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Small-cap stock under ₹50: IRB Infrastructure Developers shares have been in uptrend after ushering in financial year 2023-24. After bottoming out at around ₹22.50 apiece levels on NSE at the end of March 2023, this toll management company's stock has remained an ideal buy on dips stock for positional investors. In near six months, this small-cap stock below ₹50 has rise to the tune of 55 per cent whereas in last one month, it has risen around 35 per cent.

Digital lending picked up at a stellar pace in the first quarter of the financial year (Q1 FY24), with volumes recording annual growth of 31%, while value rose 32%, according to a report by the Fintech Association for Consumer Empowerment (FACE). FACE launched the 7th edition of its FACETS report on Monday, analysing disbursement data from 36 member companies.

Anthony Heredia, MD & CEO, Mahindra Manulife, says “smallcaps are clearly the winner of the last three to six months, but we personally believe that investors should be thinking about diversifying across caps at this point and within that, either you look at multi or flexi cap or you choose largecap from a three- to five-year perspective is our view.”The Street is shouting that the smallcap and the midcap end of the market is getting very crowded and very stretched but the retail end of the market continues to pour in record numbers in mutual funds via the SIP data. What is your view?The numbers look very positive and it is not just the SIPs; at least the August month data seems to be an all-round success. Obviously, small and midcaps continue to see flows, but you will interestingly see that a number of NFOs that were there in the month in sectoral or multi-cap themes did equally as well and the SIP numbers continue to be strong. I have said before that SIP numbers in 24 months from now will be at least double of what they are today because given the market valuations, SIPs is not just a great way for retail investors to participate but a lot of high net worth investors are also using the systematic route either through SIPs or STPs to come in. So, all around, it is a very good show from the industry standpoint.

Basilic Fly Studio debuted at a robust premium of 179% on the NSE Emerge platform. On listing, the stock rallied further 5% and was locked in upper circuit at Rs 284. The company has priced the issue at Rs 97 at the upper end. The debut of Basilic Fly Studio was on the expected lines, tracking the recent trend of massive listing gains in the SME segment. The Chennai-based VFX studio's Rs 66 crore IPO saw a subscription of 286 times, led by strong demand across categories.

equity market benchmarks the Sensex and the Nifty have been in the green in September so far. Both indices are up over 3 per cent this month so far and analysts expect them to hit their all-time highs soon. However, the ongoing rally may not be sustained as the fundamentals are not supportive at this point.

Stock market today: Rishabh Instruments share price opened on Dalal Street in special pre-open session during Monday deals. Rishabh Instruments shares listed on BSE at ₹460 apiece levels and went on to hit intraday high of ₹469.65 per share levels on BSE. Similarly, Rishabh Instruments share price today opened on NSE at ₹460.05 per share levels and went on to hit intraday high of ₹470 apiece levels within few minutes of stock listing on Dalal Street.

₹20,161 crore. This marked a substantial increase compared to the ₹7,505 crore inflow observed in July 2023, as per data from the Association of Mutual Funds in India (AMFI).

reality. India, as chair of the G20, has sensibly pressed for finding ways to enhance international tax transparency in real estate. The outcome is the Organisation for Economic Cooperation and Development (OECD) outlining a robust framework to track tax evaders using real estate deals to hide their undeclared incomes.

CAMS (Computer Age Management Services) share price has strongly underperformed the equity benchmark Sensex in the last one year but the situation may change now as top brokerage firms believe the stock may see a decent rise from the current levels because of the company's "growing capabilities". In the last one year, the stock has lost nearly a per cent while the Sensex has gained over 11 per cent. The stock witnessed strong traction on Monday.

Sovereign gold bond 2023: The second tranche of the sovereign gold bond 2023 has opened today and it will remain open for subscribers till 15th September 2023. This means interested investor can apply for sovereign gold bond scheme till Friday this week. The Reserve Bank of India (RBI) on Friday declared sovereign gold bond price at ₹5,923 per gm.

