Diwali 2024 stock picks: Inox Wind, KPIT Tech, 7 more counters to buy for Samvat 2081
As we are about to begin Samvat 2081 in less than a week, Axis Securities has identified nine stocks for this Diwali that could deliver handsome returns for investors. The global markets will take cues from the US election, the Chinese economy, activity during the ongoing festival season, oil prices, and fund flows amid bouts […]
Sky Gold board approves 9:1 bonus issue after 418% stock rally in one year
Sky Gold’s Board has approved a bonus issue of shares in a 9:1 ratio, meaning investors will receive 9 additional shares for every share they hold. The record date for the issuance will be announced later. Bonus shares are fully paid additional shares that aim to enhance liquidity and lower the stock price.
Diwali Delights: These 10 penny have soared over 100% since last year
Since last Diwali, the benchmark Sensex index has surged by around 22%. Amid this impressive rally, several penny stocks have transformed into multibaggers. ETMarkets identified 10 penny stocks that have gained between 100% and 300% during this period. The selection focused on stocks with a market capitalization below Rs 1,000 crore, a share price under […]
4 mutual fund NFOs to open for subscription this week
Four mutual fund NFOs will open for subscription this week. These funds are index funds offered by Motilal Oswal Mutual Fund. (Source: ACE MF)
Gold at new lifetime highs: Is it safe to invest now?
Gold prices recently surged to a new lifetime high, driven by uncertainty surrounding US presidential elections and declining job numbers, despite reports of weak demand from China. The metal has been on a bullish trend, supported by escalating geopolitical tensions, US Federal Reserve rate cuts, a weak global growth outlook, and strong demand from central […]