Experts Financial News

HDFC Bank vs Axis Bank: Leading private lenders HDFC Bank and Axis Bank received bullish-to-neutral ratings from domestic brokerage firms after declaring their January-March quarter results for fiscal 2023-24 (Q4FY24). According to BSE data, HDFC Bank currently commands the top spot as India's largest banking major by market cap, followed by Axis Bank at the third rank.The Nifty Bank index settled 0.31 per cent higher at 50,002 on Friday, June 14 after the benchmark Nifty 50 index touched a record high of 23,481 level in the last 30 minutes of today's trading session.

The management of the Apu Apustaja crypto token is delighted to announce its sponsorship of the Matchroom Boxing fight card between Subriel Matias and Liam Paro broadcast live on DAZN on Saturday, June 15, 2024.

cricket analyst. She was encouraged to ask any questions, believing that viewers at home might have similar queries.“I'm not supposed to represent a purist; I'm supposed to represent the common person, common person," she thought.However, when Bedi posed these questions, the experts beside her often ignored her and continued speaking without acknowledging her input.

₹65 to ₹68 per share of face value of ₹10 each. The SME (Small and Medium enterprises) will open for subscription for investors on Wednesday, 19 June 2024.The subscription period for the Durlax Top Surface IPO begins on June 19, 2024, and ends on June 21, 2024.

T20 World Cup 2024: The United States of America have impressed with their cricket skills on their debut in the T20 World Cup 2024. Among the cricketers who have left a mark on experts is Saurabh Netravalkar. What impresses fans and experts alike is the fact that, Saurabh is a Principal Member Of Technical Staff at Oracle while being an international cricketer.Saurabh’s sister Nidhi has revealed to News18 CricketNext that the cricketer carries his laptop while travelling for cricket.

₹114 to ₹120 apiece of face value of ₹10 each. The Reserve Bank of India (RBI) registered NBFC will kick-start its subscriptions from Wednesday, June 19, and conclude on Friday, June 21.

Crypto hardware wallet firm Trezor announced the release of its latest flagship device the Trezor Safe 5 (TS5) for crypto storage.

Penny stock under ₹5: Shares of Srestha Finvest Ltd have been on an uptrend after ushering in the new financial year 2024-25. The penny stock bottomed out at ₹1.04 apiece at the end of March 2024 and has scaled to ₹1.87 in the new financial year, delivering nearly 45 percent in FY25.

Bajaj Finance Limited and Bajaj Finserv Limited, filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering last week on June 7. Bajaj Housing Finance is a non-deposit housing finance company that has been involved in mortgage lending from fiscal 2018.The public offering comprises a fresh share issuance at ₹4,000 crore.

Also Read: Budget expectations: Here's what experts across sectors anticipate in JulyLooking at the yearly performance, 7 out of the 10 stocks in the index achieved multibagger returns in last one year. Sobha led the pack with a remarkable gain of nearly 290%, followed by Prestige Estates Projects with a gain of 238%.Additionally, Brigade Enterprises, Macrotech Developers, Phoenix Mills, Godrej Properties, and Sunteck Realty all recorded substantial gains ranging between 100% and 140%.This exceptional performance can be attributed to the robust sales growth, continuous new developments, strategic price adjustments, and improving financial indicators within the industry.Also Read: Mumbai ranks 3rd, Delhi-NCR 5th in global property price increaseIn FY24, there was a strong surge in demand for residential properties across major Indian cities, driven by increasing disposable incomes, evolving lifestyles, and a rising number of high-net-worth individuals.The demand for luxury homes has surged notably, driven by demographic shifts towards more affluent lifestyles.

As of 11:58 am IST, Bitcoin was trading 0.74% lower at $66,955.

Jefferies' Global Head of Equity Strategy Chris Wood has added GMR Airports Infrastructure to his India long-only portfolio while reducing stakes in ICICI Bank, HDFC Bank and Axis Bank. «An investment in GMR Airports Infrastructure will be introduced in the India long-only portfolio with a 4% weighting. This will be paid for by reducing the investments in ICICI Bank and HDFC Bank by one percentage point each and by shaving the investment in Axis Bank by two percentage points,» Wood wrote in his GREED & fear newsletter.

Israel called Hamas' response to the latest peace proposal for the Gaza Strip «negative.» Hamas insisted it was dealing with it «positively.» U.S. Secretary of State Antony Blinken, speaking in Qatar, said Hamas had demanded changes, some of which were «workable» and some not. A Hamas official told an Arabic television channel that the group had not raised any new ideas, and that Blinken saw things through an Israeli lens and «speaks Hebrew.» The Biden administration has pledged to keep working with Qatari and Egyptian mediators to bridge the gaps. But after days of intensive diplomacy in the region, a monthslong effort to end the war in Gaza seems as stuck as ever, as each side clings stubbornly to maximalist demands unacceptable to the other.

equity mutual funds gave more than 15% CAGR in the last five, seven, and 10 years based on daily rolling returns, an analysis of performance by ETMutualFunds showed. Around 150 equity mutual funds completed 10 years of existence in the market. These nine equity mutual funds were from small cap, mid cap, large & mid cap, and flexi cap categories. There were around four small cap funds, three mid cap, one large & mid cap and flexi cap funds in the list of equity mutual funds that gave over 15% in all the three horizons.

Stocks to buy or sell: When it comes to stocks to buy or sell, the Indian stock market has shown resilience despite weak global cues. The Nifty 50 index closed higher for the third consecutive session, and the BSE Sensex also saw gains.

₹351 to ₹369 per equity share of the face value of ₹2 each. The Stanley IPO date of subscription is scheduled for Friday, June 21, and will close on Tuesday, June 25.

Stock market today: Despite weak global market sentiments on the hawkish US Fed meeting outcome, the Indian stock market ended higher for the third straight session. The Nifty 50 index finished 75 points higher at 23,398, and the BSE Sensex scaled 204 points north and ended at 76,810.

Buy or sell stocks for today: Despite weak global market sentiments on the hawkish US Fed meeting outcome, the Indian stock market ended higher for the third straight session. The Nifty 50 index finished 75 points higher at 23,398, and the BSE Sensex scaled 204 points north and ended at 76,810.

New Delhi: Multiplex chains are seeing revenue from sale of food and beverages grow faster than earnings from ticket sales, in an indication of the failure of movies to capture audience attention. And it isn't just about selling popcorn and cola at the cineplex. Theatre owners are increasing F&B sales through gourmet food created by star chefs, tie-ups with aggregators for home delivery, outdoor catering, kiosks in malls, etc.

government is looking to set up a National Centre of Excellence (NCoE) for Animation, Visual Effects, Gaming and Comics (AVGC) and Extended Reality (XR) in Mumbai while also proposing a policy on AVGC to spur growth of this sunrise sector and unlock its full potential, several people told ET. The NCoE will be built in Film City, Mumbai where the Maharashtra government has allotted 10 acres for the project costing more than Rs 1,000 crore.

Union Budget 2024 likely to be tabled in Parliament by third week of JulyAdditionally, a meeting of the Goods and Services Tax (GST) Council, chaired by Union Finance Minister Nirmala Sitharaman, is scheduled for June 22 in the national capital. This will be the Council's first meeting since their last gathering in October 2023.“We expect the new Finance Minister to focus on key areas that will help SME to strengthen enterprise security - Protect MSMEs from external risks such as cybersecurity threats, economic shocks, and supply chain disruptions.