LVMH shares plunged after sales of fashion and leather goods fell for the first time since the pandemic, revealing the scale of the slump in demand from once insatiable Chinese consumers. Continue Reading »
Gold with 99.5% purity surged by ₹250, reaching a new record high of ₹78,500 per 10 grams, compared to the previous close of ₹78,250 per 10 grams. Continue Reading »
In Q2 FY25, mutual funds raised their stake in Delhivery to 24.91%, a rise from 19.05% in June. Notable funds that increased holdings in Delivery include SBI and Mirae Asset. Despite share recovery, Delhivery's stock trades below its IPO price of ₹487. Continue Reading »
Expert view: Mihir Vora, CIO of TRUST Mutual Fund, predicts a low-rate regime is unlikely due to persistent inflation. He highlights small-caps' attractiveness, driven by consistent investor gains. Continue Reading »
Top Gainers and Losers Today : The Sensex lost 318.76 points, or -0.39, to settle at 81820.12, while the Nifty lost 86.05 points, or -0.34, to close at 25057.35. Continue Reading »
An analysis of the annualised premium equivalent (APE) for Q2FY25 shows the adverse new business profile, including product mix and higher policy benefits, may be putting pressure on the value of new business (VNB) margin. Continue Reading »
IPO buzz: Capitalmind's study indicates that many large IPOs, including Reliance Power, failed to deliver excess returns compared to the Nifty 500. Zomato is highlighted as a standout performer among the top IPOs, while market conditions influenced recent IPO successes. Continue Reading »