Bonus issue alert: This smallcap stock goes ex-bonus for a 3:1 issue this week. Do you own?
Metropolis Healthcare’s shares will trade ex-record date for its 3:1 bonus issue on Friday, meaning only shareholders holding the stock by the record date are eligible. This corporate action will increase the number of shares held by eligible investors without altering the total value of their investment.
Basmati rice exporter Amir Chand to launch Rs 440-cr IPO on Mar 24
Basmati rice exporter Amir Chand Jagdish Kumar(Exports) Ltd is set to launch its Rs 440 crore initial public offering (IPO) on March 24.
M-cap of top 10 firms tumbles by Rs 4.48 lakh cr; SBI, HDFC Bank top laggards
The combined market valuation of the top-10 domestic firms eroded sharply by Rs 4.48 lakh crore last week, in tandem with a steep decline in equities, with banking majors State Bank of India and HDFC Bank taking the biggest hit.
Mutual fund NFOs: 2 ETFs will open for subscription now on Monday. Check details
Two new passive funds, a commodity-based ETF and a mid-cap ETF, are opening for subscription on Monday. The HSBC Gold ETF closes on March 18, and the SBI Nifty Midcap 150 ETF closes on March 24, both with a minimum investment of Rs 5,000. Investors are advised to choose funds based on their individual risk […]
SBI Mutual Fund: RIL, Infosys, and ICICI Bank among top 10 stock holdings in February
BI Mutual Fund, managing Rs 12.92 lakh crore, revealed its top stock holdings for February. The fund house heavily invested in banking giants like HDFC Bank and ICICI Bank, while also holding significant stakes in Reliance Industries and State Bank of India.
Nifty at 10-month low: Iran war, US Fed, crude oil among 9 factors likely to steer D-Street this week
Indian markets closed the week down 5.3% due to the Iran-Israel conflict, a weakening rupee, FII outflows, and fuel supply concerns. Key events this week, including the Fed’s FOMC meeting and ongoing geopolitical tensions, are expected to influence investor sentiment, with the Nifty facing further downside risks.