Retail investors raised their stakes in 363 stocks within the BSE Smallcap index during the January–March quarter, while reducing holdings in 361 stocks, according to Ace Equity data analyzed by ETMarkets. This near-even split suggests a cautious return of risk appetite, with investors engaging in selective buying after a sharp correction, though without signs of … Read more
Following a 12% year-on-year (YoY) decline in Infosys‘ March quarter consolidated net profit and lower-than-estimated revenue, brokerages have slashed their target prices while retaining a ‘Buy’ rating on the stock. Nuvama Institutional Equities and Emkay Global revised their targets downward amid topline miss and prevailing uncertainties. On Thursday, India’s second-largest IT services company by market … Read more
Ace investor Vijay Kedia has trimmed his stake in Global Vectra Helicorp by 21 bps in the March ended quarter, bringing it to 4.86% versus 5.07 at the end of the December quarter. Kedia holds 3% stake in his own name while another 1.86% through Kedia Securities Private Limited as per the shareholding data available … Read more
Trump on Wednesday stunned markets by awarding a 90-day reprieve on his “Liberation Day” reciprocal levies that had gone into effect less than 24 hours earlier, though he maintained a baseline tariff rate of 10% on most countries. At the same time, he singled out China for additional levies, taking the tariff rate to 125% … Read more
Ramesh Damani, Member, BSE, says like Lyndon Johnson on Vietnam, Donald Trump will just declare victory in the next couple of weeks and then change all the policies that he has introduced, saying that, oh, my policies have been achieved, everyone has come to the negotiating table, everyone is scared of America. He will declare … Read more
The Indian equity market has faced a tumultuous six months, marked by a persistent sell-off from October 2024 to February 2025. The markets have experienced a correction, with the Nifty50 index declining by 14.6% from its peak in September 2024 to March 13. Similarly, the Nifty 500 index has seen a decrease of 17.6% over … Read more
HDFC Mutual Fund has increased its stake in IndusInd Bank by acquiring an additional 0.20% of the bank’s paid-up shares. This move comes during a period of significant market fluctuation for the bank, which recently faced a sharp decline in its share value after announcing discrepancies in its internal derivatives accounting. The banking stock closed … Read more
While the domestic stock markets have given investors very little to cheer over the last six months, 56 stocks have held on to their multibagger tag, giving up to 760% returns since the last Holi of March 25, 2024. What is noteworthy is that only a dozen stocks in this pack have given negative returns … Read more
President Donald Trump getting out of the Tesla he purchased. He is accompanied by Tesla CEO Elon Musk. Image: Truth Social/@realDonaldTrump On March 10, Tesla shares dropped more than 15%, hitting their lowest point since late October. On March 11, Trump gave a speech on the White House driveway to declare his support for … Read more
Amid ongoing pain in the markets, Wisdom Hatch founder Akshat Shrivastava remarked on the challenges faced by retail investors. “You might feel cheated. But, can’t do jacksh*t. You are trapped at high prices. And, are now waiting for a recovery. So that you too can exit (at least partially),” he wrote in a post on … Read more