6 zero-debt penny stocks under Rs 25 that have rallied up to 900% in just one year
Here are 7 such penny stocks under Rs 25 with zero debt levels. These stocks have also given multibagger returns to investors in the last one-year period.
Looking to ‘Sell in May & go away’? 10-year history shows you may lose out on gains
ICICIDirect Research has closely examined the performance of NSE Nifty index over the past 20 years to verify if this adage holds true in the Indian context
First Republic collapse sparks sector-wide regional bank shares sell-off
The collapse of First Republic Bank, the third major casualty of the US banking sector since 2008, has led to the fall of shares of regional lenders. The KBW Regional Banking Index was down nearly 1%.
JPMorgan to buy embattled First Republic Bank after seizure by regulators
JPMorgan Chase & Co has agreed to buy First Republic Bank after the regulatory authorities took over the troubled lender. JPMorgan will assume all of First Republic’s uninsured and insured deposits, in addition to substantially all of its assets, according to a statement by the California Department of Financial Protection and Innovation. The move came […]
Shoonya pays compensation totalling Rs 3 crore to traders after tech glitch
Shoonya, the zero broking platform, has compensated customers with Rs 3 crore ($402,000) following a technical glitch which occurred on April 13th. The error, which affected traders between 9.15am and 9.30am, left hundreds out of pocket. The glitch impacted a specific set of customers, with only first trades in that window being affected by incorrect […]
Railway stocks lead the charge as PSUs gain up to 56% in one month. Should you buy?
Railway stocks dominated the PSUs that have offered double digit returns in April 2021, according to an analysis by ET Markets, with Railway Vikas Nigam leading the charge after shares rose more than 50% in a month. Other transport stocks, Ircon International and Indian Railway Finance Corporation, also posted healthy gains. Analysts attribute railway stocks’ […]
New Sebi rule from today: A ban that’s a boon in many ways
This move of SEBI further increases the working capital requirement of stock brokers. This will only affect brokers who have the practice of pledging clients’ funds to create BG for their own use and increase the leverage and risk exposure of clients. For brokers who have already fallen in line with the recent implementations of […]
Learn With ETMarkets: Futures Contracts 101 – understanding the basics
Futures trading involves contracts between two parties to buy or sell a specific commodity or financial instrument at a predetermined price and date in the future, Jay explained to Tara and Dev. The purpose of futures trading is to manage risk through hedging. Futures exchanges, such as the Chicago Mercantile Exchange, appeared in the 19th […]
Bounceback: Bitcoin at $30,000 level, but surge puts $100,000 within sight
Bitcoin is set to climb for the fourth consecutive month after an April gain, the best streak since the six-month climb through March 2021. In the past decade, four months winning runs have foreshadowed a Bitcoin surge of 260% in the year subsequent to the streak. This kind of run has led to projections that […]
Rising funding costs weigh on private banks
For Kotak Mahindra Bank, the proportion of CASA deposits in total deposits fell to 52.8% from over 60% a year ago. Savings account deposits also declined 4% to ₹1.09 lakh crore from ₹1.14 lakh crore a year ago. For HDFC Bank, while time deposits expanded to ₹10.47 lakh crore of the overall deposits, the proportion […]