ICICI Bank among Motilal Oswal’s top 5 stock picks with upside potential of up to 26%
Indian equity markets are cherishing the optimism around the proposed “GST 2.0” reforms. Index heavyweights are also providing strong support to the indices and have helped maintain the positive momentum through the week.With this, domestic brokerage firm Motilal Oswal has picked its top 5 bets on a fundamental basis for a horizon of 1 year, […]
Mind Over Money| From badminton court to markets — discipline drives Shridatta Bhandwaldar’s ₹1 lakh crore AUM journey
Shridatta Bhandwaldar, Head of Equities at Canara Robeco AMC, manages over ₹1 lakh crore, drawing parallels between badminton and investing. He emphasizes discipline, focus, and resilience, honed through sports and music, as crucial for navigating volatile markets. Bhandwaldar’s philosophy centers on scalable, capital-efficient businesses with quality leadership, viewing investing as a journey of self-discovery.
Looking for mutual funds to invest through SIPs in September 2025. Here is a help for aggressive investors
Many mutual fund investors, especially new and inexperienced investors, get confused about which fund to choose and always keep searching for a ready-made portfolio to invest and achieve their long-term goals. Here is a help for aggressive investors.
Hedge funds jump into bullish oil bets on tight supply signals
Hedge funds significantly increased bullish bets on crude oil, anticipating market tightness and geopolitical tensions, just before reports surfaced that OPEC+ might consider boosting output. This bullish move, the largest since June, occurred as hopes for a resolution in Ukraine faded and US crude inventories declined.
Wall Street’s wealth engine powers through job-market anxiety
Recent economic data reveals a concerning trend: job growth is slowing in America, impacting workers’ financial security. However, investors anticipate the Federal Reserve will intervene to protect their assets. Despite a slight market dip, bonds have rallied, and equities remain near record highs.
US stocks end lower as jobs data fuels economic worries
The U.S. economy created 22,000 jobs last month instead of an estimated 75,000, confirming softening labor market conditions, according to the Labor Department report. The three major U.S. stock indexes initially rose and broke records following the data, as traders of futures tied to the Fed’s policy rate boosted bets that the U.S. central bank […]
Kalyan Kumar set to lead Union Bank as Lalit Tyagi may join Central Bank amid reshuffle
Kalyan Kumar is expected to lead Union Bank of India. Lalit Tyagi is likely to transfer to Central Bank of India. Asheesh Pandey is dropped from consideration for a top post. The Financial Services Institutions Bureau had recommended Pandey. Reserve Bank of India had previously raised concerns about Pandey. Union Bank has been without a […]
Speculative trades push rupee to fresh record low of 88.36
The Indian rupee plummeted to a new low of 88.36 against the dollar on Friday, fueled by an unverified social media post about potential US tariffs on the Indian IT sector. This sparked speculative trading and increased dollar demand from importers, despite some intervention from nationalized banks.
Will global cues and Fed rate cut hopes fuel a market recovery next week?
Indian equity indices ended flat amid choppy trading, with IT stocks declining due to US tariff concerns, offsetting auto sector gains fueled by GST cut hopes. For the week, however, markets gained 1%. Positive global cues and expectations of US rate cuts are expected to support a recovery next week, though Nifty faces resistance at […]
BoB flags RCom loan accounts as fraud amid allegations of fund misuse
Bank of Baroda has declared Reliance Communications’ loan accounts, along with Anil Ambani, as fraudulent due to alleged fund misutilisation and improper transactions. This action follows similar declarations by SBI and Bank of India. Anil Ambani Group denies the allegations, asserting they will contest the claims in court, citing a consortium of 14 lenders and […]