MF favourites: 8 freshly-added stocks in 15 schemes

​In Tuesday’s MFs screening, we picked up stocks that are freshly added by most MFs schemes in the month of August 2022 as compared to the previous month. We considered only stocks which are freshly added by over 15 MFs schemes in the month of August (Data Source ACE MF). For investors, it is always […]

India’s formal sector employment jumps by 0.4 million in January-March quarter

As per the survey (QES), which is fourth in series of the revamped survey released last year, manufacturing employed 12.25 million workers followed by 6.9 million in the education sector, 3.8 million in IT/BPOs and 3.3 million in the health sector. These four sectors constituted 83% of the total estimated workers in the nine sectors.

Tech View: Is range-bound Nifty scary? What investors should do on Wednesday

“Nifty formed a Bearish candle on the daily scale and has been making lower highs – lower lows from the last five trading sessions. Now, till it remains below 17,166 zones, weakness may be seen towards 16,800 and 16,666 zones whereas hurdles are placed at 17,166 and 17,250 zones,” said Chandan Taparia of Motilal Oswal […]

Multibagger smallcap rallies 6% as board approves 1:1 bonus share issue

“The bonus issue of equity shares in the proportion of 1 equity share of Rs 10 each for every 1 share of Rs 10 each held by the shareholders of the company as on the record date to be fixed by the board, subject to the approval of shareholders through postal ballot”, said the company […]