9 equity MF categories that delivered over 20% returns in 5 years
Around 9 equity mutual fund categories have offered over 20% returns in the last five years, according to data by ACE MF. These categories offered returns between 20.39% and 26.11% in the period. Here is the full list:
Tech Mahindra Q4 Results Preview: Weakness to persist as profit, revenue seen falling
Tech Mahindra’s Q1 performance is expected to be subdued due to uncertain macro conditions and cautious tech spending. Net profit for March 2024 may decline up to 40% YoY, as per four brokerages. Revenue, too, will likely see a fall.
Tech View: Nifty forms Doji candle ahead of monthly expiry. What traders should do on Thursday
Going ahead, 22,500 level remains a significant resistance on the monthly expiry day, but a sustained trade above 22,500-22,550 could trigger further upward movement, potentially driven by contract adjustments.
Wireless equipment, wireline offer significant opportunities of replacement: Tejas Networks management
Tejas Networks, led by Anand Athreya and Arnob Roy, anticipates strong growth fueled by diverse opportunities like 5G upgrades, BharatNet, and global broadband expansion. The company aims for flawless execution, efficient supply chain management, and leveraging a healthy order book.
Ex-Jane Street trader pillories claims he stole trade secrets
Responding to a lawsuit filed by Jane Street this month, Douglas Schadewald said it was “not only wrong, but impossible” that he and a fellow defector, Daniel Spottiswood, cost the company more than $150 million in profits between February and March when they went to work for rival Millennium.
Gold price drops by Rs 2,900 in just 10 days. What should investors do?
Gold prices dropped by Rs 2,900 in 10 days to Rs 71,065 per 10 grams from a peak of Rs 73,958, as investors ignored Middle East tensions. MCX June gold futures edged up by Rs 36, while May silver contracts rose by Rs 172 to Rs 80,850/kg today.
Tata Consumer shares fall 5% as Q4 results fail to impress. What’s the new target price?
Tata Consumer shares dropped 5% to Rs 1,112 on BSE as its Q4 net profit fell 19% YoY to Rs 217 crore. Goldman Sachs maintains a neutral rating, citing slowed India beverage growth and margin reliance on international and unbranded segments.
F&O stocks to buy today: Biocon, Dabur among top 9 trading ideas
On the options front, the maximum Call OI is placed at 22400 and then towards 22600 strikes while the maximum Put OI is placed at 22100 and then towards 22300 strikes.
We should not assume India will be the best place to come in for foreign investors as there are other options: TV Narendran, Tata Steel
TV Narendran of Tata Steel discusses the steel industry in India, emphasizing the need for growth to outpace GDP, potential as a global exporter, and strategies to address import delays and visa issues from China while enhancing local production capabilities. He says: “Over a period of time, we would like to de-risk sourcing out of […]
Big movers on D-Street: What should investors do with ABFRL, Tata Consumer and HUL?
Stocks that were in focus included names like ABFRL, which rose 9.24%, Tata Consumer, which was flat, and HUL, whose shares increased 0.96% on Tuesday.