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25th Nov 2024
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
The Life Insurance Corporation of India (LIC) has increased its stake in LTIMindtree, boosting its holding to 2,08,34,009 equity shares, up from 1,49,06,665 shares. This move raises LIC’s ownership in the company to 7.034% of its paid-up capital, c
Tata Power and the Asian Development Bank (ADB) have signed an MoU (memorandum of understanding) to finance clean energy projects in India, totaling an estimated $4.25 billion. The collaboration focuses on supporting renewable energy projects and str
Shares of Protean eGov Technologies took a notable hit in the morning session on November 22, plunging by as much as 9%. This drop followed the National Stock Exchange (NSE) announcing plans to sell part of its stake in the company. Invest in I
The National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE) have introduced significant changes to their index derivatives framework. These updates focus on increasing the lot sizes for index futures and options (F&O) contracts