Stocks

More young adults now prefer investing in stocks over mutual funds

Significant percentage of young adults are increasingly preferring to directly invest in equity markets rather than opting for the mutual fund route, a report has said. According to the report by Fin One, an initiative of fintech brokerage firm Angel One, 93 per cent of young adults are consistent savers, with the majority saving 20-30 per cent of their monthly income. Additionally, stocks have emerged as the preferred investment choice, with 45 per cent of respondents favoring them over more traditional options such as fixed deposits or gold, Fin One, an initiative of Angel One Ltd, said in its report. As much as 58 per cent of young Indian investors currently invest in stocks, while 39 per cent favor mutual funds. Safer options like fixed deposits (22 per cent) and recurring deposits (26 per cent) see relatively lower adoption, the brokerage firm said in its report. This indicates a balanced approach between high returns and stable savings among the youth, it said. The report d

Samvat 2081: Top 10 Diwali picks for stocks

Nvidia's stock skyrockets amid AI boom: Will Apple fall from the top?

Nvidia, which briefly held the title of the most valuable company in June, saw its market value surge to $3.39 trillion on Monday

Bandhan Bank's shares jump over 12% as key overhangs get resolved

The bank informed the exchanges that it has received RBI approval to appoint career PSU banker Partha Pratim Sengupta as MD&CEO of the bank for a period of three years

Tidal shift: BSE hoists the sails for Sensex's 'offshore' voyage

IFSCA's July nod opens the route for derivatives on the 30-share index: Sources

Warren Buffett's Berkshire halves stake in Apple, now has $270 bn cash pile

With the recent sell-offs, Warren Buffett-led Berkshire Hathaway has raised its cash position relative to total assets in the June quarter to 25 percent

Keeping close watch on competition, says Berger Paints India MD & CEO

Roy's comments come in the wake of the entry by the Aditya Birla group into the decorative paints segment

Paytm shares hit upper circuit on govt nod for investment in payments arm

The stock price surged on the back of reports claiming that the company had received the government nod to invest Rs 50 crore in its associate entity Paytm Payments Services Limited (PPSL)

Skydance reaches new merger deal to buy controlling stake in Paramount

The news sent Paramount shares up 9 per cent in after-hours trading

Bull market on steroids: June's record-breaking lift post LS result day low

2,425 stocks muscle their way to new peaks

Regulatory concerns key hurdle as pvt general insurance players gain share

The implementation of Ind-AS 117 and its assumptions on liability and other insurance-related changes in regulations could be a future cause of concern

Business and economic cycle funds: Dynamic style provides the edge

Business cycle funds invest in themes expected to do well over the medium to long term, such as digital businesses, prem­ium­isation of consumption, and urbanisation

Global stocks mostly lower following hotter-than-expected US jobs report

World stocks were mostly lower on Monday after a US jobs report released Friday came in hotter than expected, while the euro fell after French President Emmanuel Macron dissolved the National Assembly following a setback in Sunday's parliamentary election. Far-right parties made major gains in parliamentary elections Sunday, leading French President Emmanuel Macron to call a snap election. This caused the euro to drop to its lowest price in nearly a month. The euro was trading at $1.0766, down from $1.0778. The setbacks for incumbent parties cast a shadow across the region. The CAC 40 in Paris sank 1.7% to 7,866.87 and Germany's DAX lost 0.7% to 18,425.26. Britain's FTSE 100 declined 0.4% to 8,215.84 in early trading. The future for the S&P 500 shed 0.1% and that for the Dow Jones Industrial Average was down 0.2%. Markets in Asia ended mixed. In Tokyo, the Nikkei 225 index rose 0.9% to 39,038.16 after government data on Monday showed Japan's economy contracted at an annualized ...

FPIs take out Rs 14,800 cr from domestic stocks after election results

Foreign investors withdrew nearly Rs 14,800 crore from domestic stocks in the first week of this month, influenced by India's Lok Sabha election results and attractive valuations of Chinese stocks. The outflow came following a net outflow of Rs 25,586 crore in May on poll jitters and more than Rs 8,700 crore in April on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields. Before that, FPIs made a net investment of Rs 35,098 crore in March and Rs 1,539 crore in February, while they took out Rs 25,743 crore in January, data with the depositories showed. From a medium to long-term perspective, the direction of interest rates will remain a key driver for foreign investment flows into the Indian equity markets. According to the data, Foreign Portfolio Investors (FPIs) made a net withdrawal of Rs 14,794 crore this month (till June 7). The general election results in India significantly influenced foreign investor flows in Indian equity marke

Stable policy, revenue visibility, regulated margins triggers for NTPC

The receivables situation may become significant, given the prior history of the power sector

RBI's GDP projections, gains in IT stocks help Indian shares trade higher

The NSE Nifty 50 index was up 1% at 23,060 points and the S&P BSE Sensex added 1.2% to 75,941 points after the rate decision

Explained: What is pump and dump scheme in stock market and how to be safe

The pump and dump schemes are operated through recommendations shared through Telegram and other social media channels, resulting in public shareholders purchasing the stock at an inflated price

Highest-ever advancing stocks on BSE in April amid sharp rebound in markets

The previous high was 2,322 gainers recorded in January

Bharti Airtel issues shares worth Rs 246 crore to foreign debt bond holders

Bharti Airtel has allotted equity shares worth about Rs 246 crore to its foreign debt bond holders that are due for maturity in February 2025, according to a regulatory filing. The company had issued USD 1,000 million 1.50 per cent convertible bonds due 2025 in January 2020 that were convertible into company's fully-paid up equity shares. "We wish to submit that upon receipt of notices for conversion of FCCBs of principal value of USD 34,281,000 from certain FCCBs holder(s), the Special Committee of Directors for Fund Raising has, today i.e. on April 29, 2024, approved the allotment of 4,766,663 fully paid-up equity shares of face value Rs 5 each at a conversion price of Rs 518 per equity share to such holder(s) of FCCBs," Airtel said in the regulatory filing. Following allotment of equity against the foreign currency convertible bond (FCCB) the outstanding principal value of FCCBs at Singapore Exchange has reduced to USD 204.690 million. "Paid-up equity share capital of the compan

Changing complexion: Adani stocks now have prominent investor base

FPIs under question no longer have significant exposure to these stocks