Budget 2020

Home, consumer loans from NBFCs to become cheaper

New borrowers of NBFCs and MFIs will have to pay lower interest from the first quarter of the new financial year 2021-22. Apart from new borrowers this interest rate reduction will also benefit individuals who have taken floating rate loans such as home loan from these lenders. RBI has released the latest average base rate […]

Budget 2020

Crompton Greaves Consumer Electricals Ltd. shares drop 1.42% as Sensex rises

Shares of the Greaves Consumer Electricals Ltd. traded at Rs 387.9 on BSE at 01:57PM (IST) on Thursday, down 1.42 per cent. The stock quoted a 52-week low price of Rs 196.4 and a high of Rs 455.6. Earlier in the day, the stock saw a gap down opening. At the prevailing price, the stock […]

Budget 2020

Rise in the number of women investors since pandemic began: Elearnmarkets

There has been a rise in the number of women investors since the pandemic began, says data from e-learning platform Elearnmarkets. The stock market is largely male dominated, but now women investors are gradually moving towards financial independence and promoting equal representation in this field. The platform, which focuses exclusively on providing financial education to […]

Budget 2020

Consumer sentiment worsened in the week after Budget: CMIE

The Index of Consumer Sentiments fell by 4.2% in the week after Budget reflecting worsening of household sentiments with more households feeling the economic situation would worsen both in the near future as well as over next five year, the Centre for Monitoring Indian Economy said. “A full week after the presentation of the Union […]

Budget 2020

Stocks in the news: Indigo Paints, HDFC, Tata Consumer, Indian Bank and Tata Motors

Nifty futures on the Singapore Exchange traded 97 points, or 0.68 per cent, higher at 14,455.50 in signs that Dalal Street was headed for a gap-up start on Tuesday. Here are a few stocks which may buzz the most in today’s trade: Indigo Paints: The paints makers looks set to make a strong market debut […]

Budget 2020

COVID-19 made India a leading mobile-first consumer economy: report

The massive digitisation that the country witnessed in 2020 triggered by the COVID-19 pandemic has catapulted India as a leading mobile-first consumer economy, according to InMobi’s Annual Mobile Marketing Handbook 2021, a document meant for digital marketers and brands globally. According to the report, titled ‘Marketing in the era of mobile’, India accounted for around […]

Budget 2020

Invesco India NFO: SIP in NFO of Invesco Global Consumer Trends FOF

MUMBAI: Investors looking to bet on the ongoing digital revolution in consumer spending could consider the New Fund Offer of Invesco India – Invesco Global Consumer Trends Fund of Fund. But, investing lumpsum in this product could be avoided at this juncture given the run up in shares of many of such companies. Wealth advisors […]

Budget 2020

Be super picky as market rotates into consumer stocks on vaccine hopes

Mini rotations are now in play and we will see more of that in coming weeks and months, says Chakri Lokapriya, CIO & MD, TCG AMC. BPCL has been sensitive to the news on the privatisation agenda. Energy as a basket and PSUs have been in focus. What could be the potential opportunities there?Energy has […]