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Market at Close | Sensex and Nifty 50 end at 2-week highs  — HDFC and HDFC Bank lift Nifty on expected FII flows, stocks up two percent each — Metal stocks surge on positive brokerage note, Nifty metal top gaining index. — Hindalco, Tata Steel, JSPL, SAIL are amongst top gainers in metal basket — […]

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. […]

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 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. […]

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 […]

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 […]

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 […]

!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. * […]

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 […]