Importance of fixed income schemes has been growing quite consistently: A Balasubramanian I also believe that the way the mutual funds have been playing the development role on the bond market, which I think is one of the most needed for the country as a whole, in addition to the equity market.2023-03-24T13:58:22+05:30 Invest in debt schemes before March 31 to enjoy indexation benefit: advisorsA note from a distributor told investors that ‘this is to inform you that FY 24 Budget amendment is proposing any capital gain made on investments made after April 1, 2023 in Non Equity MFs ( Funds which have more than 35 % investment in debt ) will not be eligible for Long Term Capital Gains benefits.â€2023-03-24T12:17:49+05:30 Indexation benefit available to debt mutual funds may goIndexation helps investors to bring down taxes as it calculates the taxes after accounting for inflation. In a high inflation environment, indexation brings down the taxes significantly.2023-03-24T09:35:53+05:30 E-wallets for investing in mutual funds should be KYC norms compliant: SebiThe Securities and Exchange Board of India, in its circular dated May 8, 2017, allowed the use of e-wallets for investment in mutual funds within the umbrella limit of Rs 50,000 for investments by investors, especially the young generation -- to purchase these instruments through both e-wallet and/or cash per mutual fund per financial year.2023-03-24T08:11:38+05:30 Want 100% flexibility in shifting between debt & equity? Sandeep Tandon has an answerQuant Mutual Fund has launched a Dynamic Asset Allocation Fund that provides 100% flexibility in shifting between debt and equity. The company aims to target a new investor audience, such as people who invest in FDs but are reluctant to take risks. They believe the new fund can generate extra alpha over FD returns and offer a similar low-volatility product with better taxation. The fund can be used as a debt tax savings product, while Sebi also allows exiting 100% from equity or participating in 100% debt. The fund aims to generate alpha opportunistically when extreme or special situations arise.2023-03-23T16:45:00+05:30 Can I sell my mutual fund investments, invest the money in ELSS?If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.2023-03-23T15:37:37+05:30 18 ELSS mutual funds beat their benchmarks in 10 years; offer 12-17% returnsELSS mutual fund category offered around 13.35% returns in the 10-year horizon. ETMutualFunds considered daily rolling returns in 10 years to to see whether these schemes managed to beat their benchmarks.2023-03-23T11:10:38+05:30 Axis Mutual Fund aims to raise Rs 50 crore from new ETF fund of fundsBy investing in a fund of funds, which offers asset diversification, investors may also benefit from lower risks as it follows a passive investment strategy.2023-03-23T08:29:07+05:30 Competition Commission clears LIC Mutual Fund-IDBI Mutual Fund dealDeals beyond a certain value require approval from the regulator, as it keeps a tab on unfair business practices in the market place.2023-03-23T08:22:37+05:30 Fed increases rates by 25 bps but signals hikes are near an endThe move set the U.S. central bank's benchmark overnight interest rate in the 4.75%-5.00% range, with updated projections showing 10 of 18 Fed policymakers still expect rates to rise another quarter of a percentage point by the end of this year, the same endpoint seen in the December projections.2023-03-22T23:38:58+05:30 8 small cap schemes offered more than 40% return in three yearsThe small cap category has faced a lot of volatility in the interim. The category delivered around 2.19% return in the last one year horizon.2023-03-22T11:07:22+05:30 Valuation risk minimal in largecaps; good time to start investing for long term: Harsha UpadhyayaMidcaps and smallcaps tend to feel the pinch more than largecaps during macroeconomic advents. This is despite valuation in the smaller caps also correcting. Some profit booking in midcap and smallcap stocks could occur in the nervous market but one should start nibbling back into increasing equity allocation to domestic equities, especially largecaps. Kotak AMC's CIO-Equity, Harsha Upadhyaya, believes the valuation risk remains minimal in largecaps, making them attractive to investors for long-term investments.2023-03-22T10:09:46+05:30 A Bala on why one shouldn’t worry about SIP cancellation, Adani debt exposureAditya Birla Sun Life AMC CEO A Balasubramanian says the firm’s exposure to the Adani Group has been paid on time or