have increased their stake in , and in March, according to data crunching by ETMutualFunds showed. The exposure in Adani Green Energy went up by 114.51% on monthly basis, taking the total number of shares to 1.63 crore in March against 76.35 lakh shares in February. The exposure in Adani Energy Solutions went up by … Read more
Metal stocks saw a surge in early trade on April 22 after the Indian government took protective steps to support domestic steelmakers. The government imposed a 12% safeguard duty on imports of certain flat products made from non-alloy and alloy steel. This measure aims to curb the influx of cheaper steel products, particularly from China, … Read more
New Delhi: Institutional investments in the real estate sector during Q1 (January-March) this year reached $0.81 billion, marking a 47 per cent year-on-year increase, reflecting a renewed sense of confidence among investors, according to a report by real estate consultancy firm Vestian. As investments approach the billion-dollar mark in Q1 2025, the residential sector has … Read more
The 12 per cent safeguard duty imposed by India on certain categories of steel product imports is expected to halt most imports, effectively forcing buyers to shift to domestic suppliers, says a study by Global Trade Research Initiative (GTRI).It says safeguard duties with high threshold values will also push a price hike. “12 per cent … Read more
shares surged 6% to a day’s high of Rs 1,571 on BSE in early trade on Wednesday, after the IT major reported an 8% year-on-year (YoY) rise in net profit to Rs 4,307 crore for the fourth quarter of FY25, up from Rs 3,986 crore in the same period last year. Revenue from operations rose … Read more
Shares of slipped 4.8% to their day’s low of Rs 1,585.05 on the BSE after the company, while reporting its Q4 earnings, raised demand concerns for summer products like ACs. The company on Tuesday announced its Q4FY25 results, wherein it reported a 16.4% YoY jump in its net profit at Rs 522 crore. This is … Read more
Local industry leaders Hyundai Motor and Kia are expected to report increased sales but with shrinking operating profits in their first-quarter earnings results scheduled to be announced this week, a market analysis showed on Wednesday. According to the analysis of earnings forecasts from securities firms compiled by Yonhap Infomax over the past three months, Hyundai … Read more
Are you looking for relatively to invest for a few years? You can consider investing in Banking & PSU debt funds as these schemes have the mandate to invest at least 80% of their corpus in debt investments of banks, public sector undertakings, and public financial institutions. Mutual fund advisors say banking & PSU debt schemes … Read more
The domestic benchmark indices opened in green on Wednesday amid positive global cues, as buying was seen in the IT and auto sectors in the early trade. At around 9.32 am, Sensex was trading 536.4 points or 0.67 per cent up at 80,132.01 while the Nifty added 150.10 points or 0.62 per cent at 24,317.35. … Read more
Indian benchmark indices Sensex and traded higher for the seventh consecutive session on Wednesday, led by gains in IT and banking stocks. Sentiment improved on hopes of easing trade tensions after U.S. President Donald Trump said tariffs on Chinese imports would fall significantly following a deal, but not to zero. At around 9:19 am, the … Read more