NEW DELHI: Around 145 stocks fell to touch their 52-week lows on NSE in Friday’s session. Among the stocks that touched their 52-week lows were Aban Offshore, Atlas Cycles, Balaji Telefilms, Bayer Cropscience, Biocon, Borosil Glass Works, Central Bank of…
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The Moneycontrol Show │ Tax planning, new ITR forms, market strategies
It’s the new financial year and it’s definitely a great time to plan your finances and investments. Gautam Nayak, prominent chartered accountant helps us kick start our tax-planning by explaining the various deductions we can get for expenses. The tax…
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Indian stock market keeps raising the bar as bulls party
The biggest quarterly foreign inflow in six years. About $370 billion in value gained. And now, India’s stock marketjust hit a record high — its first in seven months. The equity benchmark index for the world’s second-largest emerging market rose 0.5 per cent…
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After Market: 147 stocks signal bearishness; realty bucks trend
Domestic equity benchmarks BSE Sensex and NSE Niftyslipped over half a per cent in Friday’s trade after Fitch Ratings cut India’s GDP growth projection for next financial year to 6.8 per cent from 7 per cent earlier on weaker-than-expected growth momentum. Snapping its…
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No relief for struggling bond market as RBI seen tightening money tap
Reserve Bank of India is seen curtailing its support for the bond market, dashing hopes of relief for investors reeling under two straight months of declines. The central bank may buy ₹1.7 trillion ($24 billion) of debt in the year starting April 1,…
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Sundaram cancels dividend for small-cap fund after market crash
Fund houses cannot promise dividend to unitholders. It can be paid as and when the fund house books profits. Sundaram Mutual Fund has cancelled the dividend in its Small Cap Fund citing “non-availability of distributable surplus” to pay its unitholders. The…
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