With nearly a week left for the first vote to be cast for the 18th Lok Sabha, an ETMarkets analysis shows that five PSU stocks delivered 5-15 times returns in the last 10 years of the Modi government. Bharat Electronics Limited (BEL) tops the chart, with nearly 16 times returns followed by ITI with 15.5…
READ MOREHigher inflation print in March could throw a spanner on the Fed’s plan for an early rate cut, Kotak Mahindra Bank’s Founder & Director Uday Kotak said on Thursday warning of “global turbulence”. The billionaire business expects higher for longer rate regime worldwide including India and called China the only “wild card”. “US inflation is…
READ MOREOf late, a question being asked is whether the Dalal Steet is moving ahead of the Wall Street in terms of market infrastructure and whether the move is too fast. Some of the recent changes and proposed changes in our capital markets include movement towards T+1, now T+0, and secondary market ASBA. Such questions make…
READ MORESynopsis After almost a period of a month and half, the mid-cap stocks have been trying to make a comeback.If one looks at the March data for the mutual funds, it is clear that while there has been a decline in the flows going to mid-cap schemes, but it is no where to extent which…
READ MOREJapan’s Nikkei share average fell on Thursday as a sharp spike in bond yields weighed on tech and real estate shares, but escaped deeper losses as a rally for banks, which benefit from higher borrowing costs, picked up pace. The Nikkei closed down 0.35% to 39,442.63. The index dipped as low as 39,065.31 earlier, threatening…
READ MOREApplying a fresh coat of paint can breathe new life into a tired room, giving it a contemporary and revitalised feel. This is particularly evident in the dining room where the choice of paint colour can significantly impact the ambience. Whether you prefer soothing tones for intimate family gatherings or vibrant shades for lively entertainment,…
READ MOREAvendus Capital, an investment banking franchise, launched a thought paper on the deal flow and profitability potential that NBFCs (Non-Banking Financial Companies) in the MSME (Micro, Small and Medium Enterprises) lending space present on Monday. According to the study, there exists a whitespace in the form of over $120 billion funding deficit in the small…
READ MOREThe yen’s fresh slide to a 34-year low complicates the Bank of Japan’s deliberations on the timing of a next interest rate hike, as a resulting rise in import costs pushes up inflation but also hurts already weak consumption and the broader economy. If that weakness persists and discourages small firms from hiking pay, the…
READ MORESYDNEY – Asian shares tracked Wall Street lower on Thursday as sticky U.S. inflation forced markets to slash bets on how much Federal Reserve easing might come this year, a result that sent the dollar flying to a 34-year high against the beleaguered yen. U.S. stock futures lost another 0.2% after Wall Street slid around…
READ MOREMumbai: India’s equity benchmarks notched new records on Wednesday with the Sensex closing above the 75,000-mark for the first time, continuing the bullish momentum. While the undertone remains bullish, analysts are advising caution in the near term as the market may have run up too soon. NSE’s Nifty rose 111.05 points, or 0.49%, to close…
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