RBI MPC Meeting: What does Indian stock market expect from the upcoming meeting?

Brokerage firm Emkay Global Financial Services, said, in a note, that there are enough reasons for the RBI to depart from its recent guidance, deliver a further 25bps easing in October, and adopt an open-ended policy approach/guidance for more easing ahead.   The Reserve Bank of India (RBI) has started its three-day Monetary Policy Committee…

Online Gaming Bill: Govt to ban all ‘money-based gaming transactions’, say sources

Under the Bill, no bank or financial institution will be allowed to permit transfer of funds for online money gaming. The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved the Online Gaming Bill, which makes online betting a punishable offence. Sources told Business Today TV that the government will ban all “money-based…

Union Bank, Balrampur Chini & Aavas Financiers: Axis Securities shares weekly technical picks

Axis suggested weekly technical stock picks with a potential upside of up to 20 per cent.   Axis Securities said the benchmark Nifty50 saw profit booking around the 23,800 zone recently. For the week, the domestic brokerage expects the index to trade within a broader range of 24,250-23,000 while sub-index Nifty Bank could trade within the…