Reseñas

Shares of Bajaj Finance and Bajaj Finserv declined by 3.3% and 3%, respectively, on the BSE following the multibagger listing of Bajaj Housing Finance. This IPO is the largest of 2024 so far and was subscribed nearly 67 times the number of shares offered. Bajaj Finance shares hit a day’s Continue Reading

Equity indices Sensex and Nifty ended marginally lower on Friday after a record rally, with profit-taking emerging. Stocks in focus included Bharti Hexacom, Jubilant Pharmova, and Westlife. Analysts recommend monitoring key support and resistance levels for these stocks as they show potential for further gains.

Northern Arc Capital, a mid-tier nonbanking finance company, plans to raise ₹500 crore through fresh equity and ₹277 crore via an offer for sale by existing investors. The company focuses on lending to MSMEs, microfinancing, and consumer financing. Its assets under management grew by 28% annually between FY22 and FY24.

Several regional companies like PN Gadgil, Arkade Developers, and Manoj Vaibhav Gems N Jewellers have recently launched IPOs, with some outperforming their national peers. These businesses attract private equity due to their strong local market expertise but face risks such as high business concentration and limited market size.

Technical indicators suggest a bullish trend for Nifty with a short-term target of 25,700 and strong support at 25,000. Analysts predict a mid-term target of 26,980. Key stocks to watch include Bank of Baroda, IndusInd Bank, Kotak Bank, ICICI Bank, and DLF. Traders are advised to remain long on both Continue Reading

The ongoing surge in mid-cap and small-cap stocks is expected to continue, driven by domestic investor flows. Analysts caution that the pace may slow after the US Federal Reserve’s rate-setting meeting on September 18. Despite high valuations, investor sentiment remains optimistic, with potential for further gains or sharp corrections based Continue Reading

Domestic markets reached record highs last week amid a global rally. The upcoming US Fed meeting on September 18 is in focus. Analysts are optimistic about Nifty’s potential to reach 26,000, supported by private banking majors. Key stocks in the F&O ban include Balrampur Chini Mills and Hindustan Copper.

A 36-hour financial rollercoaster will kick off with the Federal Reserve’s expected decision to cut interest rates on Wednesday, and culminate on Friday with the results of the Bank of Japan’s first meeting since it increased borrowing costs and contributed to a global selloff

Stocks that hit fresh record highs on Friday include Home First Finance, which rose by more than 6%, Muthoot Finance, which gained over 1%, and Krishna Institute of Medical Sciences, which closed with a 1% increase.

Axis Mutual Fund has introduced the Axis CRISIL-IBX AAA NBFC Index – June 2027 Fund, an open-ended Target Maturity Index Fund. This fund invests in the constituents of the CRISIL-IBX AAA NBFC Index – June 2027, offering moderate interest rate risk and relatively low credit risk. The fund is set Continue Reading