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Subscribe to enjoy similar stories. Stock market experts have cautioned investors that past performance is not a crystal ball for future gains. Given the Nifty 50 index’s hefty 26% return over the past year, investors may need to scale back their return expectations for equities.

Mahindra & Mahindra announced on Monday that it will be unveiling two new electric SUVs on November 26, 2024, in Chennai. The new models, named XEV 9e and BE 6e, will make their global debut at the company's «Unlimit India» event. The company noted that these vehicles will be the first models to launch under two new electric sub-brands, XEV and BE, both of which are built on Mahindra's innovative Electric Origin INGLO architecture.

Federal Reserve officials prepare for the start on Wednesday of their two-day policy meeting, they may wish to recall what happened when policymakers in past decades became overconfident in using demand management policy measures to «fine tune” the economy. The lesson learned on more than one occasion is that — apart from threats of high inflation at the one end and recessions or balance sheet implosions at the other end — it is better to maintain a steady policy steer rather than react to every data point. The time has come for the Fed to internalize, albeit belatedly, this lesson. Policymakers grew increasingly confident at the end of the 20th century that fiscal and monetary policies could be used to deliver a “great moderation.” Some went as far as to suggest that they had “conquered the business cycle.” At the root of this overconfidence in “fine tuning” the economy — something that had also occurred a couple of decades earlier — was a misunderstanding of John Maynard Keynes’s innovative insights into the workings of the demand side of the economy, which was best summarized in his 1936 “The General Theory of Employment, Interest Rates and Money.” It was a policymaking phenomenon that, once again, had gone too far, oversimplifying Keynes’ critical insights. And it was one that was again blown apart by a series of disruptive events, quite a few of which were caused by a lack of humility.

PDP MLA Waheed Para on Monday moved a resolution in the Jammu and Kashmir Assembly opposing the abrogation of Article 370 and calling for the restoration of special status to the erstwhile state, leading to noisy scenes in the House. The Pulwama MLA moved the resolution immediately after veteran National Conference (NC) leader and seven-time MLA Abdul Rahim Rather was elected as the first speaker of the legislative assembly of the union territory of Jammu and Kashmir «Keeping the sentiments of the people of J&K in mind, this House opposes the revocation of the special status (of Jammu and Kashmir),» Para said as he moved the resolution. This drew protests from BJP MLAs, all 28 of whom stood up to oppose the move.

Azad Engineering shares rallied over 14% to Rs 1,670 in Monday's trade on BSE, following the announcement of a major long-term contract with Mitsubishi Heavy Industries worth Rs 700 crore. «Azad Engineering Limited has signed long term contract & price agreement (LTCPA) with Mitsubishi Heavy Industries Limited, Japan (MHI) for the supply of highly engineered & complex rotating and stationary airfoils for advanced gas & thermal power turbine engines to meet their global demand in the power generation industry,» the company said in an exchange filing.

SIP into more than Rs 1 crore in the last 25 years. Around four mid-cap funds have completed 25 years in the market. Nippon India Growth Fund turned a Rs 10,000 monthly SIP into Rs 1 crore over the last 25 years, achieving an XIRR of 22.84% during that period.

SRF Ltd. traded 0.4 per cent in Monday's trade at 11:35AM (IST). Around 2,148 shares changed hands on the counter. The stock opened at Rs 2243.25 and touched an intraday high and low of Rs 2256.50 and Rs 2223.00, respectively, in the session so far. Shares of the company of SRF Ltd. quoted a 52-week high of Rs 2697.45 and a 52-week low of Rs 2088.55.

Bank of Baroda 1.71 per cent to Rs 249.35 at 11:40AM (IST) in Monday's trade. The stock has hit a high of Rs 253.55 and low of Rs 247.60 so far during the session. The stock had closed at Rs 253.70 in the previous session. The counter has had a total traded volume of 580039 shares so far with a value of Rs 14.51 crore on the NSE. It traded at a price-to-earnings multiple of 6.44 and a price-to-book ratio of 1.14.

Tech Mahindra Ltd.(up 0.73 per cent) were among the top gainers.

Shriram Finance Ltd. 0.96 per cent to Rs 3120.85 in Monday's session as of 11:01AM (IST) even as the equity benchmark Sensex traded 1191.16 points at 78532.96. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 3652.15 and a 52-week low of Rs 1910.55 on NSE. Around 7956 shares changed hands on the counter till 11:01AM (IST).

