Synopsis Banks have been leading the correction but it is more due to technical reasons, which is the over ownership of FPI in this segment. But if things are improving on the fundamental side, which in majority is the case, then probably it is time to consider a contrarian investment or even a trade. Check…
READ MOREJapanese technology investor SoftBank Group said on Wednesday it plans to buy back a hefty $3.4 billion in shares, answering in part calls from Elliott Management and other investors to bolster its stock price. Masayoshi Son’s globe-spanning tech giant has been under pressure to buy back shares given that its market capitalisation trades at a…
READ MOREShares of railway PSU firm RITES soared over 13% to Rs 754.4 in Monday’s trade on the BSE after the firm announced that its board of directors will consider issuing bonus shares for shareholders in its upcoming board meeting on July 31. In an exchange filing, RITES stated, “The Board of Directors of the Company…
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