earlier than the due date. SIP cancellations might occur, however, the net number should remain positive moving forward. The upcoming election should see a positive outcome for the Indian market. Stocks in the consumption segment would be the least volatile with no earning negative surprises.2023-03-22T09:21:37+05:30 Why you should hurry to provide nomination details in old MF foliosAccording to regulatory guidelines, investors should have a nominee for all their mutual fund folios, or inform the fund house they do not wish to have one by March 31. Otherwise, their folios will be frozen for debits.2023-03-22T08:59:58+05:30 With yields seen peaking, investors can look at long duration funds"Concerns on growth and financial stability point to easier than expected monetary conditions. If this contagion in the global banking system continues, monetary policy will continue to be easy, making it a good time to allocate some money to long duration bonds with a 5-10 year maturity." says Sandeep Bagla, CEO, Trust Mutual Fund.2023-03-22T08:25:08+05:30 A win-win solution: A passive, hold-to-maturity, fully G-Sec productAs per Association of Mutual Funds in India (AMFI) data as of January 2023, individual mutual fund investors have 80% of their total mutual fund allocation towards equity schemes, and only 14% of the allocation is towards debt-oriented schemes.2023-03-21T13:04:04+05:30 Silver ETF: Should you buy it as silver prices soar?Silver ETFs also have an advantage over SIlver futures which are also traded on the exchanges. The former is traded on exchanges in the form of stocks, Solanki said. Trading in silver futures and for that matter any derivative is complicated while ETFs are much simpler to understand, he added.2023-03-21T12:53:48+05:30 NFO Watch: 20 new mutual fund offers open this week. Should you invest?Around nine fixed maturity plans (FMPs), five gilt funds, two ETFs and two fund of funds (FoF), and one ELSS and index fund scheme are open for subscription in the market.2023-03-21T12:15:22+05:30 Mutual funds to secure a monthly income of Rs 40,000If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.2023-03-21T10:32:04+05:30 Why should you consider investing in passives or index schemes?For some people investment is an activity where there is a lot of action all the time. They strongly believe that to get returns one needs to actively manage their portfolio and churn appropriately, says Suresh Sadagopan.2023-03-21T09:44:45+05:30 D-Street indices fall on back of weakness in global marketsThe NSE Nifty fell 111.65 points or 0.65% to close at 16,988.40. The BSE Sensex declined 360.95 points or 0.62% to end at 57,628.95. "It's the fear factor that the crisis in the developed market financial system will not end soon which is dragging down the market at the moment," said Siddarth Bhamre, head, research, Religare Broking.2023-03-21T07:29:39+05:30 Investors with 6-12 months horizon can consider money market fundsPuneet Pal, head - fixed income, PGIM India Mutual Fund, said he expected the US Fed to hike rates by 25 bps next week, but he pointed out the crucial aspect will be the future guidance.2023-03-20T15:46:26+05:30 Why is it the right time to invest in equity mutual funds?Is it the right time to invest in equity mutual funds? Why mutual fund managers/experts believe that it is great time or opportunity to invest in equity mutual funds?2023-03-20T12:45:40+05:30 The SMART way to define your financial goalsThe goals cannot be vague, such as ‘I will buy a house when I have enough money’. Goals should be ‘SMART’: specific, measurable, achievable, relevant and time-bound.2023-03-20T06:30:00+05:30 Constant Maturity Fund: 5 things to knowThis type of fund has huge interest rate risk as any change in the interest rate will impact the price of the bonds, which will impact fund returns.2023-03-20T06:30:00+05:30 Should you time your equity investments?Investing consistently is more than important than timing the markets.2023-03-20T06:30:00+05:30 Will these mutual funds help me to make Rs 15 crore?If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.2023-03-17T16:01:41+05:30 HDFC Mutual Fund launches HDFC NIFTY SDL Plus G-Sec Jun 2027 40:60 Index FundHDFC NIFTY SDL Plus G-Sec Jun 2027 40:60 Index Fund, an open-ended target maturity scheme, will close for subscription today. The scheme will re-open for continuous sale and repurchase within five business days from the date of allotment of units under NFO.2023-03-17T12:24:23+05:30 Mutual Funds buy hotels, entertainment, auto and cement stocksEquity mutual funds shuffled their holdings in banks and insurance in February as foreign investors trimmed their positions in these stocks as part of their broader sell-off in Indian equities. 