Chennai, Nov 21 (SocialNews.XYZ) With people becoming risk averse and aware of alternatives and willing to take risks, the migration to equity and index schemes is the pattern that would emerge, said Bank of Baroda…
New Delhi, Nov 21 (SocialNews.XYZ) Fairfax-backed IIFL Finance Limited, which is one of India’s largest non-banking financial companies, said on Tuesday that leading rating agency CRISIL has upward revised its outlook to ‘Positive’ from ‘Stable’….
Mumbai, Nov 21 (SocialNews.XYZ) Nifty closed on a positive note, while most sectoral indices closed in the green on Tuesday. Nifty 50 closed 89 points, or 0.45 per cent, higher at 19,783.40 on Tuesday, while…
Mumbai, Nov 21 (SocialNews.XYZ) The rupee failed to recover in morning trade on Tuesday despite a weak dollar and was hovering at the previous day’s record low of 83.34 against the US greenback at 11.28…
New Delhi, Nov 21 (SocialNews.XYZ) The range bound movement of the market is likely to be broken with an upward move soon, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. The global cues…
New Delhi, Nov 19 (SocialNews.XYZ) The Diwali week continued bringing good tidings for investors and Dalal Street even after ‘Muhurat’ trading on Sunday the 12th of November. The week saw gains on two of the…
New Delhi, Nov 19 (SocialNews.XYZ) Market is expected to maintain its positive momentum in the short term, supported by declining oil prices and moderating US yields, says Vinod Nair, Head of Research at Geojit Financial…
New Delhi, Nov 18 (SocialNews.XYZ) Data and management commentaries across NBFC/banks suggest rising delinquencies in unsecured loans, especially in small ticket size personal loans (STPL), less than Rs 50,000, and loans sourced via FinTech partnership,…
New Delhi, Nov 17 (SocialNews.XYZ) Nifty PSU Bank and Nifty Bank fuelled pessimism in the market, which was down by 2.39 per cent and 1.31 per cent respectively. RBI’s decision to place a higher risk…
New Delhi, Nov 17 (SocialNews.XYZ) Shares of railway related companies are up 5-10 per cent on Friday. Titagarh Wagons is up more than 10 per cent at Rs 927 while Railtel is up more than…
New Delhi, Nov 17 (SocialNews.XYZ) TTK Prestige, IndusInd Bank, and The Ramco Cements saw substantial increase in pledged promoter holdings in the September quarter, as per Kotak Institutional Equities. Companies in which pledged promoter holdings…
Mumbai, Nov 17 (SocialNews.XYZ) Manappuram Finance fell close to 3 per cent in the morning trade on Friday after the RBI imposed a Rs 42.78 lakh fine on the NBFC for breach of norms and…
New Delhi, Nov 16 (SocialNews.XYZ) Mutual fund holdings beyond the top 500 stocks as percentage of market volumes of the top 500 stocks have now started surpassing 2018 highs, a report said. The curve had…
New Delhi, Nov 16 (SocialNews.XYZ) Rolls-Royce has announced that it welcomes Emirates’ order for 15 Trent XWB-84 powered A350-900s. This takes its total order for the Trent XWB family to 130 engines, which it will…
New Delhi, Nov 16 (SocialNews.XYZ) Morgan Stanley has given a BSE Sensex target of 74,000 implying upside potential of 14 per cent to December 2024. This level suggests that the BSE Sensex will trade at…
Mumbai, Nov 16 (SocialNews.XYZ) Nifty finished the day on a winning note, while most sectoral indices closed in the green. Following TCS’s announcement of buyback at Rs 4,150, Nifty IT surged by 2.69 per cent…
New Delhi, Nov 16 (SocialNews.XYZ) Morgan Stanley expects GDP and EPS growth to again beat expectations in Japan and India and miss in China and emerging markets (EM) in 2024. “We trim our MSCI EM…
New Delhi, Nov 16 (SocialNews.XYZ) BSE Sensex crossed the 66,000 mark on Thursday as the index moved up 400 points. BSE Sensex is trading above 66,000 points, NTPC leads the gains up by 2 per…
New Delhi, Nov 15 (SocialNews.XYZ) The Reserve Bank of India has on Wednesday in exercise of its powers under section 45L(1)(b) of the Reserve Bank of India Act, 1934, has directed Bajaj Finance Ltd. to…
Mumbai, Nov 15 (SocialNews.XYZ) With growing air travel during the festival season, the Chhatrapati Shivaji Maharaj International Airport (CSMIA) notched a new record of 1,032 Air Traffic Movements (ATMs) on a single-day on November 11,…