futures traded flat with a positive bias at 24,948.5. In the previous session, in a highly choppy trade on the weekly and monthly expiry, headline indices after…
Balrampur Chini shares are set to be in focus on Wednesday’s (May 28) session on Dalal Street. On Tuesday, the company signed an agreement with the Government of Uttar Pradesh to establish a 250 TPD polylactic acid (PLA) plant at its Kumbhi Chini Mills unit in Lakhimpur Kheri. According to the company, it has signed…
The ceasefire announcement between India and Pakistan may have pulled Dalal Street out of panic mode, but the undercurrent of caution remains strong. Monday’s massive 4 per cent rally showed that fears of an immediate war have eased—but experts warn that such peace moves from Pakistan should always be viewed with suspicion. One can never…
Mumbai: Valuations have been the big buzzword on Dalal Street for a while now but its suddenly gaining momentum. These days every conversation begins with the P/E ratio (price to earning ratio, which compares the current price of the share with its per share earnings) and ends with a loud proclamation that the valuations look…