PB Fintech, 2 Tata group stocks among top 10 midcaps MFs sold in June
The list includes two Tata group companies along with new-age stock PB Fintech
Bandhan Bank Q1 Preview: PAT seen falling up to 14% in a soft quarter
Bandhan Bank’s Q1FY24 results are expected to be weak due to a sequential decline in loan growth and seasonably weak quarter, with net profit projected to fall up to 14%. However, the bank anticipated loan and deposit growth to be 20% above industry
Turning jobseekers into job-givers key goal of government: Chief Economic Adviser V Anantha Nageswaran
“It relieves pressure on the job market. In terms of financing, the credit guarantee scheme that was launched during Covid, and continued until this year, has done a wonderful job in ensuring that the MSME space remains vibrant,” he said at an event organised by Bharatiya Yuva Shakti Trust (BYST) here on Wednesday.
India-China trade shows first signs of slowdown in years
China’s exports to India in the first half of this year totalled USD 56.53 billion compared to USD 57.51 billion last year registering a decline of 0.9 per cent, according to the data released by Chinese customs on Thursday. India’s exports to China during the same period totalled USD 9.49 billion compared to USD 9.57 […]
Ahead of Market: 10 things that will decide D-Street action on Friday
“Nifty is likely to consolidate in the range of 19300 – 19570 and until this range is decisively breached on either side we can expect the sideways price action to continue. Overall, the trend is positive, and Nifty is undergoing time-wise correction. The crucial support zone stands at 19360 – 19320 while the resistance zone […]
The Healthy Climb: 7 healthcare stocks hit new 52-week highs
On Thursday, the benchmark index Sensex went up by about 165 points and reached a high level of 65,558. What’s exciting is that 7 stocks on the BSE healthcare index also reached new high levels in the past 52 weeks. This is significant for traders and investors because the 52-week high is an important way […]
Influx of inquiries from European companies on renewed interest in India: World Trade Center
The World Trade Center (Pune) is receiving 10-15 inquiries every week from European companies who are keen to manufacture or distribute from India. “There is an influx of inquiries from Europe for India for manufacturing and distribution. Before the pandemic, the interest was more in China,” said Niraj Khinvasara, Chief Innovative officer, World Trade Center […]
Credit bureau flags risk of retail loan boom
Notably unsecured consumption-led products have risen a compounded annual growth rate (CAGR) of 47% from the quarter ending March 2021 to March 2023 and credit card delinquencies rose 66 bps ( one bps is 0.01 percent) year-on-year in the March 2023 quarter to 2.94 percent.
Tech View: Brick wall of 19,500 still stands strong for Nifty. What traders should do on Friday
Nifty is likely to consolidate in the range of 19,300 – 19,570 and until this range is decisively breached on either side we can expect the sideways price action to continue. Overall, the trend is positive, and Nifty is undergoing time-wise correction. The crucial support zone stands at 19,360 – 19,320 while the resistance zone […]
Viral Berawala on 4 sectors that may report good Q1 earnings
In fact, a couple of weeks back, India-dedicated flows received the highest levels in probably 15 years. We just got $500 million per EPFR in that week. So, one is liquidity. Now, if you go to fundamentals, Q4 numbers were okay, EBITDA growth YoY of 11%, PAT growth of 19% but the quality was poor […]