These 7 MF houses were sitting on over Rs 5,000 crore cash in February
In February, mutual funds were sitting on Rs 1.33 lakh crore cash. Seven of them have allocated over Rs 5,000 crore cash in February, according to data by ACE MF.
Coal India, Vedanta among 5 metal stocks that recorded highest profit in Q3
Ahead of the fourth quarter earnings season, here’s the list of companies that have recorded the highest profit among peers in the December quarter.
Tech View: Nifty forms small green candle on weekly charts. What traders should do next
Nifty’s short-term trend remains positive. A sharp move above the hurdle of 22,200-22,300 levels could pull the index towards new all-time highs around 22,550 levels. The index has witnessed two days of recovery following a Doji formation on the daily chart, indicating a bullish reversal
IIFL Finance among 10 smallcaps that lost most from 52-week high levels
Some 43 stocks are down between 20-29% and 40 have dropped in the range of 10-19%
Technical Stock Pick: Why investors can go long on RIL post recent dip, Shilpa Rout explains
If the momentum continues, short-term traders can look to buy the stock for a possible target of 3300 in the next 3-4 weeks, suggest experts.
ETMarkets Smart Talk: How to invest money in FY25? Allocate 60% to equities, 15% to debt and 15% to commodities: Samir Bahl
Samir Bahl recommends a significant allocation to equities for long-term wealth accumulation, balancing with debt instruments and commodities for diversification. He advises a gradual liquidation strategy to safeguard gains and reinvestment opportunities in dynamic markets. Bahl says: “This year we may see a continued rise until May with potential healthy corrections in early June post […]
60% equity mutual funds fail to beat their benchmarks in FY24
We considered all equity categories such as large cap, small cap, mid cap, large & mid cap, ELSS, flexi cap, focused fund, multi cap, value fund, and contra fund categories. We considered regular and growth options. We calculated returns during the financial year 2023-24 starting from April 1, 2023 to March 20, 2024.
Serial gifter! IDFC First Bank CEO gifts 7 lakh shares to retired Air Force officer, 4 others
V Vaidyanathan of IDFC First Bank gifts 7 lakh shares worth Rs 5.5 crore to individuals, including an Air Force veteran and a child who lost his parent. The banker, who owns around 1% stake in the private sector lender, has so far gifted around Rs 80 crore worth of shares to friends and those […]
Government not in favour of regulatory intervention in stock markets: Report
In February, the market regulator had asked the Association of Mutual Funds in India (AMFI) to put in place a framework to regulate the flows into the midcap and smallcap funds which have been unprecedented in the last one year.
Maruti to broaden portfolio as hybrids outsell EVs: Shashank Srivastava
Shashank Srivastava predicts 11% industry sales growth with March expected to reach 42,35,000, an 8.8% increase over last year’s Rs 38.9 lakh. Plans include expanding hybrid portfolio to meet emission norms by 2030. . The segment-wise sales have been increasing for our SUVs and the larger MPVs. That is also, by the way, the direction […]