There was finally a piece of good news flowing in from the US and it was in the form a sharper than expected fall in the rate of consumer inflation. Till June 2022, the consumer inflation was on consistently moving up before it finally peaked in the

It is not often that public sector banks caught the fancy of Rakesh Jhunjhunwala. The many may be no more but his legend lives on. One such public sector bank that Rakesh had picked up quite aggressively more than a year back in 2021, was Canara Bank

Vimta Labs has surged nearly 25 this month amid strong buying activity from the institutions. The October month is historically considered to be a bullish month for the Indian market. Currently, the markets are jittery amid soaring inflation, agg

Would food inflation come down if the price of pulses and cereals come down. In the last few months, the price of cereals had gone up after the Kharif output fell and the lower acreage resulted in a spike in the price of cereals like rice and wheat.

It is official and it has now got the approval of the regulator; the Securities and Exchange Board of India (SEBI). The proposed merger between HSBC AMC and L&T Mutual Fund of India will create another significantly large asset management company

The anchor issue of Electronic Mart India Ltd saw a robust response on 03rd October 2022 with 30 of the IPO size getting absorbed by the anchors. The announcement was made late on Monday. The IPO of Electronic Mart India Ltd opens on 04th October 20

On 29th September, the Securities & Exchange Board of India (SEBI) permitted Foreign Portfolio Investors (FPIs) to participate in the exchange traded commodity derivatives (ETCD) segment to increase depth and liquidity in the market. One question

There is good news on the macro front. The government at the centre has decided to cut its borrowing target for the second half of FY23 (H2-FY23) by Rs10,000 crore. Actually, it was estimated that the borrowings in the second half may go up because t

RBI announced the October 2022 monetary policy on 30th September, hiking the repo rates by another 50 basis points, along expected lines. Just look at the string of repo rates hikes done by the RBI. It hiked repo rates by 40 bps in May, 50 bps in Jun

Torrent Pharmaceuticals will acquire 100 stake in Curatio Healthcare for a consideration of Rs2,000 crore. Curatio has cash and cash equivalents on its balance sheet of Rs115 crore , so the effective enterprise valuation of Curatio comes to the net

The Nifty opened flat and traded mostly sideways during the day. Barring the first hour volatility, the whole day it traded in just 70 points range. It formed a lower low candle and sustained below the 20DMA for the second day. The index almost teste

One of the top investment houses in the world, Goldman Sachs, has turned cautious on the Indian IT sector. The margin problems at IT were there for some time, but that is not the reason Goldman is worried about this sector. The concern is over the to