Private large-cap bank stocks like HDFC Bank, ICICI Bank, Axis Bank, and IndusInd Bank, which form about 60% of the Bank Nifty, were covered by longs buildup or shorts on a week-on-week basis, said Chief Markets Anand James Is said. Strategist, Geojit Financial Services. “In the case of HDFC Bank and IndusInd Bank, delivery buying … Read more
Foreign investors have sold Indian equities worth about Rs 3,776 crore so far this month due to a rise in US bond yields and uncertainty over the interest rate environment on the domestic and global front. On the contrary, they are bullish on the debt market and invested Rs 16,560 crore during the period under … Read more
The Rubik’s Cube consists of many interconnected parts; One wrong step can take you back to square one. Investing is the same – myriad factors, such as inflation, currency, interest rates, company profits, company management, etc., impact investment success, and a wrong investment decision can lead to significant losses. No wonder people who crack the … Read more
Two months ago, Maharashtra Deputy Chief Minister Ajit Pawar was asked whether his faction of the Nationalist Congress Party (NCP) would field a candidate against his cousin Sharad Pawar’s daughter from Baramati Lok Sabha constituency, the stronghold of the Pawar family. Supriya Sule, who is the sitting MP, said, “As the party president, I have … Read more
Gala Precision Engineering has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds through the initial public offering (IPO) route. Mumbai-based precision components maker Technical Springs will launch its public offer which will be a mix of fresh equity share issue and offer for sale … Read more
There are many similarities between technology stock According to Bank of America Corp. strategists, this and past bubbles suggest the Magnificent Seven is getting closer — but not yet at a level that could cause it to pop. They cite some indicators such as bond yields, valuations, and price action, which suggest there are further … Read more
Before investing money in Fixed deposit (FD), investors often compare the interest rates offered by different banks. Here we list the interest rates offered by most of the major private and public sector banks. The minimum interest rate ranges between 3-4.25 percent while the maximum interest rate ranges between 7-7.25 percent. [ez-toc] These are the … Read more
Within the scope of Gold on MCX and Silver When trading, it is important to understand price patterns to make informed decisions. Three key patterns – Heads and Shoulders, Double Tops, and Double Bottoms – provide valuable insight into potential price movements, helping traders navigate the dynamic precious metals market. Head & shoulders The head … Read more
In a strategic move to increase foreign investment in Indian companies Indian government has unveiled an unprecedented set of rules that allows public companies to list on the International Financial Services Center (IFSC) stock exchanges. The move follows the announcement made in July 2023 and incorporates the recommendations of the report of the Working Group … Read more
Arthur Engoron, a cabdriver-turned-judge who found Donald Trump liable for fraud, did not hold back in accusing the former U.S. president of trying to take him for a ride. In ordering Trump and his family business to pay a $355 million penalty, Engoron displayed the wit, humor and disbelief he has often shown in more … Read more
