nbcc

ICICI Direct’s Top Momentum Picks: NBCC, HPCL; sees 8% upside in 30 days

by
ICICI Direct’s Top Momentum Picks: NBCC, HPCL; sees 8% upside in 30 days

Equity benchmarks rebounded strongly as concerns about a US recession diminished, buoyed by the latest economic data. The Nifty index gained over half a percent in today’s trading session, following a 0.13 percent rise in the previous session and a 1.65 percent rally on Friday. ICICI Direct Technical Outlook – Nifty ICICI Direct’s technical analysis … Read more

Budget 2024: Infra thrust to push railways’ capex by 76% in 5 years; IRCON, NBCC among top picks

by
Budget 2024: Infra thrust to push railways' capex by 76% in 5 years; IRCON, NBCC among top picks

While unveiling the Interim Budget 2024 on February 1, Sitharaman announced an 11.1 per cent increase in capital expenditure (capex) for fiscal year 2024-25 (FY25), raising the allocation to ₹11.11 lakh crore to develop infrastructure projects. The infra-capex allocation was double the allocation 10 years ago. The key infra sectors including railways, road transport, and … Read more