2023-03-17T10:29:42+05:30 USD debt can be very attractive to diversify globally: Vishal Kapoor of Bandhan Mutual Fund"With this fund, an investment by an Indian investor will be made in INR locally into the Bandhan US Treasury Bond 0-1 Year Fund of Fund. Our fund will in turn invest into an overseas ETF that invests in US Treasury Bonds. Being a local investment, individual remittance limits and Tax Collected at Source (TCS) requirements under the LRS facility are not applicable," Kapoor said.2023-03-17T09:51:10+05:30 Bandhan Mutual Funds US Treasury Bond FoF offers niche dollar playThe US Treasury Bond 0-1 year Fund of Fund is an open-ended FoF that will invest in units of JPMorgan BetaBuilders US Treasury Bond 0-1 year ETF.2023-03-17T08:33:00+05:30 Sebi renews recognition to AMC Repo Clearing for one yearSecurities and Exchange Board of India (Sebi) granted recognition to AMC Repo Clearing Ltd in January last year.2023-03-16T15:11:31+05:30 Should I make changes to my mutual fund portfolio?If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.2023-03-16T13:31:47+05:30 Banking sector mutual funds lost around 9%. What should investors do?Are the recent troubles offer a great opportunity to invest in banking schemes?2023-03-16T11:19:53+05:30 Edelweiss to Merge Bharat Bond ETF 2023 with 2025As per the Income Tax, such mergers will not result in capital gain or loss for the merging schemes. They will be treated as a continuous investment into the next scheme.2023-03-16T09:11:45+05:30 What are the advantages of investing in target maturity funds?Target maturity funds are passively managed debt mutual funds that come with a specified maturity date and replicate the underlying index. 2023-03-15T09:53:22+05:30 Despite rising per capita income, SIP ticket size hasn't moved much in last 5 years: DP Singh, SBI Mutual FundThe Deputy MD of SBI MF, DP Singh, says that the SVB crisis in India will have a minimal impact on the Indian economy, and that the future is bright. Singh also says that the Indian economy is doing well, and that credit is improving. He says that the decoupling of the Indian economy from the US economy is no longer possible and that Indians are investing outside of India. 2023-03-15T09:31:58+05:30 Mirae Asset Mutual Fund launches Mirae Asset Nifty 100 Low Volatility 30 ETFNifty100 Low Volatility 30 Index is a Smart Beta ETF that aims to measure the performance of the low volatile securities in the large market capitalization segment. Smart Beta ETFs aim to potentially combine the benefits of both active and passive investing.2023-03-15T09:10:05+05:30 ICICI Prudential Mutual Fund launches of ICICI Prudential Nifty PSU Bank ETFThe NFO will close for subscription on March 15, 2023.2023-03-15T09:00:11+05:30 DSP Mutual Fund launches special hotline for womenWomen can give a missed call on 8657011333 if they want to learn more about mutual funds, investing or simply about how they can take their first steps toward building a financial plan, a press release said.2023-03-14T14:14:29+05:30 Best mutual funds to ride the volatile phase in the marketWhenever the market becomes volatile, many investors keep asking whether they can invest in some mutual funds that will help them to deal with the volatility better. Are there safe funds?2023-03-14T11:10:53+05:30 SBI Mutual Fund raises Rs 3,600 crore through dividend yield NFOThe NFO of SBI Dividend Yield Fund was opened between February 20 to March 6, and it will reopen for subscriptions on March 17, the company said.2023-03-14T09:24:53+05:30 Outflows in debt mutual funds continue, Rs 13,815-cr withdrawn in FebThe heavy withdrawal was seen from liquid funds. Debt funds continued to witness outflows at Rs 13,815 crore during the period under review.2023-03-14T09:23:18+05:30 Kotak Mutual Fund launches Kotak Silver ETF Fund of FundThe New Fund Offer is open for subscription and will close on March 27.2023-03-13T13:02:12+05:30 'Loan against mutual funds is economical, provides greater repayment flexibility'Loan against mutual funds units has existed in the past, but investors stayed away from it due to the tedious process like multiple visits to the branch, fulfilling KYC norms, and waiting for days to get the loan sanctioned and disbursed. 