Day: February 21, 2023

Irrational exuberance driving midcaps, no fundamental reason behind current rally: Kotak EquitiesIrrational exuberance driving midcaps, no fundamental reason behind current rally: Kotak Equities

In recent months, the mid-cap and small-cap segments have seen a sharp rise, outperforming the blue-chip benchmark indices. However, according to Kotak Institutional Equities, trying to find solid fundamental reasons for this phenomenon is a challenging task. In fact, many companies in these segments saw their fundamentals worsen, which led to investors wondering what the […]

What can we learn from Rahul Dravid in the world of investingWhat can we learn from Rahul Dravid in the world of investing

Investing and sports may seem like two very different worlds, but they share many things in common. Cricket is one such sport that offers great insights even for the world of investing. When we talk about Cricket, the name that instantly comes to everyone’s mind is Rahul Dravid.  Rahul Dravid is a name that resonates […]

Petrol and Diesel Rate Today, 5 September: Some cities see revision; Check rates in Delhi, Mumbai, other citiesPetrol and Diesel Rate Today, 5 September: Some cities see revision; Check rates in Delhi, Mumbai, other cities

Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:Petrol and diesel prices were largely constant on Tuesday, 5 September August across New Delhi, Kolkata, Mumbai, and Chennai. Petrol rates and diesel rates have been steady over the last few months. However, individual cities see fluctuations in their prices every day. The prices of […]

Finance ministry gives leeway to departments on big spendingsFinance ministry gives leeway to departments on big spendings

To accelerate public spending in the last quarter of the current fiscal, the finance ministry has relaxed cash management guidelines to allow departments and ministries to release Rs 500 crore or more in schemes without any restrictions. According to extant cash management guidelines, ministries must attune bulk expenditure items to monthly GST collections and quarterly […]

BHEL, Shakti Pumps, Suzlon Energy, Axis Bank among 127 stocks that hit 52-week highs; 7 touch 52-week lowsBHEL, Shakti Pumps, Suzlon Energy, Axis Bank among 127 stocks that hit 52-week highs; 7 touch 52-week lows

Benchmark indices NSE Nifty 50 and BSE Sensex were trading in the green during the intraday session on Wednesday. The Nifty 50 gained 90.55 points or 0.47% to reach 19,433.20, and the 30-share Sensex surged 312.59 points to reach 65,388.41. Midcap stocks took the lead in driving gains among the broader market indices. The sectoral […]