Top-performing India hedge fund says stocks have risen too fast
newslivenation A top-performing Indian hedge fund that was daring ample to load up native shares inside the depth of the March selloff is now turning cautious on the nation’s stock market…
Economy
India’s corp bond market is finally drawing interest
India’s authorities bond market has remained shallow whereas the corporate bond market has been restrictive to members. Several committees have tried to try protection modifications, nonetheless have met with little…
NPCI forms subsidiary for venturing into global markets
MUMBAI : The National Payments Corporation of India (NPCI) on Wednesday launched the launch of a subsidiary for its worldwide improvement ambitions. The subsidiary, NPCI International Payments Ltd (NIPL), will…
Apple becomes first US company to be worth $2 trillion
Apple Inc turned the first publicly listed U.S. company with a $2 trillion stock market worth on Wednesday, as Wall Street consumers put aside challenges to its iPhone ecosystem in…
Global Markets: Shares gain as Wall Street record outweighs jitters over growth
LONDON : European shares gained flooring on Wednesday as a record extreme on Wall Street outweighed simmering worries over a resurgence in coronavirus cases that may undermine a nascent restoration.…
Why HDFC AMC investors have fared far worse than the average equity investor
While equity mutual fund investors had a harrowing time in March and debt fund investors had been hit in various courses in April, they have by and big survived the…
Gold’s appeal makes Muthoot shine in Q1 but Street wants sustainable growth
Shares of gold-loan financier Muthoot Finance Ltd have surged 62% this 12 months, driving on the stellar rise of gold in opposition to which the company lends money. On Wednesday,…
Mint50: Hand-picked mutual funds to build your portfolio
We have hand-picked 50 mutual funds for your portfolio which have jumped by means of hoops of nice returns, low menace, good portfolio hygiene and our private qualitative evaluation. We…
Increasing exposure to eastern India could be a double whammy for Ramco Cements
MUMBAI: Cement volumes fell 40-50% year-on-year for most firms primarily based in south India throughout the June quarter. But throughout the case of Ramco Cements Ltd, they fell at a…
Analysts remain bullish as Nifty ends near 6-month high after 3 days of gains
Indian shares closed elevated for a third consecutive session as we communicate with heavyweight RIL predominant the gains after taking a majority stake in e-pharma portal Netmeds. The NSE Nifty…
Future Group firms hits 5% upper limit on hopes RIL deal could be clinched soon
Mumbai: Shares of Future Group firms hit their upper circuit of 5% on Wednesday as merchants hoped {{that a}} deal with Reliance Industries Ltd (RIL) could be expedited after Reliance…
OPEC+ meets to review compliance with oil cuts
DUBAI/LONDON : OPEC oil producers and allies resembling Russia, a grouping dubbed OPEC+, meets on Wednesday to review compliance with oil cuts meant to assist oil prices amid the coronavirus…
Resurgent farm sector keeps up volume momentum for Balkrishna Industries
Balkrishna Industries Ltd is withstanding the current enterprise downturn increased than mainstream tyre producers. Shares of the specialised tyre producer hit a model new 52-week extreme these days, rising 37%…
Union Mutual Fund launches Medium Duration Fund
Union AMC has launched the Union Medium Duration Fund, an open-ended medium-term debt scheme investing in units such that the macaulay size of the portfolio is between three to four…
IRB Infra shares surge 16% as company gets ₹74 crore arbitral award
MUMBAI: Shares of IRB Infrastructure Developers jumped 16.3% on Wednesday after the company acquired a unanimous arbitral award of ₹73.86 crore for one in every of its earlier tasks in…