Long-term investment in financial sector could yield strong returns: Neeraj Dewan
I feel that what happened in the budget also, so that will also help the auto companies going ahead. So, there is fear that duty cut will happen, there will be competition coming in from outside India, that may happen.
ITC shares in focus after Wells Fargo sells stocks worth Rs 106 crore
Wells Fargo has sold ITC shares worth Rs 106 crore through an open market transaction, influencing ITC’s stock focus. Despite a drop in consolidated net profit for the December quarter, ITC’s revenue from operations rose by 9.05% year-over-year.
ETMarkets PMS Talk: Wallfort PMS focuses on Small & Midcaps with ‘Four P’ investment strategy, explains Bhavya Shah
Our disciplined stock selection—prioritizing management strength, strong balance sheets and sustainable earnings—helped generate substantial alpha
Stocks to buy: RIL, Polycab and Angel One on investors’ radar
Benchmark BSE Sensex and Nifty declined amidst selling in key stocks like HDFC Bank and Reliance Industries. RIL fell 2%, Polycab gained 3.4%, and Pfizer India dropped 9%. Analysts suggest monitoring Polycab around Rs 4,500, RIL requiring a move above Rs 1,200 to signal recovery, and Angel One demonstrating persistent selling pressure with a support […]
Trump says Japan, China cannot keep reducing value of their currencies as it would be ‘unfair’ to America
U.S. President Donald Trump has accused Japan and China of reducing the value of their currencies, calling it unfair to the United States. Trump suggests that tariffs could counteract this disadvantage. Japan denies taking direct actions to weaken the yen, emphasizing its adherence to agreements on currency policy with G7 and G20 countries.
Bitcoin falters as optimism wanes on Trump’s crypto reserve plan
Bitcoin experienced fluctuations after President Trump’s proposal for a national strategic crypto reserve. Initial optimism turned to caution, impacting various cryptocurrencies like bitcoin, ether, and XRP. Investors and analysts have expressed concerns about the initiative potentially benefiting insiders at the expense of taxpayers. Despite excitement in the crypto industry, regulatory uncertainties persist.
Ms Patience scores big with long play on mutual funds
According to a joint study by Crisil and mutual fund trade body AMFI, total assets under management (AUM) of women investors in mutual funds with a holding period of over five years have grown from 8.8% in March 2019 to 21.3% in March 2024. In the case of male investors, it is 19.9% in 2024 […]
Rupee settles stronger at 87.37 as dollar weakens
The Indian rupee closed slightly stronger at 87.37 per US dollar, benefiting from a weaker dollar index. Traders expect RBI intervention if the currency nears 88/$1.
Asian stocks decline after tariffs spark US rout
The S&P 500 fell 1.8%. The Nasdaq 100 slid 2.2%. The Dow Jones Industrial Average dropped 1.5%. A gauge of the Magnificent Seven megacaps sank 3.1%. A UBS basket of of US stocks negatively impacted by tariffs sank 2.9%.
India’s cement consumption has potential to grow 3-fold: Dalmia Bharat
Dalmia Bharat, led by Puneet Dalmia, is investing ₹3,520 crore to increase its cement capacity to 55.5 million tonnes annually due to rising demand in India. Despite a price war affecting margins, Dalmia Bharat aims to strengthen its market position with expansions in Maharashtra and Karnataka, enhancing its nationwide presence in the competitive sector.