Promoters cash in on market crash, raise stakes by over 1% in 11 BSE500 firms. Take a look!
In the September quarter of FY23, prompted by a fall in shares, promoters of 11 BSE500 firms — Uno Minda, Infosys, Birlasoft, GMM Pfaudler, Bajaj Auto, NCC, Vardhman Textiles, Jindal Steel & Power, Strides Pharma Science, JM Financial and VIP Industries — raised stakes between 1-3%.
ETMarkets Fund Manager Talk: Lure of big money the major driving force for equity investors: Basant Maheshwari
“Stock investors are different from cricketers, actors and musicians. Passion remains the driving force in other disciplines like cricket, acting and music, but the lure to make big money is the first and immediate driving force for investors. But passion comes after an investor has learnt to get it right.”
Mega bets! 9 stocks where FII holdings are valued at over Rs 1 lakh crore
RBI in final stages of retail CBDC pilot rollout
Officials indicated that the platform for CBDC is being hosted by the National Payments Corporation of India and will be similar to the current UPI platform. The central bank wants each bank to test the retail CBDC with 10,000 to 50,000 users for the pilot project.
Axis Bank among 20 stocks that made crorepati investors richer last month
While ICICI Bank and HDFC Bank are among the top two consensus picks of both brokerages as well as mutual funds, PSU banks have been outshining amid solid growth in their corporate loan books. Global brokerage BofA Securities says PSU banks have been narrowing the gap with private lenders on many metrics. It sees Bank […]
Golden Crossovers: These 4 stocks signal further bullishness
Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside.
The new don of Dalal Street gets 3 times more powerful in just 2 years!
“Retail investors’ participation into these sectors (midcaps and smallcaps) have largely been aided through the IPOs which are back on track, as also with the basket-based portfolio opportunities that are provided by various platforms,” said Anand Varadarajan, director at Asit C. Mehta Financial Services.
At multi-year highs: Airtel & 3 others stocks give 5-year breakouts
Big Movers on D-St: What should investors do with Engineers India, Info Edge and Union Bank of India?
If the stock manages to close above the same, then we can expect an uptrend rally towards 4500-4600. On the flip side, trading below 3850 may increase further weakness till 3700.
US stock market: Nasdaq, Dow drop as hawkish Fed official comments weigh
Data showed the number of Americans filing new claims for unemployment benefits fell last week, suggesting the labor market remained tight. A report on Wednesday detailed strong retail sales growth last month, indicating the economy has weathered rate hikes.