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Subscribe to enjoy similar stories. Have you ever noticed how the heavyweights in the investing world seem to be snapping up shares of certain companies just when individual investors are selling them off? It's like watching a plot twist in the financial markets! Institutional investors, such as foreign institutional investors (FIIs) and domestic institutional investors (DIIs), often have access to in-depth research and resources that most retail investors don't. Their moves can hint at underlying strengths in a company that might not be immediately visible.

US Election 2024 Day is and polls opened on Tuesday across the nation and Americans cast ballots in the 2024 presidential election. In a deeply divided nation, the election is a true toss-up between Democrat Kamala Harris and Republican Donald Trump. US election results will be declared once the counting is over.

China has moved forward with a complaint at the World Trade Organization that alleges the European Union has improperly set anti-subsidy tariffs on new Chinese-made electric vehicles

Subscribe to enjoy similar stories. The culinary world has a new term—accessible luxury. It refers to an elevated dining experience enveloped in affordability.

Addressing a meeting in Shirsuphal in Baramati, the NCP (SP) chief said the contest for the Baramati Lok Sabha seat earlier this year was difficult, as it was fought within the family, and now, after five months, people of the region will witness a similar situation. Baramati MP Supriya Sule emerged victorious against sister-in-law and Ajit Pawar's wife, Sunetra Pawar, in the general election.

Bajaj Finserv Mutual Fund has announced the launch of Bajaj Finserv Consumption Fund, an open ended equity scheme following the consumption theme. The new fund offer or NFO of the scheme will open for subscription on November 8 and will close on November 22. The scheme will reopen for continuous sale and repurchase within five business days of allotment date. The objective of the scheme is to generate long term capital appreciation by predominantly investing in equity and equity related securities of companies that are likely to benefit directly or indirectly from the domestic consumption led demand.

NCLAT. IL&FS is in the process of recovering approximately Rs 187 crore from the directors and independent directors of the previous board, during whose tenure the company and its two subsidiaries — IFIN and ITNL- were shown in profit through financial engineering, though they were in loss. Earlier this year, books of accounts and financial statements of IL&FS, IFIN and ITNL were recast on the directions of the National Company Law Tribunal (NCLT) for five years — FY 2013-14 to FY 2017-18- and a loss of around Rs 9,600 crore was found. Originally, a profit of Rs 1,869 crore was shown by the previous company management and board, which the government later superseded following revelations of irregularities that shook India's financial sector.

US presidential election on November 5 could hinge on a single congressional district in Nebraska. While the national race involves over 330 million voters, the 2nd Congressional District, centered around Omaha, may play a pivotal role in determining whether Democrat Kamala Harris or Republican Donald Trump emerges victorious. Most states allocate their electoral votes on a winner-take-all basis. However, Nebraska, along with Maine, distributes one electoral vote per congressional district. In the 2020 election, Biden won one of Nebraska's five electoral votes, while Trump secured the other four. With both candidates focusing heavily on this district, its single electoral vote could influence the overall election outcome, especially in a tightly contested race.

Virat Kohli turned 36 on Tuesday. With a stellar career spanning over 15 years, Virat Kohli has cemented his position as one of the greatest cricketers of all time. His impressive records and numerous awards are a testament to his dedication and hard work. Let's dive into his impressive records and achievements across all formats. From the days of a being a young, spike-haired prodigy who led India to an iconic ICC U19 World Cup title win at Kuala Lumpur to 2008, Virat has proven himself to be an epitome of consistency, hardwork, top-level fitness, dedication, aggression and various other traits a top-class sportsperson would have.

Sebi on Monday asked five entities, including Netizen Engineering and Citi Securities and Financial Services, to pay Rs 130 crore for the illegal diversion of funds from Reliance Home Finance Ltd. The regulator has warned these entities to attach assets and bank accounts if they fail to make the payment within 15 days. Those who have sent notices are Netizen Engineering Pvt Ltd, Gamesa Investment Management Pvt Ltd, Vinayak Ventures Pvt Ltd, Deep Industrial Finance Ltd and Citi Securities and Financial Services Pvt Ltd.

