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These investors have bought bonds worth 24.6 billion rupees, on a net basis, so far this month, adding to purchases of 45.3 billion rupees in August and 26.6 billion rupees in July, data from Clearing Corp of India showed.

"Our gross NPA is also coming down. It has come down to 4.48% this quarter and we will continue to see the declining trend in the remaining quarters as well and with all this in place, the ROA will improve in the coming quarters. But as far as quarter or the year, the number which you have specified that internally we have not kept any target, our target is to improve our operating performance on a quarter-on-quarter basis."

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“These bonds offer annual returns of 2.5%, which serve to balance their portfolio over time. However, investors are encouraged to adopt a staggered approach when acquiring sovereign bonds. By doing so, they can accumulate gold at varying price points. For those who purchased at higher rates, this may be an opportune time to consider further investments,” said Jateen Trivedi, VP Research Analyst at LKP Securities.

As of June end, QSR Asia held a 40.8% stake in Restaurant Brands Asia. Following the sale, it holds a 15.4% stake in the food chain operator. The buyers of the shares could not be ascertained at the time of writing this report. Recent reports said that Everstone Capital was looking at selling its entire stake in Restaurant Brands Asia Ltd, the master franchisee of Burger King in India and Indonesia and that it was in talks with Jubilant Foodworks, as well as a consortium of private equity firms Advent International and General Atlantic.

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"Anything from six months to three years onwards would be categorised as short-term goals. So, anything that you need money for in the next six months or one year or two years or three years would be your short-term goals. Now, typically these goals could be like a single goal that you might have or it could be part of a bigger goal."

"Investors should limit their sector exposure to not more than 5% and overall portfolio allocation to sector funds should not exceed 10%. Sector funds can be risky due to constant sector rotation in the market. It is difficult to predict which sector will perform well in the future. Diversified equity funds with graded sector exposure are a better option for most investors. Timing is crucial and buying when a sector is beaten down may be a good strategy."

Marico shares drop 0.14% as Sensex rises

Updated at : 2023-09-15 15:20:01

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The stock quoted a 52-week high of Rs 591.7 and a 52-week low of Rs 462.95.

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