F&O stocks to buy today: ICICI Bank, Indigo among top 8 trading ideas
The Nifty50 closed below 22400 levels on Monday led by losses in banking stocks. It has formed sizeable bearish candles, indicating the possibility of consolidation within an overall uptrend.
Big movers on D-Street: What should investors do with Zomato, IndiGo and RVNL?
Stocks that were in focus included names like Zomato, which fell 3.16%, IndiGo, which rose 3.52%, and RVNL, whose shares dropped 3% on Monday.
Sebi chief flags bubble in midcap, smallcap space
Madhabi Puri Buch, Sebi chairperson, expresses concerns over stretched valuations of small- and mid-cap stocks favored by retail investors. AMFI directs mutual funds to provide additional disclosures. Sebi plans to bring in more disclosures on risk factors and allow T+ 0 trade settlement.
Retail chorus against ICICI Sec’s delisting gets louder as EGM nears
While the company has engaged the services of Trustwell Management Consulting to educate investors on the delisting process, many retail shareholders have joined forces via social media platforms to oppose the delisting. They argue that the brokerage firm is being delisted at a significantly lower valuation.
China’s slump concerns persist despite global stock market rally
About three-quarters of 238 MLIV Pulse respondents are somewhat or very concerned about the country’s problems spilling into other major economies this year. This underscores the concerns among global investors that China’s economic troubles and absence of effective policy response will hit global investment and consumption cycles.
Iron Ore woes deepen as inventories keep piling up
The steelmaking material has tumbled by around a quarter from a peak in early January as China’s real estate and manufacturing activity remained under pressure. The annual National People’s Congress in Beijing, which concludes Monday, offered few prospects of a demand boost, and iron ore stockpiles at ports have ballooned to the highest in a […]
Benchmark 10-year yield softens to 9-month low
The 10-year benchmark bond yield closed at 7.02%, its lowest level since June 14, 2023, Bloomberg data showed. In the previous day’s trade, the benchmark yield had settled at 7.03%. Bond prices and yields move inversely. Government bond yields are the benchmarks used for pricing bonds issued by companies.
What the US economy needs is a cheap date
Food prices have increased by 25%, taking up over 11% of income in the US. Despite inflation, people spend more in restaurants. Meanwhile, TVs, air conditioning, and car services became cheaper. This has resulted in a big drop in the standard of living for many people. There has been a lot of theorising about why […]
SIP account additions accelerate further in February
Net SIP addition grew by 66% annually over the past five years supporting the 34% annual growth in the SIP asset under management (AUM) during the period.
Longer term repo operations to help ease call rates: Report
Goldman Sachs report suggests that longer-term repo operations beyond 14-days, especially when government cash balances are high, could help call money rates converge closer to the benchmark policy rate as and when the Reserve Bank starts easing its policy rates to address the recent tightness in India’s inter-bank liquidity.