Three important medium-term questions about the economy
GDP numbers for the first quarter of 2021-22 will be released on August 31. In its latest resolution, the Monetary Policy Committee of the Reserve Bank of India projected 21.4% growth in the quarter. This will not make up for the 24.4% contraction in the same period last year. Other forecasters, such as State Bank […]
Day trading guide for Wednesday: 4 stocks to buy or sell today — 25th August
Day trading stocks: Indian benchmark equity indices closed higher for the second consecutive session on Tuesday. The NSE Nifty shot up 128 points and closed at 16,624 levels while BSE Sensex gained 403 points and closed at 55,958. Bank Nifty surged 587 points and closed at 35,712 levels. According to stock market experts, Nifty bounced […]
Bajaj Finance overtakes SBI in market capitalisation as parent Bajaj Finserv gets SEBI nod to start mutual fund business
Bajaj Finance market cap stock overtakes that of SBI after the reports. Indian financial services company Bajaj Finserv got SEBI nod to start a mutual fund business. The news triggered the shares of Bajaj Finserv and its subsidiary Bajaj Finance to become the top two gainers on the Nifty 50 index. The market capitalisation of […]
Nifty: Market Watch: How long will the small and midcaps continue to be in pain? | The Economic Times Podcast
Welcome to ETMarkets Watch, the show about stocks, market trends and money-making ideas. I am Nandini Sanyal and here are the top headlines at this hour. Govt against the merger of Voda Idea and BSNL-MTNLTata Motors to launch mini SUV Punch this DiwaliMonsoon to impact India’s coffee production this yearRoots of economic recovery deepen in […]
Stock Market LIVE Updates: Sensex up over 300 points, Nifty above 16,550 led by IT, pharma stocks
Stock Market LIVE Updates: The Indian equity benchmark indices, Sensex and Nifty are trading higher Monday led by across the board gains amid positive global cues. Broader markets, smallcap and midcap indices supported the upside momentum. All the sectoral indices opened in green with Nifty IT, Nifty Pharma, Nifty PSU Bank and Nifty Realty gaining […]
FPIs invest Rs 5,001 cr in Indian equities so far in August
Mumbai: Foreign portfolio investors (FPI) have made a net investment of Rs 5,001 crore so far in August in Indian equities, according to data from NSDL. The FPIs have made a comeback after a net outflow of Rs 11,308 crore in July. With the investments in August, the net FPI investment in the equities segment […]
Dalal Street Week Ahead: Which sectors may lead market action and which ones may lag
In out last weekly note, we had mentioned that the only trouble for an otherwise buoyant Nifty could be that it is now overextended on the daily chart. The week that went by saw the market consolidate at higher levels. In the global landscape, signals of taper tantrums from the US Fed caused some volatile […]
IPOs RUSH: Didn’t get ALLOTMENT this month? More public offers coming for you! 23 companies submit documents to SEBI in August
This seems IPOs (Initial Public Offers) rush is not going down anytime soon. This year has already seen 36 IPOs opening for public subscription, as per the National Stock Exchange (NSE) data alone. From Indian Railway Finance Corporation Limited (IRFC) IPO on January 8, 2021, till Aptus Value Housing Finance India Limited and Chemplast Sanmar Limited on August 12, 2021, the IPO market has […]
Market Movers: HUL dusts off its cape to provide haven to iffy investors
MUMBAI: This was the moment Hindustan Unilever was waiting for. The moment when it got to dust off its cape and act as a haven for panic-stricken investors. Over the past year, the stock has had little joy trying to play savior for the market because the market, honestly, had no need for its services […]
Mutual Funds: Five reasons to invest in a global fund
However, as investors, we tend to have a home bias, i.e., a preference to invest in domestic securities over foreign securities. By Jinesh Gopani Courtesy globalisation, we are all consumers of global products in our day-to-day life. Whether it is our smartphone, the social networking apps we use or the e-commerce platforms we shop on, […]
