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HDFC Bank shares surge up to 3%, lead Nifty 50 recovery from lows on Monday
Despite the recent volatility, the analyst community maintains a near-consensus "buy" for shares of HDFC Bank. Out of 47 analysts covering the stock, 45 maintain a "Buy" rating, with not a single "Sell" call currently among analysts.
Mutual fund investors alert! Your fund managers mint money even when most stock portfolios are bleeding
Inox Wind share price has largely remained negative in the near-term. The stock has shed 23% in a month and 36.47% in terms of year-to-date (YTD).
Axis Bank Share Price Live Updates: Axis Bank Stock Price History
Vodafone Idea, IDBI Bank, YES Bank— These are among the top most traded stocks on the NSE today
Vodafone Idea, IDBI Bank, YES Bank, Tata Silver Exchange Traded Fund, Tata Gold Exchange Traded Fund, Suzlon Energy, and Adani Power were among the most traded stocks on the NSE.
More Nifty downside likely, support near 22,500: Rohit Srivastava
The founder of Indiacharts & Strike Money says Nifty has slipped below its 20-month average and broken the long-term trend from the Covid lows — an early warning sign for markets. India VIX has not yet reached panic levels that typically mark a market bottom and Bank Nifty could also fall toward 50,258 as more sectors start participating in the sell-off.
Kotak Mahindra Mutual Fund acquires stake in this recently listed healthcare stock
Kotak Mahindra Mutual Fund (KMMF) has raised its stake in the North Indian hospital network Park Medi World Limited to more than 5%. The fund purchased 175,164 shares, bringing its total ownership to 5.0393%, which necessitates a regulatory announcement in accordance with SAST regulations.
Nifty PSU Bank index falls for fourth day in a row; Three stocks at 52-week low
As a result of the fall in PSU Banks, three stocks, Punjab & Sind Bank, Indian Overseas Bank, and UCO Bank, have declined to a 52-week low.
Nomura cuts Nifty target by 15% to 24,300, warns of further market correction
Indian equities have corrected 8% in the last two weeks. The Nifty and the Nifty Bank are both down 13% each from their respective record high levels. The only two previous instances of such a fall are during the Covid-19 pandemic in 2020 and the start of the Russia-Ukraine war in 2022.
Asset allocation during West Asia crisis: Mutual fund managers share investment tips amid market turbulenc - The Economic Times
Asset allocation during West Asia crisis: Mutual fund managers share investment tips amid market turbulencThe Economic Times
Too early to see shift from equities to FDs: Federal Bank CEO KVS Manian
Speaking to CNBC-TV18 on the sidelines of the 21st India Business Leader Awards, KVS Manian, MD and CEO of Federal Bank, said it is too early to see investors moving money from equities back to fixed deposits. A Balasubramanian, MD and CEO of Aditya Birla Sun Life AMC, added that mutual fund investors continue to see healthy three- and five-year returns, helping keep inflows steady despite recent market volatility.
MTNL fails to deposit interest on sovereign guarantee bonds in escrow account
As per the structured payment mechanism of Tri-Partite Agreement (TPA) signed among MTNL, the Department of Telecommunications (DoT), Beacon Trusteeship Limited, the telecom company has to fund the semi-annual interest into the escrow account maintained in Bank of India with an adequate amount 10 days before the due date, which in this case is March 24, 2026.
INR tumbles to new lifetime lows; Benchmark indices melt amid West Asia conflict and escalating oil prices
The Indian rupee slumped to close at a fresh record low of 92.37 (provisional) against the US dollar on Friday as crude oil prices crossed USD 101/barrel amid the raging West Asia conflict. A stronger greenback, heavy foreign fund outflows and sustained selling in the domestic equity markets further weighed on the rupee. At the interbank foreign exchange, the local unit opened at 92.33 and kept losing ground to hit a fresh intra-day low of 92.47 against the US dollar. It eventually settled at its lifetime low of 92.37 (provisional), down 11 paise from its previous close. Indian shares plunged on Friday to extend their recent string of losses as oil prices climbed back above $100 a barrel amid an ongoing conflict in West Asia involving Iran, Israel and the United States. The Sensex dropped by 1,470 points to close at 74,563, while the Nifty 50 fell 488 points, settling at 23,151.