Although the banking sector has lagged behind the Indian benchmark Nifty index over the past 6 to 12 months, it is well-positioned for substantial long-term growth, driven by India’s largely underbanked population. In 2024, the Nifty Bank index has risen over 8 percent year-to-date, trailing the benchmark Nifty’s almost 13 percent increase. Meanwhile, over the … Read more
The stock hit its record high of ₹1,199.35 and its market cap crossed $100 billion in intra-day deals today. The stock has now risen over 33 percent from its 52-week low of ₹898.85, hit on October 26, 2023. “While we estimate margins to remain range-bound in the near term, the operating leverage is emerging as … Read more
The benchmark Nifty has surged over 4 percent in June, reaching around the 23,500 mark and setting multiple new highs along the way. With high valuations for most stocks and no significant correction in sight, investors may find it challenging to determine where to invest. To address this, brokerage house BP Wealth has released 7 … Read more
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 your current assessment of the … Read more
Morgan Stanley’s latest report on chemical stocks reflects cautious sentiment, foreseeing ongoing challenges for the sector in the near term. It believes that the chemicals sector is still not out of the woods and advises remaining on the sidelines until an earnings upgrade cycle occurs. The brokerage also expressed a preference for commodity chemicals amidst … Read more
Investors need to open a demat account with a Depository Participant (DP), which acts as a bridge between an investor and a depository. There are two major share depositories in India: NSDL (National Securities Depositories Limited) and CDSL (Central Depositories Services Limited). Both are registered with the government and incorporated by market regulator SEBI. They … Read more
Physical shares can be dematerialised if they have the company’s name and face value on them. To verify the physical share certificate, visit bseindia.com and enter the company name or ISIN. If the face value on the certificate does not match the current face value, clients should contact the Registrar and Transfer Agents (RTA) to … Read more
A loan against demat shares is a great borrowing option due to the following factors: Easier with the same financial institution: Applying for a loan from the same financial institution that holds your demat account can make the process smoother. The institution already has your shares as collateral, which streamlines the disbursal process. It’s important … Read more
Dividends play a significant role in generating income for investors in stocks or mutual funds. Dividends signify a fraction of a company’s profits shared with its shareholders. This allocation is influenced by multiple factors, encompassing earnings, financial health, and corporate strategies. Companies often declare dividends periodically, whether quarterly or annually, reflecting their commitment to distributing … Read more
Apart from the above two, EMudhra, Swan Energy, Vadilal Industries, Capacite Infraprojects, Dhani Services, Praj Industries, Force Motors, Sapphire Foods India, Artemis Medicare Services, Skipper, JSW Holdings, Varroc Engineering, BEML, Finolex Industries, Cochin Shipyard, Novartis, Chalet Hotels, among other smallcaps logged a double-digit rise in their share prices last week. Also Read: FPIs pump ₹38,098 … Read more