Sanjiv Bhasin, Director, IIFL Securities, says “ we exited Paytm and Zee as well. These have been two of the weak calls and we wanted to get into better plays because this underperformance might stay for a longer than expected period and who wants to fight uncertainty in a bull market? If they cannot perform … Read more
“Cyclicals, commodities, capex are the most promising segments in the market,” says Somnath Mukherjee, CIO & Senior Managing Partner – Product & Research, ASK Private Wealth. In an interview with ETMarkets, Mukherjee said: “India’s a structural growth story, so expect FII flows to remain quite good. The real breakout will be the start of US … Read more
Manish Raj Singhania, President, FADA, says “immediately after the election, we saw a big spike in PV retails. So, though during the elections, we will see a slight dip, but what we saw in the Vidhan Sabha elections will definitely be replicated in the Lok Sabha election. Post election, we can expect a big spike … Read more
“There are a good number of senior management people we have already boarded to the bank and they are also setting up the bank and so it is the right time, given we have a very professional team,” says Chandra Shekhar Ghosh, MD & CEO, Bandhan Bank.What are your future plans?I need to retire and … Read more
Mutual funds have begun to disclose the results of stress tests for their small and mid-cap schemes following a recent directive from the Association of Mutual Funds in India (AMFI), in collaboration with the Securities and Exchange Board of India (SEBI). These disclosures will be reported on a monthly basis and assess the liquidity of … Read more
There are a host of corporate actions scheduled for this week. Sun TV Network, Vesuvius India, and DCM Shriram Industries will trade ex-dividend, while Grauer & Weil will trade ex-bonus this week. On Monday, 8 April, Indian Metals & Ferro Alloys (Rs 15/share), Prima Plastics (Rs 2/share), and Sun TV Network (Rs 3/share) will trade … Read more
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Neerja Kapur, Chairman-cum Managing Director, New India Assurance, reported a global written premium target of Rs 42,000 crore, with unaudited figures showing a total of Rs 41,860 crore for the financial year. The final figures depend on the trial balance and balance sheets. This translates to a $5 billion global premium. When asked about the … Read more
The Nifty 50 ended on a flat note after a volatile session on Wednesday as mixed cues from global markets triggered profit booking. Rollover of positions to the May derivative series ahead of the expiry of the April series added to the volatility. While Nifty 50 ended flat at 22,434.65 points, it has formed a … Read more
Vishal Thakkar, Deputy CFO and Gopal Agrawal, CEO, Anupam Rasayan, in conversation with ET Now. Agrawal says: “Even in FY24, our EBITDA margins have been steady and that is precisely the reason where the nature of the contract with our customers has helped. While, one could see a little bit of a pressure overall, for … Read more
