In times when foreign investors are taking calculative bets on India, the faith of retail bulls remains unabated, as they increased their holding in more than 300 stocks for three straight quarters. Their consistent faith seems to have paid off too, because atleast 100 of the 300 stocks have given multibagger returns so far in … Read more
Benchmark indices fell on Monday due to profit booking amid mixed trends in global markets. The 30-share Sensex settled 523 points lower at 71,072 and the broader Nifty also closed 166 points lower at 21,616. Stocks that were in focus included names like Global Health, which rose 6.34%, MCX, which dropped 9.03%, and Apollo Hospitals, … Read more
Mumbai: The selloff in shares of public sector companies aggravated on Monday as disappointing third-quarter results of a few prompted traders to liquidate bullish bets. Analysts warn about the likelihood of further declines in these stocks, which have been the top performers on Dalal Street for the past three months. Any sharp fall in the … Read more
Japan’s retail investors are pouring money into Indian stocks amid bets the nation will be the next China. Total assets of India equity-focused investment trusts in Japan grew 11%, or ¥237 billion ($1.6 billion), in January, according to data compiled by Bloomberg. Factoring in the gains of Indian stocks on the yen basis last month, … Read more
Ahead of the upcoming interim budget and dim markets, the stocks related to defence, automobile, packaging and insurance may gain momentum.Looking at this week’s Nifty’s performance, it has breached past three week’s low fearing a stop on its bull run. FIIs have been selling continuously for the past few days which is not considered as … Read more
Mumbai: The Securities and Exchange Board of India (Sebi) is set on imposing tightened ultimate beneficial ownership norms for overseas investors with effect from February 1 despite pressure from foreign banks and a section of offshore fund managers to ease the rules ahead of the deadline, said a person with direct knowledge of the matter. … Read more
The Nifty started the week on a positive note but witnessed selling at higher levels to end the week on a weak note. The Nifty50 closed at 21622 on 19th January with a loss of 272 points on a weekly basis. On the weekly chart, the index has formed a Bearish candle which engulfed its … Read more
Mumbai: Margin funding, where retail investors purchase stocks by paying 25% and brokers fund the rest for up to a year, hit an all-time high this week, when the broader market also climbed to a new peak. This increase in risk appetite reflects a prevailing sense of euphoria among retail investors, although market participants warn … Read more
Fund managers continue to bet on a private sector capex revival in the coming year, as the BJP’s strong show in the state elections in December has reduced political uncertainty and raised hopes of policy continuity. According to the recent data published by project-tracking database research fi rm Centre for Monitoring Indian Economy (CMIE), a … Read more
Still, timing of a buyback, regardless of the size, is key, as the response hinges on the timing of the exercise. Synopsis Data sourced from Prime Database reveals that 48 companies spent ₹48,079 crore on buying back their stocks in 2023 – a year when the benchmark Nifty 50 appreciated over 20%. This is second … Read more
