Number of millionaires in India to double by 2026: Credit Suisse

The report said wealth per adult in India has risen at an impressive average annual rate of 8.8 per cent since the year 2000 and stood at $15,535 at the end of 2021, which is far below the global mean.By year-end 2021, median wealth in India had fallen to 41% of the world value, but […]

US Fed meet today: Will all hell break loose if Powell opts for 100 bps rate hike?

Equity strategist Kranthi Bathini of Wealth Mills Securities opines that the impact of Fed meet’s outcome would be relatively less on India. “We are in a better position fundamentally. We never had zero interest rates and no ultra-loose monetary policies to trouble us. Fed rate hikes impact us as well but to a lesser extent,” […]

IFL, Alphalogic, Bodhi Tree & 5 other stocks to trade ex-bonus this week

Bonus shares are additional shares investors get at no cost for their holding in a company. Free reserves and surplus of the company are deployed to issue these bonus shares. Generally, corporate actions like these are seen to trigger investor interest in such stocks. Here are the 8 stocks that shall trade ex-dividend this week:

Cipla, IEX among seven top trading ideas for solid returns in short-term

After the sharp selloff last week, domestic equity markets kicked off the new week on a positive note hinting that volatility is likely to sustain on Dalal Street in the near term. To make the most of the uncertainty, analysts are suggesting investors to initiate trade in select stocks to make decent returns. Based on […]