Bulk Deals – Dolly Khanna buys 1.4 lakh shares in Ajanta Soya; Fino Payments, Thangamayil Jewellery, Libas Consumer also create buzz
Indian stock market fell for the fourth straight day in a row on Monday pushing the benchmark indices below their crucial support placed at 50-Days Moving Average. The S&P BSE Sensex fell by about 1200 points while the Nifty50 plunged by around 350 points on Manic Monday. The Nifty50 ended at 17,416.55, down almost 2 […]
FIIs buy over $3 bn of Indian equities in last five sessions
MUMBAI : Foreign investors bought more than $3 billion in equities in the last five trading sessions after being net sellers of the asset class for the last one month. Foreign institutional investors (FIIs) invested a net $3.02 billion in Indian shares between 11 and 17 November, after selling shares worth a net $3.40 billion […]
Why index funds are best bets if you want to invest internationally
In the prevailing scenario, one can say with confidence that India is one of the fastest growing economies. However, India’s GDP represents only 3% of World GDP and roughly the same percentage of global stock market capitalization. Globally, a lot of innovation is taking place through disruption of various traditional industries. Such innovation and disruption […]
‘Greater coordination needed among regulators’: Nirmala Sitharaman at GIFT City
Greater coordination is required among regulatory authorities including those dealing with stock exchanges operating within the upcoming financial hub in Gandhinagar, said Union Finance minister Nirmala Sitharaman who was on a day-long visit to GIFT City in Gujarat on Saturday. “This visit was long overdue. I had wanted to come here with the secretaries well […]
ABB Power Products rebrands itself as Hitachi Energy India
ABB Power Products & Systems India on Friday announced its rebranding as Hitachi Energy India Ltd. “Following the recent rebranding of its parent company to Hitachi Energy, its operations in India today announced their evolution to Hitachi Energy India Limited’, reaffirming their commitment to accelerating the clean energy transition in […]
Latest news updates: Mode rows back on crypto cashback offer through UK retailers
Latest news updates: Mode rows back on crypto cashback offer through UK retailers Financial Times Source link
Amtech Systems Stock Plunges After EPS, Revenue Miss
By Sam Boughedda Investing.com — Capital equipment manufacturer Amtech Systems Inc (NASDAQ:) stock fell 30% Thursday after the company reported a miss on both top and bottom-line results. Amtech announced earnings per share of 5 cents on revenue of $24.34 million, missing estimates, with analysts polled by Investing.com anticipating an EPS of 9 cents on […]
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Tremendous opportunity for investors in US, UK & Canada to invest in India: Ankit Yadav of Market Maestroo
My advice to Indians who are living in US, UK, or Canada is that “Come invest in India”, Ankit Yadav, Director of Market Maestroo Pvt. Ltd – said in an interview with Zeebiz’s Kshitij Anand. Edited excerpts: Q) How has wealth management changed post COVID-19 outbreak? What are the trends that are developing? A) As […]
Indian palm oil imports up 15% in 2020-21, returns to pre-pandemic market share
India’s palm oil purchases rose 15% in the marketing year 2020-21 (November-October) even though total vegetable oil imports stayed put, national trade body, the Solvent Extractors’ Association of India (SEA) said in a release Nov. 16. The new data showed that palm oil regained market share in India’s vegetable oil landscape after shrinking to 55% […]