Fidelity, Invesco look to buy into India’s coronavirus-led stock slump

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By Moxy Ying, Abhishek Vishnoi and Ishika Mookerjee Even as traders in India fret over how much more pain the nation’s uncontrolled coronavirus surge will inflict on local stocks, some seasoned investors are getting ready to dip their toes back into the market. Concerns that a fresh round of lockdown-like rules triggered by the new … Read more

TCS, Infosys, 6 other cos add Rs 1.2 lakh crore to market value in a week

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NEW DELHI: Eight of the top-10 most valued companies together added Rs 1,28,503.47 crore in market valuation last week, with IT majors Tata Consultancy Services and Infosys leading from the front. The valuation of Tata Consultancy Services (TCS) jumped Rs 36,158.22 crore to reach Rs 11,71,082.67 crore, becoming the biggest gainer among the top-10 most … Read more

Will a halt to bull run end brokers’ honeymoon with retail investors?

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NEW DELHI: No matter whether you made money in the breakneck stocks rally in last one year or not, brokers definitely got richer at a much faster clip, thanks to a surge in trading volume. But that period of stupendous growth might be getting over. CDSL, which provides depository services, added over 1 crore investors … Read more

Tata Motors flat ahead of Q1 results; here’s what to expect

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New Delhi: Shares of Tata Motors traded flat in Friday’s morning trade ahead of the company’s financial result for the quarter ended June 30 later in the day. The scrip was up 0.10 per cent at Rs 103.75, while the benchmark BSE Sensex was down 0.11 per cent at 37,696 at around the same time. … Read more