By Anand James We are heading into the expiry week with 74% of Nifty 50 stocks having announced their results, of which 67% have declared profits. Weekly changes were modest with gainers dominated by Realty and IT recording 1.3% and 1.2% on their respective indices, which were outflanked by oil & gas, utility and power […]
Month: October 2023
‘Local relationships matter more in tier-2, 3 markets’‘Local relationships matter more in tier-2, 3 markets’
Brokerages are going heavy on tech, but digital cannot come at the cost of physical, says Ajay Menon, MD and CEO (Broking and Distribution), Motilal Oswal Financial Services. In an interview to Siddhant Mishra, he says a super app for clients is on the cards, while the franchise model is also thriving and helping onboard […]
Top dividend-yield PSU shares: Coal India, Oil India, PTC India, and moreTop dividend-yield PSU shares: Coal India, Oil India, PTC India, and more
If you are looking for value buys in the market at the moment, you may consider these relatively high dividend paying PSU stocks as potential opportunities to increase the return. According to a list of the highest dividend-yielding PSU shares compiled by Religare Broking, Coal India, Oil India, and PTC India shares were among the […]
FII, DII data: FPIs bought shares worth Rs 722 cr, DIIs added shares worth Rs 2406 cr on August 16, WednesdayFII, DII data: FPIs bought shares worth Rs 722 cr, DIIs added shares worth Rs 2406 cr on August 16, Wednesday
Foreign institutional investors (FII) bought shares worth net Rs 722.76 crore, while domestic institutional investors (DII) added shares worth net Rs 2,406.19 crore on August 16, 2023, according to the provisional data available on the NSE. For the month till August 16, 2023, FIIs sold shares worth net Rs 9,148 crore while DIIs bought shares […]
Nifty 50 to retest lifetime highs, Bank Nifty to outperform benchmark; midcaps may rally 25% within few monthsNifty 50 to retest lifetime highs, Bank Nifty to outperform benchmark; midcaps may rally 25% within few months
ByDharmesh Shah The equity benchmark edged higher while enduring its relatively outperformance against the global peers. The Nifty settled the week at 18534, up 25 points. The broader market continued to outperform as Nifty midcap surged 1.6% while small cap gained 3%. Sectorally, consumption, pharma, realty outshone while energy, financials relatively underperformed. Going ahead, we […]
Revolutionising Travel: Delhi-Dehradun Expressway to cut travel time between two cities to half – Here’s when it will open for publicRevolutionising Travel: Delhi-Dehradun Expressway to cut travel time between two cities to half – Here’s when it will open for public
Exciting news awaits road travelers as the construction of the six-lane Delhi-Dehradun Greenfield Access Controlled Expressway is in full throttle. This expressway, spanning 212 kilometers, commences from the Delhi-Mumbai Expressway near Akshardham in Delhi. According to media reports, the expressway will become operational sometime in March this year. The mega project is divided into four […]
Nifty range-bound, to trade in broad range of 18400-18900, small-caps to outperform; Bank Nifty consolidatingNifty range-bound, to trade in broad range of 18400-18900, small-caps to outperform; Bank Nifty consolidating
By Dharmesh Shah The equity benchmark snapped four weeks winning streak last Friday and concluded the week on a subdued note tracking muted global cues. The Nifty settled the previous week at 18665, down 160 points or 0.85%. The broader market performed in tandem with the benchmark as Nifty midcap, small cap lost 1%, each. […]
India-focused portfolio outperforms benchmarks: GREED & fearIndia-focused portfolio outperforms benchmarks: GREED & fear
GREED & fear’s India equity portfolio has outperformed the benchmark Nifty50 and the MSCI India since inception, according to the quarterly review of the long-only portfolios by Christopher Wood of Jefferies. According to the report, none of the portfolios have been allowed to own cash since inception. Further, the India portfolio has gained 26.5% on […]
Burmans bolster financial services play with ReligareBurmans bolster financial services play with Religare
The Burman family’s open offer for acquiring Religare Enterprises has brought into focus their financial services play. The promoters of consumer goods company Dabur India have been slowing acquiring stakes in financial services companies for a while now. The family with a worth of $10 billion, according to Forbes India Rich List, have a 26% […]
Manoj Vaibhav IPO subscribed 58 per cent on day two of offerManoj Vaibhav IPO subscribed 58 per cent on day two of offer
The initial public offer of Manoj Vaibhav Gems N Jewellers was subscribed 58 per cent on day two of bidding on Monday.The initial share sale received bids for 53,05,203 shares against 91,20,664 shares on offer, as per NSE data. The retail individual investors (RIIs) part received 73 per cent subscriptions while the category for non-institutional […]