Softbank exits Paytm at loss of around USD 150 million
Softbank held around 18.5 per cent stake in Paytm before the company’s initial public offering (IPO) in 2021. It held a 17.3 per cent stake through SVF India Holdings (Cayman) Ltd and 1.2 per cent through SVF Panther (Cayman) Ltd.
FII buying in June crosses Rs 15,000 crore. Will IT results attract more inflow?
While domestic investors, led by mutual funds, have been sustained buyers in all months of calendar year 2024 so far, FIIs have alternated between buying and selling.
F&O Talk| Nifty charts don’t indicate weakness, prefer Bull Call Spread: Sudeep Shah of SBI Securities
The week broadly witnessed a range bound movement for both the indices but the prices are comfortably placed above the 10 day EMAs on a weekly time frame. The 50 component Nifty index ended Friday with gains of 0.8% or 186 points at 24,502 while Bank Nifty closed flat with a gain of 0.02% or […]
RVNL, Shipping Corporation among 10 stocks rally over 10% this week
The week ended July 12 witnessed a big rally in sectors like railway, defence, shipbuilding companies and fertilizers, ahead of the Union Budget which is scheduled on 23rd July.The week also witnessed a jump in tea and rice stocks given the rising prices due to heat and flooding for the former and easing of export […]
PFC, REC, RVNL among 97 stocks in focus ahead of Union Budget by BofA Securities
FY25 budget announcement is scheduled on July 23rd. One of the key focuses will be on the government’s allocation for excess dividend receipts from the RBI and CPSEs.Global brokerage firm BofA Securities expects $6.6 billion worth of allocations to stimulate state capex, $9.6 billion towards populism to boost consumption and no change to FY25 fiscal […]
DMart Q1 Results: PAT grows 17.5% YoY to Rs 774 crore, revenue up 19%
Contribution from General Merchandise and Apparel continued to improve during the quarter and this is reflected in the gross margin uptick (Q1 FY 2025 vs Q1 FY 2024). Operating costs have gone up due to continuing effort on improving service levels and building capability for the future
This multibagger pharma stock turns Rs 10,000 to Rs 2.7 lakh in 10 years. Should you buy?
Accordingly, if an investor had invested Rs 10,000 in the stock four years ago and stayed put, the investment would have jumped to 2.7 lakh, according to an analysis by ET Markets.
Premiumization in India: Unlocking investment opportunities
Consider the automotive industry: 60% of car registrations in India in FY24 have been SUVs, highlighting a preference for higher-end vehicles offering status and comfort. In the two-wheeler segment, growth is driven by demand for power bikes Similarly, metropolitan real estate markets, particularly in Mumbai, NCR, Bangalore, and Chennai show a rise in demand for […]
Jim Leitner’s tips on strategic investing for long term success
According to Jim Leitner, this is the crucial factor that can determine who will earn significant profits in the market. Leitner, a renowned macro trader, emphasizes that an investor must not let emotions take control while investing and should acknowledge that losses are an inevitable part of the investment journey. He advises that investors should […]
Decoding Market Trends: Top 4 technical indicators which retail investors should know before trading
By mastering technical analysis, financial market participants can enhance their ability to understand market trends, optimise investment strategies, and ultimately achieve greater financial success.