NEW DELHI: Around 45 stocks fell to touch their 52-week lows on NSE in Wednesday’s session. Among the stocks that touched their 52-week lows were Sterling And Wilson Solar, Allahabad BankNSE -2.41 %, Teamlease Services and Ramco SystemsNSE -2.39 %. Deccan Cements, HT Media, Power Mech…
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India’s stock market hit by slowdown woes
India’s stock market performance turned negative in all popular time frame. Either you take five days, a month, three months or a year, the Bombay Stock Exchange (BSE) delivered a negative return, thanks to deepening slowdown, especially the plunge in…
Read MoreStep up your SIPs in these mutual funds to benefit from the market correction
The benchmark Nifty 50 is down almost 8% over the past month and about 3% for the past year. Mutual fund investors have been subjected to a painful correction. Returns over longer time periods are also sluggish. The Nifty 50…
Read MoreIndian stock market seen wobbly as US tariffs on China spook global equities
Mumbai: Indian equities will likely remain under pressure on Friday, tracking weakness in global peers amid an escalation in the US-China trade war. Stock markets in Asia took a beating on Friday as investors scrambled for safe-haven assets after US President Donald Trump said…
Read MoreStock market update: 145 stocks hit 52-week lows on NSE
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…
Read MoreThe 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…
Read MoreIndian 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…
Read MoreAfter 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…
Read MoreNo 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,…
Read MoreSundaram 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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