How viable is Rs 250 per month SIP for Indian AMCs? Navneet Munot answers
Navneet Munot, MD & CEO of HDFC AMC, highlights their collaboration with ecosystem partners to reduce the minimum SIP ticket size to Rs 250, making mutual fund investments more accessible. The Mitra platform helps investors trace untraceable units, reinforcing SEBI and AMFI’s commitment to investor protection and broad market participation. The initiative aims to increase […]
What to do with Natco Pharma, M&M, Bharat Dynamics and 3 other stocks? Aamar Deo of Angel One decodes
We have been witnessing a sell-on-rally market for the past many months, and that trend continues to hold as of now. Going forward, Nifty has very crucial support around the 22,500-22,700 zone, any consistent breach below this zone could lead to a further sharp correction in Nifty.
Positive Breakout: These 7 stocks cross above their 200 DMAs
In the Nifty500 pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on February 21, 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 […]
Quality Power Electrical IPO listing today. Here’s what GMP indicates ahead of debut
Quality Power Electrical shares will debut on the stock exchange following an IPO offered at Rs 425 per share. The IPO saw a subscription rate of 1.2 times, raising concerns due to a muted grey market premium, suggesting a flat to negative listing debut.
Vedanta shares in focus after winning bid for diamond block in Madhya Pradesh
Vedanta shares will be attention-grabbing after securing the highest bid for Madhya Pradesh’s Kauhari Diamond Block, spanning 643.42 hectares. Vedanta’s Q3 consolidated net profit surged 76% YoY to Rs 3547 crore, with a 10% rise in revenue. Analysts recommend buying with a target price of Rs 513, indicating a 17% upside from current levels.
Stocks to buy: NHPC, ITI and JSW Energy on investors’ radar
The Sensex dropped by nearly 425 points due to significant selling in various sectors including auto, pharma, and banking shares. NHPC, ITI, and JSW Energy showed varied performances with potential trading opportunities. Investors are advised to wait for key resistance breakouts and monitor price actions closely for favorable setups.
German stock futures, euro edge up on Merz win
The uncertainty comes as European Union leaders are set to hold an extraordinary summit on March 6 to discuss additional support for Ukraine and how to pay for European defence needs.
EU fund managers churn out defence funds once deemed uninvestable
And in a sign of the times, even investors focused on environmental, social and governance (ESG) metrics are now softening once strict exclusion policies to make room for defence assets.
Sebi mulls wider investor pool for angel funds
This move will enable more wealthy investors to participate, boosting funding for startups. It ensures that only financially strong investors take on high-risk investments, helping Angel Funds raise more capital and support early-stage companies.
Nifty50’s valuation to get a lift with Zomato, Jio Fin joining index
The changes would make Nifty’s valuations look more expensive, a key factor for the unrelenting selling by foreign investors in Indian equities since October.