Global trends, WPI inflation data for April and the ongoing quarterly earnings of corporates would be the major driving factors for the stock markets, analysts said. Investors would also keep a tab on the movement of foreign institutional investors who are on a selling spree in the domestic equity market for the past many days. "Inflation concern and monetary tightening across the globe are key concerns for the equity markets. "Equity markets are under the strong grip of bears however they look extremely oversold and due for a pullback rally.
Dy Governor notes it's an era of job changes for better.
TMFs invest in a public index, so investors know beforehand which instruments the fund will invest in.
Mudra Bank will be a Rs 20,000-crore institution, which would "primarily be responsible for refinancing all micro-finance institutions.
EC received the RBI proposal in the first week of this month, soon after the model code of conduct came into force on March 5.
HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
Licence winners are expected to be announced by the first quarter of 2014.
Fund managers have favoured stocks in the financial services and automobile spaces, which include IDFC, PNB, Maruti Suzuki and Hero MotoCorp.
Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
Based on this screening, the committee may weed out applications that do not meet the eligibility yardstick or the 'fit and proper' criteria for securing a licence.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
The market breadth, indicating the overall health of the market turned negative from positive
Exuding confidence in setting up a profitable banking venture, industrialist Anil Ambani on Tuesday said the proposed bank will help lower Reliance Capital's debt to one-fourth of current levels and would be listed as a separate entity in three years.
Telecom service operator Airtel on Thursday urged the government not to charge high fees for allotting 5G spectrum, saying a faster roll out of the next-generation telecommunication network can have more benefits than collecting revenue in upfront cost. Sunil Bharti Mittal, chairman of Bharti Enterprises which runs the country's second largest telco, said that there are a variety of applications across sectors ranging from healthcare to video interactions, which will make 5G a technology to be introduced as soon as possible. "5G is important and that's why we keep on requesting the government to make the 5G as an enabler for hundreds of things that we develop in the country, to keep the spectrum at affordable pricing, to not load the industry too much," Mittal said at the Times Network India Economic Conclave.
'Kindly advise about the following stocks. Can I hold or exit?'
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Thanks to Rajan we are an inflation-targeting country now
Retail inflation inched up to 4.48 per cent in October due to an uptick in food prices, government data showed on Friday. The Consumer Price Index (CPI) based inflation was at 4.35 per cent in September and 7.61 per cent in October 2020.
Sectors such as Auto, Banks, Capital Goods, FMCG, Metal, Oil & Gas and Power are trading marginally lower.
The niche banks - small finance and payments banks -have been set up to further the regulator's objective of deepening financial inclusion.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The largest e-commerce entity of China is setting up its first India office -- an indication that it intends to capture a pie of the growing e-commerce market here. Raghavendra Kamath & Alnoor Peermohamed report.
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'EV-charging is the next big opportunity after fuelling'
The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.
The Survey shows fiscal consolidation despite slowdown in growth.
Tamal Bandyopadhyay discusses his latest book Bandhan: The Making of a Bank at Bandhan headquarters in Kolkata.
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Historically, it is only the third time funds raised through IPOs has crossed the Rs 10k-crore mark
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Control over PSU banks is what is allowing the government to drive this scheme.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries