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Source: Live Mint Expert View: Abhijit Bhave, Managing Director and CEO, Equirus Wealth believes a 5-10% correction from current levels might be a fair expectation for stabilisation in the market. A strong earnings report card in the December quarter is what might bring some sense of relief in the market, he noted. Bhave also believes…
Source: Live Mint Stocks To Buy: The Nifty 50 has seen a sharp correction, falling almost 11 per cent from its September 2024 peak, driven primarily by sustained outflows from foreign institutional investors (FIIs) and concerns over underwhelming corporate earnings. Amid this market volatility, brokerage firm JM Financial has identified 39 stocks—spanning large-cap, mid-cap, and…
Source: Live Mint Multibase India, a multibagger small-cap stock, has grabbed attention with its latest dividend declaration. The company announced an interim dividend of ₹53 per share for the financial year 2024-25, representing a substantial 530% of its face value of ₹10 per share. Historic Dividend Announcement In an exchange filing dated November 13, Multibase…
Source: Live Mint Shares of MIC Electronics surged nearly 5 per cent in intra-day trading on Monday, November 11 after the company announced the incorporation of its wholly-owned subsidiary, MICK Digital India Limited, on November 8, 2024. The company subscribed to 50,000 equity shares at ₹10 each, totalling ₹5 lakh, with the full amount paid…
Source: Live Mint Diwali 2024 Muhurat trading: The Indian stock market took a sharp downturn in October, ending its multi-month winning streak. After a steady six-month climb, the BSE Midcap index has slipped, down by 7 per cent in October. The BSE Smallcap index, following a four-month winning streak, has dipped 4.5 per cent. Meanwhile,…
Source: Live Mint Expert view: India is relatively better placed, but valuation is a concern, says Surjitt Singh Arora, Portfolio Manager, Portfolio Management Services, PGIM India Asset Management Pvt. Ltd. In an interview with LiveMint, Arora says he is cautious about the mid-and small-cap segments in the near term. The broader market may see some…
Source: Live Mint The stock market gods have been kind in recent years—and sometimes very kind, delivering impressive returns for those who made the right investment choices and got a bit lucky. Unsurprisingly, many individuals have taken notice and moved into direct stock investing. One look at the number of demat accounts being opened shows…
Source: Live Mint With major equity markets near their all-time highs and gold shining equally brightly, investors face a dilemma: Should they ride the wave or prepare for a potential downturn? With growing uncertainties and stretched valuations, are risks overwhelming opportunities? Central banks worldwide are walking a tightrope between managing inflation and supporting economic growth,…
Source: Live Mint The Indian stock market crashed on Thursday, 3 October, with benchmark indices Sensex and Nifty 50 witnessing sharp declines of over 2 per cent each, driven by escalating geopolitical tensions in the Middle East and weak global cues. The broader markets followed suit, with Nifty Midcap and Nifty Smallcap indices tumbling more…
Source: Live Mint Indian markets scaled a fresh all-time high for the sixth consecutive session on Thursday, September 26, driven by positive global sentiment and robust domestic inflows. During today’s intra-day trading, the Nifty climbed 84 points to hit a new peak of 26,087, while the Sensex surged 293 points to a record high of…
