Experts Financial News

Nifty Bank rallied more than 600 points on Friday but closed the week with a loss of 0.73%. The Nifty Bank rose 622 points to 45,634 or 1.38% on Friday. The Nifty50 closed 64 points higher at 21,782.

By Rajesh Bhayani,

Also Read | Key Fact Statement (KFS) now mandatory: New RBI measure enhances transparency in lending for retail and MSME borrowers In its statement on Developmental and Regulatory Policies, the RBI emphasised that currently, the KFS is specifically mandated for loans by scheduled commercial banks to individual borrowers, digital lending by regulated entities, and microfinance loans. Also Read | RBI Policy: Governor Das unlikely to precede Fed in policy reversal; expect rate cut only in H2, say Economists "The Reserve Bank has announced several measures in the recent past to foster greater transparency and disclosure by the regulated entities (REs) in pricing of loans and other charges levied on the customers.

While the Reserve Bank of India on Thursday kept the repo rate unchanged for the sixth time in a row, banks may further increase their short-term fixed deposit rates to attract more money, as the loan growth has been robust and liquidity remains tight. Experts say there will be a clamour for short-term deposits, with the one-year rates nudging higher and longer-term rates possibly staying flat.

Checking a bag at the airport has gotten pricier for travelers — and harder to avoid.

Small-cap stock under ₹50: Shares of Sakuma Exports have been in uptrend post-Covid pandemic. After bottoming out at ₹3.35 apiece level in March 2020, this small-cap stock under ₹5 witnessed strong bottom fishing by bulls of the Indian stock market. Showcasing strong northward movement, the penny stock below ₹5 to turn into a multibagger stock in the next four years time.

Question: Can you elaborate on the taxation of ESOPs?

crash on Thursday, Nifty50 has risen significantly in the recent past. New records are made only to be breached within a few weeks, if not days. Emkay Institutional Equities predicted Nifty50 to climb 11 per cent and touch 24,000 by December 2024.

The world of cryptocurrencies is constantly evolving, and new projects often emerge with ambitious goals and innovative solutions. One such project that has been gaining attention in recent times is Retik Finance (RETIK), which is being hailed as a potential rival to the popular blockchain platform Solana. Analysts are predicting that RETIK, currently priced at just $0.11 in its ongoing presale stage 9, has the potential to soar to an impressive $19 by the year 2024 post-launch.

See graphic for details) If you have multiple movable and non-movable properties, you can consider creating a trust for better estate planning. In this case, the trust will be authorized to act on your behalf if something happens to you within specified conditions. One may wonder about the role of a nominee in case someone gets incapacitated.

Paxlovid can prevent hospitalization and death from COVID-19, but experts say it's being underused

Humans like choice. Indeed, it's a bedrock principle of autonomy and freedom.

There was a sixfold jump in managing director level movement in legal and compliance functions in the financial services sector in the past one year, according to data from executive search firm Native.

budget Finance Minister Nirmala Sitharaman will present on February 1. From cutting down subsidies to slowing down capital expenditure to control fiscal deficit to targeting different voter groups with welfare measures, Amid all the expectations and demands from the budget and speculation and expert commentary about what all the budget might contain, what Sitharaman herself has been saying recently, not necessarily related to the budget, can yield good pointers to the direction of the upcoming budget.

Nifty Bank bounced back on Monday and rose more than 500 points to reclaim 45,000. The Nifty Bank rose 576 points to close at 45,442. The Nifty50 rallied 387 points to close at 21,739. The rally in the Nifty Bank was led by gains in IDFC First Bank, Bank of Baroda, Kotak Mahindra Bank, PNB, and Federal Bank while some profit-taking was seen in AU Small Finance Bank. The Nifty Bank bounced back after retesting 200-DMA on the daily charts last week and the momentum continued in the Interim Budget week as well. If the momentum continues, the next target is seen around 46,000, suggest experts. “Bank Nifty is in the process of retracing the fall it has witnessed from 48,300 – 44,500 and hence the pullback can continue till 46,000 – 46,200 from a short-term perspective,” Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas, said. “On the downside 45,110 is the crucial support from a short-term perspective,” he added.

JSW Steel, Tech Mahindra and TCS - ending in the red. Also Read: Sensex, Nifty surge over 1%: From gains in RIL, HDFC Bank to strong global cues, 4 key factors driving the rally The mid and smallcap indices also clocked healthy gains. The BSE Midcap index rose 1.68 per cent and the Smallcap index ended 1.03 per cent higher.

Mulltibagger stock: Shares of Mufin Green Finance Limited are one of the multibagger stocks that the Indian stock market has delivered in the last one year. This NBFC stock has surged from around ₹44.40 apiece level to ₹219.25 per share mark, logging around 400 per cent appreciation in the last six months. However, it seems that the NBFC stock still possesses some upside potential.

Stock market today: Bharat Petroleum Corporation Limited (BPCL) is going to declare its Q3 results today. Therefore, BPCL share price is expected to remain under the radar of stock market observers and investors. Despite weak set of numbers expected by the market, BPCL share price today opened flat but soon gathered bulls' attention during morning deals on Monday.

(Exciting news! Mint is now on WhatsApp Channels. Subscribe today and stay updated with the latest financial insights! Click here!) As the market is expected to see volatility in the near term, experts recommend buying technically and fundamentally sound stocks at the current juncture. Based on the recommendations of several experts, below are 12 stocks that one can consider buying for the next three to four weeks.

Stock market today: Vodafone Idea is going to declare its Q3 results today. Therefore, Vodafone Idea shares are expected to remain under the radar of stock market observers and investors as the market is expecting a stable set of numbers from the telecom major in Q3FY24. As expected, Vodafone Idea share price today opened upside and went on to touch an intraday high of ₹14.95 apiece on NSE, logging around 2.50 per cent intraday rise against its previous close of ₹14.60 per share.

₹1,462.80 apiece in early trade on Monday. This uptick follows the approval granted by the Reserve Bank of India (RBI) to LIC, allowing it to increase its stake up to 9.99% in the country's largest private sector bank. In an exchange filing on Thursday (January 25), HDFC Bank stated that permission was given to LIC with regard to the application submitted to RBI.