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NEW DELHI: Reliance Jio Infocomm has a message for Bharti and (Vi) stock investors. The message, analysts said, is: the wait for tariff hikes can be prolonged. Jio along with Reliance Retail has rolled out its ‘New JioPhone 2021’ offer starting March 1 in a bid to upgrade 30 crore 2G subscribers to 4G services. […]
Shares of GameStop Corp jumped more than 10% on Friday, putting the video game retailer’s stock on pace to triple for the week in a renewed rally that has left analysts puzzled. GameStop shares hovered around $105 in late-morning trading, off 3%, but are up nearly 200% for the week to date despite a broader […]
NEW DELHI: After more than six hours of bloodbath on Dalal Street, the aftermath was scary: Rs 5.43 lakh crore of investor wealth wiped out. All Nifty stocks slid in the red. Benchmark indices suffered their biggest single-day fall since May 4, 2020. In essence, investors lost Rs 1,450 crore of wealth every minute on […]
Retail investors tend to be attracted to the equity markets, not only due to the feeling of being part-owners of large companies but also because investing in equity shares can help beat the inflationary pressure by delivering a higher rate of return as compared to other havens. S&P BSE Sensex has generated more than 16% […]
Mutual fund investors who use the mutual fund utilities (MFU) platforms can schedule their transactions to purchase, switch or redeem funds. The advantage of this facility is that it allows the unit holders to carry out transactions immediately from the next business day, instead of a lead time of T+15 days with a mutual fund. […]
MUMBAI: The post-Budget party on Dalal Street may be over for now as market participants prepare for further pain next week ahead of the expiry of the February derivative series amid the ongoing turmoil in the domestic bond market. Keen observers pointed to the unrest in the government bond market that’s creating uncertainty among investors […]
NEW DELHI: Good news for some of the investors in the six schemes closed down by Franklin Templeton Mutual Fund in April 2020. The fund house will pay out the cash holding in five of the six schemes to investors in accordance with the Supreme Court verdict on the matter. Investors in the India Low […]
NEW DELHI: The initial public offer (IPO) of Heranba Industries will open for subscription on Tuesday, during which the company will seek to raise Rs 625 crore from primary markets. The issue mostly comprises share sale by promoters and shareholders but the company will also issue fresh shares. The company plans to use the proceeds […]