ETMarkets Fund Manager Talk: This fund manager sees investment opportunities in 6 sectors during a rate-cut cycle
Siddharth Voraa says: “Within this broader landscape, while Indian equities do reflect steeper valuations, they continue to be supported by robust domestic macros and fundamentals. Despite indications of elevated valuations based on various fundamental and technical metrics, historical trends suggest that premium valuations and euphoric sentiment in markets can persist for 3-6 months on an […]
Premji Invest-backed Gold Plus Glass files DRHP for IPO; fresh issue size Rs 500 crore
The IPO comprises a fresh issue of shares worth Rs 500 crore, and an offer for sale of 1.57 crore shares by two promoters – Suresh Tyagi and Jimmy Tyagi – besides Premji Invest-owned PI Opportunities Fund I, and Kotak Special Situations Fund.
Lower govt borrowing to prop up growth, moderate inflation’ says RBI Governor Shaktikanta Das
Finance Minister Nirmala Sitharaman in her interim Budget had proposed to borrow Rs 14.13 lakh crore by issuing dated securities to meet revenue shortfall in the next financial year starting on April 1.
Tech View: Nifty may remain on sell-on-rise mode. What traders should do on Tuesday
The momentum indicator aligns with this bearish outlook, displaying a crossover. Nifty might remain in sell-on-rise mode as long as it remains below 21,850. On the downside, support is situated at 21,500, Rupak De of LKP Securities said.
Yes Bank shares fall 11% on profit booking post 40% rally. Should you buy, sell or hold?
Yes Bank stock has been on a strong uptrend after the Reserve Bank of India’s (RBI) nod to HDFC Bank to buy a stake in the private lender and the State Bank of India’s denial of a stake sale in the company.
Expect rural growth to initiate from Q1 or H1 of next fiscal: NH Bhansali, Emami
Emami expects profitable growth not only from the Man Company and Brillare but also from other brands. These investments demonstrate a clear path to profitability for the company. The rural has still not started that kicking off and Emami expects rural growth to initiate from the first quarter or first half of the next fiscal […]
PMS Tracker: 22 PMS schemes gave double-digit returns last month
Invasset’s Growth Pro Max Fund was the biggest gainer in the pack with a monthly return of 17.14% in January. The multi-cap fund has given an astonishing return of 133% in the last one year period, shows data pulled from PMS Bazaar.
Shark Tank judge Aman Gupta makes Rs 5.8 crore profit with Rs 20 lakh investment
Aman Gupta’s Rs 20 lakh investment in ice popsicle brand Skippi has turned into Rs 6 crore. In the first edition of the reality TV show in December 2021, Gupta and four other sharks had together invested Rs 1 crore for a 15% stake in the startup.
Rs 32,000-crore bet! These 7 BFSI stocks saw highest buying by FIIs and MFs in Q3
Axis Bank, HDFC Bank, Bajaj Finance, and Cholamandalam Investment and Finance were the stocks that FIIs bought the highest in the financial services space in the December quarter, data by Prime Database showed.
If India grows @6-7%, can ITC grow 14-15%? Here’s what Sanjiv Puri has to say
Sanjiv Puri, CMD of ITC, expresses the aspiration for ITC to grow ahead of the economy, particularly in the domestic consumption sector. He acknowledges the global context as a dampener but highlights the potential in the Indian economy and the company’s plans to scale up the core portfolio, address adjacencies, and build future categories.