Advance/decline ratio for April 2025 currently at 1.59, a level last seen in May 2009
The government has approved the appointment of Rahul Bhave as Managing Director and CEO of financial institution IFCI. Bhave, serving as Deputy Managing Director, has been appointed as MD and CEO for three years from the date of taking over, a government order said. The appointment has been approved by the Appointments Committee of the Cabinet (ACC), headed by the Prime Minister. The Industrial Finance Corporation of India (IFCI) was set up by the government on July 1, 1948, as the first development financial institution in the country. The finance ministry, in November 2024, in principle approved the 'Consolidation of IFCI Group', which entails the merger/amalgamation of IFCI Ltd and StockHolding Corporation of India Ltd and other group companies. As per the proposal, StockHolding Corporation of India Ltd, IFCI Factors Ltd, IFCI Infrastructure Development Ltd, and IIDL Realtors Ltd will merge with IFCI Ltd. Further, StockHolding Services Ltd, IFCI Financial Services Ltd, IFIN ..
Company board decides on buyback at Rs 731 per share
Between December 28, 1995, and January 10, 1996, the Nifty had previously declined by about 6 per cent over 10 straight sessions of losses
The company reported a 14 per cent Y-o-Y increase in revenues aided for growth across the key verticals
On average, stocks that debuted last year are down 37 per cent from their peak levels
Despite a 23% drop from the peak, valuations still above long-term averages
Average smallcap exposure beyond top 500 stocks rises to 31% from 22% in three years
The July Union Budget introduced significant changes to LTCG and STCG taxes, and with Union Budget 2025 approaching, it’s time to revisit what they mean. Watch the video for more.
However, Adani group companies are still trading significantly below their all-time highs
Realisation growth for Dr Lal PathLabs and Vijaya Diagnostic Centre is projected to remain flat compared to the previous year
Going forward, the earnings season, which starts this week, will provide further cues to the market
>> A 5x returns upgrade: Hotel stocks trump Nifty 50 >> Luxury margins boost: 100-150-bp hike likely
Significant percentage of young adults are increasingly preferring to directly invest in equity markets rather than opting for the mutual fund route, a report has said. According to the report by Fin One, an initiative of fintech brokerage firm Angel One, 93 per cent of young adults are consistent savers, with the majority saving 20-30 per cent of their monthly income. Additionally, stocks have emerged as the preferred investment choice, with 45 per cent of respondents favoring them over more traditional options such as fixed deposits or gold, Fin One, an initiative of Angel One Ltd, said in its report. As much as 58 per cent of young Indian investors currently invest in stocks, while 39 per cent favor mutual funds. Safer options like fixed deposits (22 per cent) and recurring deposits (26 per cent) see relatively lower adoption, the brokerage firm said in its report. This indicates a balanced approach between high returns and stable savings among the youth, it said. The report d
As we step into the festive season and prepare to welcome Samvat 2081 with Diwali festivities, watch the video to know the top stock picks for the upcoming year.
Nvidia, which briefly held the title of the most valuable company in June, saw its market value surge to $3.39 trillion on Monday
The bank informed the exchanges that it has received RBI approval to appoint career PSU banker Partha Pratim Sengupta as MD&CEO of the bank for a period of three years
IFSCA's July nod opens the route for derivatives on the 30-share index: Sources
With the recent sell-offs, Warren Buffett-led Berkshire Hathaway has raised its cash position relative to total assets in the June quarter to 25 percent
Roy's comments come in the wake of the entry by the Aditya Birla group into the decorative paints segment