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Foreign portfolio investors (FPIs) were net buyers of Rs 51,200 crore in August. The month of November is expected to have net inflow of more or less similar to this, K Dileep, Head of PMS at Geojit Financial Services, said.According to the data from the depositories, FPIs withdrew Rs 1,586 crore from equities in October (till 28). The one trading session is left for the month.

Alphabet Inc. isn’t doing so well, but at least it’s growing. A 6.1% increase in third-quarter revenue was the slowest since June 2020 after the Covid-19 pandemic hit. Its Google search-based advertising divisions are outpacing its network affiliate businesses and video service YouTube, while cloud services remain solid.

“If you are looking at portfolio investment in terms of deep, structural value, that is possibly the best entry point for HDFC Bank. One cannot get prices better than this because we believe that all the issues of overhang will probably disappear over the next financial year. So that is the construct on the private banks.”

“In the medium term, given the growth outlook as well as corporate earnings trajectory which we think will remain fairly stable for India, we would look at midcaps but more from a bottom up basis. In fact, our entire approach to portfolio composition today has been largely bottom up in nature where there will be wide dispersion across sectors.”

The losses have narrowed from ₹1,992 crore in the April-June quarter mainly due to the general decline in crude prices in the September quarter.

"The one piece of advice that I would like to share is to never follow the herd mentality. Herd mentality is quite common. Those affected blindly follow investments made by others without thinking twice. The results can be disastrous. Note that investments don’t follow a one-size-fits-all approach. Every individual is different in terms of financial goals, risk appetite, and cash flow. "

The audit must certify that it (SCS) has systems and procedures in place in compliance of various rules and regulations administered by Sebi

Its total income also went up 15.64 per cent to Rs 9,296.02 crore for the financial year that ended on March 31, 2022. It was Rs 8,038.10 crore in FY21.

The consolidated net profit of the company stood at Rs 3,690.95 crore in the quarter ended September 30, 2021, it said in a BSE filing. Total income rose to Rs 44,681.50 crore in the quarter from Rs 33,095.67 crore in the year-ago period.

While earlier generations got lucky with long-term real estate and equity bull markets that helped create a retirement corpus, he said it is unlikely to repeat in the future.