Bajaj Housing looks well placed to benefit from rising housing demand
Bajaj Housing Finance plans to raise Rs 6,560 crore via a share issue and offer for sale. Promoter Bajaj Finance will reduce its stake from 100% to 88.7%. BHFL, a fast-growing mortgage lender with robust financials, seeks to leverage increasing mortgage demand.
Tech View: Nifty trajectory looks choppy, support at 25,000-24,900. Here’s how to trade on Friday
On Thursday, Nifty ended slightly lower, forming a small red candle and closing 53.60 points down at 25,145. The short-term trend remains choppy, with key support at 25,000-24,900 and immediate resistance at 25,300, according to Nagaraj Shetti of HDFC Securities.
Adani Enterprises’ Rs 400 crore NCD issue oversubscribed by over 200%. Should you apply?
Adani Enterprises’ Rs 400 crore debenture issue, launched on Wednesday, saw a 221% oversubscription on its second day, driven by strong retail interest. The non-convertible debentures offer annual yields between 9.25% and 9.90%, closing on September 17. The issue will help repay existing debt and fund general corporate purposes.
Tirupati Balajee Agro Trading IPO sails through on first day of bidding process. Check GMP, other details
Retail investors displayed the highest enthusiasm for the offering, with their portion being subscribed 4.5 times over. Qualified institutional buyers followed closely behind, subscribing 3.5 times the allocated shares. Non-institutional investors also showed considerable interest, subscribing 1.5 times their reserved portion of 30.66 lakh shares.
DP Singh on falling bond yield, cheap SIPs & how SBI MF is getting a billion dollars net into equity schemes every month
SBI Mutual Fund’s AUM has surpassed Rs 11 lakh crore, with equal contributions from SIP and non-SIP modes, says Deputy MD & Joint CEO DP Singh . The mutual fund industry is seeing significant growth, with SBI capturing an 18% market share. Lower yields and crude prices are favorable for hybrid funds, offering potential gains […]
Why you should look to build a core and satellite portfolio
Financial planners suggest equity investors build a core and satellite portfolio, combining active and passive strategies. The core should be long-term oriented with large-cap focus, while the satellite portion can take tactical bets on sectors or themes. This mix aims to optimize returns and manage risks effectively.
Not the time to exit the market, but investors need to play safe: Sandeep Tandon
In overall portfolio we have cut down, we have pruned down capital good significantly, because where we saw some amount of hype getting built and valuation was slightly stretched.
Is the long-term bull market in PSU stocks over? Sandeep Tandon answers
So, the key message is that keep analysing yourself, analyse your mistakes, and then you have willpower to learn from that and rectify that, that is the important learning I have seen from most of the veterans people.
New Asian Tiger? India beats China in one of MSCI’s emerging market indices
India has overtaken China in the MSCI EM Investable Market Index and is close to becoming the largest weight in the more popular EM index. This shift indicates increased foreign investment flows into Indian equities, driven by improving free float and rising relative earnings.
Zomato shares rally 8% as JPMorgan hikes target price to Rs 340
Zomato Share Price: Shares of Zomato surged 7.6% on the BSE today, hitting an intraday high of Rs 261.50, following JPMorgan’s target price increase to Rs 340 from Rs 208, while maintaining an overweight rating. JPMorgan highlighted Zomato’s leadership in retail consumer transformation through Quick Commerce and its expansion across metros after validating the model […]