Zaggle Prepaid shares jump 2.5% on Rs 950 crore fundraise plans
In addition to the fundraising approval, the company also announced the appointment of Virat Sunil Diwanji as a Non-Executive, Non-Independent Director. Diwanji is a seasoned banker with over 30 years of experience in building, managing, and growing retail consumer businesses across both liabilities and assets.
Positive Breakout: These 4 stocks close cross above their 200 DMA
In the Nifty200 pack, four stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on October 30, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day […]
ETMarkets PMS Talk: We are bullish on India macro; October correction likely to offer better opportunities to investors: Amit Goel
I must also acknowledge the market sentiment, which peaked by the end of September. A few factors aligned in our favor, and being fully invested at the time worked to our advantage.
Fund Manager Talk | Market likely to be volatile, time to seek safety cushion: Jitendra Arora
As a life insurance company managing the life savings of customers we have a long-term investment approach. We believe the long-term prospects of the Indian equity markets are positive.
How contra fund manager Taher Badshah plans to invest in Samvat 2081
Regarding the enhanced performance, we haven’t made very significant changes. We have followed the standard template: buy head-winded or value businesses, and then over a period of time wait for tailwinds to reappear. We supplement this by maintaining a strict valuation discipline; ensuring we reduce exposure or exit the position when valuation multiples more than […]
Q2 results today: Tata Investment among 7 companies to announce earnings on Thursday
Tata Investment, along with six other companies, is set to announce their July-September 2024 quarterly results today. Tata Investment had previously reported a strong performance in Q1FY25, with a 117% sequential increase in net profit. The company also delivered significant returns over the last year, outperforming broader market indices.
Colgate-Palmolive India, Patanjali Foods among 6 stocks to trade ex-dividend on Monday. Do you own?
Shares of Colgate-Palmolive (India), Patanjali Foods, and Oberoi Realty will be in focus today as these companies have announced record dates for declared dividends. Today is the last day to purchase shares to qualify for the dividends, with Colgate-Palmolive issuing an interim dividend of Rs 24 per share.
Big movers on D-Street: What should investors do with Tata Power, Dabur India and L&T?
Sensex and Nifty fell, influenced by banking and financial stocks amid weak global market trends. Tata Power saw a breakdown below 430, suggesting further decline. Dabur India hit a major support zone at 530, indicating a potential rise. L&T’s breakdown below 3430 points to a bearish trend.
Strong deal momentum to keep Street hooked on to Persistent
The key business vertical of hi-tech and emerging industries, where the revenue growth has been sluggish over the past few quarters, is likely to show a turnaround given the new deal wins. The company’s management also expects to improve the operating margin in the second half of the fiscal year with rising utilisation levels.
Asian shares decline, tech weighs on US futures
Shares in Australia and Japan opened lower, and a gauge of US-listed Chinese companies slipped in New York trading on Wednesday. US futures declined, weighed down by post-market losses for Microsoft Corp. shares, which fell around 4% in late trading after disappointing second-quarter forecasts. The S&P 500 lost 0.3% and the Nasdaq 100 dropped 0.8% […]