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Source: Live Mint Investors in the riskiest portions of collateralized loan obligations are seeing their returns get juiced thanks to the biggest wave of resetting on record. Resets, a form of refinancing for CLOs, surged to a US record of more than $26 billion in August, according to data compiled by Citigroup Inc. that dates…
Source: Live Mint Gold prices remained steady on Saturday. The cost of 24 carat gold is Rs.7352.8 per gm, and the cost of 22 carat gold is Rs.6735.2 per gm. The price change in 24 carat gold in the last one week has been 0.73%, whereas in the last month it has been -4.16%. The…
Source: Live Mint Ganesh Chaturthi 2024: At a time when the Indian stock market is at record high levels, and there is a deluge of initial public offerings (IPOs) in the primary market, it could be an opportune time to increase exposure to gold as experts expect the yellow metal to hit the $3,000 mark…
Source: Live Mint As the country celebrates the auspicious festival of Ganesh Chaturthi, homes are adorned with vibrant decorations, sweets are prepared, and prayers are offered to Lord Ganesha, the symbol of new beginnings and prosperity. This festival, deeply rooted in tradition, brings families and communities closer, filling hearts with joy, hope, and positivity for…
Source: Live Mint International crude oil prices have been on a broader downtrend and crashed almost 20 per cent in the last 12 months due to a demand-supply imbalance in the market, even as the Organisation of Petroleum Exporting Countries and its allies (OPEC+) eyes the stability of prices. Benchmark Brent and US West Texas…
Source: Live Mint Dividend Stocks: Shares of several major companies, including Vedanta Ltd, Gujarat Gas, Harsha Engineering, Lumax Industries, MSTC, and General Insurance Corporation of India, among others, will trade ex-dividend from Monday, September 9, according to data collected from the Bombay Stock Exchange (BSE) website. As per the BSE data, some companies have announced…
Source: Live Mint New-age tech stocks such as Zomato, Nykaa, Mamaearth, FirstCry, Paytm, Policybazaar, among others, have lately generated a buzzing interest among D-Street investors, especially after significant volatility following their respective initial public offerings (IPOs). D-Street experts say a combination of improved performance, attractive valuations and profitability, strategic growth, and favourable market conditions has…
Source: Live Mint Edelweiss Mutual Fund’s managing director and chief executive officer (CEO), Radhika Gupta, supported ordinary investing compared to chasing unrealistic gains offered by potential fraudsters in the market waiting to entrap retail investors. Gupta took to her social media profile on platform X and said that investors should stick to “dal-chawal investing” (ordinary…
Source: Live Mint Foreign portfolio investors (FPIs) continued their three-month streak in Indian equities, but inflows moderated in August, driven by domestic and global factors. However, they were consistent buyers in June and July after election-related jitters faded and stability returned to Indian markets. However, FPIs halted their buying streak with the onset of the…
Source: Live Mint Ganesh Chaturthi 2024: As we kick off the festive season of 2024 with Ganesh Chaturthi, reflecting on the Initial Public Offering (IPO) market reveals some astounding numbers. In essence, IPOs have become the talk of the town following the record highs of Nifty 50 and Sensex, capturing attention not only in the…
