The last bell rings for Sebi chief Madhabi Puri Buch today. A look at her 3-year career
Buch, the first woman and private-sector executive to lead Sebi, implemented major market reforms, such as restrictions on retail derivatives trading and enhanced regulation of brokers.
Nifty records worst February month since Covid-19 with 6% loss
Nifty suffered its worst February decline since 2020, dropping 5.9% amid a broad sell-off, primarily in IT, auto, and pharma stocks. The index is down 16% from its peak, marking its longest losing streak since 1996. With March starting on a weak note, hopes are pinned on positive seasonality based on past performance in the […]
ELSS mutual funds offer up to 22% XIRR on SIP investments in 3 years
With the tax-saving season approaching, investors are turning to ELSS mutual funds for their potential high returns. Over the past three years, some ELSS funds have delivered up to 22% XIRR on SIP investments. SBI Long Term Equity Fund led the category with a 22.20% XIRR.
Zerodha sees de-growth for first time as market correction hits brokers
India’s stock market downturn has severely impacted the broking industry, with trading volumes and investor confidence plummeting. Zerodha’s Nithin Kamath noted the business is experiencing de-growth for the first time, as investors adopt a cautious, wait-and-watch approach.
Top 5 stocks with increasing promoter pledge ratios
“Promoter Increasing Pledge” indicates that company promoters are pledging more shares as loan collateral. In the Nifty500, five stocks saw higher promoter pledging in Q4 2024 versus Q3 2024, based on StockEdge data.
Indian grocery giant BigBasket eyes IPO in 2 years as business booms
India’s BigBasket is planning to go public in the next 18 to 24 months, its CEO said, as the Tata Group-backed grocery giant seeks to tap surging demand for quick online deliveries of everything from fruits to Apple iPhones.
2 top stock recommendations from Sneha Seth
Nifty has support around 22,200 and banking index support is near 47,800. The market shows significant corrections with FIIs lacking buying interest. Coal India and ONGC are suggested buys, while IndusInd Bank is recommended for selling. Overall, caution and selectivity are advised.
Why is Jubilant FoodWorks growing when peers are struggling? Sameer Khetarpal explains
Sameer Khetarpal, MD & CEO of Jubilant FoodWorks, reveals strategic actions driving the company’s growth amid tough times. They’ve increased value through free delivery and more cheese, focusing on operational excellence with rapid delivery. Their innovative use of technology and AI in operations fuels store expansion and enhances efficiency, aiming for sustained double-digit growth.
Stay patient in building portfolios; focus on long-term gains: Alok Agarwal
Markets are experiencing an unusual fall without any major crisis, driven by a slowdown in corporate earnings and exaggerated reactions. Despite negative sentiment, some positive indicators like GST collection and improved earnings suggest potential for recovery, especially in the discretionary consumption and capex sectors.
Stocks to buy today: Investec sees around 20% upside in UltraTech Cements; what should investors do now?
Investec, Jefferies, and Nuvama have retained ‘Buy’ ratings on UltraTech Cement, Apollo Hospitals, and Crompton Greaves Consumer Electricals Ltd, respectively, indicating strong upside potential for each stock.