Bucking the Trend: 8 smallcaps rally up to 55% despite FII & MF selling
Despite FII and mutual fund stake reductions, some smallcap stocks rallied. Netweb Technologies, Rishabh Instruments, and Ashapura Minechem gained significantly. These companies show strong financials like earnings growth and low debt. Geojit Investments suggests FII outflows are due to valuation differences. India’s economic recovery and policy measures may attract FIIs back. Market could rally, potentially […]
Euro hits 4-year high as US dollar sinks ahead of Fed rate decision
The dollar fell across the board on Tuesday, sinking to four-year low against the euro, as investors firmed bets for a Federal Reserve interest rate cut this week.
Investor Playbook: Mayuresh Joshi maps out key opportunities in these 4 sectors
Mayuresh Joshi highlights four key opportunities for investors—auto sector recovery post-GST cuts, auto ancillaries like SJS and Uno Minda, structural growth in diagnostics with Krsnaa Diagnostics as a dark horse, and long-term potential in power financiers PFC and REC amid renewable energy capex.
LIC raises stake in this IT stock despite a 10% drop this year
LIC has raised its stake in Tech Mahindra to 10.84% despite a 10% YTD stock decline, signaling confidence in the IT major’s long-term growth potential amid weak global tech spending.
Canara Robeco Flexi Cap Fund turns Rs 10,000 SIP to Rs 1.79 crore in 22 years
Canara Robeco Flexi Cap Fund completed 22 years, turning a Rs 10,000 monthly SIP of Rs 26.4 lakh into Rs 1.79 crore, delivering 15.04% XIRR with consistent long-term wealth creation.
Sebi extends settlement window till Oct 16 for stock brokers in algo trading case
Markets regulator Sebi on Tuesday extended the deadline for the settlement scheme to October 16 for all stock brokers associated with certain algo platforms.
Gold surges Rs 1,800 to Rs 1.15 lakh/10 g in Delhi on weak dollar, Fed easing bets
Gold price surged Rs 1,800 to touch a fresh peak of Rs 1,15,100 per 10 grams in the national capital on Tuesday amid a weak US dollar and growing expectations of rate cut by the Federal Reserve.
Rupee strengthens for third day, closes at 88.05 vs US Dollar on Fed cut hopes
The Indian rupee rose for the third straight session, closing at 88.05 per dollar, supported by a weaker dollar, stronger equities, and optimism ahead of the US Fed policy outcome.
Tata Motors shares fall for 2nd consecutive session as JLR extends production halt
Tata Motors shares slipped over 1% to Rs 705 on the NSE, marking their second straight session of decline, after Jaguar Land Rover extended its production halt amid an ongoing cyber incident probe. JLR has yet to provide a timeline for full recovery.
Gold prices hold close to record of Rs 1,10,177/10 gms. Will Fed meet push it even higher this week?
Gold and silver prices stayed near record highs on weak dollar trends, safe-haven demand, and expectations of a U.S. rate cut this week.