American Market News for 25 Jul 2017
The paint giant's shares look like a one-way bet. Weak growth makes a fresh takeover bid from U.S. peer PPG ever more probable.
NTAP Stock: A Bull Market in Development I am returning to focus on NetApp Inc. (NASDAQ: NTAP) stock because the price action since February of last year has been a beautiful spectacle to see, and it... serves as perfect textbook example of what bullish price action should look like. The price action and number of technical indicators on the NetApp stock chart are suggesting that the bullish move towards higher prices is set to continue and, therefore, the only view that is warranted on NTAP stock is a bullish one. Before I move forward and outline these developments, it is worth noting that my views on NetApp stock have been generated using the method of. The post This Is Why NetApp Stock Is Geared for Higher Stock Prices appeared first on Profit Confidential.
The Japanese tech giant is spreading its bets on the market. Its returns may depend on big changes in consumer behavior.
Even as the Nifty hits 10, 000 and retreats, analysts warn about market valuations
After a 47% rise for the Nifty over the last 17 months, investors might well take a pause to reassess the situation
BZUN Stock: Bullish Trend Acceleration I am focusing on Baozun Inc (ADR) (NASDAQ:BZUN) stock once again because it is up by a considerable amount since my June 9 report on this company, which was... titled "Baozun Stock Is Perfectly Aligned for Further Gains." This is my version of a victory lap. I'm quite proud, because BZUN stock has gone up 47% in the span of six-and-a-half weeks. This raises the question: "How long will the rally continue before a correction ensues?" My ability to correctly suggest whether a stock is set to appreciate or depreciate. The post Watching These Influential Baozun Stock Indicators appeared first on Profit Confidential.
In Delhi, gold of 99.9% and 99.5% purity advanced Rs90 each to Rs29,400 and Rs29,250 per 10 grams respectively.
Five Nifty stocks that made bumper gains include Indiabulls Housing, Bharti Infratel, Hindustan Unilever, Adani Ports and Maruti Suzuki
The Nifty 50 index breached the 10,000 mark on Tuesday for the first time ever. Here are five charts that track its ascent
Shares of Idea Cellular jumped 7% on Tuesday after CCI approved its merger with Vodafone India in a $23 billion deal
Salasar Techno Engineering made a stellar debut at the bourses on Tuesday with over 150% increase from its issue price of Rs108
Justdial will buy back equity shares for up to Rs84 crore from its shareholders at a price not exceeding Rs700 per share
Global gold prices remain almost static on Tuesday, hours ahead of the Federal Reserve's rate-setting two-day committee meet
Nifty crosses 10,000 mark as foreign and domestic institutional investors continue to buy in the local equity markets on hopes of more reforms
The Nifty hit 10,000 points, while BSE Sensex continued its record-setting spree on Tuesday. Here are the latest updates and developments from the markets
At 9.15am, the rupee was trading at 64.37 a dollar, down 0.05% from its Monday's close of 64.34
In other news, India's antitrust regulator has approved the merger of Vodafone Group Plc's Indian unit with Idea Cellular Ltd
United Spirits sales were down by 12.7% to Rs1,782 crore in the June quarter, over a year ago
Kansai Nerolac's double-digit volume growth helped it clock a revenue growth of 11.15% y-o-y to Rs1,320.67 crore, beating analysts' estimate of Rs1,127.40 crore
Demand in China, which produces half the world's steel, has been surprisingly strong this year and the country closed some plants to ease a glut that had spread across the globe
Ambuja Cements average realization improved 6% y-o-y and 11% sequentially, aided by a substantial price recovery in western India, where the firms sells over 40% of its output