Standoff between Indian regulators and ESMA to continue

Standoff between Indian regulators and ESMA to continue

MUMBAI : The standoff between Indian regulators and the European Securities and Market Authority (ESMA) on supervisory and auditing powers over clearing corporations is likely to persist, as Indian regulators are unlikely to yield. Officials at the Securities and Exchange Board of India (Sebi), the Reserve Bank of India (RBI) and the International Financial Services […]

Booming Bulls Academy opens five more hybrid centres

Booming Bulls Academy opens five more hybrid centres

ANI | Updated: Nov 07, 2022 18:09 IST Noida (Uttar Pradesh) [India], November 7 (ANI/BusinessWire India): Maintaining top business form as the company approaches the third anniversary of its incorporation, Booming Bulls Academy, is all set to open the doors of its newest hybrid centres at Bengaluru, Mumbai, Surat, Ahmedabad and Gurugram in the month […]

The stealth bull market

The stealth bull market

At the end of July, I had written an article titled “An old, new bull market?”, which tried to explain the market mood against the backdrop of rising inflation, escalating interest rates, and slow growth, which together act as a cold wet blanket. But the stock markets were resilient. The S&P500, bellwether of the […]

Why do many top profit-making companies lag in market cap?

Why do many top profit-making companies lag in market cap?

The five MAMAA stocks – Meta, Alphabet, Microsoft, Apple, and Amazon – account for 22 per cent of the S&P500’s market cap. This dominance of mega-corporations in market cap is a major trend in mature economies, and this trend is catching on in emerging markets like India too. A structural shift in the Indian economy, […]

Mid-cap finance stock declares  ₹8.50 per share dividend: Do you own?

Mid-cap finance stock declares ₹8.50 per share dividend: Do you own?

With a market valuation of ₹12,021.80 Cr, Computer Age Management Services Ltd (CAMS) is a mid-cap company that operates in the financial services industry. The organisation has over 25 years of experience providing financial infrastructure and services to Mutual Funds and other financial institutions. As of September 2022, CAMS served 69% of the average assets […]

2 multibagger stocks could rise up to 14% in 3 months of holdings: Buy?

2 multibagger stocks could rise up to 14% in 3 months of holdings: Buy?

The brokerage company ICICI Direct Research has recommended buying two multibagger stocks, Persistent Systems Limited and Indian Hotels Company Ltd. With a target price of ₹4,240.00 for Persistent Systems, the brokerage firm sees potential upside of up to 13%, while with a target price of ₹388.00 for Indian Hotels, it sees potential upside of up […]

This Stock is the ITC of Banking Sector

This Stock is the ITC of Banking Sector

Is Mahindra & Mahindra (M&M) the ITC of the auto sector? I asked this question to Equitymaster readers in November 2020. In the video, I explained the striking similarities between the best FMCG stocks in India and the evergreen automaker.  In both cases the financial numbers inspired confidence. But the market sentiments about the stocks were at […]