Hindustan Zinc declares Rs 7 per share dividend. Parent Vedanta to get Rs 1920 crore
The returns given by Hindustan Zinc shares over the last 12 months stand at near 33% according to Trendlyne data which is higher from the returns given by Nifty50 during this time. The latter has given returns of 20%, Trendlyne data suggested.
Bulk and block deals worth over Rs 8,400 crore this week. Piramal Enterprises, Airtel top charts
Investors Shah Rakesh and Satpal Khattar sold shares worth Rs 697 crore and Rs 510 crore, respectively in Eric Lifesciences and IIFL Finance. Meanwhile, HDFC Mutual Fund and BNP Paribas Arbitrage bought shares worth Rs 94 crore and Rs 51 crore in Eric Lifesciences and CEAT.
For wealth creation: 5 largecap stocks with right mix of ROE & ROCE
Are banks more prone to interest rate cycles or is it manufacturing business which is more vulnerable to higher interest rates? Would rapidly rising use of artificial intelligence tools bring more risk to software companies as some of them may lose their relevance or it would be adding more value to the manufacturing sector. ET […]
3 factors that support EV growth in India; watch out for stocks in auto and OEM space: Anurag Jhanwar
Overall macroeconomic factors provide comfort as we are seeing a fall in inflation, a pause in interest rate cycles, an increase in foreign investment in the equity markets led by issues being faced globally.
Weekly Top Picks: 4 stocks with score improvement and upside potential of up to 46%
In the last one month as more and corners of Dalal street come under control of bulls, stocks from different sectors have seen an improvement in their analyst scores. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk […]
HDFC Bank to replace HDFC from MSCI Global indexes from July 13
The move is not expected to trigger any weight changes, a Nuvama report said. MSCI will continue with the half factor for the merged entity and passive trackers will have to sell around USD 150-200 million of the merged entity on the potential index adjustment.
Canara Bank showing signs of breakout from long consolidation phase: Rupak De
However, a non-stop rally of 900 points from 18600 level and a PCR ratio of around 1.50 suggest a slightly overbought condition for the market. The immediate resistance is visible at 19500; a failure to move above 19500 on a sustained basis might call for profit booking in the market.
Super breakout in Nifty…What’s next?
First, let’s look at the fund flows. Currently, India is a hot spot for investment in emerging markets. Foreign institutional investors (FIIs) have demonstrated their confidence in our equity markets by investing Rs 121,728 crores in FY24 so far.
ITR for crypto gains: What should investors keep in mind?
All cryptocurrency purchases, sales, and transactions are subject to a 30% capital gains tax on profits, with no provisions for reduced rates or deductions under Section 115BBH. Along with the capital gains tax, a 1% Tax Deducted at Source (TDS) fee is applied to crypto asset transfers. Any transaction exceeding Rs 50,000 in a given […]
Nifty Bank hits fresh record highs in July; ICICI Bank, SBI could see 18-20% upside in 12 months
The divergence ranged between ~10% and ~60% per year, highlighting the obvious but decisive role of getting the sector call right at the beginning of a CY. Both sectors have very natural and pertinent macro linkages.