Amid wild swings in Nifty Prashant Jain's has some wise words for investors
Fri, Feb 25, 2022 11:20 AM

Amid wild swings in Nifty Prashant Jain's has some wise words for investors

Celebrity fund manager Prashant Jain on Friday maintained that this is not the right time to be over-optimistic on the stock market as the real risks are unknown. He has warned the investors, saying that they should stay cautious, have moderate return expectations, and invest for a long-term horizon.

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Did you book your Rs. 200 profit? 💰
Fri, Feb 25, 2022 11:20 AM

Did you book your Rs. 200 profit? 💰

Have you traded from flipitmoney yet? If not, start trading & win up to Rs. 200 on your first trade. Steps: ✅ Click on the trade button while reading news & trade the stock on the go! ✅ Or go to the advice section, find recommendations from the top brokers in India and trade! Once you complete your first trade click on the trophy icon & redeem your cash reward! What are you waiting for?

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Adani Wilmar surges on Friday on sunflower oil shortage worries in India
Fri, Feb 25, 2022 11:16 AM

Adani Wilmar surges on Friday on sunflower oil shortage worries in India

Adani Wilmar stocks gained on Friday amid sunflower oil supply worries. The Russian military operation in Ukraine is expected to impact sunflower oil imports from Ukraine and lead to an immediate rise in sunflower oil prices. Reports suggest, India has not received any sunflower oil shipments from Ukraine in February so far, which usually ships about 1.5-2 million tonnes of sunflower seeds.

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owing to a market rebound, Investors' wealth jumps over Rs 7 lakh crore
Fri, Feb 25, 2022 11:13 AM

owing to a market rebound, Investors' wealth jumps over Rs 7 lakh crore

The wealth of Investors shot up by more than Rs 7 lakh crore in the first hour of trading on Friday, owing to the broader market's clawing back of some of its lost ground, a day after Russia's attack on Ukraine roiled investor sentiments. The market capitalization stood at Rs 2,42,24,179.79 crore on Thursday.

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Renaissance Global on acquisition of assets of Four Mine; zooms 5%
Fri, Feb 25, 2022 11:12 AM

Renaissance Global on acquisition of assets of Four Mine; zooms 5%

Renaissance Global Ltd, a global jewellery player, has acquired the assets of Four Mine Inc. through its wholly-owned subsidiary Renaissance FMI Inc. Four Mine Inc. specializes in the sale of branded lab-grown diamond engagement rings & this transaction will give Renaissance a strong foothold in this space, apart from improving the operating margin of the business through supply chain efficiency

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Dr Reddy’s gains as it confirms acquisition of German cannabis wholesaler
Fri, Feb 25, 2022 11:09 AM

Dr Reddy’s gains as it confirms acquisition of German cannabis wholesaler

Dr. Reddy’s Laboratories stocks gained on Friday after it signed a definitive agreement to acquire Nimbus Health GmbH. the latter is a privately owned and licensed pharmaceutical wholesaler from Germany that primarily targets medical cannabis in Germany. Nimbus was founded in 2018 and is among the top companies for medical cannabis in Germany.

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Gayatri Projects gives LoI of Rs303.1 to Hazoor Multi Projects
Fri, Feb 25, 2022 11:06 AM

Gayatri Projects gives LoI of Rs303.1 to Hazoor Multi Projects

Gayatri Projects has given a letter of intent (LoI) worth Rs303.14 crore to Hazoor Multi Projects Limited. The project is for completion of balance work of Chainage Km.521.600 to 532.094-Section Village Dhotre to Village Derde Karhale in district Ahmednagar (Assigned Work), which includes all COS issued by the authority.

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Amid supply fears, Palladium hits 6-month acme
Fri, Feb 25, 2022 11:02 AM

Amid supply fears, Palladium hits 6-month acme

Precious metals have witnessed huge fluctuations owing to the geopolitical instability the world is going through. Palladium has touched a six-month high since August 2021. Palladium spiked on February 23 on fears of a hit to supply from top producer Russia, while gold firmed up above the $1,900 level as Ukraine declared a state of emergency.

