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
The stock price surged on the back of reports claiming that the company had received the government nod to invest Rs 50 crore in its associate entity Paytm Payments Services Limited (PPSL)
The news sent Paramount shares up 9 per cent in after-hours trading
2,425 stocks muscle their way to new peaks
The implementation of Ind-AS 117 and its assumptions on liability and other insurance-related changes in regulations could be a future cause of concern
Business cycle funds invest in themes expected to do well over the medium to long term, such as digital businesses, premiumisation of consumption, and urbanisation
World stocks were mostly lower on Monday after a US jobs report released Friday came in hotter than expected, while the euro fell after French President Emmanuel Macron dissolved the National Assembly following a setback in Sunday's parliamentary election. Far-right parties made major gains in parliamentary elections Sunday, leading French President Emmanuel Macron to call a snap election. This caused the euro to drop to its lowest price in nearly a month. The euro was trading at $1.0766, down from $1.0778. The setbacks for incumbent parties cast a shadow across the region. The CAC 40 in Paris sank 1.7% to 7,866.87 and Germany's DAX lost 0.7% to 18,425.26. Britain's FTSE 100 declined 0.4% to 8,215.84 in early trading. The future for the S&P 500 shed 0.1% and that for the Dow Jones Industrial Average was down 0.2%. Markets in Asia ended mixed. In Tokyo, the Nikkei 225 index rose 0.9% to 39,038.16 after government data on Monday showed Japan's economy contracted at an annualized ...
Foreign investors withdrew nearly Rs 14,800 crore from domestic stocks in the first week of this month, influenced by India's Lok Sabha election results and attractive valuations of Chinese stocks. The outflow came following a net outflow of Rs 25,586 crore in May on poll jitters and more than Rs 8,700 crore in April on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields. Before that, FPIs made a net investment of Rs 35,098 crore in March and Rs 1,539 crore in February, while they took out Rs 25,743 crore in January, data with the depositories showed. From a medium to long-term perspective, the direction of interest rates will remain a key driver for foreign investment flows into the Indian equity markets. According to the data, Foreign Portfolio Investors (FPIs) made a net withdrawal of Rs 14,794 crore this month (till June 7). The general election results in India significantly influenced foreign investor flows in Indian equity marke
The receivables situation may become significant, given the prior history of the power sector
The NSE Nifty 50 index was up 1% at 23,060 points and the S&P BSE Sensex added 1.2% to 75,941 points after the rate decision
The pump and dump schemes are operated through recommendations shared through Telegram and other social media channels, resulting in public shareholders purchasing the stock at an inflated price
The previous high was 2,322 gainers recorded in January