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Intellect Design Arena has been a buzzing stock for the last two days with a gain of 6 yesterday from an open price of Rs 710 to a day’s high of Rs 770 and closed at Rs 754. With strong fundamentals, the stock of multibagger Int
India’s third-largest telecom player in the private space today announced that its Board of Directors on January 10, 2022, has approved the conversion of the full amount of interest related to spectrum auction instalments and AGR Dues into equity.&
On Tuesday, the frontline equity indices, i.e., Sensex and Nifty ended marginally higher than the last trading session. At close, the Sensex was up by 221.26 points or 0.37 at 60,616.89 and the Nifty was up by 52.45 points or 0.29 at 18,05
Automotive company JBM Auto Ltd’s shares jumped to a new record high on Tuesday after touching the 5 upper circuit, stretching the gains to more than 200 in a little over three months and more than 400 within a year. Shares of JBM Auto were l
The assets under management of Indian mutual funds increased to Rs 37.72 trillion as on December 31, 2021 from Rs 37.33 trillion a month before, mainly because domestic investors continued to invest in equity schemes. Equity MFs recorded net inflo
As it is much evident from the monthly data released by AMFI, that equity mutual funds inflow more than doubled in December 2021. Read on to find out more. Markets (Nifty 50) last touched 18,000 levels on November 15, 2021, and since t
Tata Steel has increased its equity stake in Medica TS Hospital Private Limited (MTSHPL) from 26 to 51, as stated in its exchange filing on January 08. The increase in the stake was on account of the conversion of Optionally Converti
On Monday, the frontline Indian equity benchmarks ended on a higher note than the last trading session, breaching and maintaining the 60,000 and 18,000 levels on the Sensex and the Nifty, respectively. At close, the Sensex was up by 65
Technology sector-focused equity mutual funds have been consistent long-term outperformers, topping the returns charts across all peers. Be it over a 10-year horizon or five-year or three-year, equity mutual funds investing in technology stocks have
Indian bond yields go up when Fed increases the rate in the US. As this is going to happen in the coming years we will have a volatile market for the next couple of years. Sankaran Naren has 32 years of experience in the equi
The company is well placed to capture opportunities from the accelerated shift to the cloud. Global software company specializing in product and technology services, Persistent Systems Limited has given investors stellar returns of 199.86 o
Here is the story of the founder and MD of India’s largest pharma company. A company that started with just five people and five products went on to become India’s largest pharmaceutical company - Sun Pharmaceuticals Industries Ltd, under the
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