Mumbai: Retail investors were generally less gung-ho about equities in the March quarter in the wake of the market weakness in the period. But that did not stop them from lapping up some of the beaten-down names that were among the top performers for most of 2024, according to a study of retail shareholding of … Read more
“The impact of that should be felt on demand and these stocks have fallen. The auto stocks have fallen reasonably, especially two wheelers and Bajaj Auto,” says Sandip Sabharwal, asksandipsabharwal.com. I wanted your view actually on Mahindra & Mahindra. The fact that they are expanding their portfolio as well with this sort of an acquisition … Read more
Mumbai: Overseas interest in debt placed in the fully accessible route (FAR) remained markedly volatile through February, reflecting strategic flows and ebbs on either side of the biggest policy event in nearly five years – a reduction in benchmark rates. The first week of the month saw inflows of ₹4,970 crore as funds flowed into … Read more
Fixed Depsit rates: In December 2024, several banks, including Federal Bank, Karnataka Bank, Equitas Small Finance Bank, RBL Bank, and Bank of Maharashtra, changed their fixed deposit interest rates. These changes have implications for the general public’s and senior citizens’ savings. One of the most widely chosen investment options is a fixed deposit, where an individual deposits … Read more
As many as 115 companies have fixed their record dates this week to determine the eligible shareholders for the payout of their dividends. Out of the lot, two are Nifty companies, i.e., HCL Tech and Shriram Finance, along with other names like PFC, MRF, and RBL Bank. Dividends are paid to shareholders whose names appear … Read more
The broader NSE benchmark Nifty advanced further to settle at an all-time high for the third straight session on Friday, while the BSE gauge Sensex retreated from the record to slip below the 80,000 mark. Stocks that were in focus include names like Raymond, which rose 10%, RBL Bank, which fell 1.28%, and AstraZeneca India, … Read more
Amazon Pay is planning to kick off credit services on the Unified Payments Interface (UPI) platform as part of a deal with the National Payments Corporation of India (NPCI). This initiative aims to enhance customer experience and value propositions, Vikas Bansal of Amazon Pay India told The Financial Express (FE). In February of this year, … Read more
Benchmark indices closed at new lifetime peaks on Friday after the Reserve Bank raised the growth forecast for the current fiscal and kept policy rates unchanged. The 30-share Sensex rose 304 points to settle at 69,825. The broader index Nifty also climbed 68 points to reach a fresh record high of 20,969. Stocks that were … 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: Liquidity in the banking system has slipped into its deepest deficit in almost six months, inflating borrowing costs, as outflows due to corporate advance taxes and the Reserve Bank of India’s likely actions to stabilise the rupee have drained lenders of funds. As of September 16, the RBI infused ₹68,785.94 crore into the banking … Read more