In the world of technical analysis, a golden crossover is a bullish chart pattern that occurs when a stock’s shorter-term moving average (usually the 50-day) crosses above its longer-term moving average (usually the 200-day). This is often seen as a sign that the stock’s momentum is turning positive and that it could be poised for …
India’s financial sector is diverse, experiencing rapid growth with both existing firms and new entrants. It includes commercial banks, insurance companies, non-banking financial companies, co-operatives, pension funds, mutual funds, and smaller entities. Recent regulatory changes have introduced payment banks, broadening the sector’s scope. Despite this, commercial banks remain dominant, holding over 64% of the total …
An institutional investor is an investor who invests money on behalf of others. Institutional investors include pension funds, mutual funds, insurance companies, hedge funds, and sovereign wealth funds. These institutional investors are further classified as Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) are two of the most important players in the Indian stock …
One of the country’s largest private sector banks and top housing finance company has successfully brought their board members on board for an all-stock amalgamation on Monday, 4 April 2022. Thus, soon HDFC Bank Limited will be taking over HDFC Limited. Stick to this piece to learn more about the mega-merger of these twins! A Closer Look into …
Infosys (Current Market Price – Rs. 1,875.80) Infosys is the 2nd largest IT firm in the country regarding market cap. The company reported a rise in its consolidated net profit at 7.2% QoQ for the quarter ended December 2021. As a result, it reached Rs. 5,809 crores after the closing hours on 12 January. Moreover, …
Wednesday, i.e. 12 January 2022, witnessed a new record as the market capitalization of firms listed on BSE rallied over Rs. 277.22 lakh crore. Resultantly, the investors’ wealth also rose by Rs. 6,08,024.55 crores in just 4 days. Moreover, this BSE benchmark rallied for the fourth session consecutively to jump 533.15 points or 0.88% and …
Gold has been a trusted investment for centuries in India. In times of economic uncertainty, investors often turn to this precious metal for stability and value retention. Gold Exchange Traded Funds (ETFs) are a modern and convenient avenue for investing in the yellow metal. In this article, check the best gold ETFs in 2024. What …
Embarking on the journey of stock investing doesn’t always require deep pockets. Even with a budget-friendly approach, there are several opportunities. One of those are the best stocks under ₹100. These stocks may showcase growth potential, making them appealing choices. In this article, learn about the best stocks under ₹100 in 2024, along with the …
On Tuesday, January 11, 2022, Vodafone Idea made a regulatory filing in which they mentioned the board of directors’ approval to convert the whole amount of AGR dues and interest on spectrum installments into equity. Pursuant to such conversion, the Government of India will hold the stakes in Vodafone Idea. However, the operations will remain …
Listed companies in India often undertake corporate actions such as issuing bonus shares and stock splits. Both these steps increase the number of shares in the market while reducing the shares’ prices. As 2022 begins, these listed companies will likely announce bonus shares and stock splits in the next few weeks. SBC Exports, IPCA Laboratories …
