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Lok Sabha Election 2024: Investors not overinvested in equities need not do much currently apart from some review or rebalancing, says Deepak Jasani, Head of Retail Research, HDFC Securities. Post swearing in of new government and roll out of policy announcements, investors may return to equities. Continue Reading »
Top Stock Recommendations: Dharmesh Shah of ICICI Securities has recommended two stocks to buy this week - State Bank of India (SBI), and NTPC . Continue Reading »
Over the last 3 months, the stock market has been buoyant with an average estimate of 375 seats for NDA, based on the pre-election polls. However, as the voting progressed phases, the forecast moderated from the 350- 400 range to 300- 350 seats. Continue Reading »
According to Samir Arora, founder of Helios Capital, FIIs are likely to make up over $16 billion, expecting the market to rally around 2 per cent on Monday, June 3. Continue Reading »
As per a RBI report, the foreign exchange reserves are sufficient to cover around 11 months of projected imports of the countryAs per a RBI report, the foreign exchange reserves are sufficient to cover around 11 months of projected imports of the country Continue Reading »
Along with RIL, TCS and Infosys, other firms whose m-cap declined include ITC, Life Insurance Corporation (LIC), Hindustan Unilever Ltd, Bharti Airtel and ICICI Bank. Continue Reading »
The Nifty is likely to open 2.5-3% higher on Monday after exit polls signalled a clear mandate for the BJP-led NDA in the Lok Sabha election.Foreign institutional investors and proprietary traders, however, might be left scurrying to cover their short positions that are hedges Continue Reading »