Is ‘king of metal- gold’ set for another round of big bull run?
When global central banks were just about to make a U-turn from their jumbo hiking in Q3 2022, the gold finally bottomed out. At that time, USD was weakening against DM and EM currencies, and that helped gold prices to rise in USD terms.
2 mutual funds exit Paytm stock in March despite rally
In a recent exchange filing, the company said it has achieved a new milestone in offline payments with the deployment of 6.8 million Paytm payment devices like Soundbox and PoS. In just one year, the company has gone to 6.8 million devices deployed from 2.9 million devices a year ago.
PB Fintech, Patanjali Foods among 10 top midcaps MFs sold in March
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Notwithstanding Hindenburg report, 5 mutual funds shopped for Adani Power, Adani Wilmar stocks in March
Motilal Oswal Mutual Fund (MF), Mirae Mutual Fund and Edelweiss Mutual Fund bought shares of Adani Power while UTI MF and HSBC MF shopped for Adani Wilmar, according to March mutual fund analysis published by Nuwama Institutional Equities.
Banking sector to deliver over 40% PAT growth in Q4; ICICI Bank, Chola Investment top buys
We estimate slippages to remain under control, which, along with recoveries, should improve the asset quality. The restructured and ECLGS books have been resilient, which along with a low SMA book will keep credit costs under control in FY23. Though, we expect a slight uptick in credit costs in FY24.
ETMarkets Smart Talk: Auto, industrials and consumption sectors could benefit from margin expansion in FY24: Kaizad Hozdar
Global markets too are facing recession headwinds and global GDP growth is likely to be at multi-year lows in CY’23. That said, we have undergone a reasonable time correction of a year and a half.
HDFC Bank Q4 Preview: PAT seen rising 21% YoY, Dalal Street to look for 5 major updates
Provisional numbers shared by the lender earlier this month showed that advances grew about 17% on year to Rs 16 lakh crore as of March-end, and was up 6% from December-end.
Sunil Subramaniam on SIP inflows, AUMs at 15-month low and more
“The MF industry has been seeing redemptions because people have been booking profits for their investments over the past years. Minus SIP flows, gross lump sum flows minus redemption, generally it is a negative number. That has made the AUM come down. Also, as the corporate capex cycle revives, corporates which had parked their surpluses […]
This multibagger BSE500 stock turns Rs 10,000 to Rs 16 lakh in 10 years
According to the latest shareholding pattern available with the exchanges, public shareholders own a majority of the stake at 62.68%, while the remaining 37.32% is owned by promoters and promoter groups.
More headwinds? Recession before rebound main theme for CY23: Trideep Bhattacharya
“Banks, from a slightly longer-term perspective, are in a bit of a sweet spot. When I say banks, I mean, lending financials. The reason I say so is if you look at where they stand today relative to where they come from over the last three-four years, you will notice that they have gone through […]