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Source: Live Mint Investor interest in small-cap stocks on Dalal Street seems to be gradually fading, as many of them are now trading significantly below their recent highs. This decline in enthusiasm follows a period when small-cap stocks garnered substantial attention, which drove their valuations to elevated levels. In recent years, small-cap stocks benefited from…
Source: Live Mint The S&P BSE PSU index experienced a strong resurgence in recent trading sessions following a period of stagnation since mid-July. Over the past six sessions, the index has climbed nearly 5 per cent, largely driven by rallies in metal and power stocks. Leading the charge is NALCO, which surged an impressive 16.70…
Source: Live Mint Global brokerage house Phillip Capital, in a recent note, observed that it has witnessed sectoral shifts within the Nifty and broader Indian equity markets, focusing on changes over both long and short terms. According to the report, investment-oriented sectors, including cement and building materials, gained considerable traction post the Covid-19 pandemic and…
Source: Business Standard Illustration: Binay Sinha 3 min read Last Updated : Sep 20 2024 | 11:02 AM IST Mirae Asset Investment Managers (India) has launched two new Exchange Traded Funds (ETFs). Mirae Asset Nifty Metal ETF and Mirae Asset Nifty PSU Bank ETF will provide investors “focused exposure” to the metals and public…
Source: Business Standard Illustration: Ajay Mohanty 4 min read Last Updated : Sep 19 2024 | 4:16 PM IST Nifty PSU Bank slips: The Nifty PSU Bank index, which monitors the performance of public sector banks, fell by as much as 1.80 per cent, hitting an intraday low of 6,556.25 on Thursday, September 19,…
Source: Business Standard 5 min read Last Updated : Sep 10 2024 | 10:36 AM IST Nomura on Indian banks: Tokyo-headquartered international brokerage firm Nomura has reduced its target prices for some of the private and public lenders ahead of the US Federal Reserve’s policy meeting scheduled for next week. The brokerage…