2023-03-13T10:09:46+05:30 Gold ETFs record Rs 165 crore inflow in FebGold ETFs, which track the domestic physical gold price, are passive investment instruments that are based on gold prices and invest in gold bullion.2023-03-13T08:48:14+05:30 Mutual fund industry being vilified baselessly, says AmfiBased on regular monthly fund disclosures, global mutual funds tracking firm Morningstar ranks India on top of 26 countries, said Amfi chief executive NS Venkatesh.2023-03-13T08:41:19+05:30 ICICI Prudential Long Term Equity Fund: Fund reviewGiven its growth tilt, the fund struggled last year, pulling down its otherwise decent return profile. Its new stance means it will deliver when market starts favouring growth businesses.2023-03-13T06:30:00+05:30 Consider equity mutual funds with low loss rates: 10 MFs with the lowest 1-year loss rateThe loss rate is defined as the number of time intervals of negative returns as a percentage of the total number of defined time intervals. This is calculated using rolling returns. 2023-03-13T06:30:00+05:30 Arbitrage mutual funds are making a strong comeback; what should investors do?Fortunes of arbitrage funds have changed in the past three months. These have clocked 1.7% returns over the past three months, even as liquid funds fetched 1.57%. ts, however, say ultra short term debt funds are a better option.2023-03-13T06:30:00+05:30
Daily Voice | Expect more challenges and MA activity in US EU banking space, says Sahil Kapoor of DSP Investment Managers Earnings growth and variability of earnings remains the key risks to markets.Fri, 24 Mar 2023 06:49:16 +0530 Daily Voice | Emerging risk factor to Indian equity market would be quality of upcoming monsoon season, says Unmesh Sharma of HDFC Securities The major challenge for equities in FY24 remains interest rate path volatility. Implied Fed funds rate and hike probabilities have been swinging almost every day at an unprecedented quantum. Stocks tend to underperform during such an uncertain environmentThu, 23 Mar 2023 07:24:26 +0530 Daily Voice | Don’t see an SVB-like collapse in India, be cautious in allocation to IT sector: Weekend Investing founder The repercussions of the slowdown in Nasdaq companies are yet to come through in earnings downgrades, and the prospects of Indian companies may be dented, says Alok Jain.Wed, 22 Mar 2023 10:52:24 +0530 Daily Voice | Don’t see an SVB-like collapse in India, be cautious in allocation to IT sector: Weekend Investing founder The repercussions of the slowdown in Nasdaq companies are yet to come through in earnings downgrades, and the prospects of Indian companies may be dented, says Alok Jain.Wed, 22 Mar 2023 10:52:24 +0530 Daily Voice | Pharma and IT could prove to be winners for Indian equity markets in FY24, says Raghvendra Nath of Ladderup Wealth The cement sector and a few consumer goods stocks can benefit from the current lower commodity prices, making them a good bet, he says.Tue, 21 Mar 2023 10:10:38 +0530 Daily Voice | Pharma and IT could prove to be winners for Indian equity markets in FY24, says Raghvendra Nath of Ladderup Wealth The cement sector and a few consumer goods stocks can benefit from the current lower commodity prices, making them a good bet, he says.Tue, 21 Mar 2023 10:10:38 +0530 Daily Voice | Pharma and IT could prove to be winners for Indian equity markets in FY24, says Raghvendra Nath of Ladderup Wealth The cement sector and a few consumer goods stocks can benefit from the current lower commodity prices, making them a good bet, he says.Tue, 21 Mar 2023 10:10:38 +0530 Daily Voice | Now valuations reasonable, India has more upside risk than downside, says this smallcase manager India is more resilient from bank runs as deposit base is distributed and there is more friction in larger transactions.Mon, 20 Mar 2023 06:38:42 +0530 Daily Voice | Now valuations reasonable, India has more upside risk than downside, says this smallcase manager India is more resilient from bank runs as deposit base is distributed and there is more friction in larger transactions.Mon, 20 Mar 2023 06:38:42 +0530 Daily Voice | Now valuations reasonable, India has more upside risk than downside, says this smallcase manager India is more resilient from bank runs as deposit base is distributed and there is more friction in larger transactions.Mon, 20 Mar 2023 06:38:42 +0530 Daily Voice | Why this investment veteran sees cost pressure on BFSI from both IT and banking The market seems to have corrected quite a bit, with good valued opportunities showing up.Sun, 19 Mar 2023 10:18:08 +0530 Daily