The prospects for global recovery amid progress with Covid-19 vaccines has caused investors to shift focus from defensive growth stocks to cheaper economically sensitive shares
2 min read8 Dec 2020After a bumper rally triggered by corp tax cuts on 20 September, markets had turned volatile ahead of Q2 earningsThe Bankex rose 3.67%, with State Bank of India, ICICI Bank, HDFC Bank and Kotak Mahindra Bank rising 3-5%
2 min read9 Oct 2019Dow Jones fell 0.81% to 25,081.65 points, S&P 500 lost 0.75% to 2,701.82 and Nasdaq dropped 0.9% to 7,136.39
2 min read15 Nov 2018A chilling combination of reasonspast defaults, present insecurities and uncertain future expectationshas markets spooked and it will require more than empty assurances to restore confidence
3 min read25 Sep 2018Sebi is looking into whether brokers and investors colluded during the sharp sell-off and subsequent recovery in financial stocks, including DHFL and Yes Bank
1 min read24 Sep 2018Sebi is looking into whether brokers and investors colluded during the sharp selloff and subsequent recovery in financial shares
1 min read24 Sep 2018The selloff in NBFC stocks continued on Monday, despite the government and regulators stepping in to check the panic
2 min read24 Sep 2018Mutual funds locked in gains in financial stocks the most among the top stocks in January, taking advantage of the run-up in the pack and record high levels in the overall market
1 min read19 Feb 2018Five of the top 10 holdings of MFs were financials, ruled by private lenders HDFC Bank and ICICI Bank, according to data from Morningstar
2 min read26 Jan 2018Axis Bank was the most bought stock by domestic asset managers, followed by HDFC and HDFC Bank
2 min read21 Nov 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared