Posts in category Economic Times
Stock market update: Nifty Realty index falls 1.09% (15-04-2024)
The Nifty Realty index closed 1.09 per cent down at 942.05.
Hindustan Aeronautics, Vedanta among 6 stocks that hit new 52-week highs on Monday (15-04-2024)
Indian shares fell on Monday as investors sold riskier assets after Iran's retaliatory attack on Israel.
Mutual funds buy 19.71 crore shares of ITC in March (15-04-2024)
Fund houses together owned 140.91 crore shares of ITC as of March-end. In value terms, the ITC shares worth Rs 11,120 crore were bought by MFs taking the total value of these shares to Rs 60,360 crore.
Aditya Arora is bullish on Thermax and ONGC. Here’s why (15-04-2024)
Aditya Arora provides insights on stock recommendations, including ONGC and Thermax. He also advises on Senco Gold's strong performance, the bullish outlook on the metals pack, trading opportunities in Vodafone, and key levels for Nifty and Bank Nifty. Arora says: "The metal index is trading at 9002 odd levels. I still think it is a buy; the upside which I see is 9500 to 9600."
Hong Kong gives initial approval to first bitcoin, ether spot ETFs, say funds (15-04-2024)
Hong Kong conditionally approved its first spot bitcoin and ether exchange traded funds (ETFs) on Monday, money managers said, paving the way for the city to become Asia's first to accept the cryptocurrencies as a mainstream investment tool.
What’s next for oil? Analysts weigh in after Iran’s attack (15-04-2024)
Citigroup Inc.’s base case is for tensions to remain “extremely high” in the Middle East, underpinning prices. That’s prompted the bank to raise its short-term price forecasts, with the three-month target for West Texas Intermediate increased by $8 a barrel.
20- 25% growth is there for the taking for many years to come: Anand Rathi Wealth CEO (15-04-2024)
Rakesh Rawal foresees sustained 20-25% growth at Anand Rathi Wealth, driven by market conditions. Strategies focus on early success to meet targets, ensuring organizational happiness for increased target achievement probability. Rawal says: "The industry is very well poised. There is no reason to believe that there should be moderation. The opportunities are massive and every company should endeavour to do very significant growth this year as well."
Sebi to auction 22 properties of Rose Valley Group on May 20 to recover investors’ money (15-04-2024)
A committee would oversee sale of the assets and the money will be utilized for repaying the investors. The committee was formed following an order passed by Calcutta High Court in May 2015.
Vodafone Idea FPO: 5 things to know about India’s largest Rs 18,000 crore FPO (15-04-2024)
Vodafone Idea owes over Rs 2 lakh crore debt to the government, with a large part of it under moratorium until 1HFY26. Post the equity fund-raise, govt shareholding will fall to 24% from 32%.
Higher Mudra loans to help MSMEs and small ticket loan seekers: FM (15-04-2024)
Nirmala Sitharaman focuses on simplifying corporate compliances, MSME-related laws, and increasing Mudra loans value to support business expansion and modernization. The initiative aims to provide liquidity and empower small loan seekers for growth and technological advancement.