NFO alert: Franklin Templeton India has introduced the Franklin India Long Duration Fund (FILDrF), a debt fund that caters to long-term investments. This open-ended fund is suitable for investors with a time horizon exceeding three years and will mainly invest in government bonds, corporate bonds, as well as money market instruments such as treasury bills … Read more
“It is not for the intraday or one or two-days trade, but positionally if we were to see, they are likely to do well in the coming times and overall capital market theme is likely to do well from here,” says Vinay Rajani, HDFC Securities.Well, the market is very sideways. The action is really in … Read more
The National Payments Corporation of India (NPCI) has yet again added a new feature to the Unified Payments Interface (UPI) platform. The new feature, UPI Circle-Delegate Payments, will help primary holders of UPI accounts to delegate transaction rights to secondary users. The main goal is to create a common platform that simplifies and enhances transactions … Read more
Quant Mutual Fund’s recent probe by the Securities and Exchange Board of India (Sebi) is making its investors a bit edgy. Quant Mutual Fund, a high-growth asset management company (AMC), is one of the top fund managers with Rs 93,000 crore of assets. It was probed for its alleged front-running activity. Front-running is when an … Read more
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
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
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
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
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 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