Quant Mutual Fund answers FAQs on Sebi probe, returns expectations
Stating that there was no further action from SEBI int the suspected front running case in which it is being probed, Quant Mutual Fund today assured investors in a communique that the fund house is functioning normally and its performance would be at par with its style.
Infra and defence mutual funds dominate returns chart in first half of 2024
The first half of 2024 showcased the dominance of infrastructure and defense-based mutual funds in the market. While some international funds faced challenges, strategic investment decisions were crucial. Diverse performances emphasized the need for a well-rounded portfolio strategy to navigate the market effectively.
Kotak Institutional Equities initiates coverage on Coforge, sets Rs 6,000 as target price
Kotak analysts anticipate a robust 20.2% CAGR in earnings per share for FY2024-27E. This growth is driven by a 12.3% organic revenue CAGR and a 150-basis point expansion in EBIT margins.
RBI warns of risks from rapid rise in derivative trading volumes
A rapid rise in derivative trading volumes in India could pose several challenges, India’s central bank said in its Financial Stability Report released on Thursday.
Tech View: Short covering rally takes Nifty beyond 24K. Here’s how to trade on Friday
The underlying trend of Nifty continues to be positive. A sustainable move above 24000-24100 levels could pull Nifty towards another Fibonacci extension resistance of around 24380-24400 levels in the near term.
Post Nifty@24000, is it time for profit-booking? Sunil Subramaniam answers
The widening gap in valuations between the mid-cap as well as the small cap pack and the largecap pack means that this is a wonderful opportunity to rotate it and bring down the average one-year forward PE of the portfolio by buying good quality, solid, robust largecaps, says Sunil Subramaniam.
Looking at a Goldilocks scenario for corporate earnings? Mukul Kochhar is betting on 3 sectors
Mukul Kochhar says growth will be structurally higher by a percent, percent-and-a-half and one factor is the current account surplus which should get us into a more stable economic growth cycle. I feel that the private capex cycle is going to be very strong and going to focus a little bit on manufacturing.
What would Japanese intervention to boost a weak yen look like?
Amid market uncertainties and political pressures, Prime Minister Fumio Kishida considers intervening to stabilize the yen ahead of the ruling party leadership race. The effectiveness of intervention in addressing public concerns over the weak yen and rising living costs remains uncertain.
Party Continues: Sensex, Nifty hit new highs; RIL and Bharti Airtel lead the dance
NSE’s Nifty rose 147.5 points, or 0.62%, to close at 23,868.8 and hit a record of 23,889.90 during the day. BSE’s Sensex rose 620.73 points, or 0.8%, to end at 78,674.25, having touched an intraday high of 78,759.40.
SBI raises Rs 10,000 cr via bond sales to fund infra projects
Separately, ICICI Bank is likely to carry out a sale of infrastructure bonds on June 28, with the private lender looking to raise up to ₹3,000 crore through 10-year securities, debt capital market sources said. SBI’s infrastructure bonds, which mature in 15 years, bear a coupon – or rate of interest to be paid to […]