Stock market holidays in 2023: Trading to be shut for 15 days next year
Then with no break in July, the markets will observe a holiday on the occasion of Independence Day on August 15. Post that on September 19, markets will be shut for Ganesha Chaturthi.
Big Movers on D-St: What should investors do with FACT, Bharat Dynamics and Hikal?
Stocks that were in focus include names like FACT which was up nearly 10%, Bharat Dynamics which gained more than 2%, and Hikal which gained more than over 3% on Thursday.
ETMarkets Smart Talk: The govt could simplify the structure of capital gains tax regime in Budget 2023: Jaideep Hansraj
While the domestic economy follows a middling path, risks of negative surprises will persist. We expect moderate growth, stable but relatively elevated inflation, steady interest rates, and a volatile INR to mark India’s macro profile.
Dollar eyes best year since 2015; Fed rate path, China reopening to set tone
Policymakers from the European Central Bank and the Bank of England have signalled more rate hikes to come next year, in a bid to tame inflation even at the risk of hurting their economies.
Indian lenders strong enough to counter worst of macro stress: RBI
It may go down to 14.0% in the medium stress scenario and to 13.1% under the severe stress scenario by September 2023, but it will stay above the minimum capital requirement. None of the 46 banks would breach the regulatory minimum capital requirement of 9% in the next one year, even in a severely stressed […]
Six Indian auto stocks among top 10 global peers based on value creation in 2022
According to the Bloomberg data, TVS Motor Company is ranked second with a stock return of 72% following 106% returns of Ford Otomotiv Sanayi, a Turkish unit of Ford, which holds 41% stake. Mahindra & Mahindra (M&M) and Eicher Motors ranked fourth and fifth with returns of 50% and 23%, respectively
ICICI Pru Life’s assets touch Rs 2.5 lakh cr on strong growth
“This is an outcome of offering customer-centric products, growth in new business premium, industry-leading persistency ratios, superior customer service and delivering superior risk-adjusted returns,” the company said in a statement.
Eicher Motors picks 10.35% in Spain’s Stark Future for Rs 50 million
As part of this collaboration, the Board of Directors of Eicher Motors has approved an investment of € 50 million for a close to 10.35% equity stake in Stark Future. With this investment, Eicher Motors will have a seat on Stark Future’s Board, and will explore further opportunities to collaborate in the space of electric […]
Rollovers hint at a bullish start to 2023
About 79.2% of Nifty futures contracts were rolled over to January on Thursday as per actual exchange data. This is slightly higher compared with the three-month average of 78.6% but lower than 90% of the carried forward positions in the previous series.