BUSINESS
RBI monetary policy | D-Street experts cheer growth focus amid inflation scare
The MPC retained the repo rate at 4 percent while reducing the policy rate corridor to the pre-pandemic level of 50 basis points.
BUSINESS
RIL legacy business to drive earnings in 2022, led by higher refining margins
Optimism for the energy business is reflected in the 19-percent-plus increase in Reliance Industry's stock price through the past one month
BUSINESS
Metal stocks, ITC see buying in March amid $5.5-billion FPI exodus
Foreign investors net bought metal stocks and tobacco stocks worth more than $1 billion in March
BUSINESS
Paytm CEO Vijay Shekhar Sharma to claim ESOPs once stock back above IPO price
Paytm had granted ESOPs to Sharma for the first time since the founding of the company in September 2021.
BUSINESS
Are ONGC, Oil India worth a buy after 9-12% decline from peak?
The decline in the price of both stocks has been in keeping with the correction in global crude oil prices
BUSINESS
HDFC twins merger may not free up enough FPI headroom for stock's inclusion in MSCI indices
The announcement saw shares of both HDFC and HDFC Bank soar on the bourses.
BUSINESS
HDFC, HDFC Bank merger to create third-largest company in India
HDFC said that its shareholders will get 42 shares of HDFC Bank for every 25 shares of the non-banking lender held by them.
BUSINESS
Analysts advise caution even as FIIs pare short bets on Nifty 50
Foreign investors cut their short positions in the futures contract of the Nifty 50 index by 53,495 contracts from the beginning of the March derivative series.
BUSINESS
Buy energy, sell growth stocks if Ukraine conflict resolved: Christopher Wood of Jefferies
Christopher Wood, global equity strategist at Jefferies also highlighted the futility of the recent bounce in global technology stocks on receding concerns over the Russia-Ukraine crisis.
BUSINESS
Penny stocks — a magnet for retail investors and big gains amid market turmoil
Penny stocks, casually defined as stocks with a price of less than Rs 10, have been in dreamland compared to the rest of the market.
BUSINESS
Retail investors overlook valuations, trust past returns, to pump Rs 97,500 crore into markets
Domestic mutual funds have net bought stocks worth Rs 77,634 crore, while retail investors have directly invested 97,500 crore in the market since October, while foreign portfolio investors sell off equities worth Rs 1.5 lakh crore
BUSINESS
BlackRock holds neutral view on emerging markets, hinting that foreign money will keep dumping India
BlackRock’s outlook on emerging markets suggests foreign investors could dump expensive markets such as India for better bargains in markets like the US, Japan, Brazil and China
BUSINESS
Gautam Adani starts 2022 like 2021 – making more money than any other Indian
The only person to make more wealth than Gautam Adani so far in 2022, is the famed investor Warren Buffett.
BUSINESS
Why's volatility index India VIX flashing far less fear than before?
The India VIX index, a gauge of volatility in the stock market, has nosedived more than 33 percent after hitting multi-year highs on February 24.
BUSINESS
Select steel stocks rise on prospects of more price hikes, tight supply
Global commodity prices have surged in the past month owing to sanctions imposed on Russia by several advanced countries following its invasion of Ukraine.
BUSINESS
Brokers primed to pounce on crypto if digital asset is put on leash, says CEO of discount broker Espresso
The Indian government has been working on a cryptocurrency bill over the past year.
BUSINESS
HDFC MF’s investment chief Prashant Jain lightens positions on some PSU stocks
Out of the top five stocks held by Jain in the funds directly managed by him, the top three are state-owned enterprises.
BUSINESS
Waning influence of consumer goods stocks point to growth fears
While the near-term headwinds for the FMCG sector are many, zooming out of them suggests that the industry also faces several challenges in the long term.
BUSINESS
Paytm nosedives after payments bank barred from taking on customers
Brokerage firm Morgan Stanley downgrades Paytm to ‘equal-weight’ from ‘overweight’
BUSINESS
Citi says buy Nykaa as it backs company to nail lifestyle retail opportunity
The brokerage firm expects Nykaa’s revenues to grow 36 percent annually over the next five years driven by the BPC and online fashion business.
MARKETS
Consumer stocks will be a good bet over next 3-5 years: S Naren of ICICI Prudential AMC
The consumer economy will be a structural trend in India over the next 20-30 years, but more of a correction is expected in consumer-facing stocks in the near-term because of their rich valuations, Naren said.
BUSINESS
TCS buyback sees record participation, surpasses 2020's peak
TCS has offered to buy back up to 40 million shares of the company at a floor price of Rs 4,500 per share.
BUSINESS
BJP’s UP election lead gives investors momentary reprieve from macro risks
UP assembly elections are considered a bellwether for the general elections given that the state sends the highest number of Lok Sabha members during the parliamentary polls.
BUSINESS
Surging crude to reduce likely BJP win in Uttar Pradesh to a sideshow for investors
Moscow has warned that global crude prices could zoom to $300 per barrel, as the US bans Russian oil
