Bank lending in India slowed in the June quarter compared to the same period last year. This likely reflects a cautious approach by businesses in the lead-up to the national elections. Data from the Centre for Monitoring Indian Economy (CMIE) recorded incremental loan growth for the fiscal year up to June 14th stood at Rs …
The Adani Group is betting a massive $9 billion on becoming a global leader in green hydrogen production. This ambitious plan, crucial to the company’s future and India’s clean energy transition, aims to establish Adani as a major exporter of the world’s cheapest green hydrogen. Key Points Investment and Capacity: Adani will invest $9 billion …
The Securities and Exchange Board of India (SEBI) recently proposed a new measure to enhance mutual fund transparency: mandatory disclosure of the information ratio (IR). This aims to give investors a clearer perspective on fund performance, but some experts worry it might create information overload for retail investors. The Information Ratio: Beyond Outperformance The IR …
On Friday, benchmark indices concluded the last trading day of the week on a mixed note. The market cap of BSE-listed companies hit a record high of Rs 450 lakh crore, with Reliance Industries surging to a record high amid reports related to Jio’s IPO. The Sensex declined by 0.07% and closed below the 80,000 …
During Friday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Yes Bank Ltd Yes Bank Ltd is showing strong momentum today, currently trading at Rs 26.67, up 11.36% from its previous close of Rs 23.95. The stock has a high of Rs 27.04, …
Indian benchmark indices have kicked off the fresh week on a buoyant note with Nifty and Sensex trading up by 0.38% and 0.43%, respectively. The broader markets are also witnessing buying interest in the early deals with Nifty Midcap and Nifty Smallcap, trading higher by 0.38% and 0.29%, respectively. Talking about airline stocks, they have …
The scrip is currently trading above its 200-day Exponential Moving Average (EMA) by bouncing from the same, suggesting a potential investment opportunity due to impressive fundamentals. The stock boasts a Piotroski score of 9 and a G factor of 4, with an 18.02% decline from its all-time high. Analysing the chart, it’s evident that the …
Hidden gems: Low debt and attractive valuation stock to keep on your watchlist! In the stock market, small-cap companies often emerge as hidden gems, offering unique investment opportunities. Here, we delve into the financial prowess of five such companies, each with a market capitalisation below Rs 1,000 crore, debt-to-equity ratios under 0.5, price-to-earnings ratios below …
After a week of gains of more than 2%, the market continued to be “happy” in the new year, with purchases across the board fueled by power and real estate sectors, as well as mid-cap companies. As of Friday, the Sensex was at 61,223.03 points and the Nifty was at 18,255.8 points, respectively. By comparison, …
Despite struggling in the early trades, Indian headline indices experienced a closing rally and eventually rose strongly as a result of significant gains in the FMCG and banking sectors. The BSE Sensex soared 0.71% to 67,571 level at the close. The Nifty 50 index climbed 0.74% to a level of 19,979. Rail Vikas Nigam Ltd, …
