In the large cap segment, 15 companies witnessed significant block deals on the screen which were worth Rs 5,448 crore led by Reliance Industries (RIL) with four block counts totalling to Rs 1,202 crore. The next in line were Tata Group’s Trent (939 crore), Jindal Steel (Rs 483 crore), State Continue Reading

In August, FPIs bought domestic shares worth Rs 7,322 crore which was down month-on-month from July when the total purchase stood at Rs 32,359 crore.

The PBOC will also reduce mortgage rates by 50bp, lower the down payment ratio for second homes, and explore options for banks to purchase land from developers. Additionally, an RMB 500bn liquidity program for non-bank financial institutions and a re-lending initiative for share buybacks were announced.

It’s important to use the PE ratio alongside other metrics for a comprehensive analysis of a stock’s value.

The next few months are going to be exciting for investors with some big companies likely to hit the public markets. These include, Hyundai Motor, Swiggy, Waaree Energies, NTPC Green, NSE among others.

Vinit Bolinjkar of Ventura Securities highlights Maruti and Adani Green as top picks. Maruti aims to establish 25,000 charging points by FY25. Adani Green is also promising with upcoming IPOs. Banking, IT, and metal sectors are expected to continue performing well, although some profit-taking may occur in the coming weeks.

Global brokerage firm UBS has initiated coverage on several pharma stocks, highlighting potential upsides and challenges within the sector. The report points to weakening trends in both India and the US, with underappreciated growth slowdowns in these markets. UBS has provided a mixed outlook, issuing both ‘Buy’ and ‘Sell’ ratings Continue Reading

In the week ending September 27, the Sensex experienced a weekly gain of about 1.2%, while the smallcap index remained largely unchanged. However, 8 smallcap stocks achieved significant weekly price increases between 15% and 37%. (Data Source: ACE Equity)

In simple terms, the net selectivity ratio is a measure of a portfolio manager’s stock-picking skills. It looks at how well the manager can choose individual securities that outperform their benchmarks or market indexes. The ratio isolates the returns that arise purely from the active selection of securities rather than Continue Reading

Silver prices showed a stellar rally on Thursday up to their highest level in a decade on the back of China’s stimulus measures amid desperate attempts by the world’s largest consumer of white metal to shore up its economic growth. However, industrial sector demand remained a concern.