Mutual fund (MF) investors in the country are spoilt for choice. There are 1,500-odd MF schemes that vie for investor attention. So, after making the right choice, what happens to the MF units that you buy? Read on. There are two ways to store your MF units— in a statement of account (SOA) with an …
Technical charts indicate a continuation of the positive trend going ahead, with the India VIX currently trading below 12. Any market dip presents a buying opportunity, as technical analysts predict Nifty will move towards the 22,800-23,000 levels soon. Stocks such as Vedanta, Hindalco, JSW Steel, City Union Bank, Canara Bank, HDFC Bank, ABB, ITC, HUL, …
Indian investors love fixed income, and equity. Bonds, however, have not made the cut yet. The discomfort to invest in bonds is further accentuated due to lack of information and illiquidity. Having twin regulators at the helm— with the Reserve Bank of India (RBI) supervising government bonds and market regulator Sebi overseeing corporate bonds—has not …
Opinions expressed by Entrepreneur contributors are their own. Entrepreneurs often have a deep, personal investment in their businesses, having dedicated years of hard work to bring their ideas to life. However, this emotional attachment can cloud their judgment and make it difficult to objectively assess their venture’s worth. They might find themselves attempting to translate …
Domestic indices rallied for the second straight session on Thursday to end fiscal 2024 on a bullish note. The 30-share Sensex jumped 655 points to settle at 73,651 and the Nifty climbed 203 points to end at 22,326. Stocks that were in focus included names like IDFC First Bank, which fell 2.96%, VIP Industries, which …
Retail investors predominantly invest in equity mutual fundsand, as per data put out by the Association of Mutual Funds in India in December, over 95% of the assets under management (AUM) in debt mutual funds (MFs) comes from corporate entities, while over 90% of equity AUM comes from retail and HNI (high net worth individuals) …
In the month of February, there were 5,371 pending investors’ complaints at the start of the month, data released by the markets regulator Securities Exchange Board of India (Sebi) reveals. A total of 4,761 complaints were received in the month of February on SCORES platform out of which 4,471 were disposed as on Feb 29, …
NEW YORK: U.S. stocks fell on Friday, led by technology-related megacaps that have propelled this year’s rally, while investors weighed the interest rate outlook ahead of next week’s Federal Reserve meeting. Traders have reined in bets of a June rate cut by the Fed after this week’s hotter-than-expected inflation data. Shares of Adobe dropped 13.7%, …
Mumbai: Proxy advisory firms such as Stakeholder Empowerment Services (SES) and InGovern Research Services have recommended institutional investors to vote in favour of delisting ICICI Securities. The court-convened meeting of the shareholders of ICICI Bank and ICICI Securities is scheduled for March 27. In June last year, ICICI Bank announced the scheme of arrangement, which …
The shares of Mukka Proteins made a strong debut on the exchanges on Thursday, listing at a premium of 57% to the issue price. The stock listed at Rs 44 on the BSE and at Rs 40 on the National Stock Exchange, against its issue price of Rs 28. Ahead of the listing, the company’s …