Vedanta, ITC among top 10 stocks that saw highest selling by MFs in March
Key additions by MFs in March were Infosys, Reliance Industries and HDFC.
Kitchen staples pinch on weather, disease woes
Climatic changes, crop damages caused by unseasonal rainfall, and diseases in cattle have resulted in increase of kitchen staple prices, say traders. Despite the centre rolling out price-control measures, sugar, milk, jeera and dhaniya prices have soared in the last week while tur, urad and chana prices have remained firm. To fill the demand-supply gap, […]
Anand Rathi Wealth Q4 Results: Net profit jumps 23%
For FY23, the wealth management firm reported a consolidated net profit of Rs 169 crore, up 33% from the year-ago period. Total revenue rose 31% to Rs 558 crore.
These 4 healthcare stocks touch their new 52-week highs
On Wednesday, the Sensex ended with a gain of 235 points, reaching 60,393 levels. During this upward trend, four stocks belonging to the BSE healthcare index achieved their new 52-week highs, which is the highest price at which a stock has traded in the past year. This technical indicator is often used by traders and […]
These 5 small caps indicate bullish trend
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US inflation slows in March but remains above Fed target
Although greeted by President Joe Biden as a sign of progress, several commentators noted that the inflation rate remains far above the Fed’s two percent target, adding that inflation remained elevated when food and energy costs are stripped out
Ace investor Porinju Veliyath picks up 5.69% stake in multibagger tech stock via block deal
Its clients include large and medium enterprises across sectors such as healthcare and life sciences, supply chain and logistics, banking and financial services, energy, education, and environment.
Ahead of Q4 results, Infosys, RIL, HDFC were top additions by mutual funds
Key additions to the portfolio included Gujarat Fluorochemicals, GAIL (India) and State Bank of India. Their major reductions were HDFCBank, Navin Fluoro International and Container Corporation.
India’s March retail inflation eases below RBI’s upper tolerance level
The March consumer price index (CPI) inflation came a week after the RBI’s Monetary Policy Committee (MPC) maintained a surprise status quo on interest rates. However, Governor Shaktikanta Das said that “it is a pause, not a pivot”.
How should you allocate towards debt in portfolio now? Ashish Kehair answers
Following the changes in debt fund regulations, direct bonds and credit alternatives will become popular with retail investors, along with credit alternative investment funds (AIFs) and absolute returns AIFs for wealthier individuals. Recent Budget changes mean that debt mutual funds have become taxable, so investors may turn to these alternative instruments. Commenting on RBI policy, […]