“It is not like earlier when there used to be panic and everything used to get sold. There could be panic for two-three days, but people then put their mind together, think, and come back and they buy what they want to buy, which they would have missed in the past. So, that is a … Read more
Shares of Waaree Renewable Technologies surged 15% to Rs 1,120 in Tuesday’s intraday trade on the BSE, ahead of the company’s June quarter results. In a regulatory filing, Waaree Renewable said its Board of Directors will meet on Thursday, 17 July 2025, to consider and approve the unaudited standalone and consolidated financial results for the … Read more
Antique Stock Broking has named its top picks in the Indian banking sector, favouring large lenders like Axis Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, and SBI. It also sees strong upside in smaller banks such as Ujjivan, Equitas, Federal Bank, CUB, and KVB. While near-term consolidation is likely, broader gains are expected from … Read more
“I think most of the MFI-focused companies are trading at somewhat distressed valuations. And there were two comments, specifically, one that the RBI has clearly stated that they see easing stress on the unsecured loan book, so that is overall good for the financial sector, especially for NBFC and more specifically for MFIs,” says Sandip … Read more
Brokerages remain bullish on select large-cap stocks across sectors such as financials, auto, and real estate. According to Trendlyne data, 10 BSE large-cap stocks, including SBI, Tata Motors, ITC, Trent, and DLF, have strong analyst ratings and may deliver returns of up to 32%. Here’s the list: Source link
“The credit card books and the personal loan book will start to grow gradually and that would support the overall retail growth and should be in the range of 15-16% which could be seen one of the highest in the sector,” says Rahul Malani, Mirae Asset Sharekhan. Any specific reason why Kotak Mahindra Bank had … Read more
The Reserve Bank of India’s Monetary Policy Committee (MPC) has announced a 25 bps reduction in repo rates to 6% from 6.25% and has also shifted its stance from ‘neutral’ to accommodative. With this, it is expected that the home loan rates might go down. So far, home loan borrowers are experiencing a positive year … Read more
State Bank of India (SBI), the country’s largest lender, has ceased its Amrit Kalash fixed deposit (FD) scheme, which was earlier available for a limited period. This scheme offered a notable interest rate of 7.10% per annum for regular investors and a higher rate of 7.60% for senior citizens on a 400-day deposit. According to … Read more
Tax savings under Old Tax Regime: Taxpayers seeking to optimise their savings for the fiscal year 2024-25 still have opportunities available. One such option is utilising Section 80G of the Income Tax Act to claim deductions for donations made to government-approved trusts. It is important to note that not all charitable contributions automatically qualify for … Read more
SBI Mutual Fund and State Bank of India have collaboratively introduced JanNivesh SIP, a versatile SIP option starting at only Rs 250 with daily, weekly, and monthly investment plans available. This initiative aims to empower first-time investors and small savers residing in rural, semi-urban, and urban areas to participate in mutual fund schemes. Initially, investors … Read more