Subscribe to enjoy similar stories. When the call came last month with an offer to become manager of Manchester United, Ruben Amorim wasn’t given much time to think it over. This was a once in a lifetime offer, he was told, from one of the most celebrated clubs in sports.

Subscribe to enjoy similar stories. Let’s face it, you’re online right now, refreshing apps and looking for news. If you’re scrolling anyway, maybe try fixing something in your life—in 15 minutes or less.

Subscribe to enjoy similar stories. BlackRock’s clients are pouring money into its core stock and bond offerings. To keep the momentum going, chief Larry Fink wants to push the world’s largest asset manager into the more lucrative world of private markets.

Subscribe to enjoy similar stories. Astronomical corner-office pay packages have sparked debate worldwide, including in India. A Mint analysis of India's largest listed companies reveals that median remuneration for top executives grew by 8.6% in FY24, marking a slowdown compared to FY23.

Nilesh Shah, MD, Kotak AMC, says the returns we have seen in the last three and five years are unlikely to be repeated over the next three and five years. Last five years’ returns from Jan ‘20 to September ‘24 were about 21% for the broad market and about 30% plus for small and midcap. Those returns are unlikely to be repeated over the next three or five years. The returns could still be in the low double digits, if there is a fair possibility that India continues to deliver and our peers continue to score a self-goal. In the last couple of weeks, it has been local versus global. Globally, things are okay, locally, things are bad. Do you think this trend of local versus global will continue? Nilesh Shah: In some sense, local and global are two opposite sides of a coin and in some sense they are on the same side. If stock prices go up, both local and global investors benefit. But the driver for local and global investors could be different. Global investors have a much wider plate to invest into. Local investors, by definition, are constrained to invest in India. Global investors often come down or top down, though many of them have established offices in India.

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.

Subscribe to enjoy similar stories. Bank Nifty’s struggle to keep up with broader market gains has left many investors resigned, adopting a fatalistic Que sera, sera (whatever will be, will be) approach to equities. Nowhere is this sentiment more palpable than with HDFC Bank, Bank Nifty’s largest constituent, which has delivered a mere 2% return year-to-date—a figure that has frustrated the shareholders of the country’s largest private lender.

Subscribe to enjoy similar stories. ON THE EVE of America’s presidential election, many people around the world are waiting on edge. Although non-Americans do not get a vote, the outcome of the election will have ramifications far beyond America’s borders on issues such as international trade, the credibility of Western defence alliances and the rise of China.

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.

The ministry has formed sub-groups to address specific areas like political intervention, administrative reforms and financial resources, they said. The five-member Sixteenth Finance Commission, chaired by former Niti Aayog vice chairman Arvind Panagariya, was constituted on December 31, 2023, and is expected to finalise its recommendations by October 2025. Its recommendations will be valid for five years from 2026-27 to 2031-32.

Eknath Shinde on Sunday said the Mahayuti government aims to make Mumbai slum-free and its focus is on providing affordable housing to the poor. Addressing a rally in Kurla for party candidate Mangesh Kudalkar, the CM said his government had struck a fine balance between welfare schemes and development projects. «If we can work so much in two-and-half years, imagine how much we will work in five years,» he told the impressive gathering while seeking a renewed mandate. «We will give the poor affordable homes. Don't the poor have the right to a house in Mumbai? Can't the son of a poor farmer be CM? Or only those born with a silver spoon can become CM,» he said in a veiled attack on Shiv Sena (UBT) chief Uddhav Thackeray. The Mahayuti government had distributed Rs 350 crore from the Chief Minister's Relief Fund and one lakh had benefitted due to this, he said, and asked the gathering to «teach a lesson to those who call your benefits 'revdis' (freebies)». Attacking the opposition for running down the 'Ladki Bahin Yojana' and even going to court to stall it, Shinde asked the gathering to «be careful of these evil brothers».