Edward Johnson 
If Christmas hasn’t cleaned you out financially, now could be the last chance to grab one of the UK’s highest-paying fixed-rate savings accounts. With the money markets convinced that interest rates are heading on a downward trajectory, the smart savings cash is heading for a fixed-rate bond – while rates above 5% are still available. … Read more
Key note address delivered by Christopher Wood, equity strategist, CLSA, in his first public appearance in India, at the ET Now Market Summit-2010. Excerpts: Hello everybody and thank you for asking me. I will be running through some charts which were still first with the situation in the West. Then I will move on to … Read more
Introduction: House prices fall 1.8% in 2023, on final City trading day of the year Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. It’s the final trading day of 2023! And Nationwide, the building society, is kicking the day off by reporting that UK house prices … Read more
Climb and kayak in the Aegean Check out the village of Elena on Kalymnos in the Aegean, which is within walking distance of the climbing crags. You can enjoy an amazing breakfast in a lovely apartment here before you set off, too. Masouri, a resort village, is close and is full of climbers. I recommend … Read more
After a bumper response to the IPO, the shares of Innova Captab debuted at a premium of 1.8% on BSE at Rs 456.1 per share. The stock listed at Rs 452.1 (up 0.9%) on NSE compared with the IPO price of Rs 448. At the upper price band, the company is valued at a P/E … Read more
The reclusive super-rich twins Sir David and Sir Frederick Barclay, who became notorious for their use of tax havens to manage their vast business empire, lobbied the Labour government to abolish inheritance tax altogether, Cabinet Office papers reveal. Sir David and Sir Frederick, then owners of the Telegraph and Spectator titles, as well as the … Read more
Shares of Supreme Power Equipment listed with a premium of 50.8% on the NSE SME platform on Friday. The stock was listed at Rs 98 on NSE. Ahead of the listing, the company’s shares were trading with a premium of Rs 31 in the unlisted market. The IPO was priced in the range of Rs … Read more
As Nifty is ending the record-breaking year 2023 with a handsome upside of 20%, billionaire banker Uday Kotak on Friday warned Dalal Street’s Covid batch of investors of the unpredictability of the stock market, giving the example of Japan. “Many investors have joined post Covid. They have mainly seen upside. While the situation is not … Read more
After ending the monthly F&O expiry 8.2% higher on the back of sustained buying by FIIs, some profit booking was seen in Nifty on Friday morning. The index had closed with a Doji candle near an all-time high level on Thursday. We spoke to Sudeep Shah, Deputy Vice President and Head of Technical & Derivatives … Read more
MUMBAI: There is very little value in most parts of the equity market after the recent run-up seen in shares, said Kotak Institutional Equities, advising investors to expect low returns in the election-bound 2024. The brokerage has been cautious on the mid- and small-cap space for the last three to four months, and following the … Read more
