Sensex and Nifty trimmed early gains and closed lower on Monday as unabated foreign fund outflows hit investor sentiment and losses in index heavyweights Reliance Industries and HDFC Bank. Sensex…
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Lighthouse Canton marks first close of India-focused debt fund at Rs 155 cr
Singapore-based investment and wealth management firm Lighthouse Canton, which launched in India in 2020, has announced the first close of its maiden venture debt fund at Rs 155.4 crore. A…
Budget 2023 & stock market: What pre-election years tell stock investor about upcoming budget
A dozen brokerages and investment banks have come out with research notes on what investors should expect from the finance minister Nirmala Sitharaman this coming Budget. The broader expectation is…
GPT Infra stock zooms 9% on receipt of order worth Rs 216 cr
Shares of GPT Infraprojects rose nearly 9% today after the firm said it won an order worth Rs 216 crore. The share of GPT Infra rose 8.68 per cent intraday…
What Mamaearth IPO papers tell investors about ITC, HUL, Marico & other traditional FMCG players
New-age personal and wellness brands such as Mamaearth (Honasa Consumer), WowSkin Science, Plum, Sugar and Good Glamm gained high traction during the pandemic due to their digital-first approach, but traditional…
RattanIndia Ent shares jump 18% after acquiring Revolt Motors; here’s what analysts say
Shares of RattanIndia Enterprises jumped in Monday’s trade after the acquisition of electric motorcycles maker Revolt Motors amid heavy volumes. The stock surged 18.45 per cent to hit a day…
India’s exports in December 2022 dipped by 12.2%; trade deficit at $23.76 bn
India’s merchandise trade deficit in December was largely flat at $23.76 billion compared with $23.89 billion in the previous month, according to a Reuters calculation based on export and import…
Vijay Kedia cuts stakes in three companies, stayed put on six others
Vijay Kedia, the seasoned investor, has trimmed his stakes in the as many as three companies, including one potential exit, suggests the latest shareholding pattern. Along with it, Kedia has…
Q3 results impact: Bank of Maharashtra, Federal Bank shares rally up to 9% on solid earnings
Bank of Maharashtra reported a two-fold jump in its standalone profit after tax at Rs 775 crore for the December quarter. Gross NPAs declined to 2.94 per cent of total…
Want to bet on manufacturing sector? Analysts suggest buying these 7 stocks for solid returns
India is gradually progressing on the road to Industry through the government initiatives like the National Manufacturing Policy which aims to increase the share of manufacturing in GDP to 25…