Voice | Why this investment veteran sees cost pressure on BFSI from both IT and banking The market seems to have corrected quite a bit, with good valued opportunities showing up.Sun, 19 Mar 2023 10:18:08 +0530 Daily Voice | Buckle up for a bumpy ride, but don’t need to hit the panic button, says this investment professional The Fed#39;s rate hike path for 2023 is like walking a tightrope between battling inflation and avoiding a banking crisis.Sat, 18 Mar 2023 06:32:52 +0530 Daily Voice: This CIO recommends these 4 sectors in case of further market correction "In case of a correction, investors should focus on sectors/ themes which are likely to have reasonable steadiness on earnings front."Fri, 17 Mar 2023 07:23:15 +0530 Daily Voice | Chirag Mehta of Quantum AMC sees strong case for RBI to change monetary policy stance to ‘neutral’ The RBI might hike the repo rate by another 25-50 basis points. Though in Quantum MF#39;s opinion that would be overtightening and will likely reverse soon.Thu, 16 Mar 2023 07:19:37 +0530
Brent slides 2% amid concerns over health of banking sectorBanking stocks slid in Europe with Deutsche Bank and UBS Group hit hard by worries that the worst problems in the sector since the 2008 financial crisis have not yet been contained.2023-03-24T20:06:10+05:30 6 income tax saving ways for investors to optimise returns in NPS schemeNPS is a voluntary low-cost investment plan designed to enable people to plan for their retirement. One can invest in this scheme through systematic savings during his/her working lifetime. It is also an effective way to save on tax payouts.2023-03-24T20:03:33+05:30 Market Watch: Sensex, Nifty fall for 3rd week on STT hike on derivatives, banking concerns2023-03-24T19:54:40+05:30 Indian gold-dealers pump up discounts, China demand steadyPhysical gold dealers in India had to offer the biggest discounts in over a year to attract buyers who were deterred by record-high gold prices last week. There were concerns that festivities in Maharashtra and Karnataka would fuel the purchase of the commodity. In contrast, there was steady demand for gold in China, with premiums going down slightly as the banking crisis continued. Market uncertainty has given investors reason to rely on safe-haven assets, keeping the demand sturdy worldwide.2023-03-24T19:16:39+05:30 US stocks open lower as bank contagion worries riseThe Dow Jones Industrial Average fell 67.03 points, or 0.21%. The S&P 500 opened lower by 9.51 points, or 0.24%.2023-03-24T19:13:22+05:30 Euro zone bond yields fall on lingering financial stability concernsEuro zone yields fell as investors anticipate fewer rate hikes from the European Central Bank, while lingering banking stability concerns boost demand for safe-haven assets. German 10-year government bond, the bloc's benchmark, fell 10 basis points, to 2.08%, while the German two-year yield, which is most sensitive to policy rate expectations, fell 14 basis points to 2.34%. Investors have been trying to balance the expectation for a quick end to the Federal Reserve's monetary tightening cycle against remarks from ECB hawks calling for more rate hikes. Market focus will turn to next week's euro preliminary inflation reading for March, which may boost future rate hike expectations.2023-03-24T19:11:45+05:30 FinMin clarifies on confusion over STT hike following typographical error2023-03-24T19:00:57+05:30 7 stocks to get delisted from exchanges soon. Do you own any?2023-03-24T18:52:26+05:30 Gold climbs Rs 70; silver jumps Rs 520So far this week, gold prices have surged almost 2.50 per cent on the back of safe haven demand and traders expect US central bank may pause its rate hike cycle, Gandhi said.2023-03-24T17:47:08+05:30 Tech View: Nifty charts hint at downside towards 16,800 levels. What should traders do next weekThe recent fall has faded hopes of sustained recovery, and we might again end up seeing range-bound moves in the index. Needless to say, the major support is intact at 16,800 in Nifty. We thus reiterate our view to limit positions and maintain positions on both sides.2023-03-24T17:43:55+05:30 Zerodha’s new Demat account opening back to March 2020 levels: Nithin KamathThe reason is outside observers usually look at headline numbers of trading volumes and assume that broking is a huge opportunity with a large revenue pool that will grow forever. In reality, it's a cyclical business that tends to revert to the mean, the billionaire startup founder said.2023-03-24T17:24:40+05:30 Stock market update: