Indian banks have established themselves on a much stronger footing led by cleaner balance sheets, record profits and inexpensive valuations, foreign brokerage firm CLSA said. “We believe Indian banks are well placed after a rollercoaster decade. Balance sheets are the strongest they have been in over a decade and profits […]
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Utilise data and analytics In today’s fast-paced investment landscape, using data and analytics is a powerful way to stay ahead of market trends. In today’s digital age, using financial datasets and sophisticated financial models using advanced analytics will help you stay ahead in the game. Advanced analytics tools can help […]
Stock to buy: Brokerage firm Anand Rathi has initiated coverage on Bikaji Foods shares, the third-largest ethnic snacks company in India. Apart from snacks, Bikaji Foods International is also the third-largest player in sweets and the second-largest papad maker pan-India backed by its extensive portfolio and strong branding. The rise […]
Back at home, the first hundred days of the new government are crucial, he said. Besides the infrastructure push, the government has promised solar rooftops for 10 million households. He expects additional initiatives in the green energy sector along with increased focus on the semiconductor space. Edited excerpts: What is […]
Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This […]
On Wall Street in the week ahead, the stock markets would be guided by key economic data such as US retail sales and factory output among others. The holiday-shortened week will also see few big earnings such as IT and consulting services firm Accenture and supermarket chain Kroger. Economic events […]
Bill Gates revealed that Indian entrepreneurs have a ‘competitive advantage’ compared to those in the West given the country’s diversity and vast demographic profile. The co-founder of Microsoft and renowned philanthropist, recently joined Zerodha co-founder Nikhil Kamath for the inaugural episode of the new podcast series “People by WTF”, where […]
Fuel Prices in India: Fresh prices for petrol and diesel have been announced on Sunday, June 16, shortly after the Karnataka state government led by Congress’ Siddaramaiah hiked taxes on fuel, in order to ‘to generate additional revenue for the state’, as per the Finance Department of Karnataka. With the […]
Foreign portfolio investors (FPIs) significantly reduced their selling streak last week as the net outflows in June now stand at ₹3,064 crore in Indian equities till June 14. The total debt inflows stand at ₹5,703 crore so far this month. This comes after FPIs offloaded ₹5,586 crore worth of Indian […]
Domestic Infrastructure and Capital Goods stocks are on a sturdy path. Over the past 3 years, capital goods stocks have, on average, tripled in value, while infra stocks have doubled. There were concerns about whether this trend would persist during the recent national election period due to high prices and […]