Reseñas

Silver prices also plummeted by Rs 1,650 to Rs 83,600 per kilogram from Rs 85,250 per kg in the previous close, according to the All India Sarafa Association.

In 2024, the BSE Healthcare Index climbed around 36%, outpacing the benchmark Sensex’s 14% gain. ETMarkets has identified 8 healthcare stocks that have doubled investors’ wealth this year, with returns ranging from 100% to 175%. Of these, 5 have seen greater interest from institutional investors, with both FIIs and MFs Continue Reading

PSU theme-based mutual funds have shown impressive performance, offering an average return of 84.63% over the past year. The CPSE ETF led with a 106.52% return. However, returns have been lower in the last three months, averaging 0.76%. Investors should consider long-term horizons and sector knowledge before investing.

The World Employment and Social Outlook report, released by the ILO on Wednesday, says the global labour income share fell by 0.6 percentage points from 2019 to 2022 and has since remained flat putting upward pressure on inequality, suggesting nations should come up with comprehensive policies to ensure that the Continue Reading

Adani Enterprises’ Rs 400 crore public issue of non-convertible debentures was fully subscribed by 121% on the first day, driven by retail investor interest. The NCDs offer an annual yield of 9.25% to 9.90% and have tenures of 24, 36, and 60 months. The issue closes on September 17.

Vedanta’s long-term ratings were upgraded by ICRA following successful fund-raising efforts, including a $1 billion QIP and $400 million OFS of Hindustan Zinc shares. These moves are expected to improve credit metrics and reduce debt, enhancing financial flexibility.

According to Nagaraj Shetti of HDFC Securities, the Nifty is currently hovering around the critical support level of 25,000, which coincides with both an ascending trend line and the 10-day EMA. The daily chart displays a bullish pattern, characterized by higher highs and higher lows.

As part of the OFS, the government has opted to exercise the greenshoe option, increasing the total stake sale to 6.78%. The government plans to sell up to a 3.39% equity stake on September 4 for non-retail investors. At an offer price of Rs 395 per share, the sale is Continue Reading

Indian benchmark equity indices fell on Wednesday, weighed down by IT stocks and following a decline in global markets amid renewed concerns about a potential slowdown in the United States.

The listing fell slightly short of expectations, despite Ecos Mobility’s shares trading at a grey market premium (GMP) of 48% above the issue price before the debut. The IPO garnered significant attention, with a subscription rate of 64 times, primarily driven by non-institutional investors.