Sharing the multi asset allocation strategy for this year, domestic brokerage and Axis Securities in a note said that it has maintained its ‘Overweight stance on equities whereas continues the Neutral stance on Gold. Further, it has suggested to have a quality approach for bonds. Axis Securities’ recommendation on assetRead More →
Among group stocks, Adani Total Gas, Adani Enterprises, Adani Green Energy and Adani Transmission were the biggest losers since the 24 January release of the Hindenburg Research report alleging accounting fraud and stock manipulation. View Full Image Graphic: Mint Adani Enterprises, a member of the Nifty index, plunged 26.5% toRead More →
NEW DELHI : The Adani saga continued to weigh on investor sentiments keeping the markets volatile despite global cues turning positive and a favourable budget. The Sensex fluctuated 792 points and the Nifty 137 points intraday respectively before managing to close with some gains of 0.38% and 0.03%, respectively. “TheRead More →
Finance minister Nirmala Sitharaman’s budget speech was all of 13,761 words, a little over two-fifths longer than her speech in 2022. Here are the major points of the budget. Personal income tax The big move here was the increase in the rebate limit to ₹7 lakh under the new taxRead More →
Where Are Stocks, Bonds and Crypto Headed Next? Five Investors Look Into Crystal Ball Read More →
NEW DELHI : Hindustan Zinc Ltd’s (HZL) performance for the quarter ending 31 December was impacted by lower zinc prices and cost pressures. The street’s focus, however, has been on the company’s announcement on acquisition of Zinc International assets from parent Vedanta Ltd. Though analysts feel the acquisition will helpRead More →
Inflows during December 2022 recovered to ₹7,300 crore from ₹2,250 crore in November 2022. Small cap and midcap funds continued to see consistent inflows while large cap funds have been witnessing outflows in the last two months. Meanwhile, SIP inflows continued to rise in December at ₹13,573 crore compared toRead More →
As per data analysed by the research team of Nuvama Alternative and Quantitative Research, Mutual funds’ (MFs) top additions and reductions for the last three consecutive months is as follows: The fund houses key largecap stock additions were Hindustan Unilever (HUL), ITC, Titan Company, Ultratech Cement and Nestle, whereas KeyRead More →
In December, Mutual Funds (MFs) deployed ₹147 bn and alongside foreign institutional investors (FIIs) sold ₹63 bn in the Indian secondary market, highlighted data analysed by domestic brokerage and research firm Edelweiss. Funds participated in most of the initial public offerings (IPOs) and the December end holding value is highlightedRead More →
In December, Mutual Funds (MFs) deployed ₹147 bn and alongside foreign institutional investors (FIIs) sold ₹63 bn in the Indian secondary market, highlighted data analysed by domestic brokerage and research firm Edelweiss. Funds participated in most of the initial public offerings (IPOs) and the December end holding value is highlightedRead More →
