Investors looking to earn more than bank deposits and unwilling to take risk in equities at elevated valuations are logging on to bond platforms to buy into higher yielding fixed-income instruments. Platforms such as bondbazaar, indiabonds, bondsindia, GoldenPi, and several others offer investors an opportunity to buy a variety of bonds ranging from PSUs, tax-free … Read more
Indian Railway Finance Corporation Share Price 167.02 04:00 PM | 12 Sep 2024 1.15(0.69%) One97 Communications Share Price 666.0 04:01 PM | 12 Sep 2024 -0.5(-0.08%) YES Bank Share Price 23.43 04:01 PM | 12 Sep 2024 -0.4(-1.64%) ITC Share Price 519.5 04:13 PM | 12 Sep 2024 5.15(1.01%) HDFC Bank Share Price 1666.6 04:00 … Read more
Equity markets concluded a three-week winning streak with a loss of over 1.5%, largely impacted by weak global cues. In today’s trade, shares of SpiceJet, Shriram Finance, Suven Pharma, Mazagon Dock, Suzlon Energy among others will be in focus due to various news developments. Shriram Finance Shriram Finance is planning to raise $1 billion (about … Read more
Domestic markets ended slightly higher in a lackluster session on Thursday, pausing after the recent rally. In today’s trade, shares of Ambuja Cements, Nykaa, Adani Power, Bharti Airtel, Wipro among others will be in focus due to various news developments. Ambuja CementsThe Adani Group is likely to sell a 2.84% stake in Ambuja Cements on … Read more
Indian market is expected to trade higher on Tuesday tracking positive global cues. The Nifty future closed flat at 24,590 levels on Monday. India VIX was down by 0.61% from 14.40 to 14.32 levels. On the options front, the maximum Call OI is placed at 25,000 and then towards 24,600 strikes while the maximum Put … Read more
The market for used trucks has seen a significant increase in prices over the past year, particularly in the light commercial vehicle segment. According to the Shriram Mobility Bulletin, vehicles in the 1.5 to 2 tonne segment experienced a 38% price jump, while the 2 to 3.5 tonne and 3.5 to 7.5 tonne segments saw … Read more
One of the world’s largest money managers Vanguard Group’s India stock portfolio is faring poorly in the current calendar year, with nearly 60% of the 26 stocks languishing. Vanguard, which owns Indian stocks worth nearly Rs 36,000 crore through its various funds, has seen a decline in its portfolio value by Rs 664 crore in … Read more
Shares of Maruti Suzuki India (MSIL) jumped 4% on Wednesday to hit a fresh 52-week high of Rs 12,722.70 on the NSE. The company also entered the coveted club of stocks with a market capitalisation of Rs 4 lakh crore. Currently, there are 13 other stocks with a market capitalisation of Rs 4 lakh crore … Read more
State-run NTPC, NHPC and NLC India will see their weights go up on the Nifty CPSE following a semi-annual rejig in the index, effective from Thursday, March 28. The adjustment will likely trigger passive cumulative inflows of $94 million according to estimates by Nuvama. A lion’s share will be contributed by NTPC ($71 million) followed … Read more
Brokerage Jefferies initiated coverage with a buy rating on Shriram Finance while UBS maintained a buy rating on Dr Lal PathLabs and Reliance Industries. Bernstein has an outperform rating on HDFC Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Jefferies on Shriram Finance: Buy| Target Rs … Read more
