LIC shares have been caught in an uptrend, rising for three straight sessions, following a strong set of earnings last week and the announcement of the bonus record date for its 1:1 issue. The PSU stock rose over 2% on Tuesday, taking its three-day rise to 7%. The record date for first-ever bonus issue by…
The India VIX, the fear factor turned more supportive for bulls and it fell by 4.61 percent to 14.02 levels, the lowest level since April 4. Nifty Trend The Nifty 50, as expected, reached 25,200 levels in early trade but could not sustain for long as profit booking pulled down the index to finish flat…
Defence stocks in focus: Kalyani Group manufactures artillery systems, protected vehicles, armoured vehicles upgrade, Ammunition, missiles and air defense solutions and defense electronics. Defence stocks such as Bharat Forge, Hindustan Aeronautics Ltd and Bharat Dynamics Ltd would be in focus on Friday morning after the Modi government reportedly asked defence makers for a meeting as…