By Trideep Bhattacharya There are a few fundamental truths about investing, and one of them is that diversification is good for your portfolio. Diversification is simply spreading your portfolio investments across multiple asset classes and strategies such that sharp negative movements in any one investment do not have an inordinately high impact on your portfolio […]
The Indian hotel industry is gearing up for a robust fiscal year in 2024, with various segments poised to drive demand, according to key stakeholders in the Indian hospitality sector. Notable contributors to this growth are expected to be experiential travel, the domestic market, and corporate travel, marking a positive outlook for the New Year. […]
By Dharmesh Shah The Nifty 50 index opened gap-up (17670-17791) and achieved our target of 18100. However, profit booking from higher levels dragged the index below the 18000 mark. As a result, weekly price action formed a doji candle, indicating breather after a sharp rally. In the process, broader markets outperformed benchmark and accelerated its […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to one stock/security on Tuesday, January 31, 2023. Ambuja Cements is the stock/security placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Tuesday. According to the NSE, the stock mentioned above is prohibited in the […]
Shares of a majority of Adani Group companies ended in the green on Tuesday, after a battering in the previous three trading sessions amid reports of fraud by US-based short seller Hindenburg Research. Flagship Adani Enterprises, whose follow-on share offering managed to garner the required subscription, rose 3.4% to end at Rs 2,975, after a […]
Shares of Adani Enterprises jumped 14.2% on Tuesday to Rs 1,364 apiece, with the group adding Rs 30,043 crore to market capitalisation on Tuesday. Eight out of 10 Adani group stocks gained in Tuesday’s session, with Adani Total Gas and Adani Transmission the only stocks to be locked in the lower circuit of 5%. Deven […]
Droneacharya Aerial Innovations shares listed at a bumper premium of 90% despite the domestic equity markets trading in the red on Friday. Droneacharya Aerial Innovations stock made its market debut at Rs 102 on the BSE, as compared to the public issue price of Rs 54. The scrip shortly thereafter rose to Rs 107 per […]
Indian equities saw a sharp revival in fortunes on Monday, with the indices staging a strong comeback after a 1% reversal on Friday. Optimism stemming from the US’s strong jobs data triggered the rally on a day auto, realty, and financials witnessed heavy buying interest. “Heavy buying by FIIs has given a fillip to the […]
By Sameet Chavan An action-packed session was seen in our domestic market with a V-shaped recovery on the expiry day. The benchmark index Nifty 50 started the day with a gap up that soon got sold into, and it breached the psychological mark to test intraday lows of 15904 odd levels. However, the short covering […]
Private equity and venture capital funds’ investments declined by 4 per cent to USD 5.3 billion in March 2023 as against the year-ago period, a report said on Monday. In terms of number of deals, there were only 82 transactions in March 2023 as against 125 in the year-ago period, as per the report by […]