The fund house increased its stake in 350 stocks which includes Eternal, HDFC Bank, Jio Financial Services, RIL, Shree Cement, Tata Motors, Adani Green Energy, Eicher Motors, Tata Elxsi, ONGC, Petronet LNG, PNB Housing Finance, ACC, HFCL, and Zydus Lifesciences. Source link
Mutual funds: In October, with Indian markets witnessing corrections due to lackluster earnings, domestic mutual funds (MFs) adopted a proactive approach by acquiring top-performing stocks during their dipping value. The Quant Small Cap Fund, the largest fund managed by Quant Mutual Fund, strategically increased its investment in around 13 stocks within its portfolio during this … Read more
The second quarter earnings season is underway and as many as 145 companies will declare their results this week. Some of the marquee names include Axis Bank, Bajaj Auto, Reliance Industries, Tech Mahindra, Infosys, Nestle, HCL Tech among others. Analysts expect a muted second quarter for India Inc, possibly the slowest in over four years … Read more
Even though 24,900 could be threatened at some time during the week, the odds of a swift downside appear low, says Anand James, Chief Market Strategist, Geojit Financial Services. “Our eyes are however on 24,900, the fibo retracement of the recent low-high, as long as above which, we could see a push towards 25390 or … Read more
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
Calling it an ‘early Diwali gift’, Mukesh Ambai-owned Reliance Industries approved a 1:1 bonus share issue earlier this week and the historical data suggests that the record date might be in October. “The Board of Directors of Reliance Industries Limited (RIL) today approved the issue of bonus shares in the ratio of 1:1 i.e. every … Read more
Indian benchmark indices crashed nearly 3% on Monday following extremely weak trends in global equity markets amid fears of a slowdown in the US economy. In today’s trade, shares of RIL, Bharti Airtel, Vedanta, Tata Power, Lupin among others will be in focus due to various news developments and first quarter results. PFC, Vedanta, Tata … Read more
This week, 418 companies will release their June quarter earnings, including Jio Financial, Paytm, Bajaj Auto, Asian Paints, LTIMindtree, Infosys, Reliance Industries, Wipro, Union Bank of India, Kotak Mahindra Bank, Tanla Platforms, Tata Technologies, and YES Bank. Here’s the list of major companies that will announce their Q1 results this week: July 15Jio Financial Services, … Read more
Indian headline equity indices closed in the red on Friday, breaking their six-session gaining streak. They were dragged by index heavyweights Reliance Industries (RIL) and Larsen & Toubro. The 50-stock index ended at 23,501.10, down by 65.90 points or 0.28%. Nifty’s struggle to hold above the day’s opening range indicates that the bullish sentiments have … Read more
Jun 16, 2024, 12:11:05 PM IST Nippon India Mutual Fund manages assets under management totaling Rs. 4.93 lakh crore as of May 2024 and oversees 189 mutual fund schemes. Here are the top 10 stock holdings of the fund house, according to a report by Motilal Oswal Financial Services. ETMarkets.com Nippon India MF had the … Read more