Nifty Pharma index falls 0.22%The Nifty Pharma index closed 0.22 per cent down at 11755.35.2023-03-24T17:23:18+05:30 Stock market update: Nifty IT index falls 0.23%The Nifty IT index closed 0.23 per cent down at 27935.65.2023-03-24T17:18:01+05:30 Share market update: Most active stocks of the day in terms of traded valueThe NSE Nifty index closed 131.85 points down at 16945.052023-03-24T17:12:41+05:30 Stock market update: Power stocks down as market falls The 30-share BSE Sensex closed down 398.18 points at 57527.12023-03-24T17:07:27+05:30 Stock market update: Fertilisers stocks down as market falls The 30-share BSE Sensex closed down 398.18 points at 57527.12023-03-24T17:02:12+05:30 Share market update: Most active stocks in today's market in terms of volumeThe NSE Nifty index closed 131.85 points down at 16945.052023-03-24T16:51:51+05:30 ​Gainers and Losers: Campus Activewear, Emami among top stocks in limelight on Friday​Sensex fell 400 points to 57,527, while Nifty settled at 16,945, down 0.77% or 132 points.2023-03-24T16:48:41+05:30 Stock market update: Mining stocks down as market falls The 30-share BSE Sensex closed down 398.18 points at 57527.12023-03-24T16:46:39+05:30 Stock market update: FMCG stocks down as market falls The 30-share BSE Sensex closed down 398.18 points at 57527.12023-03-24T16:41:28+05:30 Seeing very solid demand for freshers in the market: TeamLease Edtech COO62% of employers are giving a strong indication of hiring freshers from sectors including IT, telecom, BFSI, FMCG, and any consumer-facing businesses, according to Jaideep Kewalramani, COO at TeamLease Edtech. Demand remains strong, but hiring sessions may be delayed or adjusted, given cyclical patterns in the market. While there is some softness in the market at certain levels, there is still enough demand to absorb all new talent coming onto the market, Kewalramani noted.2023-03-24T16:41:00+05:30 Stock market update: Stocks that hit 52-week highs on NSE in today's trade IZMO, Sterling Tools, Cyient, Nagreeka Capital and Binani Ind, hit their fresh 52-week highs during the day.2023-03-24T16:36:18+05:30 NSE rolls back 6% hike in transaction charges on equity and F&O tradesIn January 2021, the charges were earlier increased by 6% partly, to augment the investor protection fund trust.2023-03-24T16:35:29+05:30 Infosys veteran's tips for freshers entering IT industry in a time of layoffsFormer HR Head of Infosys, Nandita Gurjar, advises freshers to focus on building their skills and competence, and joining organizations that appreciate learning, rather than focusing on salary expectations. She also suggests that freshers can start their career in any industry, as every industry has become a tech industry. While layoffs may be happening in certain industries, there are also job opportunities available for freshers, depending on the skills they possess, and companies are hiring in different sectors.2023-03-24T16:31:00+05:30 Rupee erases weekly gains as banking worries come to foreIt seems traders are not comfortable with their risk exposures into the weekend as the moves in global markets have shown we may not be out of the woods on these banking issues, said a trader at a Mumbai-based bank.2023-03-24T16:29:03+05:30 Stock market update: Nifty Bank index falls 0.56%The Nifty Bank index closed 0.56 per cent down at 39395.35.2023-03-24T16:26:00+05:30 Stock market update: Sugar stocks down as market falls The 30-share BSE Sensex closed down 398.18 points at 57527.12023-03-24T16:15:44+05:30 Sensex plunges for 2nd straight day, ends 398 pts lower; Nifty below 16,9502023-03-24T16:15:39+05:30 Sensex falls! These stocks fell 5% or more in Friday's sessionIn the Nifty pack, 10 stocks closed in the green, while 40 stocks ended in the red. 2023-03-24T16:10:34+05:30 Sensex, Nifty fall for 3rd week on STT hike on derivatives, banking concernsThe 30-share BSE benchmark Sensex plunged 398 points or 0.69% to settle at 57,527. The broader NSE Nifty dropped 132 points or 0.77% to end at 16,945.2023-03-24T16:07:50+05:30 European stocks fall as Deutsche Bank leads rout in banksEuropean banks fell 4.5% and were set for their third week of declines, after the failure of U.S. midsized lenders and the turmoil at Credit Suisse highlighted growing risks to banks in the wake of tightening financial conditions.2023-03-24T16:05:53+05:30 Stock market update: Nifty Auto index falls 0.76%The Nifty Auto index closed 0.76 per cent down at 12113.4.2023-03-24T16:05:23+05:30 Deutsche Bank shares plunge, default