Max Financial and GMR Airport among 10 companies with highest promoter pledged holdings
Top 10 companies that stand at highest pledged holdings by promoters as a percentage of their holding, compiled by Kotak Equities.
Hot Stocks: Brokerage view on Voltas, Bharat Forge, Hero MotoCorp and TVS Motor
After the fourth-quarter results, Jefferies upheld a buy rating for TVS Motor and Hero MotoCorp. Meanwhile, Citigroup suggested selling Bharat Forge but buying Voltas.
Q4 results today: SBI, Asian Paints among 69 companies to announce earnings
On Thursday, State Bank of India (SBI), the foremost public sector lender in India, will be among the 69 companies set to unveil their financial results for the quarter ending March 2024. Investors will also keep a close eye on companies like Asian Paints, BPCL, and Indian Overseas Bank as they announce their results.
F&O stocks to buy today: Biocon, Axis Bank among top 9 trading ideas
On the weekly options front, the maximum Call OI is placed at 22500 and then towards 22700 strikes while the maximum Put OI is placed at 22000 and then towards 22200 strikes.
Are loans against MF investments better than credit card or personal loans? Shweta Jain answers
Shweta Jain advises against impulsive borrowing, recommends loan alternatives to credit cards, and stresses timely repayment. Mutual fund loans offer lower rates, varied tenure, with caution needed on charges and provider selection, regardless of age. Against equity mutual funds, one could get 40-50% of the value. In the case of debt MFs, one can get […]
Dow ends higher for 6th session, but Treasury yields pressure market
The Dow Jones Industrial Average ended higher on Wednesday, stretching its winning streak to six straight sessions and closing above 39,000 points for the first time in five weeks, as investors kept betting on supportive U.S. monetary policy.
Government gains PSU muscle as stocks climb peaks
The value had touched a high of 22% of total market capitalisation of listed firms in June 2009, dropping to a low of 5.1% in September 2020 before doubling since then, according to data from primeinfobase.com. Re-ratings amid large valuation discounts, high dividend yields, record cash flows and news of possible privatisation triggered a sharp […]
Piramal Enterprises back in the black on large tax write-back
On an annual basis, PEL swung to a loss of 1,684 crore from a profit of 9,969 crore, due to the impact of AIF provisions during the fiscal.
Citigroup sells Voda Idea shares worth Rs 234 crore
Citigroup Global Markets Mauritius disposed of 19,04,25,000 shares of Vodafone Idea, as per BSE data. The shares were disposed of at an average price of 12.27 apiece, taking the transaction value to 233.65 crore.
Diagnostics chains at inflexion point: Emkay
“With competitive intensity reducing after the emergence of the new normal post-pandemic, we believe Indian organised diagnostics chains stand at the cusp of inflexion,” said the firm’s analysts Anshul Agrawal and Eshan Bhargava in a client note.”