Stocks investors eye holiday season turbulence
Stock markets face a volatile year-end. Investors are worried about Federal Reserve interest rate cuts and the high valuation of artificial intelligence companies. This has caused market slides and increased anxiety. The holiday season is expected to be challenging for investors. Volatility has picked up significantly, indicating persistent investor unease.
Will Nifty break 26,300 and chart a fresh record high this week?
Nifty is poised for new record highs if it surpasses 26,250-26,300, with support at 25,500-25,800. Analysts suggest upside targets of 26,500-27,200, but a dip below 26,000 could trigger selling. Tata Consumer is a top pick, alongside Shriram Finance, with bullish technical indicators supporting potential gains.
Will Nifty finally cross 26,277? Six triggers that could break the 421-day deadlock
Nifty gained 0.6% for the week, briefly approaching its record high of 26,277 before ending Friday lower at 26,068.15. Analysts expect the index to be guided largely by global cues in the coming week, with no major domestic data releases. Sensitivity to global markets, currency movements and FII flows is expected to remain high as […]
Bill to hike FDI in insurance sector to 100 per cent likely to be tabled in Winter session of Parliament
The government plans to introduce a bill in the upcoming Winter session to raise FDI in the insurance sector to 100%, aiming to deepen penetration and boost growth. Amendments to the Insurance Act, 1938, LIC Act 1956, and IRDA Act 1999 are also proposed to strengthen financial security and encourage market entry.
Karnataka Bank bulk deal: Cupid CMD Aditya Kumar Halwasiya picks up Rs 71 cr stake in Quant MF-backed lender
Aditya Kumar Halwasia acquired 38 lakh shares in Karnataka Bank for Rs 71 crore, a deal executed at a premium. The smallcap lender, supported by Quant Mutual Fund, saw its stock jump nearly 8% amid significant volume spikes. Karnataka Bank’s net profit improved quarter-on-quarter, while NPAs moderated.
No detrimental long term impact of gig worker code, engaging with Govt: Eternal tells shareholders
Eternal, a food delivery and quick-commerce platform, has stated that the new social security code will not negatively impact its long-term business prospects. The company is actively seeking clarity from the government on the exact financial and operational implications. Eternal anticipates these changes and is committed to the well-being of its gig workers, already providing […]
10 lakh shares to unlock Monday in this Sunil Singhania-backed stock. Smallcap down 24% from IPO price
Mangal Electrical Industries’ shareholder lock-in is expected to end soon. This could see nearly ten lakh shares become available for trading. The company manufactures components for transformers. Its shares have seen a decline since its market debut. Anchor investors include Abakkus Diversified Alpha Fund and Societe Generale. The company reported a profit fall in its […]
Rs 23 lakh crore boom! PMS and AIFs power India’s alternate investment transformation
India’s alternative investment sector is booming, with PMS and AIFs now managing over Rs 23.43 lakh crore. This remarkable growth, fueled by institutional investors and affluent individuals seeking alpha, has seen PMS assets surge sevenfold and AIF commitments skyrocket by nearly 50% annually. These investment avenues are becoming mainstream for wealth management.
Corporate actions: HDFC AMC, Thyrocare Technologies shares to trade ex-bonus next week. Check details
HDFC Asset Management Company and Thyrocare Technologies will trade ex-bonus next week. Record dates are set for November 26 and November 28. HDFC AMC offers a 1:1 bonus share. Thyrocare Technologies provides a 2:1 bonus issue. These events will determine shareholder eligibility for bonus shares. Investors should note these upcoming dates.
Gold prices gain 1% in a volatile week. What’s in it for investors starting Monday?
Gold prices have shown resilience this week, ending with a modest gain. The Indian Rupee’s record low against the Dollar is creating new challenges for traders. Experts anticipate continued volatility in the coming week. Gold is expected to trade within a specific range. Strong US jobs data has reduced expectations for a December Federal Reserve […]