The domestic market has been on a downward spiral since the last 10 sessions, with the BSE Sensex missing 68,000 and Nifty 50 skipping 20,000-mark. Both the indices have broken short-term support of the 21-simple moving average (SMA), reflecting mild selling pressure. However, a few selective stocks still continue to display spirited trend,… Continue reading 5 stocks that you can buy now for the long-term
Tag: longterm
Street positive on long-term capex plans of Power Grid Corporation
Despite enduring a weak first quarter of the 2023-24 financial year (Q1FY24), Power Grid Corporation (PGCIL) has laid out an ambitious capex plan going forward. It is looking to invest around Rs 1.8 trillion on an existing asset base of Rs 2.7 trillion to aim at keeping over 50 per cent market share in… Continue reading Street positive on long-term capex plans of Power Grid Corporation
Petronet eyes lower prices under renewed long-term deal with Qatar
By Nidhi Verma NEW DELHI (Reuters) – India’s Petronet LNG hopes to extend its long-term gas import deal with Qatar at lower prices than those offered by the world’s top liquefied natural gas (LNG) exporter in recent deals with China and Bangladesh. Indications are that the deals have been done at a… Continue reading Petronet eyes lower prices under renewed long-term deal with Qatar