Technical stocks to watch out for on Monday Technical stocks to watch out for on Monday Vinayak Gangule / Sunday, July 26, 2020 0 1882 Article rating: 3.6 The stock is meeting Daryl Guppy’s multiple moving averages set-up rules as it is trading above both the short and long-term moving averages. Talking about the indicators, the 14-period RSI on the daily timeframe has marked a fresh 14-period high and is trading above its previous swing high. Read more
ICICI Bank profit rises 36 per cent YoY for Q1FY21 ICICI Bank profit rises 36 per cent YoY for Q1FY21 Chinmayee D / Saturday, July 25, 2020 0 1345 Article rating: 4.2 Net interest income (NII) came in at Rs 9,279.75 crore, which witnessed a growth of 19.9 per cent YoY, compared to Rs 7,737.43 crore in Q1FY20. Read more
RBI financial stability report: Bank asset quality to deteriorate in FY21 RBI financial stability report: Bank asset quality to deteriorate in FY21 Henil Shah / Saturday, July 25, 2020 0 2196 Article rating: 4.0 Reserve Bank of India (RBI) conducted a stress test suggesting that the COVID-19 pandemic could lead Indian banks’ gross NPA to its two-decade high. Read on to find out more. Read more
Chennai Petroleum Corporation Q1FY21 results; consolidated net profit rises by 217.7 per cent to Rs 269.9 crore Chennai Petroleum Corporation Q1FY21 results; consolidated net profit rises by 217.7 per cent to Rs 269.9 crore Chinmayee D / Friday, July 24, 2020 0 1844 Article rating: 3.1 The consolidated net sales reported in Q1FY21 came in at Rs 5,940.92 crore, which declined by 53.31 per cent YoY from Rs 12,723.86 crore in Q1FY20. Read more
Hindalco Industries gives channel breakdown Hindalco Industries gives channel breakdown Vinayak Gangule / Friday, July 24, 2020 0 5120 Article rating: 3.6 On Friday, the stock has given a breakdown of the upward sloping trendline of the rising channel, which suggests a correction before another northward journey. This breakdown is confirmed by a relatively higher volume. Read more