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Rs 8,00,000 One-time Investment in Mutual Funds: Mutual funds are a prominent investment option for investors who want to invest in equity, commodity, and diversified assets. Funds invest in stocks, international funds, sovereign and corporate bonds, gold, silver, commodities, etc. In equity, they invest in a number of stocks, leading to the diversification of the…
India’s economy is picking up steam—and foreign investors are sitting up and taking notice. Morgan Stanley has made a slight boost to its growth estimate, now forecasting GDP growth of 6.2 per cent in FY26 and 6.5 per cent in FY27. The upgrade is due to more resilient-than-anticipated domestic demand, a widespread rebound in urban…
Rupee consolidated in a narrow range and settled down by 1 paisa at 85.59 (provisional) against the US dollar on Wednesday. The modest decline was driven by dollar demand from importers and foreign banks, coupled with a surge in crude oil prices. Forex traders noted that market sentiment soured due to rising US Treasury yields…
The stock had closed at Rs 890 on Wednesday, and while brokerages have recently reduced target prices, they still see room for a substantive upside — provided investor hopes match up with management’s revised guidance. Jefferies lowers target to Rs 1150, but maintains ‘Buy Jefferies reduced its 12-month target on Zydus Lifesciences to Rs 1150…
InterGlobe Aviation, which owns and operates the IndiGo airline, on Wednesday reported a net profit of Rs 3,073 crore for the quarter ended March 31, marking an increase of 25.8 per cent compared with the previous quarter. The quarterly net profit far exceeded analysts’ expectations. The airline operator’s revenue for the March quarter grew 0.2…
Delhi [India], May 21: In the hectic, dynamic work environment of today, where comfort and efficiency coexist, the perfect office chair is the need of the hour. Seeing the increasing demand for the same, Wooden Street, an Indian luxury custom furniture high-end brand, has developed a new line of office chairs with an ideal balance…
IndiGo, a leading airline, on Wednesday, May 21, announced its global expansion with the launch of its first-ever service connecting Mumbai and Manchester. From July 1, 2025, the airline firm will be the only one to offer nonstop flights between India’s financial capital and Northern England. The new route will operate three times a week…
Google I/O 2025: Tech giant Google hosts several events around the world throughout the year, but its biggest event is I/O. Like every year, this time too, this two-day event is taking place in Shoreline Amphitheatre, California. However, its dates are 20-21 May for this year. At its I/O 2025 conference, Google made several major…
On May 14, the Nifty PSE Index closed above 200-day Double Exponential Moving Average (DEMA) for the first time since 30th August 2024, signaling a shift in the primary trend from negative to positive. The breach of this level signals suggests bulish trend and potential for further upward momentum. Kunal Kamble, Sr. Technical Research Analyst at Bonanza…
Hindalco shares took centre stage on Dalal Street on Wednesday after the Mumbai-headquartered metal company staged its financial results for the quarter as well as the year ended March 31. Brokerages maintained their largely positive views on the private sector company after the earnings announcement, with their targets ranging from Rs 720 to Rs 850,…
