Trent, Zomato help Junior Nifty beat midcap and smallcap peers. Where to invest?
Tata Group’s Trent, poised to join the Nifty 50 on September 30th after the NSE reshuffle, has been a top performer with a remarkable 244% return in the past year. Other standout stocks include Zomato, Power Finance Corporation (PFC), REC, Hindustan Aeronautics (HAL), Indian Railway Catering and Tourism Corporation (IRCTC), and Bharat Electronics (BEL), delivering […]
GMR Airports to acquire 10% stake in Delhi International Airport at estimated $126 million
GMR Airports Infrastructure will acquire a 10% stake in Delhi International Airport Limited (DIAL) from Fraport AG for $126 million. GMR, which already holds 64% of DIAL, anticipates completing the transaction within 180 days.
Sebi dismisses insider trading charges against Infosys staff & entities, lifts market restrictions
Sebi lifted restrictions on Infosys employees and related entities, dismissing insider trading charges. The regulator vacated previous orders from 2021, allowing the affected individuals and entities to access the securities market and releasing any impounded funds.
Hinduja Group firm IIHL to raise Rs 3,000 crore via NCDs
The central bank had appointed Nageswara Rao Y as the administrator, who invited bids in February 2022 to take over the company.The proceeds will be used to part fund the acquisition of RCAP, while the other leg of the transaction to complete the process for Rs 4,300 crore is parallelly underway which will be subject […]
Tech view: Nifty needs to break out above 25,150 for trend reversal. How to trade on Tuesday
Although the Nifty’s short-term trend is still weak, the market shows promising signs of a sustainable recovery after a minor dip. According to Nagaraj Shetti of HDFC Securities, crossing the 25,150 level is crucial for confirming a potential upward trend reversal. He also notes that immediate support lies at 24,750.
Mutual fund SIP vs lumpsum investment: What’s the best strategy in this market?
With the stock market experiencing fluctuations, mutual fund investors are unsure whether to opt for SIP or lumpsum investments. Experts suggest that asset allocation should be based on risk appetite, investment horizon, and liquidity needs. Large cap-oriented strategies and a staggered approach via SIP or STPs are recommended to manage market volatility.
PN Gadgil Jewellers IPO: Top brass on ‘Peshwa route’ and how it became a legacy jeweller in Maharashtra
ET Markets, in an exclusive episode of IPO TALK, spoke with Saurabh Gadgil, Managing Director of PN Gadgil Jewellers, to understand how well the company is positioned at this point and what are the prospects.
Tata Tech hopes to achieve 20-21% margin in next 2-3 years: Warren Harris
Warren Harris, CEO of Tata Tech, discusses the company’s focus on margin preservation and growth in the EV sector. Tata Tech aims to achieve a 20-21% margin in the next two to three years. The company is also excited about its partnerships with Agratas and BMW, which are expected to drive future growth.
What to do with Vodafone Idea, HUDCO, Oil India and 3 other stocks? Aamar Deo of Angel One decodes
It is a foregone conclusion that there is a very high probability of a rate cut, it’s the quantum of the cut that is driving the markets. Also, it is being expressed by some quarters in the US, that the US Fed appears to be behind the curve this time, in rate cuts.
2 near-term triggers for the market; earnings visibility highest in consumption-driven sectors: Sandeep Bhatia
Sandeep Bhatia of Macquarie Capital highlights the importance of state elections and US political stability for market triggers. He emphasizes earnings visibility in domestic consumption sectors and discusses trends in the auto industry, particularly luxury cars and SUVs. Bhatia also notes the potential impact of interest rate adjustments on NBFCs and private sector banks.