Eight out of the top 10 most valued companies in India collectively lost ₹1,28,913.5 crore in market value last week, PTI reported. Among the top 10, Tata Consultancy Services (TCS) and Infosys were the biggest losers with weak equity trends, it added. In the ranking of the most valued firms, […]
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Davis was one of the remarkably few people who made a sizable fortune from investments in common stocks, serving as an inspiration to the ‘Average Joe’ that he too could become rich without resorting to shady shenanigans. During the mid-1930s, the American stock market came under heavy selling pressure, striking […]
Let the dust settle on the budget’s tax shocker before chasing any likely dip, but mutual fund investors can continue their investments—In sum, that’s the message from stock market veterans for retail investors, after the Union budget proposed higher capital gains tax for profits from share sales. “The rise in […]
Shares of Azad Engineering, a manufacturer of aerospace components and turbines, have experienced a significant downturn after a robust rally since their listing. The stock has corrected by 22.45%, falling to ₹1,613 per share from a peak of ₹2,080 in just 22 sessions. Listed on Indian exchanges in December 2023 […]
At 52x, the stock is trading at a discount to its five-year and ten-year median PE (price-to-earnings) multiples. The stock is quite a distance from its previous peak and closer to its 52-week low. You could blame this underperformance on the rising competition in the paint sector, especially with the […]
In recent sessions, the Indian market struggled to sustain its bull run until TCS’s results provided a much-needed catalyst, setting a positive tone for the earnings season. Additionally, expectations of a Fed rate cut have further fueled the rally. The healthy numbers by the TCS for the June ending quarter […]
Deepak Shenoy, the founder and CEO of Capitalmind, has cautioned investors about the current stock market movements. In a post late last night on social media site X (formerly known as Twitter), the market veteran said that anyone who has been an investor for more than five years “knows that […]
Concerns are mounting on India’s economic policy front, shows the India Economic Policy Uncertainty Index. The index has been wobbly lately and shot up again in June to 137.61 from 83.04 in May and 137.18 in April. The chart below shows the volatile trend in the index. The jump seen […]
Interarch Building Products Limited, a Noida-based steel construction solution provider, and metal component manufacturer Gala Precision Engineering Limited on Monday received the Securities and Exchange Board of India’s (SEBI) approval to raise funds through initial public offerings (IPOs). Interarch plans to offload 44,47,630 or 44 lakh equity shares through an […]
The stock market is closed on festivals and the weekends. Both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will be closed for nine days, including the weekends in the month of July. Here is a list of holidays for July, investors can make their decisions accordingly. […]