Indian equity indices hit all-time highs with Sensex closing above 85,000 and Nifty above 26,000. Analysts caution about potential short-term hurdles but do not foresee a sharp sell-off. Broader market indices ended weak. Foreign portfolio investors net sold shares, while domestic counterparts bought significantly.
Investors turn to bonds for higher yields amid equity risks, elevated valuations
Investors are turning to bond platforms like bondbazaar and indiabonds for higher yields amid equity risks and elevated valuations. These platforms offer a variety of bonds, including PSUs, tax-free bonds, and NBFC instruments, allowing investors to earn returns of 7-20% based on their risk appetite.
Discount brokers board margin funding biz with revenue channels under lens
Discount brokers are increasingly entering the margin trade funding (MTF) space to diversify revenue streams as futures and options trading faces regulatory scrutiny. Companies like Zerodha, Groww, and Fyers are launching or testing MTF products, while early movers like Mstock and Angel One have already built significant loan books in Continue Reading
Promoters cash in on market rally, selling over Rs 40K cr in September quarter
Promoters of around 180 companies have sold stock worth over ₹40,000 crore in the September quarter, capitalizing on the market rally. This trend is driven by high valuations and various strategic reasons. Prominent sales include those by InterGlobe Aviation, Ambuja Cements, and Patanjali Foods.
Asian equities rally as soft Yen supports Japan: Markets wrap
Asian equities rose as a weaker yen and Beijing’s stimulus measures bolstered Japan and South Korea’s stock markets. Hong Kong futures also advanced, despite a dip in US-listed Chinese companies. The rally follows a week of gains, with investors eyeing further fiscal measures from China amid economic data releases across Continue Reading
Stocks in news: SpiceJet, Puravankara, ASK Automotive, Adani Green, Vedanta
Markets saw a volatile session on Wednesday but continued their upward trend. Key stocks in focus include SpiceJet, Puravankara, ASK Automotive, Adani Green, and Vedanta due to various developments. Notable actions include Societe Generale selling shares in SpiceJet and Puravankara acquiring land in Bengaluru.
Explainer: Here are key financial ratios to evaluate performance of banks
Banking and finance stocks have earned stellar returns over the past few years, thereby attracting retail investors. The sector index BSE Bankex has gained over three times since April 1, 2020, the year of pandemic, closely tracking similar gains in the benchmark Sensex.
NSE plans to triple colocation rack capacity to 4,000 at Mumbai HQ in 3 years
The National Stock Exchange (NSE) plans to expand its colocation data centre at its headquarter in Mumbai for trading members with an almost three-fold increase in number of racks to over 4,000 within the next three years, sources said on Wednesday.
Top 7 hybrid mutual funds with over 20% gains in the last 3 years
ETMarket identified top seven hybrid mutual funds with over 20% gains in the last three years. Hybrid funds balance risk and reward by investing in both equity and debt. Equity-oriented hybrids have similar tax treatment to equity schemes, while debt-oriented hybrids are taxed like debt schemes.
These 8 commodities stocks hit fresh 52-week highs; have rallied up to 30% in a month
Hitting a 52-week high signifies a stock’s peak performance over the past year, providing crucial information for those navigating the market.