Recommendations Financial News

credit score suffers considerably. Identity theft, more often than not, can have a significant impact on your credit score in a number of ways. Unauthorised accounts: Identity thieves could open credit card accounts, loan in your name without your knowledge.

Stock market today: As expected by most of the primary market experts, Krystal Integrated Services shares made a positive debut in the Indian stock market today. Krystal Integrated Services share price today listed on BSE at ₹795 apiece while on the NSE, it listed at ₹785 per share, delivering over 11 percent listing gain on BSE and around 9.8 percent premium on the NSE against its upper price band of ₹715 per equity share.

brokers are recommending to investors with a high-risk appetite to make fresh investments in such stocks or schemes that invest here. Strength in earnings growth and decline in share valuations in the mid-cap and small-cap segments following the recent drop in stock prices are some key reasons for holding them or buying them afresh. Motilal Oswal Asset Management said in a note that the valuation premium that mid-cap and small-cap indices held over Nifty has halved to 14% for both against 24% and 29%, respectively.

Buy or sell: Osho Krishan of Angel One recommends buying Bajaj Finserv and Chalet Hotels tomorrow “The large cap indices are likely to deliver slightly better than average earnings growth in 2024-25. The small cap index is likely to deliver the best earnings growth in 2025-26. Mid cap earnings growth expectation is below its long-term average," said the brokerage firm.

public sector lenders not to take coercive action against IL&FS and its group companies till its next hearing on May 14. A two-member NCLAT bench headed by Chairperson Justice Ashok Bhushan also issued notices to the banks, along with the Reserve Bank of India (RBI), directing them to file a reply. «In view of the order dated October 15, 2018, the Respondents (banks) shall not proceed to take any coercive action against the Applicant (IL&FS and group companies) till the next date,» said the NCLAT. On October 15, 2018, the NCLAT stayed all proceedings against IL&FS and other group companies till its further order. It had also restrained creditors of IL&FS from filing suits, in the case of non-repayment of loans.

Stock Market News: The domestic benchmark equity indices, the Sensex and the Nifty 50, closed Wednesday's choppy session on flat note. However, the underlying market patterns were not very discouraging. Maruti Suzuki, Nestle India, Power Grid, and SBI were among the stocks that were on spotlight today.

PNC Infratech share price after scaling 52 week highs of ₹472 in the first week of March. is down more than 14%. Ashoka Buildcon , Dilip Buildcon, IRB Infrastructure , KNR Constructions too have seen their share price decline 9-16% during the month of March till date.

Supreme Court the appointment of two new election commissioners (ECs) under a 2023 law that excludes the Chief Justice of India from the selection committee, saying the independence of the Election Commission does not arise from the presence of a judicial member on the committee. In an affidavit filed in the apex court, the Union Law Ministry rejected the petitioner's claim that the two election commissioners were hastily appointed on March 14 to «pre-empt» the orders of the top court the next day, when the matters challenging the 2023 law were listed for hearing on interim relief. The affidavit has been filed in response to a batch of pleas, including those by Congress leader Jaya Thakur and the Association for Democratic Reforms, challenging the Chief Election Commissioner and other Election Commissioners (Appointment, Conditions of Service and Terms of Office) Act, 2023. «It is submitted that the case of the petitioners is premised on one fundamental fallacy that the independence can only be maintained in any authority when the selection committee is of a particular formulation. It must be noted that the independence of the Election commission, or any other organisation or authority, does not arise from and is not attributable to the presence of a judicial member in the selection committee,» the affidavit said.

smallcap stocks may have yielded weak returns for investors in the last few months, but if one still looks at the one-year return, then the minions remain an outperformer to the largecaps. In the past 12 months, small and midcap stocks have given returns exceeding 50% compared to largecaps.

ICICI Lombard General Insurance Company Ltd. traded 0.87 per cent down at Rs 1642.6 at 01:19PM (IST) on Wednesday, even as BSE benchmark Sensex gained 302.2 points to 72314.25. The scrip had closed at Rs 1657.15 in the previous session. The stock quoted a 52-week high price of Rs 1739.95 and 52-week low of Rs 1056.0, respectively. As per BSE data, total traded volume on the counter till 01:19PM (IST) stood at 4805 shares with a turnover of Rs 0.79 crore.

LONDON (Reuters) — Britain's Financial Conduct Authority (FCA) has written to financial advisors to demand reviews on how they provide retirement income advice, following an assessment of good practice in the industry in line with its Consumer Duty rules.

Nifty extended its losses on Wednesday falling by over 100 points and hitting the 2024 low of 21,710.20 amid selling pressure in banks, particularly index heavyweight HDFC Bank. The uncertainty over the fate of small and midcap stocks has triggered the slide and in this week, Nifty has conceded 313 points or 1.4% so far. The headline index had ended 2023 at 21,731.40 on December 29.

ACC Ltd. rose 0.16 per cent to Rs 2406.05 in Wednesday's trade as of 11:32AM (IST) even as the benchmark Nifty ruled at 21786.35, down 31.11 points. The scrip had closed at Rs 2402.0 in the previous session. The stock quoted a 52-week low of Rs 1593.5 and a high of Rs 2759.95. The company quoted a market-cap of Rs 45068.94 crore on the BSE.

mutual funds in FY24 (April 1, 2023 to till date). Nifty50 was up by 27.05% and S&P BSE Sensex was up by 23.32%. The toppers were from sectoral/thematic funds. Aditya Birla SL PSU Equity Fund, the topper in the list, offered 84.86% in the financial year 2023-24 so far. SBI PSU Fund offered 79.20%.

Nifty 50 index, Rupak De, Senior Technical Analyst, LKP Securities, said, "The Nifty has broken down from the rising wedge pattern on the daily chart, suggesting a potential reversal of the uptrend. Additionally, it has fallen below the critical short-term moving average, indicating weakening momentum. The Relative Strength Index (RSI) has also shown a bearish crossover, indicating increasing selling pressure.

BEIJING (Reuters) -China's central bank said it has reshuffled its monetary policy committee to include securities regulator head Wu Qing, vice central bank chief Xuan Changneng and two new academic members.

Buy or sell stocks for today: Domestic equity benchmarks Nifty 50 and Sensex witnessed a huge sell-off in the previous session dragged by a sharp fall in information technology (IT) stocks ahead of the US Federal Reserve's monetary policy decision -- which is due later tonight, that could impact the extent of foreign fund inflows. The 30-share Sensex dropped 736 points, or 1.01 per cent, to close at 72,012.05 on March 19, while the Nifty 50 ended the day at 21,817.45, down 238 points, or 1.08 per cent.

Investments have always been synonymous to ladies, however with planned investment taking over, it has given women with financial independence and long-term security which empowers them to create wealth for the whole family and provide a safety net in the face of unexpected emergencies. 

Home invasions are a growing concern in Canada, with increasing reports of break-ins for auto thefts and residential burglaries in some big Canadian cities.

Arvind Kejriwal has challenged all the Enforcement Directorate (ED) summons to him in the Delhi excise policy-linked money laundering case at the Delhi High Court (HC). The law enforcement agency has sent multiple summons to Arvind Kejriwal in the Delhi excise policy case--all skipped by the Delhi chief minister. In the recent summons, Arvind Kejriwal has been asked to appear before the agency on March 21.

A survey jointly conducted by the Digital Assets Council of Financial Professionals and Franklin Templeton Digital Assets shows a significant shift in financial advisors’ approach to cryptocurrency, with three-fifths actively suggesting it to their clients.