How not to become part of the 90% losers’ gang in trading & thrive on their money instead
There is this big bunch of new market entrants who are all starry-eyed about trading.
Share market update: Nifty Financial Services index down; PFC slumps 5%
The Nifty Financial Services index was trading 0.35 per cent down at ...
BNY Mellon to expand work done out of India
A few of its technology initiatives are already led out of India, especially around digital trans...
High risk-reward: Stocks that have jumped up to 200% from 52-week lows
Data showed 127 of BSE200 stocks have hit their one-year lows this quarter.
Essel Group's head of finance & strategy Himanshu Mody quits
An old hand at the Essel Group, Himanshu Mody was heading the group’s finance & strategy vertical, for its businesses in Media & Entertainment, News & Information, Education, Infrastructure, Gold Refinery, Gaming, Wellness and Lifestyle. He was spearheading the entire divestment process at Essel Group.
Share market update: MMTC, Uflex among top gainers on BSE
Among the 50 components in the Nifty index, 37 shares were trading in the green, while 12 were in the red.
Goldman Sachs initiates buy on L&T Finance, target price Rs 140
L&T Finance is one of India’s largest non-bank lenders by loan size with a diversified loan portfolio.
Stocks in the news: YES Bank, Airtel, Tata Motors, HCL Tech and L&T Finance
Vodafone Idea announced new plans under which call and data charges will be dearer for its pre-paid customers.
Growth down, but no fear of recession: Finance minister
Nirmala Sitharaman blamed the slowing of GDP growth in the last two financial years on the lagged effect of the so-called twin balance sheet crisis — stress on banks due to nonperforming assets or bad loans on the one hand and heavily indebted corporates on the other. She blamed this on the Congress-led UPA government’s policies.
Home First Finance files for Rs 1,500 crore IPO
The offering comes at a time when the shadow banking industry is battling a credit crunch.
Cabinet extends term of 15th Finance Commission
The Union government extended the term of 15th Finance Commission that is headed by N K Sinha to provide for the presentation of the final report covering FYs 2021-22 to 2025-26 by October 30, 2020. This will help the commission examine various comparable estimates for financial projections in view of reforms and to finalise its recommendations.
Buy LIC Housing Finance, price target Rs 490: CK Narayan
The analyst suggested a stoploss at Rs 454.
Finance firms’ bankruptcy: Fail, and pass the test
The collapse of IL&FS froze the credit markets and the contagion spread.
Buzzing stocks: Vodafone Idea, YES Bank, ZEEL, Indiabulls Housing Finance
The NSE Nifty index was trading 34.25 points down at 12,116.90.
Analyst Calls: EIL, Cadila, L&T Finance, Bharti Airtel
Kotak Securities has maintained its buy call on Engineers India with a target price of Rs 130.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service