Economia

According to the data, FPIs made a net withdrawal of Rs 27,142 crore from equities between October 1 and 4, with October 2 being a trading holiday

After a wave of initial public offerings (IPOs) in recent weeks, the primary market will experience a brief slowdown, with only two new public issues scheduled for the next week, aiming to raise Rs 365 crore. There were 12 IPOs in the mainboard segment and 40 in the SME (small Continue Reading

In a recent interview with ET Now, Aswath Damodaran, a professor at Stern School of Business, NYU, shared his views on emerging sectors and the potential of AI in India’s future.Known for his insights into market trends and valuations, Damodaran discussed the sectors he believes will shape India’s growth and Continue Reading

Equity mutual funds offered returns of up to 20% in the last week (September 30 – October 4). Among the top 20 schemes, international funds stood out. Here are the top 5 funds: (Source: ACE MF)

Indian IT companies are projected to see up to 4% revenue growth for the quarter ending September 30, 2024. Analysts foresee positive trends for FY25, with large-cap firms anticipated to show stable or slight increases in earnings, driven by volume growth and new deals.

Markets experienced significant selloff amid FII outflows, geopolitical tensions, and SEBI rule changes, resulting in a 4.45% drop in the Nifty 50. Technical indicators suggest potential support at 25,000 levels, with a cautious outlook advised for the coming week.

Emerging market dynamics shift as FIIs offload Rs 30,718 crores of Indian stocks in early October, driven by Chinese market outperformance and low valuations. Geopolitical tensions and economic metrics contribute to uncertain FPI flows, while long-term domestic investors eye potential in financials.

Nifty50 and Sensex fell over 4% due to Middle East tensions and a shift of FII funds to cheaper Asian markets. IT stocks remained resilient amid this decline. Retail investors are advised to be cautious and avoid bottom fishing in Mid and Small Caps. Sectors such as healthcare, pharma, and Continue Reading

During the week ending October 4, the Sensex dropped by 4.5%, and the smallcap index fell by 2%. However, 11 smallcap stocks saw declines of over 10% during this period. (Data Source: ACE Equity)

Vedanta is set to consider and possibly approve its fourth interim dividend for FY25 during a board meeting on October 8, 2024. The record date for determining shareholder eligibility is October 16. The company has reached milestones in aluminium and zinc production. Shares closed unchanged at Rs 508.90 on Friday.