One of the best gauges of retail participation in mutual funds is folio numbers. Now, folios are not unique to individual investors but only unique to AMCs. For instance, an individual investor with investments in 5 AMCs would have 5 folio numbers.

In 1969, when the then prime minister Indira Gandhi nationalised all the country’s private sector banks, no one would have imagined a day when an Indian lender would be valued among the top 10 in the world. But that is exactly what would h

At 11 am on Monday, headline indices Sensex and Nifty were shocked by a 2 fall in the levels, amidst higher dollar appreciation and rising crude oil prices. The markets fell as the FED Chairman said that he might hike the interest by 50 bps ins

Panama Petrochem Limited manufactures and exports petroleum speciality products that include mineral oils, liquid paraffin, transformer oils, petroleum jellies and ink oils. The stock of Panama Petrochem had jumped over 3 and marked a

The Nifty has formed a bear candle on the weekly chart. With this, the previous week's Doji candle got the confirmation of its bearish implications. As it formed, most bearish candles, with very tiny shadows, it is a bad omen for the market and 18114

HDFC Bank reported a 23 year-on-year growth in standalone net profit for the fourth quarter, as provisions for possible bad loans declined and asset quality improved. India’s largest private-sector bank said net profit for the quarter ended Mar

Infosys Ltd, India’s second-largest software services provider, reported a 2.1 fall in consolidated net profit to Rs 5,686 crore for the January-March quarter from Rs 5,809 crore in the October-December period. The company missed most of the es

India's domestic sales of automobiles hit a decade low of 1.75 crore units in FY22 due to both supply and demand factors. While four-wheelers felt the pinch of chip shortages, as seen in long-waiting period for most car models, the two-wheeler segmen

Tata Steel gains in today’s intra-day trade because of the following reasons. Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 33 million tons per annum. It is one of the world’s most geographical

Domestic equity bourses Sensex and Nifty gave up early gains in a choppy trading session amid a mixed trend in global markets. Selling in IT and select financial names dragged the headline indices lower, though buying in oil & gas and metal stock

GMM Pfaudler, IDBI Bank, and IGL have witnessed volume burst in the last 75 minutes of the trade. As the saying goes, the first, as well as the last hour of each trading session, is the most important and active in terms of price &&n

The LIC IPO has had a rather charmed and erratic life. It started off with a lot of fanfare about 2 years back, but the entire process got delayed by the pandemic. By the time the approvals had come through, the valuations were down and the govern