Elevated mid, small-cap valuation led Sebi to act 
Fri, Mar 1, 2024 9:50 AM

Elevated mid, small-cap valuation led Sebi to act 

The Securities and Exchange Board of India’s (Sebi’s) recent nudge to the mutual fund industry body, the Association of Mutual Fund in India (Amfi), to sensitise fund houses to be cautious about mid and small-cap schemes comes at a time when stocks in both these segment have been rising steadily and valuations have also gone up significantly.

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RIL-Viacom18-Disney JV to add Rs 40 per share to Reliance’s value
Fri, Mar 1, 2024 9:45 AM

RIL-Viacom18-Disney JV to add Rs 40 per share to Reliance’s value

Reliance Industries shares gained up to 1.7% to Rs 2,958 in intraday trades before settling at Rs 2,930 (up 0.72%) on Thursday. On Wednesday, the company informed the exchanges that it had signed an $8.5 billion deal to form a joint venture with Disney to combine their media businesses. The benchmark Sensex and Nifty were up to 0.27% and 0.14%, respectively, on Thursday.

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Market not in a bubble says Ray Dalio, Magnificent Seven frothy!
Fri, Mar 1, 2024 9:45 AM

Market not in a bubble says Ray Dalio, Magnificent Seven frothy!

Sharing his "bubble gauge" about the current market trends, Bridgewater Associates founder Ray Dalio has in a LinkedIn post titled 'Are We in a Stock Market Bubble?', determined that we are not.Dalio harked back to his over 50 years of experience in investing and said he used this expertise to identify what makes a bubble and whether the current conditions qualify for market trends.

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Delhi LG objects to delay in finalisation of lease deeds for flats!
Fri, Mar 1, 2024 9:44 AM

Delhi LG objects to delay in finalisation of lease deeds for flats!

Representative ImageNEW DELHI: Delhi Lt Governor V K Saxena has expressed concern over the delay of more than two decades in the finalisation of lease deeds for the allotment of flats to Rajiv Gandhi Housing Scheme beneficiaries, Raj Niwas officials said on Thursday. Saxena also paved the way for the execution of lease deeds for flat allotment under various schemes at Bawana and Narela in north.

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Ind-Ra maintains neutral outlook on banking!
Fri, Mar 1, 2024 9:40 AM

Ind-Ra maintains neutral outlook on banking!

Mumbai: Fitch Group company India Ratings & Research (Ind-Ra) on Thursday said that it has maintained a neutral outlook on the banking sector, with lenders likely to face challenges in mobilizing deposits while ensuring a minimal impact on margins. The lagging deposit growth will be the key theme for banks in FY25 as this has resulted in loan to deposit ratio increasing above 80%.

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Lenders push to stay ahead of the curve in climate financing
Fri, Mar 1, 2024 9:35 AM

Lenders push to stay ahead of the curve in climate financing

Mumbai: Several banks including State Bank of India, Axis Bank, ICICI Bank and HDFC Bank have taken the lead in funding green projects even as the Reserve Bank of India comes up with norms for lenders to disclose their actions on climate risk.RBI has given a glide path for adopting detailed disclosures from FY25 onwards. The central bank sees a need for a better, consistent and comparable discl...

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Big movers on D-Street: What should investors do with Infosys?
Fri, Mar 1, 2024 9:30 AM

Big movers on D-Street: What should investors do with Infosys?

Benchmark indices closed with gains on Thursday in a highly volatile trade. The 30-share Sensex rebounded 195 points to settle at 72,500 and the broader Nifty gained 31 points to close at 21,982. Stocks that were in focus included names like Infosys, which rose 0.16%, Shriram Finance, which jumped 3.8%, and Hindustan Copper, whose shares increased 6.44% on Thursday.

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📢 Benchmark indices open on a positive note today; Nifty above 22,100
Fri, Mar 1, 2024 9:28 AM

📢 Benchmark indices open on a positive note today; Nifty above 22,100

📊 Amid positive global cues, benchmark indices started on a positive note today. 📢 At 9:16 AM, the Sensex gained 398.76 points or 0.55% at 72,899.06. Nifty is higher by 139.05 points or 0.63% at 22,121.85. 📈 SAIL (⬆️3.88%), IOC(⬆️2.33%) and Hindalco (⬆️2.36%) appeared as the top performers on the Nifty50 at the open. Berger Paints, Apollo Hospital, and Vedanta stocks are in focus today.

