Stock to Watch: Adani Enterprises shares in spotlight after raising Rs 4,200 crore via QIP
Shares of Adani Enterprises are expected to remain in focus on Friday after the company successfully raised Rs 4,200 crore in a share sale to investors via a qualified institutional placement (QIP). The company has allocated 1.41 crore shares at an issue price of Rs 2,962 each. The transaction, which was initiated after market hours…
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New stock picks of top 10 mutual funds in September – Fresh faces
IRFC Share Price 149.12 03:59 PM | 17 Oct 2024 -1.64(-1.09%) Suzlon Energy Share Price 73.01 03:59 PM | 17 Oct 2024 -2.04(-2.72%) IREDA Share Price 217.71 03:59 PM | 17 Oct 2024 -3.41(-1.54%) Tata Motors Share Price 891.6 03:59 PM | 17 Oct 2024 -15.86(-1.75%) YES Bank Share Price 20.9 03:59 PM | 17…
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Are Indians really breaking bank deposits to buy mutual funds? Let’s run a statistical test
As the noise around whether Indian households are shifting savings away from low-cost bank deposits to higher-yielding mutual funds grows louder, a statistical exercise fails to show a clear correlation between the two. A time series analysis between mutual funds and bank deposits was conducted by Bank of Baroda economist Dipanwita Mazumdar using Granger causality…
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Suzlon Energy shares: Smart retail investors book profits as big boys buy
Retail investors, who are often ridiculed for buying at peak and selling in bear markets, played it smart this time. Suzlon Energy saw small investors book profits in the June quarter even as both the big boys – FIIs and mutual funds – bought. The shareholding of retail investors, who were early birds in the…
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The bar for PMS fund managers to please crorepati investors just got higher after Budget
The increase in capital gains tax in the Union Budget makes it tougher for PMS fund managers, who handle money for rich investors, to beat the good old mutual funds. While MFs themselves are not taxed when they churn portfolios, crorepati clients of PMS schemes are taxed, which can lead to inferior post-tax returns. With…
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To invest or not? Understanding sectoral and thematic mutual funds
Chasing trends always seems quite exciting, but what most people tend to be unaware of is the pitfalls of such behavior. An American novelist and poet Jack Kerohouac sums this up well when he says “Great things are not accomplished by those who yield to trends and fads and popular opinion”. When it comes to…
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Over 15 MF schemes slashed holdings in 6 stocks in June ’24. Do you own any? – Reducing Exposure
Indian Railway Finance Corporation Share Price 217.43 04:04 PM | 12 Jul 2024 11.46(5.56%) One97 Communications Share Price 465.95 04:04 PM | 12 Jul 2024 -14.31(-2.98%) YES Bank Share Price 25.6 03:59 PM | 12 Jul 2024 -0.23(-0.9%) ITC Share Price 459.05 04:04 PM | 12 Jul 2024 0.41(0.09%) HDFC Bank Share Price 1622.7 04:04…
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