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On September 21, several mid and small-cap stocks made notable moves by crossing their 20-Day SMA, signaling potential positive developments.

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"When we talk about relinquishing control over assets, what also happens is that after she gets married, she does not often ask questions about what is being done on the investment front. So a very common problem that comes to me is that my husband makes all the investments for me, so I have no idea what is going on, where is what and what is on my name, what is not on my name. So even at that level, control is being given to someone else, a husband or a patriarch in the family to handle."

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​Within the same timeframe, the benchmark index Sensex has experienced a gain of approximately 12%, while eight listed stocks from the stock broking sector, which have a current market capitalization exceeding Rs 500 crore, have seen their share price values surge by more than 40%.​

"The medium-term perspective is that now it sort of sophisticates the source of funding for the government which means there is more scope for banks to lend to other routes than just by government bonds. So obviously there should be an impact in terms of more credit growth. But it also means that more foreign investors are going to own Indian bonds. The onus will be on the government to maintain good fiscal discipline."

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Osho Krishan suggests two trading picks. The first is Grasim, which has recently had a strong breakout and can be re-entered for a target of Rs 2000 with a stop loss of Rs 1870. The second pick is Balkrishna Industries, which is on the verge of a breakout and can be accumulated at the current price for a target of Rs 2620-2650 with a stop loss at Rs 2490. Krishan also discusses the resistance at the 19,800 level and the performance of Tech Mahindra and Wipro.

The initial public offer (IPO) of Signature Global, which was fully subscribed on the second day, picked up pace on the last day of the bidding process. Overall, the issue was subscribed 3.19x so far on Day 3, led by strong NII (6.2x) and retail (4.35x) interest. The category reserved for qualified institutional buyers was booked 1.38 times.

JPMorgan will include Indian government bonds in its Government Bond Index-Emerging Markets (GBI-EM) from June 2024, the Wall Street bank said on Friday.

"This is a fairly big news. I am hearing that market analysts are expecting inflows of around $30 billion. $30 billion is a large amount of money, say almost Rs 3-3.5 lakh crore. This is just passive flows that that funds actively track. On top of that, there will be significant active flows — people anticipating the drop in yields and interest rates will try to bring money in. So we can easily see inflows of $40 to $50 billion."

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Indian government bond yields fell on Friday, with the benchmark 10-year and the 14-year bond yields slipping to their lowest level in two months. xThe 10-year U.S. Treasury yield rose to 4.50% in Asia, the highest since 2007, on expectations that the U.S. Federal Reserve is likely to keep rates higher for longer.

​It is not a matter of taking a view, it is passive investment. So essentially, as we go from June onwards, from 1% to 10% in their investment portfolio, the funds which track this index will also necessarily need to buy.

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