Top News Open ended equity mutual funds witnessed inflows of Rs. 18,105 crore in February 2024. The net Asset Under Management (AUM) of the overall mutual fund industry stood at ₹23.12 Lakh crore. Shares of Platinum Industries and Exicom Tele-Systems got listed at a premium of 31% and 86% over issue price ofRead More →
The Securities and Exchange Board of India (SEBI) mandates demat accounts for equity investors, prioritising investor safety and transparent transactions. Demat accounts store shares electronically, facilitating easy trading. However, investors may end up with dormant accounts, incurring maintenance fees if they do not trade on a regular basis. Knowing howRead More →
On Monday, the company approved a demerger proposal, splitting it into two distinct listed entities. The first entity will encompass the Commercial Vehicles business and its associated investments, while the second will include the Passenger Vehicles segment, consisting of PV, EV, JLR, and their related investments. In recent years, TataRead More →
Before Market Opens: Indian markets are likely to open on a positive note on Thursday following a surge in Asian peers as Japan’s Nikkei hit a record high in early deals. Meanwhile, Wall Street also ended higher in overnight deals adding to the positive sentiment. Gift Nifty was trading 55Read More →
Most banking stocks witnessed significant buying activity on Wednesday, March 6, leading to a nearly one per cent increase in the Nifty Bank index. Nifty Bank closed the day at 47,965.40 with a gain of 384 points, or 0.81 per cent. Nine stocks ended higher in the index while onlyRead More →
Currently trading at ₹125, FedFina is down almost 11 percent from its issue price. The stock witnessed a weak debut and was listed on the bourses at ₹137.7 on November 30. The stock has gained around 5 percent in March so far, snapping 3 months of losses. It fell 9Read More →
Before Market Opens: Indian markets are likely to open on a flat note on Wednesday amid a lack of any major cues after Wall Street ended lower in overnight deals. Gift Nifty was trading 34 points lower, indicating a negative start for the benchmark Nifty. Let’s take a look atRead More →
The Nifty FMCG index is down over 5 percent in 2024 YTD as against a 1 percent rise in benchmark Nifty. In the last 1 year as well, the FMCG index has underperformed. It has gained around 20 percent in this period versus a 26 percent jump in Nifty. “TheRead More →
Small-cap and midcap counters faced the brunt of the sell-off, on reports that a concerned market regulator had called for stress tests of mutual funds’ small cap schemes, and stoppage of incremental flows into small-cap schemes by a leading fund house. The Nifty and Sensex fell a little over aRead More →
But the question remains: Is it still a good ‘buy’? Let’s see what technical and fundamental experts have to say. Stock Price Trend Zomato share price has surged over 200 percent in the last one year and over 30 percent in 2024 YTD. In comparison, the benchmark Nifty has advancedRead More →
