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12.06 / 09:55
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6 famous Warren Buffett's investing mantras reignite as equity mutual fund inflows soar to ₹34,697 crore
The latest Association of Mutual Funds of India (AMFI) numbers show an extraordinary spike in equity mutual fund inflows of up to ₹34,697 crore in May 2024. This spike represents an 83.42 per cent gain over the previous month, setting a new industry high.
12.06 / 09:31
12.06 / 08:55
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Share price of Pidilite Ind falls as Sensex gains 267.89 points
Pidilite Industries Ltd. dropped 2.92 per cent to Rs 3080.35 at 02:09PM (IST) in Wednesday's trade. The counter hit a high of Rs 3199.45 and low of Rs 3076.3 so far during the session. The stock had closed at Rs 3173.15 in the previous session. The counter had a total traded volume of 02:09PM shares so far with a turnover of Rs 3.68 crore on BSE. The stock traded at a price-to-earnings multiple of 94.1 and a price-to-book ratio of 18.24.
12.06 / 08:43
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Share price of Havells India falls as Sensex gains 394.09 points
Havells India Ltd. dropped 0.21 per cent to Rs 1829.2 at 01:49PM (IST) in Wednesday's trade. The scrip hit a high of Rs 1839.0 and low of Rs 1820.0 so far during the session. The stock had closed at Rs 1833.1 in the previous session. The counter had a total traded volume of 01:49PM shares so far with a turnover of Rs 2.88 crore on BSE. The stock traded at a price-to-earnings multiple of 90.69 and a price-to-book ratio of 12.75.
12.06 / 08:43
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Share price of United Spirits falls as Sensex gains 314.72 points
United Spirits Ltd. dropped 1.93 per cent to Rs 1290.5 at 02:04PM (IST) in Wednesday's trade. The stock hit a high of Rs 1322.6 and low of Rs 1290.0 so far during the session. The stock had closed at Rs 1316.0 in the previous session. The counter had a total traded volume of 02:04PM shares so far with a turnover of Rs 1.76 crore on BSE. The stock traded at a price-to-earnings multiple of 68.36 and a price-to-book ratio of 11.55.
12.06 / 06:05
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Sebi slaps ₹2.6 crore fine on former CNBC Awaaz anchor Pradeep Pandya, 7 others; bans from securities market for 5 yrs
₹2.6 crore collectively for indulging in fraudulent trading activities.Alpesh Furiya, Manish Furiya, Alpa Furiya, Alpesh Vasanji Furiya HUF, Manish V Furiya HUF, Mahan Investment and Toshee Trade are others banned by Sebi.Pandya was the host/co-host of various shows at CNBC Awaaz till August 2021, while Alpesh Furiya appeared on the television channel as a guest or external expert and gave stock recommendations on his Twitter handle.Sebi has restrained Pandya, Alpesh Furiya, and other six entities from “accessing the securities market and further prohibited from buying, selling, or otherwise dealing in securities, directly or indirectly, or being associated with the securities market in any manner whatsoever, for a period of five years."Also Read: Why Sebi's reviewing the eligibility criteria for derivatives trading?The regulator also levied a fine of ₹1 crore each on Pandya and Alpesh Furiya and ₹10 lakh each on the remaining six entities.
12.06 / 06:05
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Can Nykaa’s house-of-brands strategy be its next growth driver?
BENGALURU : Shortly before Nykaa listed on the bourses in November 2021, founder and chief executive Falguni Nayar expressed her intention to make the beauty and fashion marketplace a “house of brands", rather than just a multi-brand retailer. Nearly three years later, Nykaa continues to be driven by this proposition for both the beauty and the fashion segments, investing and carefully building out its strategy hoping that it will compound over time. The progress is interesting.
12.06 / 05:31
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'Only a Nalaayak...': Harbhajan Singh slams ex-Pakistani cricketer Kamran Akmal despite apology over Sikh remarks
Pakistan cricketer apoplogised for his remark.While speaking to news agency ANI, Singh said, “This is a very absurd statement and a very childish act that only a 'Nalaayak' person can do."Furthermore, Singh also added that Kamran should understand that there is no need to say anything about anyone's religion and make fun of it. He also emphasized the significant contributions Sikhs have made throughout history. “I would like to ask Kamran Akmal that do you know the history of Sikhs, who are Sikhs and all the work that Sikhs have done to save your community, your mothers, sisters.
12.06 / 05:03
12.06 / 05:03
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King Charles’ portrait vandalized by animal rights activists
Animal rights activists on Tuesday targeted the first official portrait of Britain’s King Charles since he became monarch, pasting a large image of the well-known animated character ‘Wallace’ over his face, in a protest about welfare on farms.
12.06 / 05:03
12.06 / 05:03
12.06 / 04:19
12.06 / 02:39
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FMCG and consumer durables poised for growth : Trideep Bhattacharya
«The next important signpost, of course, for the market would be the 100-day plan and of course the budget which will show us the way forward. But I think all indications are that it will be more of a continuation with the sector leadership remaining the same rather than anything materially different,» says Trideep Bhattacharya, CIO-Equities, Edelweiss MF. Market also had a very quick and sharp haircut on Tuesday, but then rebound equally sharply, barely giving anybody to deploy extra capital which was sitting on the side. I want to understand from you that the way messages from the government side of continuity and all the five most strategic and core kind of ministries were retained by BJP, so there was no compulsion of a coalition kind of politics displayed when the portfolio allocation was happening. Is market really taking heart because market up till now has really liked the work done by our external affairs ministry, finance ministry, even oil and gas for that matter, on various stuff? I would say that the results of elections this time have been sensible rather than sensational and that is the direction of a policy direction going forward as well.
12.06 / 02:39
12.06 / 01:59
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Canadian investor inspired by Warren Buffett sinks after founder sells
Canadian holding company Tiny Ltd. plunged 16 per cent on Monday afterits founders stepped down as co-chief executives and one of them said he’d sell millions of shares.
12.06 / 01:43
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Stock picks: From Trent to Torrent Pharma, Motilal Oswal suggests these shares to buy this week
Indian stock market: On June 11, the Indian stock market benchmarks remained in a consolidation phase for the second consecutive session, influenced by subdued global cues.The Sensex commenced trading 191 points higher at 76,680.90 compared to its previous close of 76,490.08. It surged around 370 points to reach an intraday peak of 76,860.53. However, succumbing to profit booking towards the end of the session, the index ended 33 points, or 0.04 per cent, lower at 76,456.59.Also read: Stocks to buy: Axis Bank, Dr Lal Pathlabs among top four stock picks by SMC Global Securities for this weekSimilarly, the Nifty 50 began at 23,283.75, in contrast to its previous close of 23,259.20, and reached an intraday high of 23,389.45.
12.06 / 01:14
11.06 / 21:23
11.06 / 20:55
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Father's Day 2024: Date, last minute gifting ideas for celebrating the occasion
Father's Day 2024 is on June 16, if you have forgotten. Therefore if you still haven't bought any gifts for him yet, these gifting ideas may help you grab the most suitable gift your dad will love. Fathers are the most precious humans when it comes to unwavering love and support and it is important that we show him the love and respect he deserves.
11.06 / 20:55
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Netflix’s Arcane Season 2: Check out release date, trailer, characters, plot and when the series will end
Netflix series "Arcane" will conclude with its upcoming Season 2 in November. However, this marks the beginning of more stories within the "League of Legends" world by Riot Games and Fortiche.
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