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26th Nov 2024
Indian billionaire and co-founder of the Essar Group, Shashikant Ruia, passed away on Tuesday at the age of 81. The Ruia family and the Essar Group expressed their profound grief over his demise, remembering him as a visionary leader who touched coun
Shares of InterGlobe Aviation, the operator of IndiGo, climbed over 1% to ₹4,295 on November 26, following the airline achieving its highest market share of the year at 63.3% in October. Adding to its momentum, IndiGo announced a codeshare partners
25th Nov 2024
The DSP Business Cycle Fund Direct (G) is an open-ended equity thematic fund launched on November 27, 2024, with a minimum investment of ₹100. Managed by Charanjit Singh, the scheme aims to provide long term capital appreciation by dynamically allo
This report offers an in-depth analysis of the performance of recently listed IPOs, focusing on stock price trends during the first ten days post-listing. It delves into quarterly results and evaluates sectoral performance to provide investors with v
Kosamattam Finance Limited, a non-deposit-taking NBFC (non-banking financial company) that specializes in gold loans, has been known to periodically roll out Non-Convertible Debentures (NCDs) with appealing interest rates. For example, in July 2024,
Union Active Momentum Fund Direct (G) is an open-ended thematic equity scheme launched by Union Mutual Fund, aiming to generate long-term capital appreciation by investing in stocks exhibiting strong momentum. The fund leverages a proprietary momentu
Indian stock markets experienced a remarkable rally on Monday, with the Sensex surging by more than 1,200 points and the Nifty gaining nearly 400 points. This boost came amid strong performance across all sectors, including a notable recovery in Adan
Shares of Reliance Industries surged by up to 3% on November 25 after Citigroup analysts upgraded their rating for the stock to "buy" and raised the price target to ₹1,530. This adjustment suggests a 21% upside from Friday’s closing price. Citi h
Shares of Railway PSUs, RITES Ltd. and Rail Vikas Nigam Ltd. (RVNL), increased significantly on Monday, November 25. This surge happened after the companies provided updates on major project orders received by them. RITES climbed approximately 12.6%,
Zomato shares shot up by 6% in early trading on November 25, thanks to two big wins—it is being added to the 30-stock Sensex and getting approval for its massive ₹8,500 crore Qualified Institutional Placement (QIP). Invest in Indi
22nd Nov 2024
The primary objective of the Franklin India Long Duration Fund Direct(G) is to generate consistent returns by strategically investing in debt and money market instruments, ensuring the portfolio's Macaulay duration exceeds 7 years. This approach aims
The Axis Momentum Fund – Direct (G) is designed to offer investors an opportunity to achieve longterm capital appreciation by investing in a diversified portfolio of equity and equityrelated instruments. The fund actively identifies companies that