As global interest rates approach their peak levels, there is speculation that the US Federal Reserve may commence interest rate cuts by the end of the current calendar year. Such a decline in interest rates historically correlates with an upward tre

Bank of Baroda has become the second public sector bank in India to surpass ₹1 lakh crore market capitalization. The stock reached a record high of ₹194 per share, rising 3% from the previous close. Only the State Bank of India has achieved th

The Indian government has announced an Offer for Sale (OFS) of 92.44 lakh shares of Coal India, representing 0.15 percent equity stake. This move marks the second OFS by the company this month. Eligible employees will have the opportunity to pur

The government has been raising money through the issue of sovereign gold bonds (SGBs) since 2016 and it has been fairly successful. These are bonds backed by gold and offers investors an opportunity to participate in gold as a financial security. Su

ITC has been one of the top performing stocks this year and that has reflected in the stock price too. It has been one of the best performers on the Nifty since the start of the current calendar year. But that is not the real story. According to a no

Does a bonus issue impact the F&O contracts in terms of contract size and the contract price. Obviously it would. In a bonus what happens is that the company draws on the free reserves of the company and converts them into free bonus shares for t

When the Fed statement was presented by the US Federal Reserve late on 14th June 2023, the expectations were already quite high about a pause in interest rates. That is exactly what the Fed announced. Fed called a halt and maintained the interest rat

In this issue, we look at 3 more interesting funds that are expected to open their NFOs (new fund offerings) in the month of June or in early July 2023. In the last few months, several unique NFOs have been launched and positioned in India. While mos

Today, Indian mutual funds have become a formidable force in equity markets. It is not just about the ₹43.20 trillion of AUM that the mutual funds are having under their belt. This is the total AUM, but even assuming that equity AUM is around 50%,

In its meeting held on 05th May 2023, the board of directors of Piramal Enterprises Ltd (PEL) has approved an Interim Dividend pay-out of ₹31/- per equity share of face value of ₹2/- each. For the purpose of interim dividend eligibility, the reco

It was long coming and the order finally came on June 12, 2023. The Securities and Exchange Board of India (SEBI), issued an interim order barring the two promoters of Essel group viz. Subhash Chandra and Punit Goenka from holding any key managerial

On June 12, 2023, the MOSPI announced the all important CPI inflation data and the index of industrial production (IIP) data. While IIP captures the growth in industrial output, the CPI inflation captures the change in consumer prices. Obviously, the