MUMBAI – After being net sellers in the last two months, foreign portfolio investors made a comeback to Dalal Street in this month, as they poured in a whopping Rs 43,900 crore across 13 sectors in the first fortnight of March. About eight sectors received inflows of more than Rs 1,000 crore each, data by … Read more
Mumbai: Notwithstanding the sharp swings in the stock market in recent weeks, individual investors are not shying away from borrowing and betting on shares, especially mid-caps – some of the worst hit in the recent sell-off. The total quantum of margin funding – a short-term loan to investors for buying shares they cannot afford otherwise … 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
Benchmark indices rebounded on Wednesday amid a largely firm trend in global equities. The 30-share Sensex rose 89.64 points to settle at 72,101 and the Nifty climbed 21.65 points to finish at 21,839. Stocks that were in focus included names like LIC, which fell 1.21%, Zomato, which jumped 5%, and Bharti Airtel, whose shares rose … Read more
Charles J. Meyers, president and CEO of Equinix, poses in his office in Redwood City, Calif., Dec. 18, 2018. Nhat V. Meyer | Bay Digital First Media | The Mercury News via Getty Images Hindenburg Research on Wednesday took aim at Equinix, the $80 billion data center provider, and accused the company’s management of selling … Read more
As investors continue to pour money into stocks and equity funds, asset managers are raising more cash in their portfolios. February month data shows that the total cash pile at equity mutual funds rose for the second consecutive month to 4.82% of total assets under management (AUM) at Rs 1.33 lakh crore. SBI Mutual Fund … Read more
Equity indices declined over half a percent on Friday amid weak global market trends. The 30-share Sensex declined 453 points to settle at 72,643 and the Nifty dropped 123 points at 22,023. Stocks that were in focus included names like OIL, which fell 4.04%, IOC, which declined 5.25%, and BPCL, whose shares dropped 4.15% on … Read more
Most technical charts indicate a weak trend for Nifty in the short term. A decisive move below 21,900 could trigger significant weakness, potentially for the next support levels of 21,500-21,400, as suggested by technical analysts. Stocks recommended by them include BEL, JK Cement, ITC, AU Bank, and Kotak Bank, while those with a negative bias … Read more
Bitcoin is set to continue its record-breaking rally and rise above $80,000 as institutional investors pour more money into the crypto-backed exchange-traded funds, according to Binance chief executive officer Richard Teng. The launch of Bitcoin ETF in the US earlier this year has attracted institutional investors and new fund flows, Teng said at an event … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) in New York. Bloomberg | Bloomberg | Getty Images Four of investors’ top five favorite destinations are in Europe, according to the Milken Institute’s Global Opportunity Index (GOI) report. Denmark topped this year’s rankings, scoring first on business perception, a measure of the … Read more