insurance hits four-year highEuropean banks have had a rough ride in the last week with a state-backed rescue of Credit Suisse and turmoil among regional U.S. banks fuelling concerns about the health of the global banking sector.2023-03-24T16:01:47+05:30 How to be compliant & protect your crypto business from fraudIn today's world, our identity is not limited to our physical presence but extends to our digital footprint. Our digital identity represents ourselves in the virtual world, encompassing various aspects such as email addresses, phone numbers, social media profiles, and other online activities.2023-03-24T16:00:45+05:30 Stock market update: Stocks that hit 52-week lows on NSE in today's trade Bajaj Finserv, Bajaj Finance, Adani Ent., Tata Steel and Hindalco were among the top losers on NSE in today's trade.2023-03-24T16:00:11+05:30 Finance Ministry clarifies on confusion over STT hike on selling optionsUnder the new rules, option traders will have to pay Rs 6,200 for every Rs 1 crore worth of turnover as against Rs 5,000 that is being paid currently. This translates into a hike of around 25%.2023-03-24T15:44:42+05:30 Ashok Leyland HAL may be added to MSCI India Standard IndexThe brokerage firm does not expect any exclusions at this point in time in MSCI India Standard Index.In Friday's trade, Hindustan Aeronautics stock was trading 4.4% higher at Rs 2,608 on the BSE. In the last one year, the stock has also surged over 85%.2023-03-24T15:19:58+05:30 LTCG benefit removed for Debt mutual funds, FoFs & more2023-03-24T15:08:03+05:30 ​These 9 stocks held by over 100 MFs rose over 40% in FY232023-03-24T14:55:02+05:30 ​YES Bank among 5 stocks that saw target price cuts by KotakKotak Institutional Equities remains positive on Indian banks and see limited impact on them of the risks emanating from a possible global slowdown on lenders back home. We believe that Indian banks would fare reasonably better in this leg of the cycle, KIE said.2023-03-24T14:25:32+05:30 Chris Wood says India poised to outperform Asian & emerging market peersWood, in the latest edition of GREED & fear, highlighted that the valuation differential between India and China has reverted to its traditional mean after the huge 65% outperformance of MSCI China over MSCI India from the end of October 2022 to late January following the China re-opening.2023-03-24T14:21:17+05:30 Share price of Chola Inv Finance falls as Nifty weakens A total of 17,236 shares changed hands on the counter till 02:09PM (IST).2023-03-24T14:10:03+05:30 Importance of fixed income schemes has been growing quite consistently: A Balasubramanian I also believe that the way the mutual funds have been playing the development role on the bond market, which I think is one of the most needed for the country as a whole, in addition to the equity market.2023-03-24T13:58:22+05:30 Trent shares down 2.41% as Nifty drops A total of 11,026 shares changed hands on the counter till 01:54PM (IST).2023-03-24T13:54:25+05:30 Maruti Suzuki intends to become the number one player in SUVs in 2023-2024: Shashank SrivastavaMaruti Suzuki India, has announced that it will increase car prices from April due to rising commodity prices and regulatory requirements. While the company had previously implemented minor price hikes to balance demand during the Covid-19 period, it finds the recent price levels inadequate. Maruti Suzuki's Executive Director, Shashank Srivastava, revealed that the company plans to release 16 new brands in the upcoming years to fortify its product line and increase market share in the SUV sector.2023-03-24T13:49:16+05:30 Shares of Adani Power fall as Nifty drops On the technical charts, the 200-day moving average of the stock stood at Rs 296.74.2023-03-24T13:49:11+05:30 Jubilant Food shares drop 1.64% as Sensex falls A total of 62,084 shares changed hands on the counter till 01:43PM (IST)2023-03-24T13:43:53+05:30 Godrej Consumer shares gain 0.28% as Sensex falls A total of 5,631 shares changed hands on the counter till 01:38PM (IST)2023-03-24T13:38:41+05:30 Crypto Price Today Live: Bitcoin rises above $28,800; Litecoin, Tron surge up to 8%The total volume in DeFi is currently 4.31 billion, 7.94% of the total crypto market 24-hour volume. The volume of all stablecoins is now $49.85 billion, which is 91.78% of the total crypto market 24-hour volume.2023-03-24T13:37:18+05:30 Shares of ICICI Pru Life rise as Nifty drops On the technical charts, the 200-day moving average of the stock stood at Rs 493.3.2023-03-24T13:33:33+05:30
