ICICI Pru has just offloaded Airtel, Voda; picked bank, power, pharma stocks
Overall, it increased stakes in over 350 companies from across sectors in December.
Higher VIX means market to stay the volatile in near term
Overall trend is positive and supports are again gradually shifting higher.
Share market update: Nifty Financial Services index dips; PFC down 2%
The Nifty Financial Services index was trading 0.81 per cent down at 14...
More than 40% of our long portfolio is in financials, we will not give that up easily: Samir Arora
We have more than 40% of our long portfolio in financials and if we looked at our net, it might be 80%. Individually these stocks look good ...
View: Why ESG matters in financial services
Underscoring the importance of ESG principles, 181 top global CEOs signed in August a mission statement, declaring that companies exist for all stakeholders, not just shareholders.
Bright spots: Is India doing better than ever on many key indicators?
Incidents of violent crimes have been falling for some years across India, according to data as of 2017.
7 disruptions that might strike your financial world in this decade. Are you prepared?
Changes you can anticipate in this decade, and how to be prepared for them.
Financial, cement companies to do well in Q3: Amnish Aggarwal, Prabhudas Lilladher
Q3 is unlikely to give green shoots as far as the overall performance is concerned. We are underweight on IT because in run up to the US elections, the IT sector underperforms and overall growth rate suffers. In auto, q-o-q, some improvements may be visible and base effect may be favourable, but we are not out of the woods yet.
APSEZ has sufficient financial headroom to absorb proposed buyout in Krishnapatnam Port: S&P
Adani Ports and Special Economic Zone (APSEZ) has sufficient financial headroom to absorb its proposed acquisition in Krishnapatnam Port Company (KPCL), S&P Global Ratings has said
Share market update: Nifty Financial Services index rises; PFC up 3%
The Nifty Financial Services index was trading 0.77 per cent up at 14,312.30.
Bank of Baroda ties up with JM Financial for co-lending
Vikramaditya Singh Khichi, Executive Director at Bank of Baroda said, “There is huge potential in the retail home loan space that can be tapped through co-lending partnerships between large organizations like Bank of Baroda and finance players like JM Financial Home Loans."
Buy Max Financial Services, price target Rs 590: Kunal Bothra
The analyst suggested a stop loss at Rs 535.
PNB Scam: Nirav Modi changed structure of firms to conceal crime, says CBI
Modi allegedly made dummy partners majority stakeholders in Diamonds R US, Solar Exports and Stellar Diamonds, the sources said. Modi allegedly did not inform the PNB about the changes, and instead opened three new current accounts at the Surat Co-operative Bank showing the dummy directors as “majority stake holders.
Buy Cholamandalam Financial Holdings, price target Rs 535: Jayesh Bhanushali
The analyst suggested a stoploss at Rs 485 .
After Market: Autos, financials mixed; raters continue to rise
Here is a lowdown on the movers and shakers of Tuesday’s session.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service