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Bank Nifty monthly and quarterly F&O contracts to expire on Wednesday!
Fri, Mar 1, 2024 9:25 AM

Bank Nifty monthly and quarterly F&O contracts to expire on Wednesday!

The Bank Nifty monthly and quarterly contracts beginning today (March 1) will expire on the last Wednesday of the expiry month instead of Thursdays. The National Stock Exchange (NSE) in December had revised the expiry day of Nifty Bank's monthly and quarterly contract cycle which is set to be applicable from March 01, 2024.With this revision, all contracts of Bank Nifty - weekly, and monthly.

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HFT Scan: Jaiprakash Associates, Rico Auto in focus of algo traders
Fri, Mar 1, 2024 9:25 AM

HFT Scan: Jaiprakash Associates, Rico Auto in focus of algo traders

High-frequency trading was seen in Jaiprakash Associates, Rico Auto Industries, and Rajshree Polypack on February 29. Rajshree Polypack scaled a 52-week high on hectic trading. High-frequency trading firms (HTFs) – or algo firms on steroids –use complex algorithms and powerful computers to execute trades at lightning speeds. These firms typically try to capture the spread between the spot.

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AMFI asks fund houses to disclose more on mid- & small-cap portfolios
Fri, Mar 1, 2024 9:20 AM

AMFI asks fund houses to disclose more on mid- & small-cap portfolios

Mumbai: Mutual funds along with market regulator Sebi has decided to disclose more information related to small- and mid- cap equity schemes' portfolio risk to investors.Industry body Association of Mutual Funds in India(AMFI) along with Sebi has enhanced the risk metrics and asked fund houses to disclose the result of stress test and liquidity, volatility, valuation and portfolio turnover.

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Boeing agrees to $51 million settlement for US export violations!
Fri, Mar 1, 2024 9:15 AM

Boeing agrees to $51 million settlement for US export violations!

Boeing said on Thursday it had reached a $51 million settlement with the U.S. State Department for numerous export violations including Chinese employees in China improperly downloading documents related to U.S. Defense Department programs.The State Department said from 2013 through 2017 three Chinese employees at Boeing facilities in China downloaded technical data involving programs.

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RBI tweaks BBPS norms to widen participation!
Fri, Mar 1, 2024 9:10 AM

RBI tweaks BBPS norms to widen participation!

Mumbai: The Reserve Bank of India (RBI) has streamlined the Bharat Bill Payment System (BBPS) in an attempt to enable greater participation and enhance customer protection in line with its announcement in June 2023.The new guidelines say that commercial and cooperative banks, non-bank payment aggregators and entities authorised as Bharat Bill Payment Operating Units (BBPOUs) can participate.

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Buy or sell: Vaishali Parekh recommends three stocks to buy today~!
Fri, Mar 1, 2024 9:05 AM

Buy or sell: Vaishali Parekh recommends three stocks to buy today~!

Buy or sell stocks for today: Aided by monthly F&O expiry and MSCI rebalancing volumes, the Indian stock market witnessed sharp upside movement in the last 30 minutes of the Thursday session. The Nifty 50 index ended 31 points higher at 21,982 level, the BSE Sensex went up 195 points and closed at 72,500 mark whereas the Bank Nifty index scaled 157 points north and ended at 46,120 level.

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Check out these Buzzing stocks for today!
Fri, Mar 1, 2024 8:56 AM

Check out these Buzzing stocks for today!

📌Adani Enterprises has divested its 100 percent stake in subsidiaries and Developers for Rs 150.81 crore. 📌Godrej Industries has increased its stake in subsidiary Godrej Capital to 89.48 percent. 📌ICICI Bank has purchased an additional 25,14,365 equity shares. 📌Subsidiary TVS Motor (Singapore) Pte Ltd. has paid 2 million euros and initiated the acquisition of 8,000 equity shares.

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