Mutual funds increase weightage in technology, metals, consumer durables sectors

New Delhi (IANS) In August, mutual funds showed an interest in technology, metals, consumer durables, and chemicals leading to a month on month rise in their weights, according to a report by Motilal Oswal Financial Services.

Conversely, private…

More pain likely in small and mid-cap stocks

New Delhi (IANS) Market experts have been repeatedly warning of froth in the mid-and small-cap segments.

And, the fear of sharp correction in this space has finally happened with 4.10 per cent correction in the Nifty small-cap index and 3.07…

Retail inflation slides to 6.83% in August

New Delhi (IANS) India's retail inflation measured by consumer price index (CPI), fell to 6.83 per cent in August against 7.44 per cent in July, as food inflation lowered to 9.94 per cent in August from 11.51 per cent in July.

The retail…

SpiceJet disburses Rs 100 cr to Kalanithi Maran as part of arbitral award

New Delhi (IANS) SpiceJet has paid Rs 100 crore to Kal Airways promoter Kalanithi Maran, as part of a Rs 380 crore arbitral award order, following a directive from the Delhi High Court, instructing the low-cost airline to fulfill the payment obligation.

India, Saudi Arabia to set up investment promotion offices in respective nations

New Delhi (IANS) Under the India-Saudi Arabia investment forum 2023, both the nations have decided to set up investment promotion offices in their respective nations.

This would encourage Saudi sovereign wealth funds to consider direct investments…

Coal India to invest Rs 24,750 crore on eco-friendly transportation

Chennai (IANS) Public sector major Coal India Ltd (CIL) has chalked out Rs 24,750 crore investment for eco-friendly transportation of coal on 61 first mile connectivity (FMC) projects.

The three phased investment project when completed will…

Strong bull run has further scope of upside movement in coming days

New Delhi (IANS) Nifty witnessed a strong session to create history touching the psychological and important 20,000 landmark during the intraday session ending on a positive note with much upside potential visible from here on till 20,400 levels as…

Nifty covered 1000-point journey from 19K to 20K in 52 trading sessions

New Delhi (IANS) Nifty covered the 1000 point journey from 19000 to 20000 in 52 trading sessions and this positive momentum is likely to continue going ahead as well, says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

Nifty breaches 20K for first time

New Delhi (IANS) Nifty has finally managed to touch the much anticipated 20,000 mark in the second attempt post July 2023, said Dhiraj Relli, MD & CEO, HDFC Securities.

Robust flows from the local investors amidst mixed and negative flows from…

realme democratises trailblazing 5G with realme narzo 60x 5G

New Delhi (IANS) Our ability to connect, interact, and consume content has completely changed with the introduction of 5G technology. It is now the primary driver of the worldwide digital change that we are now seeing.

Unprecedented connectedness,…