Fund Manager Talk | Best time to put money to work is today, suggests Kotak’s Devender Singhal amid market correction
Kotak Multicap Fund has a Nifty500 50:25:25 as its benchmark which means that the benchmark has 50 percent weight in large cap, 25 percent in midcaps and 25 percent in smallcaps.
Dr Agarwal’s Healthcare IPO opens for subscription as GMP remains muted. Should you subscribe?
Dr Agarwal’s Healthcare IPO is now open for subscription, with a price range of Rs 382-402 per share. Despite a significant OFS component and rich pricing, analysts recommend investing for the long term. The company commands a 25% market share in India’s eye care service market, benefiting from industry growth projections.
Positive Breakout: These 4 stocks cross above their 200 DMAs
In the Nifty500 pack, four stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on January 28, 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: How this fund manager turned Rs 1 cr into Rs 1.5 cr in 2024 by adopting “private equity approach”
By staying true to our philosophy of identifying and investing early in under-researched companies with significant potential, we have consistently focused on long-term business ownership rather than short-term market fluctuations.
How can the Budget positively and negatively surprise the market? Maneesh Dangi & Swaminathan Aiyar discuss
Swaminathan Aiyar and Maneesh Dangi discuss the global shift from manufacturing to services, highlighting the challenges that tariffs and mechanization pose for job creation in manufacturing. In India, manufacturing struggles despite support measures, while the services sector thrives. The political reluctance to reduce non-wage costs hinders formal employment growth in the manufacturing sector.
Q3 results today: Bajaj Finance, Maruti among 94 companies to announce earnings on Wednesday
Several key companies, including Maruti Suzuki, Bajaj Finance, and Tata Motors, are set to release their third-quarter earnings. Maruti’s volumes and selling price increases are expected to drive strong revenue growth, while Tata Motors may see marginal revenue growth, supported by JLR and India PV divisions.
Asian stocks advance on tech rebound ahead of Fed
Japanese and Australian shares rose. Most other major markets in the region are closed for Lunar New Year holidays. US equity futures declined after the S&P 500 rose 0.9% and Nasdaq 100 advanced 1.6% on Tuesday, as Nvidia Corp. rallied 8.9% following the largest one-day value loss in history. The dollar and oil gained after […]
Dr Agarwal’s offer factors in all positives, open to growth strain
Dr Agarwal’s Health Care raised ₹875.5 crore on Tuesday from 43 anchor investors, ahead of its IPO. The company sold 21.7 million shares at ₹402 apiece.
ITC Hotels to list on exchanges today
The parent ITC will continue to provide the business with its brand name, governance, and other synergies, while its own return profile is expected to improve as the hotel business is more capital intensive, said analysts.
Hero Future Gears up for Rs 3,500 crore IPO
Hero Future’s 5.2 gigawatt of renewable power generation assets are largely concentrated in India, but it has expanded to the UK, Ukraine, Singapore, Vietnam and Bangladesh.