Midcap Index, SmallCap index: The mid- and small-cap indices on the NSE back home have gained 25.7 per cent and 26.7 per cent, respectively in CY24
Stock Market Samvat 2081 Outlook: Analysts suggest investors put most of their investible surplus in the safety of large-cap stocks
Asset quality ratios deteriorated during the quarter as slippages were high in the credit cards and microfinance segments.
The price of 22-carat gold also witnessed a fall of Rs 10, with ten grams of the yellow metal selling at Rs 72,790
Mid-cap and small-cap mutual fund schemes have continued to attract strong investor interest, garnering nearly Rs 30,350 crore in inflows during the April-September period of the current financial year, driven by impressive returns delivered by these segments. In comparison, the cumulative inflow into mid-cap and small-cap funds stood at Rs 32,924 crore during the same period last year, according to data from the Association of Mutual Funds in India (Amfi). The inflow trend persists despite concerns raised by market regulator Sebi over heightened inflows into small-cap and mid-cap funds, as experts believe investors will continue to favour these categories for their potential to deliver high returns. "Small caps will continue to grow at a faster rate for years to come. I expect the inflows to continue as Indians want to invest in the high-growth sectors. Small cap funds should be seen as an integral part of one's portfolio allocation and not a tactical play," Trust Mutual Fund CEO .
HDFC Bank share price: Ahead of the Q2 results, HDFC Bank share price gained 2.8 per cent during the three months to September
Zomato share price: Zomato's fundraising plans come ahead of rival Swiggy's initial public offering (IPO)
The developments come at a time when the markets are already grappling with geopolitical developments in West Asia and the uncertainty surrounding the outcome of the US presidential polls
In Q2FY25, Wipro reported a consolidated profit attributable to owners of Rs 3,208.8 crore, marking a 6.85 per cent increase quarter-on-quarter (Q-o-Q) from Rs 3,003.2 crore in Q1FY25.
India stock market, China news: Indian equity markets, analysts said, are expensive relative to China, which offers a better risk-reward ratio and return potential in the short-to-medium term
Price of ten grams of 24-carat gold in Mumbai is in line with prices in Chennai, Bangalore, Kerala, Pune, Kolkata and Hyderabad at Rs 77,390
Shares of Garware Hi-Tech Films hit a new high of Rs 4,211.05, rallied nearly 8 per cent on the BSE in Tuesday's intra-day trade in an otherwise weak market on expectation of strong earnings.
In Delhi, the price of ten grams of 22-carat gold stood at Rs 71,290 and in Bengaluru, and Chennai, ten grams of 22-carat gold was trading at Rs 71,140
Sources reveal that exchanges submitted a list featuring 40 new entries
Global headwinds and FPIs outflows outweighed the positive sentiment triggered by RBI signalling rate cut in its next meeting
Investors are switching to sectors with strong earnings visibility. We have changed our portfolio towards high allocation to large-cap, says Nimesh Chandan, CIO, Bajaj Finserv Asset Management
The MoU aims to explore cooperation and synergise strengths in developing railways and related infrastructure services in the UAE and wider region
Analysts, however, suggest that the retail investors can capitalise on this opportunity to buy quality stocks at relatively better prices, provided they reach attractive levels
MTNL share price: MTNL share price declined 7.5 per cent to Rs 48.2 per share on the BSE in Tuesday's intraday trade
Stock market crash: The BSE Sensex crashed up to 962 points or 1.17 per cent to 80,726.06 levels, while NSE's Nifty50 fell 244 points or 0.97 per cent at 24,770 levels in intraday deals