Dalal Street: Dalal Street Week Ahead: Market to stay highly stock specific

In the previous technical commentary and forecast, it was anticipated that this week may see some ranged consolidation. It was also expected that such consolidation may have ranged moves and some profit-taking bouts from the higher levels. However, the downsides were expected to stay limited. While dancing exactly to these tunes, the markets spent the … Read more

Funds continue pulling out of CBOT corn as futures stay under pressure -Braun

Breadcrumb Trail Links PMN Business Author of the article: Article content NAPERVILLE — Speculators have sold Chicago corn in 11 of the last 13 weeks after maintaining huge long positions for the better part of two years, and now their bullish bets are just one-third as large as the year’s high. Last week’s story was … Read more

Dalal Street Week Ahead: Market to stay highly stock-specific

The markets had a strong week much on the expected lines. In the previous weekly note, it was categorically mentioned that the markets may resume their up move after a brief period of consolidation. Over the past five sessions, the markets continued to inch higher as they got stronger in the process. And with the … Read more

Loan officers can expect signing bonuses to stay but shrink

Although leaner margins will drive down loan-officer signing bonuses, they remain a key piece of lenders’ plans to source talent, according to a new Stratmor Group report.   In a profession where personal branding is valued as much as, if not more, than company affiliation, it’s no surprise mortgage companies use bonuses to recruit top producers, … Read more

Maharashtra govt lifts stay on Mumbai Metro car-shed in Aarey Colony

The Maharashtra government on Thursday vacated the ‘stop work’ order on the contentious car-shed for the Mumbai Metro 3 at the Aarey Colony. The stay was given by former Chief Minister Uddhav Thackeray, barely 24 hours after he assumed office on November 28, 2019, later declared around 800 acres … Read more

ESPN will stay part of cable bundle for some time – Variety (NYSE:DIS)

Valerie Loiseleux/iStock Unreleased via Getty Images ESPN (NYSE:DIS) is likely to remain a mainstay in cable bundles, even amid an ongoing sea change in consumers’ streaming habits and an increasing push into sports rights from direct-to-consumer services. “I know there are a lot of people that still want ESPN in that traditional ecosystem,” Disney’s Jimmy … Read more

India’s FY23 growth forecast cut to 7%, RBI to stay hawkish: FICCI

MUMBAI (Reuters) – The Indian economy is expected to expand 7% in fiscal 2022/23, slower than a previous estimate of 7.4% and the central bank’s 7.2% projection, according to a survey by India’s leading industry body. The Federation of Indian Chambers of Commerce and Industry’s (FICCI) quarterly survey, released … Read more

IT stocks outlook: IT stocks to stay under pressure in the near term: Morgan Stanley

Mumbai: Morgan Stanley said continued headwinds and earnings downgrade cycle in the information technology sector have rendered the risk-reward unfavourable in the near term. The brokerage has downgraded Wipro and while selectively remaining overweight on , and . “Near-term headwinds and lack of catalysts could keep sector performance under pressure,” said Morgan Stanley. The IT … Read more