HCL Tech, HDFC Bank among 10 companies which witnessed highest selling by mutual funds in December
Mutual funds reduced holdings in 10 major companies in December, with the highest selling in HDFC Bank (Rs 6,154 crore), followed by Voltas, HCL Tech, Hindustan Aeronautics, and Mphasis, indicating a shift in investment strategies.
Quant Small Cap Mutual Fund sold Mazagon Dock, pared stake in Cochin Shipyard and HUDCO before Budget
Quant Small Cap Fund exited Mazagon Dock and reduced stakes in Cochin Shipyard and HUDCO. The fund increased exposure in Aster DM Healthcare, Juniper Hotels, and other stocks, while adding new stocks Equinox India Developments and Alivus Life Sciences. Assets under management totaled Rs 25,183 crore.
From capex to consumption: A strategic shift in market sentiment
The capital goods sector has declined for six of the last seven months due to high valuations. The 2025 Union Budget shifts focus from capex-led growth to boosting consumption via tax cuts, benefiting sectors like FMCG, consumer durables, automobiles, real estate, retail financing, and banking.
Fund Manager Talk | Valuation of capex stocks comfortable after correction: Deepak Ramaraju of Shriram AMC
The 2025 Budget’s tax relief is set to boost disposable income, benefiting discretionary sectors like apparel, QSR, travel, and entertainment, believes Deepak Ramaraju, Senior Fund Manager, Shriram AMC. Banking, financial services, and capital markets may also gain as savings and investments rise, supporting broader economic expansion.
ITC among 39 stocks nearing ex-dates for dividends, bonus, splits next week. Do you own any?
Stocks like ITC and Cochin Shipyard will be noteworthy next week as they near record dates for corporate actions such as dividends, bonus shares, and stock splits. Shareholders need to hold shares in their demat accounts by the record date to qualify for these benefits according to upcoming ex-dates.
Gold poised for sixth week of gains on safe-haven demand
Gold prices rise, marking six weeks of gains, due to increasing U.S.-China trade tensions. Spot gold reaches a record high, while experts cite uncertainty around Trump’s tariff policies. Factors like China’s gold holdings growth and a new investment program contribute to the surge. A mixed U.S. job report influences the Federal Reserve’s rate decisions.
Oil prices set for 3rd straight weekly fall on tariff concerns
Oil prices rose on Friday as new sanctions were imposed on Iran’s crude exports, but they fell over the week due to concerns over U.S. President Trump’s trade war with China and potential new tariffs on other countries. Brent crude finished at $74.66, while WTI settled at $71.00 a barrel.
Wall St slides, Treasury yields rise on mixed data, renewed tariff threats
Wall Street ended sharply lower on Friday due to mixed U.S. payrolls data, weak consumer sentiment, and revived trade war concerns. Major U.S. indexes fell steeply after President Trump’s announcement of new tariffs, while Treasury yields and the dollar rose amid the market turmoil and disappointing tech sector earnings.
FTSE 100 eases from record high on tariff uncertainty, weak US jobs data
UK stocks dipped on Friday as tariff uncertainties and weaker-than-expected US jobs growth impacted investor sentiment. The FTSE 100 fell by 0.3%, easing from a record high set on Thursday. Despite the Bank of England’s recent rate cut, economic growth forecasts have been halved, with inflation projected to nearly double the 2% target this year.
US stocks close lower on trade war escalation, weak data
U.S. stock indexes closed lower as President Trump announced upcoming reciprocal tariffs on multiple countries, following weak jobs data and consumer sentiment. The Dow fell 444.23 points, and all S&P 500 sectors traded lower. Strong earnings reports had offset a weak start earlier in the week. The Fed may delay interest rate cuts amid slowing […]