India’s market regulator is investigating the relationship between the Adani Group and a fund incorporated in the British Virgin Islands to see if there has been a violation of share ownership rules, two sources with direct knowledge of the matter said. The fund is called Gulf Asia Trade & Investment, the sources said. It is […]
Bear market phase offers great investment opportunityBear market phase offers great investment opportunity
By Ambareesh Baliga Ask any investor in the market the secret of making money and most will come with 2 tips – First of all Buy Low and Sell High and Buy when there is Fear & Panic and Sell when there is Greed & Euphoria in the market. Great textbook mantras to begin investing […]
Dollar gains more than expected, Euro, Pound under pressure; rupee could face volatility on RBI commentaryDollar gains more than expected, Euro, Pound under pressure; rupee could face volatility on RBI commentary
By Gaurang Somaiya Rupee at the start of the week consolidated in a narrow range and volatility remained low as investors remained cautious ahead of the important numbers that were expected to be released on the global front. On the domestic front, India’s fiscal balance number was released and data showed the deficit stood at […]
Is Meta boss Mark Zuckerberg constructing ‘doomsday bunker’? Here’s what latest buzz saysIs Meta boss Mark Zuckerberg constructing ‘doomsday bunker’? Here’s what latest buzz says
Mark Zuckerberg, CEO of Meta, and his wife, Priscilla Chan, who serves as the co-founder and co-CEO of the Chan Zuckerberg Initiative, are reportedly planning to construct a 5,000-square-foot underground shelter on their sprawling 1,400-acre ranch in Hawaii. According to a recent ‘Wired’ report, this subterranean refuge is designed to be self-sufficient, equipped with its […]
Nifty to continue its winning streak or fall in trade? See GIFT Nifty, FII data, F&O ban, crude, more before market opensNifty to continue its winning streak or fall in trade? See GIFT Nifty, FII data, F&O ban, crude, more before market opens
GIFT Nifty traded up 19 points, or 0.10%, at 19,849, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously on Wednesday, the NSE Nifty 50 gained 0.62% to settle at 19,811.35, while the BSE Sensex added as much as 393.69 points to 66,473.05. “Markets edged higher and gained […]
Chandrayaan-3 success: Aerospace, defence stocks continue to rallyChandrayaan-3 success: Aerospace, defence stocks continue to rally
Shares of companies related to aerospace and defence sectors continued to remain in the limelight on Thursday, with firms such as Centum Electronics rallying nearly 20 per cent, after the successful touchdown of Chandrayaan-3 mission’s Vikram lander on the Moon. The stock of Centum Electronics zoomed 19.69 per cent, Paras Defence and Space Technologies Ltd […]
FPIs take out Rs 4,800 crore from equities in first fortnight of September; sell-off may continue for nowFPIs take out Rs 4,800 crore from equities in first fortnight of September; sell-off may continue for now
Foreign portfolio investors (FPIs) have pulled out close to Rs 4,800 crore from equities in the first fortnight of September on rising US bond yields, a stronger dollar, and concerns over global economic growth. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in […]
JSW Investments divests 1.27 per cent stake in JSW Energy for Rs 717 croreJSW Investments divests 1.27 per cent stake in JSW Energy for Rs 717 crore
Promoter JSW Investments on Wednesday pared a 1.27 per cent stake in JSW Energy for Rs 717 crore through open market transactions.GQG Partners, Washington State Investment Board, AustralianSuper, Reliance Trust Institutional Retirement Trust Series Twelve, Witan Investment Trust Plc, and Alliance Trust Plc, among others, were the buyers of the shares of JSW Energy. According […]
PSU banks rally on bond inclusion hopesPSU banks rally on bond inclusion hopes
On a day when the performance of benchmark indices was subdued, state-owned lenders became the bright spot for markets. The Nifty PSU Bank index jumped 3.4% on Monday, on the back of reports suggesting that the Indian government bonds are likely to be included in global bond indices. The benchmark Nifty50 also closed the session […]
Markets in a short term uptrend, Nifty could target 18,135; buy these two stocks for gainsMarkets in a short term uptrend, Nifty could target 18,135; buy these two stocks for gains
By Subash Gangadharan On the daily chart, we observe that the Nifty has recently bounced back from the lower end of a downward sloping channel and has witnessed a smart rally over the last 5 weeks. In the process, the Nifty has crossed its previous intermediate high of 17,800, thereby reversing the recent intermediate downtrend. […]