These equity mutual funds failed to outperform their respective benchmarks in three years – Down capture ratio?

These equity mutual funds failed to outperform their respective benchmarks in three years – Down capture ratio?

May 01, 2024, 08:58:23 AM IST This ratio is used to measure fund managers overall performance in down markets. A down capture ratio of less than 100 indicates that a fund has lost less than its benchmark in the time period when the benchmark has been in the red zone. Getty Images These five equity … Read more

Starbucks, McDonald’s, Yum earnings show consumers pulling back

Starbucks, McDonald’s, Yum earnings show consumers pulling back

It’s finally here: the long-predicted consumer pullback. Starbucks announced a surprise drop in same-store sales for its latest quarter, sending its shares down 17% on Wednesday. Pizza Hut and KFC also reported shrinking same-store sales. And even stalwart McDonald’s said it has adopted a “street-fighting mentality” to compete for value-minded diners. For months, economists have … Read more

Thinking of creating wealth with Birlas? Here’s how group stocks have performed in 2024 – In Spotlight

Thinking of creating wealth with Birlas? Here’s how group stocks have performed in 2024 – In Spotlight

Mahindra & Mahindra. Share Price 2156.35 03:59 PM | 30 Apr 2024 94.30(4.58%) Power Grid Corporation of India. Share Price 301.85 03:59 PM | 30 Apr 2024 8.16(2.78%) Shriram Finance. Share Price 2551.70 03:59 PM | 30 Apr 2024 59.50(2.39%) Hero MotoCorp. Share Price 4543.05 03:59 PM | 30 Apr 2024 85.36(1.92%) IndusInd Bank. Share … Read more

Bally Sports regional networks go dark for Comcast cable customers

Bally Sports regional networks go dark for Comcast cable customers

A Bally Sports display is shown in the eighth inning of the game between the Houston Astros and Minnesota Twins at Target Field on April 9, 2023 in Minneapolis, Minnesota. The Astros defeated the Twins 5-1. David Berding | Getty Images Sport | Getty Images Comcast customers lost access to Bally Sports’ regional networks a … Read more

Q4 Preview: Coal India Q4 Preview: Net profit seen falling QoQ; strong operational show expected

Q4 Preview: Coal India Q4 Preview: Net profit seen falling QoQ; strong operational show expected

State-owned Coal India is expected to put up a strong operational show for the quarter ended March 2024, led by lower employee costs. The previous year quarter included arrears of earlier years. The company will announce its quarterly results on May 2. Net profit for the fourth quarter is seen rising around 37% year-on-year, while … Read more

A Lawsuit Argues Meta Is Required by Law to Let You Control Your Own Feed

A Lawsuit Argues Meta Is Required by Law to Let You Control Your Own Feed

A lawsuit filed Wednesday against Meta argues that US law requires the company to let people use unofficial add-ons to gain more control over their social feeds. It’s the latest in a series of disputes in which the company has tussled with researchers and developers over tools that give users extra privacy options or that … Read more

Cruise line company trading on NYSE

Cruise line company trading on NYSE

Aerial view of the Viking Jupiter cruise ship anchored in the port of Montevideo, on January 5, 2022.  Ivan Pisarenko | AFP | Getty Images Viking is not your typical cruise operator. Aboard its smaller, upscale vessels, you won’t find any kids. In fact, the cruise line doesn’t hide the fact that it is going … Read more

Technical Breakout Stocks: How to trade Usha Martin, M&M and Trent that hit record highs

Technical Breakout Stocks: How to trade Usha Martin, M&M and Trent that hit record highs

The Nifty50 pared gains after hitting fresh record highs on Tuesday in intraday trade. The S&P BSE Sensex fell nearly 200 points while the Nifty50 closed in the red after hitting a record high of 22,783. Sectorally, buying was seen in power, realty, and auto while energy, oil & gas, healthcare, and IT stocks saw … Read more