Posts tagged All News
The case for direct investing in private markets (21-07-2024)
The performance clock starts ticking when the investment takes place rather than when the capital is committed. Secondly, investors retain full discretion on which sectors, companies and deals to participate in and at what stages of investing
Budget, earnings, global trends to drive stock markets this week: Analysts (21-07-2024)
The outcome of the Union Budget, quarterly earnings from corporates and global trends are the major factors to drive stock market sentiments this week, analysts said.
Besides, the trading activity of foreign investors, the rupee-dollar trend and the movement of global oil benchmark Brent crude are also crucial aspects to watch out for.
"The upcoming Union Budget on July 23, 2024, has become the next focal point for the market, with high expectations for growth-oriented policies. Several factors will influence the market direction, including Q1 FY25 earnings, domestic and global economic data, and broader global market trends.
"Market sentiment will be closely monitored by observing foreign and domestic institutional investor activity (FII and DII) and crude oil prices," said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd.
Among blue-chip firms Bajaj Finance, Hindustan Unilever, Axis Bank, Bajaj Finserv, Larsen & Toubro, DLF, Tech Mahindra and Nestle will announce .
ETMarkets Smart Talk: D-St could be pencilling in some added populist measures in this Budget 2024: Jaspreet Singh Arora (21-07-2024)
The budget may look at adding some populist measures which address unemployment and rural stress. This is considering four state elections coming up in the next one year
FPIs invest Rs 30,772 cr in equities in July so far on sustained growth (21-07-2024)
Foreign investors injected Rs 30,772 crore into Indian equities so far this month, driven by hopes of continued policy reforms, sustained economic growth and a better-than-expected earnings season.
Additionally, the anticipation of a reform-oriented budget has also lifted investor sentiment, Himanshu Srivastava, Associate Director - Manager Research at Morningstar Investment Research India, said.
Going forward, if the recent trend of weakness in dollar and bond yields persists, FPIs are likely to continue their buying in the market, VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.
Domestic and foreign investors are keenly watching for possible tweaks in the long-term capital gains tax in the Budget to be presented on July 23, he added.
According to the data with the depositories, Foreign Portfolio Investors (FPIs) have made a net inflow of Rs 30,772 crore in equities this month (till July 19).
This came following an inflow of Rs 26,565 crore in equitie
Piramal Enterprises Ltd (21-07-2024)
having been invested in the company since 2010… I strongly opine that one of their erstwhile senior mgmt leaders with a rhyming name and a big mouth conned AP… and this led to serious value destruction…
Mcap of 8 of top-10 most valued firms jumps Rs 2.1 trn; TCS, LIC sparkle (21-07-2024)
The combined market valuation of eight of the top-10 most valued firms jumped Rs 2,10,330.26 crore in a holiday-shorted last week, with Tata Consultancy Services (TCS) and Life Insurance Corporation of India emerging as the biggest gainers.
Last week, the BSE benchmark climbed 85.31 points or 0.10 per cent. The 30-share BSE Sensex hit its new all-time high of 81,587.76 on Friday.
Stock markets were closed on Wednesday on account of Muharram.
From the top-10 group, the valuation of TCS zoomed Rs 42,639.16 crore to Rs 15,56,772.61 crore.
The market capitalisation (mcap) of Life Insurance Corporation of India (LIC) surged Rs 36,748.23 crore to Rs 7,01,695.24 crore.
Infosys added Rs 33,569.16 crore, taking its valuation to Rs 7,44,396.43 crore, while State Bank of India's mcap climbed Rs 26,372.23 crore to Rs 7,93,576.49 crore.
Hindustan Unilever's mcap soared Rs 24,494.49 crore to Rs 6,40,651.30 crore, and that of ITC jumped Rs 19,420.52 crore to Rs 5,92,679.30 crore.
The market ..
Air pollution crisis: Congress blasts Modi govt’s policy, demands Budget action (21-07-2024)
The Congress accused the Modi government of "poor policy-making" in handling air pollution and demanded the upcoming Union Budget allocate significant resources to address this health crisis. They highlighted underfunding and mismanagement in the National Clean Air Program and called for a revamp of air pollution laws and stricter enforcement of emission norms.
F&O Talk | Markets to rise despite minor corrections, deploy Calendar Spread in Nifty for Budget day gains: Madhu Bansal of The Finberg (21-07-2024)
The support level that you can see in Kotak Bank right now is somewhere at 1,800 level and you can see a potential up in Kotak Bank. Today also, it tried to come near the 1800 point, but it has recovered