Smallcap vs largecap mutual funds: Where to invest?
Analysts predict that largecap mutual funds will outperform in 2024, reversing the trend of smallcaps overshadowing largecaps in 2023. Indian Large Caps offer growth potential and attractive valuations, with soaring RoE, robust PAT, and impressive Sales figures. Motilal Oswal Mutual Fund has launched the NFO of Motilal Oswal Large Cap Fund, open for subscription till […]
Park Hotels IPO to open on February 5. Check key details
The IPO comprises a fresh equity issue of Rs 600 crore and an offer for sale of Rs 320 crore. Under the OFS, promoter Apeejay Pvt Ltd will offload shares worth Rs 296 crore.
Nova Agritech GMP: Will there be listing pop at bourses Wednesday?
Ahead of the debut, the company’s shares are trading with a premium of Rs 23 in the unlisted market. Considering the upper price band of Rs 41, the stock is expected to list with a premium of over 50%
Blackstone’s Aadhar Housing Finance targets $600-million IPO: Report
The IPO attempt is Aadhar’s second shot at a listing after a $1 billion IPO plan in 2022 was called off amid market volatility that followed the Russia-Ukraine war.
Tech View: Dark clouds appear on Nifty charts. What traders should do on pre-Budget day
OI data showed that on the call side, the highest OI was observed at 21,700 followed by 22,000 strike prices while on the put side, the highest OI was at 21,500 strike price.
BPCL vows up to Rs 1.7 lakh crore capex investment in 5 years; shares jump 5%
Shares of BPCL hit a 52-week high on the NSE, rising 5% following its Q3 earnings. The company plans to invest Rs 1.5-1.7 lakh crore in capex over the next 5 years. BPCL is well-positioned for the Mozambique gas project and is unaffected by the Red Sea crisis. The company expects oil prices at $80-$90/BBL […]
Sebi returns IPO papers of Gretex Share Broking
The company filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) in December 2023.
Technical Stock Pick: This auto component stock nearly doubles from 52-week low; reclaims 200-weekly EMA
Samvardhana Motherson Ltd, an auto component company, has experienced a surge in its stock price, reaching a 52-week high and showing an impressive 80% increase from its low in March 2023. This strong momentum is supported by the significant role played by the 200-weekly Exponential Moving Average (EMA), which has transitioned from acting as a […]
Bitcoin heads toward winning streak last seen in pandemic before record high
Bitcoin aims for fifth straight monthly gain, fueled by pandemic-era rally and shifting views on monetary policy. The digital asset rose 2% in January amid swings from US spot Bitcoin ETF rollout. BlackRock Inc. and Fidelity Investments launched Spot Bitcoin ETFs, attracting new investors and contributing to Bitcoin’s 160% surge last year. Grayscale Bitcoin Trust […]
PB Fintech Q3 results today: First positive PAT likely. Key things to track for investors
PB Fintech Q3 results: PB Fintech, operator of policybazaar, to report Q3 results today with expected revenue growth of 34% YoY and first positive profit. Analysts predict a profit of Rs 26.9 crore. The company’s Q2 revenue from operations grew at 42% YoY to Rs 812 crore. JM Financial expects strong growth in insurance premium […]