Stock market investors lose nearly Rs 10 lakh crore in 2 days of sharp fall on US tariffs

Stock market investors lose nearly Rs 10 lakh crore in 2 days of sharp fall on US tariffs

Equity investors became poorer by Rs 9.69 lakh crore in two days of sharp fall in the stock markets, where the benchmark Sensex tumbled 1,555 points. The additional 25 per cent tariff imposed by the US on India came into effect on Wednesday, bringing the total amount of levies imposed on New Delhi to 50 … Read more

Can staggered investments in Nifty IT ETFs lead to long-term gains?

Can staggered investments in Nifty IT ETFs lead to long-term gains?

Mumbai: Long-term equity investors who are willing to look past near-term adversities and focus on a beaten-down theme may consider allocating to the Nifty IT Index Fund or Nifty IT Exchange Traded Fund (ETF). Wealth managers say that, given the IT sector’s underperformance compared with the broader market, investors could stagger their bets over the … Read more

NIIT Q1 profit dips 44 pc to Rs 4.3 cr; revenue rises 2 pc to Rs 84.1 cr

NIIT Q1 profit dips 44 pc to Rs 4.3 cr; revenue rises 2 pc to Rs 84.1 cr

Skills and talent development firm NIIT Ltd on Friday posted a 43.6 per cent decline in consolidated net profit to Rs 4.37 crore in the April-June quarter due to headwinds from a turbulent environment in the technology and BFSI sectors. It had reported a profit (attributable to owners of the parent company) of Rs 7.75 … Read more

Sectoral rotation to drive Nifty’s uptrend: Rohit Srivastava

Sectoral rotation to drive Nifty’s uptrend: Rohit Srivastava

“What we are looking at is it moving higher towards around 56,577, so that is slightly what we call an extended Fibonacci level for this particular move. The support being closer to around 54,660. So that is pretty short term. It is not a lot of upside right now because we have seen a pretty … Read more

Q4 results today: HCL Tech, Waaree Energies among 16 companies to announce earnings on Tuesday

Q4 results today:  HCL Tech, Waaree Energies among 16 companies to announce earnings on Tuesday

The fourth quarter earnings season is picking up momentum and on Tuesday as many as 16 companies will announce their quarterly numbers. Key earnings to watch out include from Waaree Energies, Tata Communications and HCL Tech. Apart from the above, Cyient DLM, Havells India, Delta Corp, JMU Fintech, Mahindra Financial, Hathway Cable and Datacom, Choice … Read more

Sandip Agarwal on what should investors do with Infosys, TCS, and Wipro stocks

Sandip Agarwal on what should investors do with Infosys, TCS, and Wipro stocks

“Tech Mahindra, Infosys all are up 40% in last six to eight months. So, large part of all positive news has been discounted and the stocks are trading at a very-very decent valuation I would put in that way,” says Sandip Agarwal, Fund Manager, Sowilo Investment Managers. From these Q2 earnings from the likes of … Read more

Big movers on D-Street: What should investors do with HDFC AMC, HCL Tech and Sterling and Wilson?

Big movers on D-Street: What should investors do with HDFC AMC, HCL Tech and Sterling and Wilson?

Benchmark BSE Sensex jumped nearly 592 points while Nifty reclaimed the 25,000 level on Monday shares amid a firm trend in global markets. Stocks that were in focus include names like HDFC AMC, which gained 1.7%, HCL Tech, which jumped 1.2%, and Sterling and Wilson, whose shares rose 5% on Tuesday. Here’s what Viral Chheda, … Read more

PMS Tracker: HNIs manage to eke out double-digit returns in 2 funds

PMS Tracker: HNIs manage to eke out double-digit returns in 2 funds

In September, at least two PMS schemes significantly outperformed benchmarks, achieving double-digit returns of up to 12%. According to data from PMS Bazaar, Pace Financial’s Tresor SKG India Value Fund was the top performer, delivering a monthly return of 12%, followed by Molecule Ventures’ Quant Fund with a return of 10.28%. Other notable winners included … Read more

HCL Tech shares jump 1% as Q2 profit jumps 10.5% YoY. Brokerage firms raise target prices

HCL Tech shares jump 1% as Q2 profit jumps 10.5% YoY. Brokerage firms raise target prices

Shares of India’s third largest IT company HCL Technologies jumped 1.3% to its day’s high of Rs 1,880.65 on the BSE after reporting a 10.5% jump in its September quarter consolidated net profit to Rs 4,235 crore, up from Rs 3,832 reported by the company in the year-ago period. Following the quarterly results, various brokerage … Read more

Stopping Nifty weekly expiry will deprive hedging opportunity: Anand James

Stopping Nifty weekly expiry will deprive hedging opportunity: Anand James

After BSE has announced that it will discontinue Bankex weekly expiries, the market is rife with speculations that NSE may choose Nifty Bank over Nifty as both exchanges have to pick one expiry under new Sebi rules. Nifty Bank brings in higher volumes for the exchange, and better trading opportunities for speculators, but if Nifty … Read more