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What is your trading view for Thursday 06 May? Do you recommend to stay out of the market for now?

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diksha shah answered.
18 hrs ago
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The story on Wednesday was all about the special stimulus announced by the RBI governor to boost the economy. In the aftermath of the stimulus, the Nifty gained 121 points on Wednesday as the liquidi ...(Read more)
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What does Bajaj Finance plan to do by foraying into digital wallets?

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Sam Eswaran answered.
18 hrs ago
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Bajaj Finance has recently got approval from the RBI to launch its own digital wallet. Bajaj Finance can issue and operate semi-closed prepaid payment instruments or PPIs with perpetual validity. It ...(Read more)
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What is the reason for the sharp rally in Aarti Industries?

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Tisha Malhotra answered.
17 hrs ago
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Aarti Industries is one of the leading specialty chemicals companies in India with a leadership position in the production and sale of Benzene. It hit a new high of Rs.1787 on 05 May after it announc ...(Read more)
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Why were the stock market indices so excited after the RBI governor speech in the morning on 05 May?

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Sam Eswaran answered.
17 hrs ago
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On 05 May, the RBI governor announced a slew of measures to soften the impact of COVID resurgence, which has already taken a toll with joblessness at 7.97%. RBI announced COVID funding package of Rs. ...(Read more)
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Why have international oil prices moved back to $70/bbl in this week?

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Moii Chavate answered.
17 hrs ago
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Oil prices rallied for the third day in succession as Brent Crude inched closer to $70/bbl. The big trigger was the easing of lockdowns in the US and Europe which promises to boost demand for crude o ...(Read more)
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Why has government asked banks to be careful about global assets?

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Moii Chavate answered.
17 hrs ago
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This pertains to the Cairn case and the favourable arbitral court ruling they have got. Indian government instructed PSU banks to ring-fence and protect their dollar deposits after Cairn Energy PLC t ...(Read more)
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Why has S&P downgraded India’s growth estimates for FY22?

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Tisha Malhotra answered.
17 hrs ago
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S&P Global Ratings cut India's GDP growth forecast for FY22 to 9.8% from its original forecast of 11% due to the possible impact of COVID resurgence. According to S&P, this resurgence could d ...(Read more)
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Hi Diksha, I bought Tata Power and Mazagon Docks lower so am in profits? Can I exit them and any new stocks to buy?

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diksha shah answered.
18 hrs ago
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For Thursday, I am not really suggesting any changes to the portfolio for the time being and am asking to hold on to positions as you are a lot lighter. For Tata Power and for Mazagon, the prospects ...(Read more)
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