What should investors do with HDFC AMC, KFin Tech and EasyTrip Planners?

Equity benchmarks reached new record highs last week due to foreign fund inflows and a positive global market trend. Stocks in focus were HDFC AMC, which saw a 11.5% rise, KFin Technologies, with a gain of 6.77%, and Easy Trip Planners, which fell 3.22%. Analyst Pravesh Gour recommends buying HDFC AMC for the long term, […]

India’s growth to slow down in H2: Jahangir Aziz, JP Morgan

India’s growth is expected to slow down in the second half of the year, in line with the deceleration of the global economy. However, this slowdown is necessary to maintain macroeconomic and financial stability. The government’s fiscal deficit target and India’s large foreign exchange reserves should help to support macroeconomic stability.

Disclosure norms: FPIs may get 3 months to cut exposure

According to Sebi’s new regulations, FPIs – other than sovereign funds, pension funds and public retail funds – having more than 50% of their equity assets under management in a single corporate group or with total equity exposure of ₹25,000 crore or more would have to share the identities of their ultimate beneficial owners (UBOs) […]

Support above 18,900 can take Nifty to 19,700: Analysts

​Chart patterns suggest that the zone of 18,900-18,950 for the Nifty will be strong support going forward. Until the index sustains above the level of 18,900, we may witness the continuation of this strong momentum up to the level of 19,450-19,500. However, if the index slips below 18,900, profit booking up to 18,650-18,500 could be […]

This will be India’s decade, stars are well-aligned: Rahul Jain

“This substantial growth – adding $3.5 trillion-4 trillion to our economy (in nominal terms) – equals what even the entirety of Europe is likely to achieve,” he said. “It is no wonder that companies worldwide are recognising the significance of this opportunity.”

A $7.5-b derivative trade shifts to India as SGX tussle ends

SGX Nifty, the Singapore Exchange-traded futures on India’s key equity NSE Nifty 50 Index, will be known as GIFT Nifty from July 3, and all outstanding orders will be transferred to the GIFT City, the new financial hub in the western Indian state of Gujarat.