Latest Updates Around The World
Shares of Union Bank of India rose as much as 8.3% to Rs 180 on the BSE on Wednesday after the state-owned lender reported a December performance that reflected an improvement in asset quality and steadier profits, with a 9% year-on-year rise in net profit and a sequential improvement in bad loans, easing concerns over […]
The quarterly rebalancing of the Nifty Indices, which will take place on December 30, is expected to lead to notable portfolio adjustments in several frontline indices including the Nifty 50 and Nifty Bank.This exercise, which involves aligning index constituents with updated free-float weights and revised methodologies, is likely to result in measurable inflows and outflows […]
Kaynes Technologies’ sharp 43% decline from its October peak, capped by a steep 12.5% ​​decline on Friday, has raised questions about whether the stock is approaching a reversal zone or sliding into deeper losses. While momentum indicators remain firmly bearish, the wide gap to the 200-day moving average signals potential mean-reversion opportunities for tactical investors.Edited […]
India’s top 10 dividend-paying stocks have failed to meet investors’ return expectations, underperforming not only the benchmark returns of the BSE Sensex and Nifty, but also the sector. Half of these counters are down double digits, down as much as 28% over a one-year period.At 7.5%, MSTC tops the list when it comes to dividend […]
Markets snapped their four-week winning streak to end slightly lower as profit booking and mixed global signals weighed in. While the tone remained largely positive and volatile during the early sessions, selling at the end of the week erased early gains. Sector performance remained mixed throughout the week. Metals, energy and real estate stocks posted […]