Samvardhana Motherson International, incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 68340.21 Crore) operating in Auto Ancillaries sector. Samvardhana Motherson International key Products/Revenue Segments include Auto Electricals, Sale of services, Scrap, Other Operating Revenue, Export Incentives, Job Work for the year ending 31-Mar-2022.Financials For the quarter ended 30-06-2023, the company has reported a Consolidated Total Income of Rs 22515.07 Crore, down -.16 % from last quarter Total Income of Rs 22551.94 Crore and up 27.11 % from last year same quarter Total Income of Rs 17712.55 Crore. Company has reported net profit after tax of Rs 625.01 Crore in latest quarter. Investment RationaleThe company has a proven track record of turnarounds and expanding global market share (c.0.4% in 2010 to c.2.5% in 2023).

Shah Rukh Khan's latest action-packed spectacle, 'Jawan', is making waves at the box-office, rewriting history with its latest record of becoming the highest single-day Hindi grosser of all time. Released on September 7, the film stormed the screens with an astounding opening day collection of Rs 75 crore across India, staking its claim as the top Hindi opener of the year. However, this was just the beginning of its remarkable journey. According to early estimates from Sacnilk.com, 'Jawan' raked in a whopping Rs 81 crore net for all languages at the Indian box-office on Sunday. It had an overall 70.77 percent occupancy for Hindi shows, 53.71 percent occupancy for Tamil shows and 68.79 percent occupancy for Telugu shows.

India Hotel Ltd, part of the hotel & resort industry, hit a fresh record high after a breakout from a channel formation in the last week of August. Short-term traders can look to ride the momentum for an upside target of Rs 465 in the next 3-4 weeks, suggest experts. The stock has been moving in a range since June 2023 where levels around 400 acted as a stiff resistance on the upside while support was seen above 350 levels on the daily charts. It witnessed a breakout from the consolidation range on 30 August 2023 and since then the stock has been moving in an upward trajectory. The stock has been making higher highs and higher lows for the last 3 weeks. The stock also climbed above the 50-DMA on 30 August 2023 which suggests that the short-term momentum is on the upside.

In addition to causing spikes in electricity demand as people fire up air conditioners, the scorching temperatures have led to a spate of disruptions at oil refineries. That’s helped keep US gasoline prices elevated and saw diesel cost increases easily outpace those for crude.

Stock split 2023: ADF Foods are one of the multibagger stocks that Indian stock market has produced in recent years. This small-cap multibagger stock with a market cap of around ₹498 crore has risen from 140 to ₹1135 apiece levels in last three years, delivering to the tune of 700 per cent return to its positional long term shareholders. However, the stock will be in focus today as it is trading ex-split today.

typhoon kept southern China drenched for the seventh day as slow-moving storm clouds drifted from Guangdong on the coast to Guangxi, flooding low-lying areas, blocking roads and trapping residents. In the rural county of Bobai in Guangxi region, rescuers on assault boats have scrambled to pull people to safety since Sunday night as water more than 2 metres (6.6 feet) deep stranded residents in low-rise homes, state media reported on Monday. Heavy rain is expected to persist in Guangxi over the next few days. Haikui has weakened from a typhoon to a tropical storm since making landfall in Fujian province on Sept. 5, but its residual circulation has continued to wreak havoc in southern China, with the populous city of Shenzhen deluged by the heaviest rain since records began in 1952.

Provident Fund is a tax-exempt saving scheme with the potential to create wealth over the long term. Here are the key processes for withdrawal from the PPF.Eligibility Partial withdrawals are allowed only after seven years from the end of the financial year in which the first deposit was made. PPF subscribers can make one partial withdrawal per year.

G20 Summit drew to a close. The two day event involving the world's biggest economies was hosted in New Delhi amid an increasingly convoluted geopolitical landscape. Indeed the successful adoption of the G20 Leaders' Declaration has been dubbed a ‘coup’ for host PM Modi.

By Jamie McGeever

Maharashtra deputy chief minister Ajit Pawar Sunday said an all-party meeting has been convened in Mumbai on Monday to discuss the Maratha quota issue, reported PTI. Several people from the Maratha community were rich but many were poor and needed help, Ajit Pawar said while addressing a rally in Kolhapur nearly 380 km from Mumbai. "While giving the reservation to the Maratha community, it must be ensured that Other Backward Classes are not affected.

NFL season is not only about touchdowns and tackles but also about record-breaking contracts and skyrocketing earnings. In an offseason filled with jaw-dropping deals, it's clear that NFL players are raking in unprecedented amounts of money. Let's dive into the world of NFL's top earners for this season.