High-end apartments, penthouses, and bungalows boasting amenities like swimming pools, expansive driveways, and premium interiors are becoming highly sought after.
HDFC Bank's market capitalisation (market cap) touched Rs 13 trillion in Thursday's (December 28, 2023) intra-day trades as the largest private sector lender is set to report its sharpest monthly rally in the past two years. At 10:33 AM; HDFC Bank's market cap stood at Rs 13.03 trillion, the BSE data shows. The stock was up 1 per cent at Rs 1,717.90 in intra-day trades on December 29, inching towards its record high of Rs 1,757.80 touched on July 3, 2023.
Ten ministers were inducted into the Mann-led cabinet on Saturday.
rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
British multinational BAT PLC on Tuesday said it plans to sell up to 3.5 per cent stake in India's ITC Ltd to institutional investors through a block trade. In a statement, British American Tobacco PLC (BAT), the single largest shareholder in ITC Ltd (ITC), said its wholly-owned subsidiary Tobacco Manufacturers (India) Ltd (TMI) intends to sell up to 43,68,51,457 ordinary shares in the Indian diversified entity to institutional investors by way of an accelerated bookbuild process (block trade), subject to customary closing conditions.
'...over the long-term can be done only by investing in equities.' 'And during weak macros, one needs t1o allocate more than drawing it down, because they offer the best entry point.'
Palanivel Thiaga Rajan was on Thursday relieved of the finance portfolio by Tamil Nadu Chief Minister M K Stalin.
Treat silver as part of the procyclical or growth assets in your portfolio, advises Sanjay Kumar Singh.
Navjot Sidhu has been given power and new and renewable energy sources, and his tourism and cultural affairs portfolio has been given to Charanjit Singh Channi.
'If rate cuts happen, bond yields will come down and investors will make mark-to-market capital gains on them.'
These funds at times invest in companies going through corporate restructuring, such as mergers, demergers, or buybacks.
'Historically, the lead-up to a general election tends to be excessively volatile and big losses are perfectly possible.'
One common mistake investors commit during profit booking is not having a plan for the redeployment of the money that comes into their account.
The demand for flexible office space is emerging as India's top short-term portfolio strategy, as 47 per cent of companies want to increase its use over the next 12 months, according to a survey by property consultant CBRE. Flexible office space is a workspace designed to provide employees with a variety of different places and ways to work. These spaces can be easily modified to fit the needs of any new project or role.
A lot depends upon the crucial decision-making skills of the management. If you have any doubts about the management then you always have the choice of selling your shares or not buying stocks of those companies at all.
'At the policy's maturity, the total premium is refunded.'
Automotive (auto) major Mahindra & Mahindra (M&M), which is readying to launch nine sport utility vehicles (internal combustion engine/ICE), seven Born Electric Vehicles (BEVs), and seven light commercial vehicles by 2030, has outlined an investment of Rs 27,000 crore in its auto business between 2024-25 (FY25) and 2026-27 (FY27). Over the next three years, the company will deploy Rs 37,000 crore, including its auto business, farm business (Rs 5,000 crore), and service business (Rs 5,000 crore).
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
Sidhu told Gandhi that he is working hard and will work harder now, and that he will join his duty as Punjab Congress president, Rawat said.
Enter multi-cap funds only if you can stay invested for the long term.
High dividend yield stocks usually perform well in a rising interest rate environment when investors value cash flows more.
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
'The government has put in a lot of effort to provide infrastructure for the industry.'
Equity mutual fund (MF) schemes have raked in Rs 46,200 crore in net lump-sum inflows in the past six months (ended February 2024), almost thrice the inflow in the previous six-month period.
rediffGURU Kirtan A Shah answers your personal finance queries.
'No human bias is involved as happens in active funds.'
The rally in silver may continue if the global economic recovery remains on course.
rediffGURU Ulhas Joshi answers readers' mutual fund queries
He said with a view to releasing a white paper on the state's finances, the cabinet has asked the officials to furnish information on the expenditure made by the previous government from 2014 to December 7, 2023 on all departments in the state government and the purposes for which the expenditure was incurred.
Prasanna D Zore/Rediff.com brings you the latest drama surrounding government formation in Maharashtra.
'The government has put in a lot of effort to provide infrastructure for the industry.'
'Investing in a factor-based fund can be beneficial provided you have chosen the right factor.'
Incidentally, after the rebellion in June last year led to Shinde becoming chief minister, one of the reasons they gave for breaking away from Uddhav Thackeray was the dominance of the NCP in the Maha Vikas Agahdi government.
Fund houses are exploring ways to differentiate themselves in the hybrid space. A relatively unknown hybrid fund variant, Balanced Hybrid, is about to see its first launch since the introduction of mutual fund (MF) scheme categorisation norms in 2017. WhiteOak Capital MF has filed papers with the regulator for this scheme, which comes amid increasing interest in the hybrid space. MFs anticipate that hybrids will become the preferred category for investors with a lower risk appetite following changes in debt fund taxation.
The improving outlook for the power sector has caught the interest of dividend yield funds. In the first four months of the current financial year (2023-24, or FY24), five of the six largest dividend yield funds have shown a notable increase in their exposure to stocks within the power sector. Some have even introduced new stocks to their portfolios.
Global funds, according to Christopher Wood, global head of equity strategy at Jefferies, are now beginning to pay more attention to India with the market now offering 30 companies with a market capitalisation over $25 billion.
rediffGURU Ramalingam Kalirajan answers your personal finance queries.
Mutual funds focused on small-caps have emerged as the winner with a net inflow of close to Rs 11,000 crore in April-June quarter, as fund managers struggle to create alpha in the large-cap space, and the trend is expected to continue for some time. On the other hand, large-cap space, which is yet to pick up momentum, witnessed an outflow of Rs 3,360 crore during the quarter under review, data from the Association of Mutual Funds in India (Amfi) showed. Apart from the June quarter, small-cap funds logged an inflow of Rs 6,932 crore in three months that ended in March.
G Murlidhar, MD and CEO, Kotak Mahindra Life Insurance Company explains how to make smart financial decisions for better gains.
