Sebi to tell brokers, funds to limit use of financial influencers: Report
India’s Securities and Exchange Board (SEBI) is set to limit brokers and mutual funds’ usage of financial influencers in marketing campaigns, as the surge in retail investors during the pandemic has led to a proliferation of influencers pushing financial advice on social media platforms. SEBI fears misleading information could be given.
Q4 Results Today: What to expect from Britannia, Marico, Paytm and Federal Bank?
Britannia Industries may see a 16% YoY increase in its net sales for Q4 ended on March 31, 2023, at INR 4,103 crore, led by a 2-3% growth in volume and a 13% increase in price. Marico’s revenue growth is expected to be muted at 3% YoY at INR 2,233 crore. The revenue of Paytm […]
We should aim to increase number of unique investors to ten-fold in next decade: Navneet Munot
The success of the mutual fund industry in India is attributed to its track record, transparency, technology, and campaigns like Mutual Fund Sahi Hai. The total SIPs have doubled from Rs. 7,000 crore to Rs. 14,000 crore in the past five years, and the number of SIPs has surged 10 times from 60 lakh to […]
Death Crossovers: TCS among 7 stocks that signal bearishness
In the NSE list of stocks, seven stocks with a market cap of over Rs 250 crore have been witnessing Death Crossovers, according to stockedge.com’s technical scan data. The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stock’s short-term simple moving average (SMA) crosses below its […]
ETMarkets Fund Manager Talk: Stock/sector selection key for outperformance in volatile 2023: Asit Bhandarkar, JM Financial AMC
The market has been undergoing a time correction over the last 18 months following the deterioration of global macros due to rising interest rates, high inflation, slowing growth and volatile geopolitics.
Positive Breakout: HDFC Life among 5 stocks that crossed their 200 DMAs
There are some circumstances when you need a credit card but if you want to shop for small things then ditch it and use the debit card or UPI or cash. This keeps tabs on your spendings and makes you refrain from impulse buying.
ETMarkets Smart Talk: Banking, capital goods & defence sector to see traction in FY24: Poonam Tandon
Despite external factors with respect to inflation and global slowdown remain challenging for India, we are positive on the domestic economy as the overall macro situation is superior to other markets from a long-term perspective.
Stocks to buy today: PVR, SBI among top 7 short term trading ideas
Indian markets are expected to consolidate on Friday following muted global cues, with the weekly maximum Call OI placed at 18300 and the maximum Put OI placed at 18200. On Thursday, Nifty50 closed above 18200 levels, with Call writing seen at 18600 then 18400 strikes and Put writing at 18200 and 18100 strikes. SBI Life, […]
Diversify into uncorrelated asset classes to generate long-term alpha: Manu Awasthy, Centricity Wealth
Having spent more than 2 decades in the wealth management industry, Awasty sees technology platforms driving hyper growth for the industry in the coming years.
Apple iPhone sales inch up, bolstering results amid shaky economy
Apple’s Q2 2023 results have surpassed expectations thanks to better-than-anticipated iPhone sales and positive performance in India and other emerging markets. Despite global economic slowing, the tech company’s revenue and earnings exceeded Wall Street’s expectations, and even though China’s economic growth is slower than anticipated, Apple’s gross profit margins for the current quarter are expected […]