Trading Guide: Buy Coforge & NBCC on Monday for short-term gains up to 7%
The Nifty ended sharply lower amid escalating US-Iran tensions, rupee weakness and heavy selling in financial stocks, slipping below the 50-day EMA and signalling renewed weakness. Analysts expect further downside if the index remains below 24,200, while Coforge and NBCC (India) are seen as attractive short-term trading opportunities.
SBI and IEX among 18 stocks turning ex-date this week
A total of 18 stocks will turn ex-date for corporate actions like dividends and bonus issues next week, with prominent names including State Bank of India and Godrej Consumer Products. Investors must hold shares by the record date to be eligible for these benefits.
Equity MFs delivered over 8% return last week. Check top 9
Equity mutual funds saw a strong performance last week, with over 8% returns for the category. Among the top performers, international funds like Mirae Asset Global X Artificial Intelligence & Technology ETF FoF led the pack with an 8.49% gain.
2 passive funds to open for subscription this week
Two new passive mutual funds are launching this week to expand fund houses’ offerings. DSP Nifty FMCG ETF opens May 12-14 with a Rs 5,000 minimum, while HDFC Gold Silver Passive FoF opens May 15-29 with a Rs 100 minimum. Investors should choose based on their risk appetite and goals.
Ahead of Market: 10 things to decide D-St action on Monday
Domestic equity benchmarks ended sharply lower on Friday amid rising geopolitical tensions between the US and Iran, rupee weakness and heavy profit-booking in financial stocks. Analysts said the Nifty slipping below key technical levels signals weakening momentum, although select indicators still point towards the possibility of a near-term recovery.
Sensex to multiply 4x? Expert says D-St is Ferrari among mkts
Motilal Oswal Financial Services Chairman Raamdeo Agrawal said India remains one of the world’s best markets for long-term wealth creation despite global uncertainties and AI-led shifts. Speaking at the Groww India Investor Festival 2026, he highlighted India’s strong compounding story, rising financialisation and potential for generating multibagger stocks.
Rajeev Thakkar and Sankaran Naren see value in IT despite AI disruption concerns
Veteran fund managers Rajeev Thakkar and Sankaran Naren believe select Indian IT stocks are becoming attractive despite AI disruption concerns. While Naren called the sector a contrarian valuation play with possible risks, Thakkar argued Indian IT firms have historically adapted to technological shifts, and AI-driven productivity could ultimately expand demand.
Zepto, Dhoot Transmission among 6 companies to secure Sebi’s nod for IPO
As many as six companies, including quick commerce unicorn Zepto and auto components manufacturer Dhoot Transmission, have secured Sebi’s approval to raise funds through initial public offerings (IPOs).
RFBL Flexi Pack fixes price band at Rs 47-50 for IPO, to hit markets on May 12
Flexible packaging materials manufacturer RFBL Flexi Pack Ltd on Saturday announced a price band of Rs 47-50 per equity share for its initial public offering, which opens for subscription on May 12.
Mother’s Day: What multi-cap investing borrows from a mother’s wisdom
Multi Cap investing offers a structured approach to wealth creation. It mirrors a mother’s wisdom by balancing immediate needs with long-term goals. This strategy allows participation across large, mid, and small-cap companies within a single framework. It provides meaningful diversification and helps investors stay invested across market cycles. Simplicity and consistency are key advantages for […]