Quant Mutual Fund dominates list of schemes with negative returns in one month
The first eight funds in the list of losers were from Quant Mutual Fund. Quant ELSS Tax Saver Fund lost 1.08% in the last one month period. Quant Value Fund lost around 1.03% in the said period. Quant Large Cap Fund and Quant Mid Cap Fund lost 0.97% and 0.91% respectively.
Tech View: Nifty can rally up to 25,500 in short term. Here’s how to trade on Friday
Nifty rose by about 100 points on Thursday’s expiry session, hitting a record high and finding strong support at 25,000. The “Saucer” formation suggests further gains if this support holds, with the highest Open Interest at 25,300 and 25,500 call strikes, and 25,000 put strikes.
Need to create balance between tech and human touch in mutual fund space: Nilesh Shah
“I have to create a balance where I am able to cater to both. Not everyone has a smartphone. Everyone is not legitimately smart. There exists both– India as well as Bharat. My technology should be such that it can work on both sides,” Shah, who was participating in a panel discussion at the Global […]
Top 10 MF schemes of 2024 and their star stocks, do you own any?
ETMarkets’ latest MF analysis reveals CY24’s top 10 mutual fund schemes and their standout stocks, showcasing successful investment strategies and promising sectors for investors.
India’s growth story brightens: Moody’s boosts GDP forecast to 7.2% for 2024
Moody’s has raised India’s real GDP growth projections to 7.2% for 2024 (up from 6.8%) and 6.6% for 2025 (up from 6.4%), citing strong, broad-based growth driven by resilient private consumption and improved business conditions. The Indian economy grew 7.8% year-over-year in the first quarter of 2024, with both the industrial and services sectors thriving […]
SME IPOs: Why tighter norms are needed for merchant bankers & social media
Ashvin Parekh highlights the critical need for enhanced regulations and transparency in India’s SME IPO market. He emphasizes the roles of regulators, merchant bankers, and social media in mitigating misuse and protecting investors to ensure the market retains its credibility and does not suffer due to fraudulent activities and misinformation.
BSE SME IPO index bleeds 4% in an overall bullish market post Sebi warning
The SME IPO index recently reached the 1 lakh mark, but faced a drop on Thursday as Sebi warned investors against blindly investing in SME stocks. Sebi highlighted that some promoters create unrealistic pictures of their operations. Investors are urged to be cautious and avoid relying on unverified social media posts or rumours.
JM Financial raises Nykaa’s target price to Rs 250 on growth prospects and profitability improvements
JM Financial has reiterated its ‘Buy’ rating on Nykaa, raising the target price to Rs 250, reflecting a 15% upside from the previous day’s Rs 217 closing price. The upgrade is driven by Nykaa’s strong FY24 performance and strategic market positioning.
Once rates are cut, will commodities & high-growth companies face reversal? Dinshaw Irani answers
Dinshaw Irani, CEO of Helios MF, discusses India’s high real interest rates and their impact on private sector capital expenditure. He believes the private sector will wait for interest rates to decline before investing. He also highlights the stability of the banking sector and platform companies with globally established formulas as key investment areas.
TV18, Network 18 shares surge up to 13% on CCI approval of RIL-Disney merger
TV18 Share Price: Shares of TV18 Broadcast and Network18 Media and Investments rose after the Competition Commission of India approved the merger of Viacom18 and Star India. The approval sets the stage for creating India’s largest media and entertainment firm, with Reliance holding a 56% stake, Disney 37%, and Bodhi Tree Systems 7%.