Prioritising firms with solid balance sheets, steady revenue streams, and minimal geopolitical risks can provide stability and growth potential in a volatile market, Om Ghawalkar, Market Analyst at Share.Market said, as he reiterates that the uncertainty in Nifty would continue. This analyst spells-out strategy in previous week’s major movers viz. BSE, HUDCO, Home First Finance … Read more
Quant Small Cap Fund, the largest fund managed by Quant Mutual Fund, has made a complete exit from Mazagon Dock from its portfolio in January and has reduced its stake in Cochin Shipyard and HUDCO before Budget.Around 4.21 lakh shares of Mazagon Dock were sold from the portfolio in January. The small cap fund reduced … Read more
As we are at the fag end of 2024, a look back at the performance of PSU stocks shows BSE PSU index delivering nearly 29% in the last one year. This is higher than the 11% returns by the BSE Sensex in the same period. In this, top 10 stocks have given returns between 139% … Read more
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
A higher Budget outlay for Pradhan Mantri Awas Yojana (PMAY), re-introduction of 100% tax holidays on construction of affordable houses and increasing the interest deduction limit on home loans are some of the demands of the real estate industry from the government in this year’s budget. A slew of favourable announcements in this sector could … Read more
The average market capitalisation cut-off for a stock to make it to the largecap category in the upcoming Amfi semi-annual categorisation is expected to be Rs 84,000 crore compared to an average of Rs 67,000 crore in the six months ending December 2023, Nuvama said in a note. Meanwhile, the midcap threshold is likely to … Read more
Indian market is likely to head higher on Monday tracking positive global and domestic cues. The Nifty future closed positive with gains of 0.34% at 22703 levels on Friday. India VIX was up by 1.7% from 24.18 to 24.60 levels. Volatility spiked above 26 levels during the week and has caused discomfort to the bulls. … Read more
Benchmark indices settled with marginal gains on Thursday in a highly volatile trade. The 30-share BSE Sensex closed 86 points higher at 66,988 and the broader Nifty edged up 36 points to close at 20,133. Stocks that were in focus included names like BHEL, which rose 3.36%, GAIL, which jumped 4.77%, and Hudco, whose shares … Read more
Mumbai: The benchmark Nifty has only corrected 2.5% in October so far, but granular data suggests bigger woes for investors. One such number, the advance-to-decline ratio for Nifty 500 stocks this month stands at 0.39, marking its lowest level in sixteen months, thereby underscoring the severity of the ongoing correction. This metric provides a deeper … Read more
New Delhi: The finance ministry is reviewing its disinvestment schedule following the recent stock market selloff amid high volatility triggered by global factors, said people aware of the details. The ministry is likely to adopt a “prudent selloff” approach now, one official told ET, adding there won’t be “divestment for the sake of divestment anymore” … Read more