Fears of steeper interest rate hikes by the US Fed have made investors jittery globally.
The government holds 53% stake in BPCL and is planning to sell its entire stake
At 8.5%, the US is feeling the inflation heat. After the US Fed Chief hinted at a 50-bps rate hike in May, the Indian markets crashed last Friday. Does this mean a bearish market for investors ahead?
Equity markets may face volatility this week amid monthly derivatives expiry, and global trends along with the ongoing quarterly earnings by corporates would continue to play a major role in trading movement, analysts said. Markets would also keenly track foreign fund movement amid unabated outflows. "It is expected that this week will also kick off on a sombre note on the back of sharp fall in the US market on Friday after hawkish commentary by the US Fed and weak earnings. The global cues may dominate this week along with April month F&O expiry and Q4 earnings. "In terms of Q4 earnings, market will react to the results of ICICI Bank on Monday while HDFC Life, Bajaj Auto, HUL, Ambuja Cement, Axis Bank, Bajaj Finserv, Vedanta, IndusInd Bank, Maruti Suzuki, Ultratech Cement and Wipro will be other key results which are scheduled this week," said Santosh Meena, Head of Research, Swastika Investmart Ltd. FIIs are continuously selling in the Indian equity market and their behaviour ...
WhiteOak Capital Asset Management, a new entrant to the mutual fund space, is looking to open nearly 100 branches across the country in the next 12-18 months.
Investors are yet to warm up to the concept of sustainable investing with sustainable or ESG funds in India witnessing outflows of Rs 315 crore in 2021-22
Following the two 75 bps hikes in June and July, Nomura expects the US Fed to hike rates by 25 bps at every meeting scheduled in 2022 and 2023
In the international market, gold was trading higher at USD 1,952 per ounce and silver was flat at USD 24.45 per ounce
The Indian government has pegged LIC's valuation at around Rs 6 trillion, according to the sources
The company's board is scheduled to meet on April 28 to consider a proposal for raising funds
ICICI Bank Q4 preview: The net interest income is expected to grow in the range of 17 per cent to 24 per cent over previous year, up to Rs 12,890 crore
Retail money is a factor in the lack of attractive alternate investment avenues among other asset classes: Patil
In the last six months, the S&P BSE Sensex and the Nifty have slumped around 7 per cent each as foreign investors dumped Indian stocks across the board
Stocks to watch today: Retail investors' shareholding in Paytm doubled in the March quarter to 7.72 per cent
Angel One saw its stock end the day at Rs 1,918.7, valuing the company at Rs 15,910 crore.
IPO application patterns set to change as investors adjust to new realities
Morgan Stanley says hydrogen will form 10% of earnings
Sensex, Nifty rise 2.6% in 2 days, erasing half the losses made in last 5 sessions
In tandem with the recovery in equities, the market capitalisation of BSE-listed firms jumped by Rs 5,74,427.92 crore in two sessions to stand at Rs 2,71,77,156.37 crore
CLOSING BELL: Mukesh Ambani-led Reliance Industries (RIL) is set to become India's first company to hit market capitalisation (m-cap) of Rs 19 trillion