Foreign Institutional Investors (FIIs) have significantly trimmed their holdings across largecap, midcap, and smallcap stocks during the June quarter, with the largest proportional reductions seen in the largecap segment. Recent data shows that FIIs cut stakes in 55% of largecap companies, compared to 50% in midcap and 53% in smallcap companies. In terms of absolute … Read more
MUMBAI: Ant Financial, the fintech arm of Chinese e-commerce giant Alibaba Group, is planning to offload shares worth nearly Rs 2,200 crore in One97 Communications, the parent company of Paytm, via block deals on Tuesday. Shares are likely to be offered at a floor price of Rs 809.7 apiece — a 6.4% discount to Paytm’s … Read more
Cipla Share Price 1198.65 03:59 PM | 24 Nov 2023 28.00(2.39%) Adani Enterprises Share Price 2225.45 03:59 PM | 24 Nov 2023 50.20(2.31%) Divis Laboratories Share Price 3764.80 03:59 PM | 24 Nov 2023 76.30(2.07%) Hindalco Industries Share Price 507.80 03:59 PM | 24 Nov 2023 5.85(1.17%) Axis Bank Share Price 1008.50 03:59 PM | … Read more
Various widely tracked companies like L&T, Bajaj Finserv, Sun Pharma, Coal India, Tech Mahindra, Britannia, Ashok Leyland and Jubilant FoodWorks would be releasing their December quarter report cards this week. Here’s a list: January 30 Larsen & Toubro, Bajaj Finserv, Tech Mahindra, Bharat Petroleum Corporation, Bajaj Holdings & Investment, GAIL, SRF, , REC, Laurus Labs, … Read more
NEW DELHI: Mutual fund managers seem to be bottom fishing for stocks, suggests the latest data as their top bets last month included many beaten-down counters. Among the 30 top picks of mutual funds in December across market cap, 19 have given negative returns to the tune of 6-60% in the last one year. Interestingly, … Read more
Global brokerage firms including Citi, JP Morgan, Nomura, HSBC and BofA have shared their view on a number of stocks, including , , , and PVR. We have collated a list of recommendations from top brokerage firms from ET NOW: Citi on (Paytm): Buy | Target Price: Rs 1,055Paytm has gained market share in digital … Read more
The retail investor community has emerged as the new don on Dalal Street, as evident in the value of their holdings in National Stock Exchange-listed companies. It has gone up by nearly three times since March 2020, when COVID-19 pandemic had paralysed the economy. The total value of retail holdings touched Rs 19.5 lakh crore … Read more
Nifty futures on the Singapore Exchange traded 40.5 points, or 0.22 per cent lower at 18,439.5, signaling that Dalal Street was headed for a negative start on Thursday. Here are a dozen stocks which may buzz the most in today’s trade: Wipro: The IT services major has reached an agreement with employee representatives on setting … Read more
New Delhi: A handful of Dalal Street debutants, listed at the bourses in the last two months of 2021, are likely to be in focus of Dalal Street in the remaining part of the ongoing calendar year. The mandatory lock of the pre-IPO investors in these 14 mainboard companies, which were listed in November-December 2021, … Read more
New Delhi: Shares of , the parent company of , rallied as much as 4 per cent during the early trade on Monday as the shareholders gave nod for the re-appointment of Vijay Shekhar Sharma. Shareholders of the fintech firm have approved the re-appointment of Vijay Shekhar Sharma as managing director and chief executive officer … Read more