IT sector Q2 preview: Single-digit revenue growth seen, FY25 guidance may improve
Indian IT companies are projected to see up to 4% revenue growth for the quarter ending September 30, 2024. Analysts foresee positive trends for FY25, with large-cap firms anticipated to show stable or slight increases in earnings, driven by volume growth and new deals.
11 small-cap stocks plunge over 10% in just one week
During the week ending October 4, the Sensex dropped by 4.5%, and the smallcap index fell by 2%. However, 11 smallcap stocks saw declines of over 10% during this period. (Data Source: ACE Equity)
Stock to watch: Vedanta shares in focus next week as board to consider fourth interim dividend on Oct 8
Vedanta is set to consider and possibly approve its fourth interim dividend for FY25 during a board meeting on October 8, 2024. The record date for determining shareholder eligibility is October 16. The company has reached milestones in aluminium and zinc production. Shares closed unchanged at Rs 508.90 on Friday.
NBCC, Jupiter Wagons among 10 stocks with record dates for dividend, split this week. Do you own any?
Upcoming key corporate actions this week include dividends from Jupiter Wagons and KP Energy, bonus issues by NBCC (India) and Power Mech Projects, and stock splits for Jindal Saw, New Light Apparels, and Rajnish Retail. Record dates are set for these events, determining shareholder eligibility.
IDFC Ltd shares to cease trading from October 10 on merger with IDFC First Bank
IDFC Ltd shares will be suspended from trading effective October 10, 2024, due to its amalgamation with IDFC First Bank. IDFC shareholders will receive 155 shares of IDFC First Bank for every 100 shares of IDFC. Current F&O contracts will expire on October 9, 2024.
5 smallcap stocks with 5-day winning streak despite market dip
In the last five trading sessions leading up to October 4, the Sensex index dropped by around 4.8% or 4,148 points, closing at 81,688, with declines in all sessions. Despite this sharp decline, ETMarkets identified five stocks from the BSE smallcap segment that saw consistent price increases during this period. (Data Source: ACE Equity)
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Long-term wealth-building through stocks, bonds, mutual funds, etc.
US Fed’s bold rate cut fuels optimism, but market caution grows over US elections and geopolitical risks
The Federal Reserve initiated a surprising rate cut while the US economy shows stable growth and cooling inflation. Chinese stimulus bolstered market sentiment, lifting equities and commodities. However, Middle East tensions and upcoming US elections inject fresh uncertainties. Investors are keen on Q4 earnings, with expectations for large caps to outperform. RBI’s upcoming policy decision […]
Learning from Experience: Aswath Damodaran on Hubris, mistakes, and the art of letting go for successful investing
In a reflection on his career, valuation expert Aswath Damodaran advises investors to avoid taking themselves too seriously, acknowledging the unpredictability of markets and the inevitability of mistakes. He highlights the importance of accepting uncertainty and making peace with factors beyond one’s control.
Inside Intel’s Inertia: Investment lessons from Silicon Giant’s slip
Intel’s market value has sharply declined due to missed opportunities in AI and sales losses. However, Intel is initiating a recovery strategy with new partnerships and investments, targeting foundry business expansion and AI market leadership despite competition from Nvidia and others, learning from tech industry missteps.