Zerodha founder’s pitch to FinMin to make ‘wealthiest’ NRIs invest in Indian mkt
Zerodha co-founder and CEO Nithin Kamath has a suggestion for the Finance Ministry to modify the “cumbersome” process of opening demat accounts online for non-residents Indians (NRIs). The Zerodha boss said that with Indian markets doing well, there’s a great interest to invest here. He, however, believes the tough onboarding process leads to massive drop-offs. […]
Stock Market Updates: Sensex Opens Flat, Nifty Above 17,900; Nykaa Drops 4%
FILE PHOTO: A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, June 29, 2015. REUTERS/Danish Siddiqui Sensex Today: Sensex, and Nifty opened flat and traded in the green on Tuesday morning as investors eye global cues Sensex Today: Sensex, […]
Market Highlights: Sensex ends 168 points lower and Nifty 50 below 17,900
Market at Close | Sensex and Nifty 50 give up initial gains to end lower — IT stocks rise as earnings flow in, Tech M, HCL, Wipro, Infosys top gainers. — HDFC Bank slips despite reporting a healthy set of earnings. — Adani Ent falls three percent on reports of company filing FPO papers with SEBI. […]
Lessons from the biggest multibaggers
For equity investors, certain stocks, properly selected, can be ladders to riches. While banks are paying you 6-7 per cent per annum, every few years a handful of stocks can go up 100 per cent or more. Over 10 years some stocks can go up manifold. Here is the […]
Budget 2023: Foreign portfolio investors seeking clarity & parity on tax
Foreign Portfolio Investors (FPIs) were allowed entry into the Indian capital market at the beginning of 1993, and the FPI policy has been progressively liberalised thereafter. As per the stock exchange data, FPIs have accounted for more than 1/5th of the market cap of the listed companies over the past few years. FPI inflows have […]
With a dividend of 500% HCL Tech to turn ex-dividend next week: Buy?
HCL Tech has said in a stock exchange filing that “The Board of Directors has declared an Interim Dividend of Rs.10/- per equity share of Rs.2/- each of the Company for the Financial Year 2022-23. The Record date of January 20, 2023, fixed for the payment of the aforesaid interim dividend has been confirmed by […]
HDFC Bank Q3 Preview: What brokerages are expecting – The Economic Times
!1 New UpdateClick here for latest updates JPMorgan Chase & Co reports net income of $10.6 billion for December quarter JPMorgan Chase & Co reported quarterly adjusted earnings of $3.56 per share for the quarter ended in December. The mean expectation of 21 analysts for the quarter was for earnings of $3.07 per share. * […]
Will the stock market crash in 2023? This fund manager says yes
We didn’t know about him either until recently. However, he seems to have done enough in the year 2022 to deserve worldwide recognition, at least in the field of finance. Turns out, Mr Berger, who is a hedge fund manager, was on a roll last year. At a time when the western stock markets were […]
Yes Bank share price retraces 20% from 52-week high. Buy or sell?
Yes Bank shares recently made 52-week high of ₹24.75 apiece on 13th December 2022. However, after ascending to this peak, Yes Bank share price has remained an ideal ‘sell on rise’ stock on Dalal Street. Yes Bank share price today continue to attract bears and made its intraday low of ₹19.65 per share, clocking more […]
He will teach you to grow wealthy
I, me, myself I am Managing Director of Findoc Investmart Private Limited, a first-generation entrepreneur, an angel investor and philanthropist based out of Ludhiana. I am also a member of the Board of Governors, IIT, Mandi and a regular member of YPO. Stock trading is my passion, and I intend to develop algo trading as […]