PSU divestment, LIC IPO, fiscal deficit: Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation.
Top firms will have enough firepower to go for foreign M&As, given their balance sheet growth, say bankers.
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.
Trustees and protectors can help ring-fence your trust deed and ensure it is executed exactly the way you want, for the benefit of your children, after you are no more.
Commercial banks in the country continued with their improving asset quality trend in the October-December 2021 quarter with slippages remaining under control coupled with healthy recoveries and upgradation of asset classification. The 28-listed banks reported improvement in bottom line with net profits rising 64.1 per cent year-on-year (YoY) and 21.5 per cent sequentially. This is mostly on account of a fall in provisions and contingencies.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
Investors continue to back-up equity mutual funds in June as such schemes attracted a net inflow of Rs 15,498 crore on strong flows from systematic investment plans despite volatility in the stock market and relentless selling by Foreign Portfolio Investors (FPIs). This also marked the 16th straight month of positive inflow in equity schemes. Inflows into equity mutual funds in June was lower compared to the net inflow of Rs 18,529 crore seen in May, data from the Association of Mutual Funds in India (AMFI) showed on Friday.
To be able to tide over the current crisis, automobile manufacturers have waged a war against all cost heads.
Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
'The market recovery is fragile,' warns Raamdeo Agrawal, co-founder and joint managing director, Motilal Oswal Financial Services.
NSEL scam: Brokers of IIFL, Anand Rathi, Geojit arrested.
Sensex was up 184 points at 25,580 and the Nifty added 71 points to end the day at 7,654
'To achieve a corpus of Rs 10 crores in the coming years, I would suggest you increase your SIP, advises Nikunj Saraf, vice president, Choice Wealth.
The combined profit before tax of 748 companies, which have declared their results for Q1FY21, is down 46 per cent YoY. Their net sales went down by a quarter as the Covid-19 lockdown led to a sharp fall in economic activity.
The Sensex closed higher by 170 points at 26,128 and the Nifty rose 59 points to end at 7,943.
Brokerages expect better financials as management is determined to improve profitability.
There is a lot of optimism as regards the defence, railway and manufacturing sectors.
Campus recruits can also aim to double the existing entry level package by proving their skills through the TCS national qualifier tests.
Session-wise data indicates small investors have taken money off the table in more sessions than they have pumped in additional capital.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Since last month, the realty (down 23%), auto (down 16%) and finance (down 14%) indices have underperformed the market by falling over 13%, as against 8% decline in the benchmark indices
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.
India VIX has been mirroring the CBOE Volatility Index.
Higher growth, reform bets have boosted returns but leave limited room for error.
While commercial vehicles are expected to benefit from strong replacement demand, the two-wheeler and tractor segments are expected to gain from a recovery in the rural economy.
Among the key concerns of the Street is market share losses in growth segments, led by higher competitive pressures.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'It is almost four years since we've seen strong growth in earnings.' 'The markets have rallied about 20 per cent in the past year, which is ahead of earnings.' 'So, the stress now will be on earnings to catch up.'
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Mandatory hallmarking of gold would be a positive in making the gold market more organised. Mandatory hallmarking would come into effect from January 15, 2020, with a one-year transition period for trade to sell existing inventories. Experts also expect more policy measures next year to bring in more transparency in terms of gold as an asset class.
Zomato's initial public offer (IPO) is scheduled to open for subscription on July 14 and is priced between Rs 72 - 74 per share. At the upper end of the price band of the offering, the company aims to raise Rs 9,350 crore. Most analysts have given a 'subscribe' rating to the issue for listing gains.
This is a good opportunity for long-term investors to pick quality small and midcap stocks at reasonable valuations.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
'The decline was inevitable as one-year returns have been negative.'
Since you are betting only on a few stocks, the risks are high.
'Overall, the Indian economy is doing well.' 'Our economic fundamentals are strong and the early signs of recovery are sustainable.' 'This is positive for the market in the long run.'
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.