Long-term investment in financial sector could yield strong returns: Neeraj Dewan

Long-term investment in financial sector could yield strong returns: Neeraj Dewan

“If one is a long-term investor, this is also a domestic-focused, our own domestic-focused consumption story and there is definitely scope there to build on to a portfolio if you are seeing some correction and consolidation started to happen, then one can be looking at real estate also,” says Neeraj Dewan, Market Expert. What is … Read more

Bank stocks rally up to 2% after RBI cuts CRR to 4%

Bank stocks rally up to 2% after RBI cuts CRR to 4%

Bank stocks rallied up to 2% on Friday after the Reserve Bank of India (RBI) slashed the cash reserve ratio (CRR) by 50 basis points to 4%. The measure will ease liquidity stress by releasing Rs 1.16 lakh crore in the banking system. Among the PSU bank stocks, UCO Bank led the rally, rising 2.8% … Read more

Sudeep Shah’s top bets from PSU Banks and realty pack

Sudeep Shah’s top bets from PSU Banks and realty pack

“So, all this put together, along with the few pointers which you just mentioned, which Ansh just mentioned that the open interest has come down by 2% in Nifty futures,” says Sudeep Shah, SBI Securities.Firstly, to understand this bounce back that we are seeing in trade today, do you expect that to sustain?Sudeep Shah: In … Read more

Stocks to buy or sell today: Wipro, Infosys among top 6 trading ideas for 12 November 2024

Stocks to buy or sell today: Wipro, Infosys among top 6 trading ideas for 12 November 2024

Indian market is likely to trade higher on Tuesday tracking positive global cues. The Nifty future closed positive with gains of 0.03% at 24226 levels on Monday. The volatility index India Vix fell by 1.38% to 14.27, indicating a decline in market volatility. On the options front, the maximum Call OI is placed at 25,000 … Read more

4 metal stocks Dharmesh Shah is bullish on for near term

4 metal stocks Dharmesh Shah is bullish on for near term

“We believe 51,400 to 51,000 should be the strong support for Bank Nifty and we should see a gradual recovery for Bank Nifty too. So, banking, metals, power space as a whole looks positive from the current levels,” says Dharmesh Shah, ICICI Direct.Any sector-specific moves that you are seeing? Any sectors that you are liking … Read more

SBI among top 10 stock picks from Axis Securities with upside potential of up to 42% – Stock Ideas

SBI among top 10 stock picks from Axis Securities with upside potential of up to 42% – Stock Ideas

Indian Railway Finance Corporation Share Price 161.43 04:01 PM | 20 Sep 2024 6.19(3.99%) Suzlon Energy Share Price 83.45 03:59 PM | 20 Sep 2024 2.49(3.07%) Indian Renewable Energy Development Agency Share Price 232.37 03:59 PM | 20 Sep 2024 2.37(1.03%) Tata Motors Share Price 970.85 03:59 PM | 20 Sep 2024 3.86(0.4%) YES Bank … Read more

Bank of Baroda’s new Systematic Deposit Plan: Check details before investment

Bank of Baroda’s new Systematic Deposit Plan: Check details before investment

Bank of Baroda has recently unveiled a Systematic Deposit Plan (SDP) for its investors. The SDP functions as a monthly saving scheme crafted to help clients effectively manage their savings while aiming for increased returns along with flexibility. The Systematic Deposit Plan (SDP) allows investors to deposit funds in an organized manner, even in smaller … Read more

Disappointed with Budget? Hunt for stocks in these 10 sectors

Disappointed with Budget? Hunt for stocks in these 10 sectors

Aimed at the trinity of fiscal prudence, investment, and growth momentum, the Union Budget saw the introduction of employment incentives and a simplified income tax regime, which should boost consumption. Investors were, however, caught off guard due to the increase in LTCG and STCG tax rates, leading to a knee-jerk reaction on D-Street. “While the … Read more

Credilio launches ‘novio’, aims to ensure credit card lifestyle access to all Indians

Credilio launches ‘novio’, aims to ensure credit card lifestyle access to all Indians

Fintech firm Credilio unveiled novio – an app to widen the credit card landscape for over 400 million UPI active customers. novio aims to make financial inclusion and credit card lifestyle accessible for every Indian household, the firm said in an official statement. novio has introduced a guaranteed card concept, allowing users to build their … Read more

Good news for pensioners! Centre launches Integrated Pensioners’ Portal. Check details here 

Good news for pensioners! Centre launches Integrated Pensioners’ Portal. Check details here 

The Centre has recently started a port for pensioners in collaboration with Bank of India. The Integrated Pensioners’ Portal of Bank of India combines the pension processing and payment services of five banks into a single window. In a statement, the Department of Pension and Pensioners’ Welfare (DoPPW) said the platform has been launched to … Read more