The fund house is betting big on exchange traded funds (ETF) and believes it has the strongest back-end to be the best in this space. In an interview with Mint, Swarup Mohanty, vice chairman & CEO, Mirae Asset Investment Managers (India) discussed upcoming RBI policy, GDP growth, changing risk profile of investors, plans in GIFT … Read more
There are two sides to investing, buying and selling. The most basic purpose of any investment is to make profits. Those profits are useful to you, only if you actually book them when you sell your investment. However, the danger with focusing too much on profit booking is that you don’t want to indulge so … Read more
According to data from primedatabase, as many as 104 SMEs (small and medium enterprises) have used BSE and the National Stock Exchange’s (NSE) SME platform to raise ₹3,405 crore in FY25 so far. This figure already surpasses half of the total funds raised by SMEs in FY24. Most of these IPOs are heavily oversubscribed, driven … Read more
Bank Nifty Trading Strategy Today: The Indian stock market indices, Sensex and Nifty 50 hit a life-time high on September 20 led by optimism over the supersized US Federal Reserve’s interest rate cut last week. On Friday, the Sensex surged 1,359.51 points, or 1.63%, to close at 84,544.31, while the Nifty 50 settled 375.15 points, … Read more
Dividend Stocks: Shares of several major companies, including Bajaj Healthcare Ltd, Bharat Dynamics Ltd, Ceigall India Ltd, Cochin Shipyard Ltd, Rail Vikas Nigam Ltd, La Opala RG Ltd, Gujarat Apollo Industries Ltd, Panorama Studios International Ltd, and Bajaj Holdings & Investment Ltd among others, will trade ex-dividend from Monday, September 23, according to data collected … Read more
Shree Tirupati Balajee Agro Trading Company Limited’s initial public offering (IPO), through a book-building process, opened for subscription on Thursday, September 5, and ended on Monday, September 9. The public offer was oversubscribed 68.98 times on the final day. Investors bid for 98.70 crore shares compared to the 1.43 crore shares available. The IPO shares … Read more
Dividend Stocks: Shares of several major companies, including Vedanta Ltd, Gujarat Gas, Harsha Engineering, Lumax Industries, MSTC, and General Insurance Corporation of India, among others, will trade ex-dividend from Monday, September 9, according to data collected from the Bombay Stock Exchange (BSE) website. As per the BSE data, some companies have announced other corporate actions … Read more
Multi Commodity Exchange of India (MCX) has witnessed a remarkable multibagger rally, with the stock climbing 198 percent in the last one year. So far in 2024, the stock has risen by 68 percent, giving positive returns in seven out of the nine months. In Septmeber, the stock added almost 4 percent, extending its gains … Read more
Bajaj Housing Finance Limited’s initial public offering (IPO) will open for subscription on September 9, 2024. The non-banking financial company (NBFC) seeks to raise ₹6,560 crore from the public issue. Bajaj Housing Finance Ltd. falls under the Reserve Bank of India’s (RBI)“Upper-layer” NBFC. To comply with RBI’s norms, NBFC’s in this layer have to be … Read more
As investors or potential investors in the equity market, you may have heard the term ‘bonus issue’ of shares. A bonus issue occurs when a company listed on a stock exchange decides to offer free additional shares to the existing shareholders. A company’s board of directors discusses and finalises the number of shares to be … Read more