Infosys  ₹9,200 cr share buyback to open on Friday

Infosys ₹9,200 cr share buyback to open on Friday

The Board approval for the buyback was granted on April 14, 2021, and the shareholders’ nod was received on June 19, 2021, at the company’s 40th annual general meeting, the IT major said in a regulatory filing. Infosys has issued a public announcement on June 23 in various newspapers for the buyback of its equity […]

Anil Singhvi’s Strategy June 22: Day support zone on Nifty is 15,650-15,700 & Bank Nifty is 34,400-34,600

Anil Singhvi’s Strategy June 22: Day support zone on Nifty is 15,650-15,700 & Bank Nifty is 34,400-34,600

Amid positive global markets, sentiment, negative foreign institutional investors (FIIs), neutral domestic institutional investors (DIIs) and futures & options (F&O) cues, the short-term trend of the Indian stock markets will be positive on Tuesday, June 22, 2021.  See Zee Business Live TV Streaming Below: Domestic stock markets erased the steep losses logged in the morning […]

Markets remain shaky on Fed rate hike fears

Markets remain shaky on Fed rate hike fears

Indian markets were volatile on Friday as investors turned cautious following a faster-than-expected increase in global interest rates, swinging 2% before ending the session with marginal gains. The BSE Sensex was up 21.12 points or 0.04% at 52,344.45 while the Nifty edged 8.05 points or 0.05% lower at 15,683.35. “Weak global cues led Indian equities […]

FPIs make U-turn to  Indian  markets as covid cases fall

FPIs make U-turn to  Indian  markets as covid cases fall

Strong fundamentals, an upbeat policy environment, and stronger- than-expected economic recovery resulted in net inflows of foreign portfolio investment (FPI) worth ₹2.74 trillion into India in FY21. FPIs turned net sellers in April, but the tide has turned again. Mint explores: What is foreign portfolio investment? In June 2014, the Securities and Exchange Board of India enacted […]

MUTUAL FUNDS: Know the risks associated with quant funds

MUTUAL FUNDS: Know the risks associated with quant funds

However, fund managers monitor and make minor changes to the model as and when required. Quant funds are a type of mutual fund, wherein the investing and portfolio construction is carried out with minimal human (fund managers) intervention by using Artificial Intelligence (AI), algorithmic trading, etc. So, to a greater extent, quant funds eliminate the […]