Tag Archives: picking

Upside for Nifty likely to remain capped at 12,100; 5 stocks ripe for cherry picking

The upside seems limited, whereas the downside is more apparent, with the broader range for the Nifty might be at 11,700 on the downside while being at 12,100 on the upside, Jayant Manglik, President, Retail Distribution, Religare Broking, said in an interview with Moneycontrol’s Kshitij Anand. Q: The Nifty50 closed the month of May on a strong note above 11,900 ... Read More »

GDP Growth Seen Picking Up To 6.6% In Q1 But GST A Hurdle: Poll

Bengaluru: The country’s economic growth likely accelerated to 6.6 per cent in the quarter just ended, but analysts polled by Reuters are sounding increasingly worried that confusion over the Goods and Services Tax (GST) will dampen activity in coming months. The forecast, from a survey of over 40 economists taken over the past week, compares with growth of 6.1 per ... Read More »

U.S. business spending picking up, but may slow in second quarter

Durable goods are seen on sale in a store in Los Angeles, California, U.S., March 24, 2017. REUTERS/Lucy Nicholson New orders for U.S.-made capital goods unexpectedly fell in February, but a surge in shipments amid demand for machinery and electrical equipment supported expectations for an acceleration in business investment in the first quarter. Manufacturing is recovering from a prolonged slump, ... Read More »