Budget 2020

GameStop shares on track to triple for week as options trading spikes

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 […]

Budget 2020

Investors lose Rs 1,450 crore a minute on Sensex’s worst day since May

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 […]

Budget 2020

index funds: Why passive investing makes more sense for retail mutual fund investors?

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% […]

Budget 2020

How mutual fund investors can make the most of MFU’s scheduled transactions facility

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. […]

Budget 2020

After four-day fall, is the bull market intact on Dalal Street?

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 […]

Budget 2020

How Franklin mutual fund’s Rs 9122 cr repayment will be divided among closed scheme 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 […]

News Headlines

Heranba Industries IPO to open on Tuesday: Here’s all you need to know

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 […]