FIIs sold stocks worth more than Rs 29,000 crore from 8 sectors in Feb. Take a look – ​Rushing Out

FIIs sold stocks worth more than Rs 29,000 crore from 8 sectors in Feb. Take a look – ​Rushing Out

Bajaj Auto. Share Price 8605.80 03:59 PM | 06 Mar 2024 254.05(3.05%) Kotak Mahindra Bank. Share Price 1759.75 03:59 PM | 06 Mar 2024 44.05(2.57%) Axis Bank. Share Price 1125.00 03:59 PM | 06 Mar 2024 24.21(2.20%) Bharti Airtel. Share Price 1193.70 03:59 PM | 06 Mar 2024 24.80(2.13%) SBI Life Insurance Company. Share Price … Read more

Why Abhay Agarwal prefers Dixon & Amber to Voltas or Blue Star

Why Abhay Agarwal prefers Dixon & Amber to Voltas or Blue Star

Abhay Agarwal, Founder & Fund Manager, Piper Serica, says “outsourced manufacturing as a concept is here to stay and it will reward large players. While there is nothing wrong with branded players like Voltas or Blue Star, we would like to back very efficient, large and getting larger manufacturers like Dixon and Amber purely for … Read more

8 Financial Services stocks hit 52-week high, deliver up to 25% gains in a month – New Highs!

8 Financial Services stocks hit 52-week high, deliver up to 25% gains in a month – New Highs!

Hindalco Industries. Share Price 492.65 03:59 PM | 29 Sep 2023 25.80(5.52%) NTPC. Share Price 245.55 03:59 PM | 29 Sep 2023 8.50(3.58%) Hero MotoCorp. Share Price 3057.25 03:59 PM | 29 Sep 2023 87.25(2.93%) Dr. Reddy’s Laboratories. Share Price 5587.00 03:55 PM | 29 Sep 2023 157.90(2.90%) Divi’s Laboratories. Share Price 3765.15 03:57 PM … Read more

Banking and Financial Services players likely vanguards of next surge

Banking and Financial Services players likely vanguards of next surge

Mumbai: In the event of substantial selling pressure, especially in midcap and smallcap stocks, one can contemplate buying large-cap banking or finance stocks, which could minimize downside risks, according to analysts. Both the Nifty Bank and Nifty Financial Services indices have underperformed the broader Nifty index in six months. Stocks such as HDFC Bank, Kotak … Read more

Gold likely to remain muted ahead of Powell’s Jackson Hole address, this Friday

Gold likely to remain muted ahead of Powell’s Jackson Hole address, this Friday

COMEX Gold prices declined for the fourth consecutive week, facing pressure from robust US economic indicators and the slightly hawkish tone of the FOMC meeting minutes. The erosion in gold’s value comes as it broke below the significant threshold of $1,900 per troy ounce and currently hovers near its lowest point since March 2023, a … Read more

CreditAccess Grameen to raise up to Rs 1000 crore via NCDs

CreditAccess Grameen to raise up to Rs 1000 crore via NCDs

CreditAccess Grameen is all set to enter the bond market next week to raise up to Rs 1000 crore in non-convertible debentures, as it looks to diversify the liability profile. This is the second bond raising by India’s largest NBFC-MFI after raising Rs 500 crore in November last year. “The issue is in sync with … Read more

ETMarkets Fund Manager Talk-Being overweight on these 3 sectors led Tata MF large, midcap funds outperform benchmark

ETMarkets Fund Manager Talk-Being overweight on these 3 sectors led Tata MF large, midcap funds outperform benchmark

MUMBAI – Tata Asset Management Co’s largecap, midcap, and smallcap funds have outperformed benchmark in the medium to long term, and exposure to three major sectors drove this performance. For Tata Largecap fund, an overweight exposure to financial services and capital goods contributed to the outperformance, says Chandraprakash Padiyar, senior fund manager – equity at … Read more

ETMarkets Smart Talk: We expect double-digit returns from Indian equities in 2023: Naveen Kulkarni

ETMarkets Smart Talk: We expect double-digit returns from Indian equities in 2023: Naveen Kulkarni

“We expect double-digit returns from Indian equities in 2023 in line with the benchmark earnings growth,” says Naveen Kulkarni, Chief Investment Officer, Axis Securities PMS. In an interview with ETMarkets, Kulkarni who has over 19 years of experience in the Financial Services and Telecom sectors, said: “The important factor for 2023 will be earnings growth … Read more

RBI opens third cohort under the Regulatory Sandbox

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The Reserve Bank of India on Friday announced the opening of third cohort under the Regulatory Sandbox (RS) with MSME Lending as its theme. The window for submission of applications for the Cohort shall be open from 01 October 2021 to 14 November 2021. “The MSME segment has emerged as the growth engine of Indian … Read more

Indian banking and financial sector at an inflection point

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The banking and financial services sector offers many investment opportunities. It is closely linked to the economy and has the potential to grow faster than the economy. This is reflected on the fact that the share of financial services in India’s market capitalisation has increased from ~6 per cent in FY01 to ~24 per cent … Read more