MUMBAI – In the male-dominated wealth management industry, the female fraternity have not only managed to make their way but be equally competent and multiply investors’ wealth over the years. From being simple homemakers and doing small savings, many women have transformed themselves into money managers and are advising several high networth individuals today. The…
READ MOREWhile the most common advice for long-term investors on Dalal Street is to buy largecap bank stocks, FIIs have been selling financial stocks incessantly to the extent of nearly Rs 40,000 crore in just 2 months amid fears that the proverbial Goldilocks period could be over. After being net sellers in financial services to the…
READ MOREBollywood superstar Ajay Devgn, best known for blockbusters like Singham and Drishyam franchisees, has bought 1 lakh shares of a multibagger smallcap stock, Panorama Studios International, by participating in a preferential issue of shares of the film production house. Regulatory filings show Devgn’s name among 9 investors who invested a total of Rs 24.66 crore…
READ MOREAfter being net sellers to the tune of Rs 25,744 crore in January, foreign institutional investors (FIIs) poured in Rs 1,539 crore last month despite the US bond yields ruling high with the 10-year yield at around 4.25%. “FIIs may again turn sellers in some of the coming days. But they are unlikely to sell…
READ MOREThe investor base of the National Stock Exchange of India (NSE) crossed crore (90 million), underlining the enhanced participation of retail investors. The total number of client codes registered with the exchange stands at 16.9 crores (169 million). The unique investor registrations at NSE have seen an accelerating trend over the last few years. While…
READ MOREShares of Mukesh Ambani’s Jio Financial Services on Friday rallied up to 14.5% to a fresh peak of Rs 347 on BSE to cross the Rs 2 lakh crore market capitalisation mark for the first time. The stock has shot up 22% in the last one week and 50% in the last three months. Jio…
READ MOREAfter turning net sellers in January, foreign portfolio investors remained net sellers during the first fortnight in February, offloading Indian equities worth Rs 3,776 crore. With this, the net outflows in 2024 have risen to Rs 29,520 crore. The FPIs bought shares worth Rs 138 crore on Friday. In January, they sold shares worth Rs…
READ MOREShares of two-wheeler major TVS Motor Company crossed Rs 1 lakh crore market capitalisation on Friday as the stock jumped over 4% to hit its fresh 52-week high of Rs 2,186 on the NSE. At 11 am, the stock’s market capitalisation stood at Rs 1.03 lakh crore. The gains come on the back of a…
READ MOREAdding to the selling pressure on Sensex and Nifty, foreign institutional investors or FIIs have been net sellers on Dalal Street to the tune of Rs 28,819 crore so far in the calendar year 2024. However, on the other hand, dollar money has been flowing into debt with total buying so far nearing Rs 35,000…
READ MOREMumbai: GMR Airports (GAL), which operates aviation facilities in Delhi, Hyderabad and North Goa, raised ₹2,250 crore from finance companies and private credit investors last week, said people with knowledge of the matter. The funds were raised at 13.275% in the form of listed, unsecured, rated, non-convertible bonds for two years and ten months. GMR…
READ MORE