12 equity MFs crossed Rs 1K NAV. Here’s how they fared
Around 12 equity mutual funds have crossed Rs 1,000 NAV, according to the data by ACE MF. Three flexi cap and mid cap, two ELSS, one aggressive hybrid, large & mid cap, large cap, and a thematic fund featured on the list. Here is how these equity mutual funds have fared since their inception.
Sebi issues administrative warning to Vedanta
Vedanta has been warned by the markets regulator to strengthen its internal control for corporate announcements and press releases. Sebi found violation of Sections 12A (a), (b), (c) of SEBI Act, 1992 r/w Regulations 3 (b), (c),(d), 4(1) & 4(2) (k) & (r) of SEBI (PFUTP) Regulations, 2013 in respect of Vedanta publishing information related […]
Tech View: Nifty call writers increase positions at 22,500 strike. What should traders do next week
Nifty stayed below the psychological 22,500 mark, with call writers at the 22,500 strikes significantly increasing their positions. On the downside, support is expected to hold at 22,400. The buy-on-dips strategy is likely to persist as long as it remains above 22,400.
Mukka Proteins lists at 57% premium over IPO price; should you hold or sell for listing gains?
While existing investors who want to book listing gains may exit their holdings, investors with a long-term view can hold the stock by keeping a stop loss at Rs 35, she added.
Gold prices jump Rs 2,800 per 10 grams in 6 sessions. What should investors do now?
Gold prices surge to fresh 52-week high of Rs 65,525 on hopes of US Federal Reserve considering an interest rate cut in June. Analysts suggest waiting for correction before buying gold at elevated levels.
Commodity Talk: Gold overbought, wait for corrections, says Jigar Pandit of Sharekhan
Jigar Pandit, Vice President at Sharekhan by BNP Paribas says: “Gold is overbought and one should wait for correction. Entry levels at $2,100 and $2,088 suggested. Long term target remains $2,400. Uncertain about June rate cut. We expect silver to perform sluggish in H1-2024 as Industrial demand from China has been very weak since returning […]
Investors already made a killing in IPOs this year with returns of up to 180%. Check top 5 gainers
Vibhor Steel nearly tripled investors’ wealth on the listing day with over 180% gain on debut. Despite some dip, the stock is still trading 107% over the IPO price.
Global funds catch craze for India’s minnows in hunt for winners
The number of firms with more than 10% overseas shareholding rose to 275 on the BSE 500 Index as of December-end, versus 257 a year ago, according to a Bloomberg analysis of foreign institutional ownership data.
Hot Stocks: Brokerages view on BEL, Jubilant FoodWorks, Syrma SGS and MGL
Brokerage firm Nuvama maintained a buy rating on MGL, CLSA initiated coverage on Syrma SGS Technology with a buy rating, CLSA maintained a sell rating on Jubilant FoodWorks, and UBS maintained a buy rating on BEL.
Mukka Proteins debuts with 57% premium over IPO price
Mukka Proteins’ shares debut with a 57% premium. The IPO received strong subscription. The company sells fish meal domestically and exports to multiple countries. It has a significant market share in India and recorded impressive revenue and profit growth.