Explained: What is one-time mandate (OTM) in mutual funds
Mirae Asset Capital Markets has announced its top 8 stock picks for January 2025. The list includes HCL Tech, Coforge, Federal Bank, Ashok Leyland, Varun Beverages, KIMS, Rainbow Children Medicare, and Uno Minda. These companies are chosen based on their strong performance and growth potential. Investors can consider these for both short-term and long-term gains.
Stock-specific focus needed in broader market, largecaps likely to outperform this quarter: Mayuresh Joshi
Even if you see some element of volume happening, the LME pricing is not supportive at all and because of that the entire operating leverage might not get played out.
176 smallcap stocks fell in double-digits in a rough week for markets
Indian markets experienced heavy selling pressure due to modest GDP and corporate earnings estimates. Only four smallcap stocks posted double digit weekly returns, while 176 fell significantly. Foreign investors sold nearly $2 billion, and rising US bond yields impacted sentiment. Key earnings and macro data, including India’s CPI release, will guide market direction.
5 world market themes for the week ahead
Global markets are set for a volatile period with key economic data and earnings reports on the horizon. Britain and the U.S. will release important inflation data, while China will publish growth numbers. Earnings season and IPOs are also beginning. Investors are nervous due to inflation concerns and trade uncertainties, particularly with Trump’s return to […]
Wall Street falls as jobs data stokes inflation fears
A Labor Department report showed job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% as the labor market ended the year on a strong note.
Beleaguered US bond market looks to job report for reprieve
While bearish wagers have been growing, the steep rise in yields since mid-September may mean that strong data will hurt the market less than weak data will help it, some investors and strategists say.
Regulatory nod for IPOs, MF schemes fast-tracked: Madhabi Puri Buch
Only two IPOs were awaiting approval for more than three months in November compared to 19 in March 2022, said Buch at an event in Mumbai on Friday.
Gold trade bodies call for flexibility in monetisation scheme
Gold trade bodies have suggested the government make the Gold Monetisation Scheme (GMS) more attractive in the upcoming budget by offering flexible tenures, higher interest rates, and tax-exemptions on up to 500 grams of ancestral gold deposits. The aim is to mobilise 22,000 tonnes of gold and reduce imports.
India needs Rs 1,000 lk cr to meet ‘Viksit’ goals by 2036: SBI chief CS Setty
India needs ₹1,094 lakh crore to achieve an 8-9% growth rate by 2036 under the Viksit Bharat plan. Of this, ₹323 lakh crore will come from banks and ₹643 lakh crore from the equity market. Domestic savings rates must rise to 33.5%. The government aims to become a $30 trillion economy by 2047.
Difficult to lower rates without easy funds: Microfinance institutions
Heads of microfinance institutions (MFIs) emphasize the difficulty in lowering interest rates without access to cheaper funds, suggesting a dedicated credit guarantee scheme or refinance facility. With current rates between 21% and 24%, there is regulatory pressure to reduce them. Alternatives include revamping existing credit guarantee schemes and introducing an interest subvention scheme.