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🔎What should investors do with Vedanta shares after rating upgrade❓
Fri, Feb 25, 2022 10:58 AM

🔎What should investors do with Vedanta shares after rating upgrade❓

✅Vedanta stocks gained on Friday after the Company's Board declared the record date for the 3rd interim dividend and Crisil upgraded its long-term rating to 'CRISIL AA' from 'CRISIL AA-' 🔔Sumeet Bagadia, Choice Broking advises positional investors to take a fresh position at around ₹345 to ₹350 levels maintaining stop loss at ₹335 apiece levels. He suggested a short term target of ₹375.

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Aditya Suresh of  Macquarie thinks India is no longer a blanket buy anymore
Fri, Feb 25, 2022 10:56 AM

Aditya Suresh of Macquarie thinks India is no longer a blanket buy anymore

Aditya Suresh, head of research and strategy at Macquarie Securities India, believes respite to the ongoing selling pressure from foreign institutional investors (FIIs) for the Indian stock market is not coming anytime soon, as the country’s valuations are steep. He thinks that “India is not a blanket buy anymore as there is a lot of earnings risk and valuations are steep”.

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UTI Regular Savings Fund's
Fri, Feb 25, 2022 10:52 AM

UTI Regular Savings Fund's

UTI Mutual Fund has set 02 March 2022 as the record date for declaration of Income Distribution cum capital withdrawal (IDCW) under Regular Plan-Monthly IDCW Option and Direct Plan-Monthly IDCW Option of UTI Regular Savings Fund. The quantum of dividend is set at Rs 0.0800 per unit or 0.80% on the face value of Rs 10 per unit.

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📊Check out the market pulse at 10:30 AM today👉
Fri, Feb 25, 2022 10:50 AM

📊Check out the market pulse at 10:30 AM today👉

✅ Amid bullish global cues, domestic benchmark indices zoomed about 2.5% at 10:30 AM today. ✅ Nifty Metal, Media, PSU Bank, and Realty stocks have surged about 5%, while Banking & Financial Services and Auto stocks are also trading over 3% higher. ✅Tata Motors, Adani Ports, Tata Steel are some of the top gainers while Britannia, Nestle India, and HUL appeared as top losers.

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Macquarie Securities: India is no longer a blanket buy anymore!
Fri, Feb 25, 2022 10:45 AM

Macquarie Securities: India is no longer a blanket buy anymore!

As per Aditya Suresh, head of research & strategy at Macquarie Securities, despite the ongoing selling pressure from foreign institutional investors for the Indian stock market may not be forthcoming anytime soon as the country’s valuations are steep. Investors currently expect Nifty 50 earnings to grow 19 percent in 2022-23 and more than 30 percent in the current financial year.

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Linde India stocks zooms on Friday after robust Q3 performance
Fri, Feb 25, 2022 10:43 AM

Linde India stocks zooms on Friday after robust Q3 performance

Linde India stocks surged on Friday as the industrial gas supplier's profit after tax improved 19.42 per cent to Rs 67.83 crore in Q3 FY22 from Rs 56.80 crore during the same period a year ago. In the mentioned quarter of FY22, the company’s sales increased 35.49 per cent to Rs 644.15 crore as against Rs 475.43 crore during the previous quarter of FY21.

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Income Distribution/Capital Withdrawal  Announced by ICICI Prudential MF
Fri, Feb 25, 2022 10:42 AM

Income Distribution/Capital Withdrawal Announced by ICICI Prudential MF

ICICI Prudential Mutual Fund dubbed 02 March 2022 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under some of its schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit is touted to be: ICICI Prudential Thematic Advantage Fund (FOF): Regular Plan - IDCW: 11.50 To find out the IDCW for other schemes,

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