Mumbai: Access to Dalal Street is no longer the exclusive preserve of Mumbai’s richer neighbourhoods or old-money Kolkata. Discount brokers, which began democratising equity exposure a decade ago, have since harnessed the mobile data revolution to tell India’s eye-popping growth story to ordinary savers in Madurai, Moradabad or Mangaluru – and wrest a three-fifths share … Read more
Mumbai: Non-banking finance companies have raised the cost of borrowing for stock brokers by 25-30%, according to four industry officials familiar with the matter. The move will make margin funding – a short-term loan that brokers extend to investors for buying shares they cannot afford otherwise – costlier for clients, the officials said. Brokers borrow … Read more
Bajaj Finserv. Share Price 1643.85 04:03 PM | 28 Mar 2024 61.20(3.87%) Grasim Industries. Share Price 2287.30 03:53 PM | 28 Mar 2024 79.96(3.63%) Hero MotoCorp. Share Price 4722.30 03:58 PM | 28 Mar 2024 149.75(3.28%) Bajaj Finance. Share Price 7245.25 03:59 PM | 28 Mar 2024 222.50(3.17%) Eicher Motors. Share Price 4019.30 03:58 PM … Read more
Mumbai: Notwithstanding heightened concerns over froth and over-valuation in the small-cap and mid-cap space, some money managers and brokers are recommending to investors with a high-risk appetite to make fresh investments in such stocks or schemes that invest here. Strength in earnings growth and decline in share valuations in the mid-cap and small-cap segments following … Read more
Mumbai: Most leading Dalal Street participants don’t see any need to tone down their enthusiasm on the stock market’s prospects in 2024 on the heels of the record-breaking run in the previous year. Indian equities are likely to scale new peaks in 2024, with the Nifty forecast to touch 23,500-25,000 levels, said a majority of … Read more
