Cash isn’t king! Radhika Gupta explains why sitting idle doesn’t work in mutual funds
Edelweiss Mutual Fund maintains low cash levels, believing in stock picking over market timing. Radhika Gupta highlights SIPs as a reliable investment strategy. Smallcap returns have recovered, but earnings growth is crucial. The firm avoids taking cash calls in equity funds, focusing on sector selection. Gupta advises a balanced asset allocation with fixed income, gold, […]
Mid and affordable real estate likely to catch up with luxury segment; 10-15% booking growth expected: Kunal Tayal
BofA Securities reports the residential real estate sector is in its fifth year of an upcycle, characterized by demand exceeding supply. While luxury housing initially drove growth, a more balanced contribution from mid-segment and affordable housing is anticipated. Developers can expect continued booking growth, though volume growth was challenging in the past year, larger companies […]
Positive Breakout: These 6 stocks cross above their 200 DMAs
In the Nifty200 pack, six stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 4, 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 […]
Wall Street ends narrowly mixed in choppy trade on weak economic data
US stock market saw a mixed closing. S&P 500 was flat, Nasdaq rose slightly, and Dow Jones fell. Trade policies and weak economic data impacted market performance. The services sector contracted, and input prices increased. Investors are awaiting further labor market data. Tariff negotiations between the US and its trading partners remain a key focus […]
Maximize Your Returns: The best equity savings funds for conservative investors
Investors seeking alternatives to traditional equity schemes due to high valuations can consider equity savings funds or conservatively managed hybrid funds. Equity savings funds offer a mix of equity, arbitrage, and bonds, primarily investing in large-cap stocks, and are taxed as equity products.
Corporates shift to short-term bonds amid slow bank rate cuts in India
Indian corporates are increasingly favoring the bond market, particularly short-term bonds, due to banks’ slow response to rate cuts. Liquidity infusion by the RBI has significantly lowered short-term bond yields, prompting this shift. AAA-rated companies find bond yields more attractive than bank MCLR rates, while lower-rated firms may still prefer bank credit.
Asian stocks cautious ahead of Japan bond auction
Asian shares displayed caution as weak US economic data bolstered expectations for Federal Reserve rate cuts. Treasury yields stabilized after a rally, while the dollar weakened. Markets are closely watching Japan’s super-long-term bond auction amid concerns about demand. US economic activity has slowed, raising fears about equity market valuations.
Trump Media advances Bitcoin ETF plans with Truth Social Brand
Trump Media & Technology Group is nearing the launch of a Bitcoin ETF under the Truth Social brand, pending regulatory approval. The ETF, sponsored by Yorkville America Digital, will invest directly in Bitcoin. This move aligns with President Trump’s pro-Bitcoin stance, potentially attracting investors despite a crowded ETF market, while raising ethical concerns due to […]
Jubilant’ Bhartia’s Rs 5,650 cr NCDs for coke bottler stake oversubscribed 1.9 X as AMCs double down
HDFC AMC and other leading asset managers heavily invested in Jubilant Bhartia Group’s NCDs, which aimed to raise ₹5,650 crore for acquiring a stake in Hindustan Coca-Cola Holdings. The bond offerings were oversubscribed, indicating strong investor confidence. The issues, priced at 8.66% and 8.79% respectively, attracted major players like Nippon India and Franklin Templeton.
Why are more promoters pledging their shares in Nifty 500 companies?
During January-March, promoter stake pledges increased for 27 Nifty 500 companies, including Aadhar Housing Finance and Max Financial Services. While pledging isn’t inherently alarming, it raises concerns when a company’s fundamentals are weak, potentially amplifying negative impacts if business performance is already questionable.