Defence stock rallied up to 28% last week. Check top winners
Indian defence sector stocks surged sharply last week, gaining up to 28%, as the government’s strong focus on the sector remains unwavering. These stocks are likely to continue their upward streak as, upon resuming charge as defence minister, Rajnath Singh set a target to generate military exports worth Rs 50,000 crore annually and vowed to […]
Global rate-cut juggernaut is struggling to start
Central banks cagey about joining the global interest-rate cutting cycle may reveal themselves this week with a quartet of decisions in advanced economies.
Gland Pharma, Hindustan Copper among 18 stocks exited by 7 mutual funds in May
Around seven mutual funds exited from 18 stocks in their portfolio in May. Here is the breakdown of the stocks exited, according to Mutual Fund Insight by Nuvama Alternative & Quantitative Research.
Godawari Power and Ispat board approves Rs 301 crore share buyback at 30% premium, sets record date
This buyback, amounting to Rs 301 crore, represents up to 1.64% of the company’s total paid-up equity share capital as of March 31, 2024 (excluding 45 lakh equity shares held by the Trust in Treasury), the company said in an exchange filing.
Nifty in a narrow range between 23,300-23,500. How to trade this week
“For Nifty Bank, one should wait for a breakout confirmation above the 50,200 mark. If the index breaks above 50,200, it will open the path to 51,000 on the upside, with strong support at 49,800.”
BEL, NTPC, and RIL among top 10 stock holdings of Nippon India Mutual Fund
Nippon India Mutual Fund manages assets under management totaling Rs. 4.93 lakh crore as of May 2024 and oversees 189 mutual fund schemes. Here are the top 10 stock holdings of the fund house, according to a report by Motilal Oswal Financial Services.
Dabur’s target price raised to Rs 700 on management’s upbeat take on consumption revival: Emkay Global
Emkay Global anticipates that Dabur will benefit from consumption recovery, leveraging its stable distribution expansion, extensive portfolio category coverage, continued emphasis on innovation, and sufficient liquidity for bolt-on acquisitions.
Are you a common investor or a smart investor? 5 ways to combat volatility
Market volatility unnerves investors who may panic, leading to hasty decisions and missed opportunities, such as during India’s recent election results. Despite a sharp initial drop, equity markets rebounded to all-time highs soon after. Mastering market fluctuations is crucial for long-term financial security.