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“FIIs have been net sellers in Indian Markets over the past few years. So, bulk of the selling is not due to election related jitteriness,” says Niraj Kumar, Chief Investment Officer, Future Generali India Life Insurance Company Ltd. In an interview with ETMarkets, Kumar said: “With no major U-turn expected, several domestic focussed sectors are poised to perform well under the new regime; such as Infrastructure, Construction & allied sectors, Cement & Auto,” Edited excerpts:

Extended valuations in some sectors like railways, defence, renewables and other capex driven plays could be at risk especially if any delay in execution and resultant earnings disappointments, says Krishnan VR, Chief of Quantitative Research team at Marcellus Investment Managers. Edited excerpts from a chat: Take us through the performance of MeritorQ PMS in May. What worked? The portfolio was up 1.7% in May compared to 0.8% for the benchmark BSE 500 total return index. Because many portfolio companies reported their fourth quarter (and full year) results last month, the performance was partly driven by positive earnings surprises. Performance was fairly broad-based with roughly half of the portfolio stocks outperforming the benchmark. Our analysis also shows that MeritorQ’s strategy of buying undervalued yet fundamentally strong companies, typically delivers positive excess returns around earnings dates, because the relative mispricing has higher chance of correcting as new positive information is released at earnings announcement.

demerger process of Quess Corp, aimed at unlocking value at India's biggest third-party supplier of private-sector staffing needs, is likely to be completed in up to a year. The company may soon file an application with the National Company Law Tribunal (NCLT), Ajit Isaac, its chairman, told ET. «Re-rating of its businesses is one of the reasons for the demerger due to a simplified structure, as it allows each of these companies to focus better by providing greater capital allocation flexibility, improved market position, and other benefits,» Isaac said.

advance tax collection in this financial year till June 15 surged 27.6% year-on-year to ₹1.48 lakh crore, signalling a robust economy and strong corporate performance, said people privy to the information. The amount included ₹1.14 lakh crore as corporate tax and ₹34,362 crore as personal income tax, they said. The advance tax collection between April 1 and June 15 last year was ₹1.16 lakh crore, comprising ₹92,172 crore as corporate tax and ₹23,513 crore as personal income tax.

The increased uptake of collective investment trusts in the DC plan market raises crucial questions about the future of mutual funds in workplace retirement plans, according to new research by Cerulli.

Tony Awards recently concluding that saw 'The Outsiders', grabbing a pool of accolades. However, the best part is, some Broadway shows are still ongoing and running successfully, and this is a good opportunity to grab a live show, if you are already mesmerized by the gala show at the 2024 Tony Awards.

Discerning which coins will skyrocket and which will falter is the key to amassing wealth in the crypto space. Recently, BlockDAG has raised over $51.1 million, catching the eyes of investors globally.

AlphaCore Wealth Advisory, a La Jolla, California-based independent wealth firm, is looking to go national by tapping an LPL alum to a key C-suite role.

ALSO READ: Captain Babar Azam on Pakistan's T20 World Cup 2024 exit, 'cannot play in every player's place, there are 11 players...According to a report by news agency PTI, which quoted Pakistani media outlets, Kristen didn't mince his words while asserting the team's shortcomings after being disqualified from the T20 World Cup.His remarks pointed out that the Pakistan cricket team should address the apparent lack of cohesion and unity within their ranks."There's no unity in Pakistan's team. They call it a team, but it isn't a team.

In this article, we have curated a list of the best-sellers ACs in India which are listed on Amazon. We have ensured that you can find every detail about these air conditioners in this article, so that you can make an informed decision for yourself and your family. Find the one that suits you best and place your order using the given buying link.

LG 8 Kg 5 Star Inverter TurboDrum Fully Automatic Top Loading Washing Machine The LG 8 Kg 5 Star Inverter TurboDrum Fully Automatic Top Loading Washing Machine combines advanced technology with user-friendly features. With Smart Inverter Technology, it delivers efficient and powerful washing while saving up to 36% energy.

Hindustan Aeronautics on Monday announced that the Defence Ministry has issued a Request for Proposal (RFP) for 156 Light Combat Helicopters. «We would like to inform that, Request for Proposal (RFP) has been issued by the Ministry of Defence for procurement of 156 Light Combat Helicopter,» the official statement of the company said. Of the 156 LCH requested by the Defence Ministry, 90 are being procured for the Indian Army (IA) while the remaining 66 are for the Indian Air Force (IAF), said HAL's official statement.

India Inc’s sequential revenue growth is expected to taper in the first quarter of FY25, stated a report by ICRA. While signs of a revival in rural demand have emerged, ICRA said that headwinds such as a slowdown in the Government of India’s (GoI) spending during the Parliamentary elections and onset of monsoon period are likely to weigh on growth in H1 FY2025. However, the operating profit margin (OPM) will remain steady in the range of 15-18 per cent, despite the expected tapering in revenue growth, as raw material costs are expected to remain steady. 

Equities: The brokerage anticipates that market dynamics in the near term will pivot around prevailing narratives. Key drivers include the sentiment surrounding policy continuity, anticipation ahead of the Budget, the progress of the monsoon, advancements in the CAPEX agenda, fiscal consolidation efforts, and expectations for rural economic recovery in the latter half of the year.

Pant earn a place in the India XI, but the team management gave him the responsibility of batting at number 3 ahead of veterans Suryakumar Yadav and Hardik Pandya. Since then, there has been no looking back for the left-hander as he currently tops the scoring charts for India with 96 runs in 3 matches so far.Former Indian cricketer Sanjay Manjrekar has also taken note of Rishabh Pant's performance during the World Cup, especially in the difficult conditions at the Nassau Cricket Stadium in New York.

power sector has become a darling of the stock market. Fuelled by a booming population, industrial expansion, and scorching summers, the demand for electricity has skyrocketed. Homes and businesses alike are cranking up air conditioners to battle the heat, pushing the national grid to its limits.

Manabadi Inter Supplementary Results 2024: The Telangana State Board of Intermediate Education (TSBIE) has released the  results of the first and second year inter supplementary exam. Students who took the test can view their results at results.cgg.gov.in or tsbienew.cgg.gov.in, the official website.

IT sector is currently a dark horse, influenced more by the global economic regime than India's policy framework,” says Naveen Kulkarni, Chief Investment Officer, Axis Securities PMS. In an interview with ETMarkets, Kulkarni said: “The stock markets will likely trend upward in the next six months. The upcoming budget will be a critical factor to watch out for,” Edited excerpts:

India Today.He added, “We have a good bunch of players. We've to go home, chat and see where we lack, and then come back. Couldn't finish off close games, as a team we weren't good as a team," as quoted by ANI.He evaluated both his and the Pakistan team's performance across all aspects of the game, noting that they particularly struggled in the batting department."We finished well.

Edited excerpts: Though the market is a bit volatile at this point, those who adopt a long-term perspective are likely to see good returns and achieve significant wealth creation for themselves and their families. Additionally, after analyzing the last eight elections since 1991, I have observed an interesting pattern: there's often a feverish speculation among investors about the election outcome. However, in the long term, the market stabilizes based on the financial performance of companies, macroeconomic factors, and turning points of sectors.