Paytm investing in AI to build Artificial General Intelligence software stack: CEO
CEO Vijay Shekar Sharma said Paytm’s next contribution will be small mobile credit with high credit quality and fully compliant with the regulators guidelines
Can Chinese economic recovery boost silver prices?
Silver returned to the limelight in May when prices surged to near one-year high. The boost in prices largely came from industrial demand, especially from China
These 5 capital goods stocks touch their new 52-week high
During Monday’s trading session, the benchmark index Sensex experienced a rise of about 267 points, reaching a closing value of 65,216. During this rally, five stocks belonging to the BSE Capital Goods index achieved new peak levels within the previous 52 weeks. The 52-week peak holds significant significance for specific traders and investors, serving as […]
Next wave of startups will come from Tier II and III cities: Vignesh Shankar
The inaugural fund was structured as a proprietary fund, backed by our personal capital, in collaboration with a few friends from our school. The nomenclature “Artha99” derives from our school year of completion, which was 1999.
Tech View: Nifty takes support near 50-DMA. What traders should do on Tuesday
Nifty exhibited a positive tone as it maintained levels above the crucial support point of 19,250. A breach below this level could potentially spark unease within the market, causing concerns among investors.
Up 175% YTD! Multibagger microcap stock to trade ex-bonus on Tuesday
Veer Global Infraconstruction, a real-estate developer, has announced a 1:1 bonus issue, trading ex-bonus on August 22. The bonus shares will carry the same rights as the existing equity shares, will rank equally, and will entitle shareholders to participate in full in any dividend and corporate actions recommended.
These 5 sectors have the highest FPI AUM as of July 2023
FPIs have turned big-time buyers of Indian stocks over the past few months, barring August when the sentiment has tampered a bit. Despite this, they own stocks worth billions of dollars on D-Street, thus swaying the market mood.
Vishnu Prakash R Punglia sets IPO price band of Rs 94-99 per share
It owns a fleet of about 484 construction equipment assets which includes crushers, excavators, loaders, dozers, paver machines, ready mix concrete plants, concrete mixtures, cranes, tractors and transportation vehicles from some of the leading suppliers.
Jefferies picks ICICI Bank, Zomato, Tata Motors & 19 others as its top stock bets
Jefferies has increased its weight on the financials from an earlier 25.9 to 31 with an ‘Overweight’ stance. Its top pick remains ICICI Bank followed by Axis Bank and IndusInd Bank for respective targets of Rs 1,240, Rs 1,200 and Rs 1,750. Other picks include ICICI Prudential Life Insurance Company, Bajaj Finance, Cholamandalam Finance, SBI […]
PNB Housing Finance shares rise over 8% on recovery of Rs 784 crore NPA
The company said it has fully recovered this corporate NPA, constituting about 1.3% of the loan asset as of June 30, 2023. The resolution of this account was achieved on August 19, 2023, by selling the loan to an asset reconstruction company under the Swiss Challenge method under RBI’s rules.