'The correction could take two to three months and traders need to be careful.' 'For investors, this could be a good time to nibble in.'
On the Sensex chart, IndusInd Bank, SBI, Dr Reddy's, NTPC, ICICI Bank, HCL Tech and Bajaj FinServ emerged as major laggards.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Increased demand from oil importers for the American currency and a weak opening in the domestic stock market also put pressure on the rupee.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
D-Street is hoping RBI policy review meeting on Tuesday will uphold its stand on easing of interest rates
After the finance minister directed public sector banks to join the account aggregator (AA) ecosystem, 5-6 major ones, including State Bank of India (SBI) and Bank of Baroda are expected to go live by July-end. Sahmati, an industry alliance for the AA ecosystem, has been working with PSU banks to get them onboarded for quite some time now. So far, Union Bank of India and Punjab National Bank (PNB) have gone live on the AA ecosystem. While Union Bank has been live for a while, PNB went live earlier this month.
Corporate revenues will decline for a third consecutive quarter in March on a YoY basis - one of the worst shows by these companies in many years.
Without factoring in the rupee-dollar exchange rate, the index has been touching new all-time highs repeatedly.
Banks have not cut rates yet as March is typically a busy season.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The rupee appreciated by 0.27 per cent in June against the dollar.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Equity benchmark Sensex rallied 487 points on Monday to close at a fresh lifetime peak, tracking gains in Infosys, HDFC twins and HCL Tech amid massive foreign fund inflows.
Of the total scrips traded, 1,998 advanced, 631 declined and 184 remained unchanged.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Experts caution that the rally in these stocks may fizzle out soon, as the overall market sentiment still remains weak.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
SBI was the top gainer in the Sensex pack, rallying over 10 per cent, followed by Kotak Bank, Dr Reddy's, UltraTech Cement, ITC and HDFC Bank. On the other hand, Axis Bank, Bharti Airtel, ICICI Bank, Maruti and HCL Tech were among the laggards.
HCL Tech was the top gainer in the Sensex pack, rallying around 5 per cent, followed by Tech Mahindra, Infosys, PowerGrid, Sun Pharma, L&T and Nestle India. NSE Nifty climbed 137.90 points or 1.03 per cent to 13,466.30.
Most Asian markets were trading weak on Monday.
Auto firms are likely to perform better in coming months.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Firms have to adhere to strict compliance requirements mandated by global parents
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
An additional factor spurring the FMP launches is MFs' desire to retain investors as many such offerings are set to mature over the next two months.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Small stocks made a dashing comeback in 2020 after delivering negative returns in the last two years as increased retail investor participation in pandemic times saw small-cap index surging up to 31 per cent and outperforming the bigger benchmark gauge. This year turned out to be eventful for the equity market, witnessing bearish and bullish sentiments at different points of time. While the initial part of COVID-ravaged 2020 saw the bears in full force amid concerns related to the pandemic and lockdowns hurting economic activities, bulls made a comeback towards the latter half of the year. As the market swayed with many lows as well as highs, small and mid-cap indices emerged as markets favourites in 2020.
TCS, Eicher Motors and Kotak Mahindra Bank have turned out be the fastest and most consistent wealth creators.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Finance Minister Arun Jaitley said Sebi would develop new products in the commodity derivatives space apart from taking steps to deepen the corporate bond market.
HDFC Bank has ensured that no bank will be able to match them in the near future without bleeding on margins.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Move can also bring a huge change in the way business is done in India, where firms use multiple current accounts, often for even individual projects, making them difficult to monitor.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The panel suggests the government be authorised to raise the thresholds, which trigger applicability of Corporate Social Responsibility provisions.