Bharat Forge Ltd. traded 0.94 per cent in Monday's session at 10:49AM (IST). The stock opened at Rs 1430.00 and has touched an intraday high and low of Rs 1435.90 and Rs 1396.75, respectively, during the session so far. The stock quoted a 52-week high of Rs 1826.20 and a 52-week low of 1015.60. About 9,122 shares changed hands on the counter so far.

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Domestic benchmark index NSE Nifty fell 412.75 points to 23891.6, while the BSE Sensex traded 1191.16 points down at 78532.96.

Tube Investments of India Ltd. rose 1.34 per cent to Rs 4401.20 in Monday's trade. It hit an intraday high of Rs 4511.95 and low of Rs 4390.00, respectively, during the day. The stock quoted a 52-week high price of Rs 4807.05 and low of Rs 3082.55.

US Presidential election of 2024 is one the most watched political events of recent times especially as the outcome will have a huge impact on international trade. In the past few decades, many American politicians have talked about attracting manufacturing investment and jobs back to the country after the manufacturing of goods consumed by Americans has spread across the globe and manufacturing jobs have dwindled in the USA. Countries that export substantially to the USA or have been the destination of manufacturing investment in the past three decades are likely to be targets of trade action in the near future. In any case, the countries with whom the USA runs a large trade deficit are on the radar of at least one potential aspirant to the White House. India is one of those countries. The US happens to be the largest destination for Indian merchandise exports. In 2023-24, imports into India from the USA amounted to $42.2 billion, while exports from India were valued at $77.52 billion.

Subscribe to enjoy similar stories. New Delhi: Practitioners and experts said proposed changes to the Arbitration Act should include provisions to minimise court intervention when litigants settle for out-of-court dispute resolution. While reforms pitched by the government seek to promote institutional arbitration, they still have provisions which would delay dispute resolution by allowing courts to intervene, said experts.

Dividend vs growth Investing in mutual funds allows investors to direct their savings to opportunities that match their risk profile and financial goals. Mutual funds typically offer two options for investing: dividend and growth.

Stocks continued with last year’s chosen six. The 2023 basket of fund managers’ favourites clocked 31.5% versus 30.8% gain in the BSE 500 index. Sharp gains in Muthoot Finance, Coromandel International and ICICI Lombard contributed to the overall outperformance. After 10 editions of the Most Wanted Stocks, we can proudly say that seven out of 10 portfolios have beaten the index. The most outsized gains have come from our 2022, 2019 and 2018 portfolios. The 2015 and 2016 baskets also fared well, while excess return in the 2014 portfolio— first edition of the Most Wanted Stocks—was modest. As is typical in investing, returns from most baskets have been powered by outsized return from 2-3 positions. The year 2019 is the only exception, where all bets have delivered a healthy return. The 2020 portfolio also fetched healthy return with all bets in the green but still lagged the broader index. The portfolios of 2017 and 2021 have let us down badly, running into losses. While the 2017 basket was crippled by two NBFC bets, the 2021 basket was tainted after seeing red in four out of seven bets.

stocks with a market cap of over Rs.100 crore, 80.6% (or 2,425 stocks) delivered negative returns in October. Moreover, 1,999 stocks, or 66.4%, saw a price fall of more than 5%. The returns are calculated for closing values between 30 September and 25 October. Strong FPI selling, driven by the Chinese stimulus, low Chinese stock valuations, Middle East tensions, and crude oil volatility have weighed on the equity markets.

US presidential election polling data showed no clear advantage between Kamala Harris and Donald Trump. Oil rose after OPEC+ delayed a hike in output. The greenback dropped against most major currencies such as the yen and the Australian dollar in early Monday trading, while 10-year Treasury futures rose.

Mumbai: As Bitcoin surged toward $70,000 and Wall Street went long on Donald Trump, Indian crypto exchanges tapped offshore bourses for crypto futures trade which is catching on, while many HNIs reportedly made misleading declarations to banks to show their foreign crypto holdings as ‘security’ investments. Local bourses as well as these HNIs believe their trades are kosher — drawing comfort from the fact that the foreign exchanges they are dealing with are registered with Financial Intelligence Unit (FIU). However, they may be unwittingly walking through a minefield of rules on the Foreign Exchange Management Act.