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stock market transactions by government servants upon whom Central Civil Services (Conduct) Rules, 1964 are applicable. Rule 16 of Central Civil Services (Conduct) Rules states, «No Government servant shall speculate in any stock, share or other investment. Provided that nothing in this sub-rule shall apply to occasional investments made through stockbrokers or other persons duly authorised and licensed or who have obtained a certificate of registration under the relevant law.» Also read: DA hiked to 50%: 6 things central government employees should know.

made-in-India’ chip from the Micron plant is expected in December 2024. This is significant, as chip shortages during the global pandemic lockdowns heightened realisation of India’s dependency on international supply chains. While the start seems promising, the odds appear to be stacked against India, for now at least.

Asian Paints Ltd, part of the paint sector, has remained range-bound despite benchmark indices trading fresh record highs in the short to medium term. The paint stock has fallen in double digits in the last 3 months, but the price action suggests that it is forming a base around 2700 levels on weekly charts.

The Nifty future closed negative with losses of 0.64% at 22121 levels on Friday. India VIX was up by 0.51% from 13.62 to 13.69 levels.

ACC with a target price of Rs 2931. The current market price of ACC Ltd. is Rs 2435. ACC Ltd., incorporated in the year 1936, is a Large Cap company (having a market cap of Rs 46135.57 Crore) operating in Cement sector.

The Ramco Cements with a target price of Rs 1072. The current market price of The Ramco Cements is Rs 802.7. The Ramco Cements Ltd., incorporated in the year 1957, is a Large Cap company (having a market cap of Rs 18994.36 Crore) operating in Cement sector.

electric two-wheelers (e2W) and three-wheelers (e3W) across the country. The scheme has been allocated a budget of ₹5 billion and is set to replace the FAME-2 scheme, which expires on 31 March 2024. It will operate from April to July 2024, with the possibility of being replaced or extended thereafter.

KPI Green upper circuit: KPI Green Energy share price hit its 5 per cent upper circuit of ₹1,526 in early trade on BSE on Monday, March 18, following the company's announcement that it has bagged a 100MW solar power project from the Maharashtra State Power Generation Co. Ltd. KPI Green Energy share price opened at ₹1500 against the previous close of ₹1453.35 and soon jumped 5 per cent to hit its upper circuit level of ₹1,526.

RailTel Corporation of India continued their winning streak for the third consecutive trading session on Monday, surging by 8% to reach 378.70 apiece after the company, in an exchange filing on Sunday, said that it secured an order worth ₹352 crore. This order is from the Municipal Corporation of Greater Mumbai for the supply, installation, testing, commissioning, operations, & maintenance of HMIS for the Health Department of BMC.

Investing.com-- Gold prices fell in Asian trade on Monday, losing a key support level as traders turned averse to non-yielding assets before more signals on interest rates from a Federal Reserve meeting later in the week.

RIL and an overweight rating on Indian Oil Corporation (IOC). Sharekhan recommended a buy on ICICI Bank and ICICIdirect has a buy rating on PCBL.

Jefferies has released a list of 11 stocks that it believes can deliver 15-25% CAGR over the next five years. Stocks with the highest upside include Macrotech, Axis Bank, Max Healthcare and Amber.

Federal Reserve’s policy meeting outcome due on Wednesday. The MCX April gold futures were trading at Rs 65,352 per 10 grams, down Rs 190 or 0.29% while the May Silver contracts were trading at Rs 75,356 per kg around 9:10 am, lower by Rs 294 or 0.39%. Track prices here

₹4,260. Also Read: L&T, Siemens, ABB, Thermax share prices rise up to 70% in a year. Should you Buy, Sell or Hold the capital goods majors? Mint gathered opinions from various experts to determine the recommended course of action regarding the stock.

₹505 per share from ₹350 earlier. Paytm shares hit the upper circuit of 5% for the second straight session today. The brokerage house notes five key reasons behind the rating upgrade, including Paytm’s declining dependence on the wallet business for revenue, the NPCI nod to participate in UPI as a Third-Party Application Provider (TPAP) in the multi-bank model, well-contained client loss due to reputational damage, rising partner addition and the competitive DNA of the company.

By Takahiko Wada and Leika Kihara

Buy or sell stocks: On account of weak global cues, after the hotter-than-expected US PPI print, the Indian stock market ended lower on Friday. The Nifty 50 index lost 123 points but managed to close above 22,000 levels.

In a roll-down approach, a fund maintains a portfolio of bonds that all mature at the same future date. As the maturity date draws nearer, the tenure for which the fund holds bonds reduces (rolls down). Any fresh bond purchases are also aligned with the remaining maturity of the portfolio. This practice makes returns from a bond portfolio relatively predictable in a volatile interest rate scenario. It was a particularly sought-after tactic in categories like corporate bond funds and banking & PSU bond funds. Unlike the typical open-ended funds, where the fund manager actively shifts the duration profile of the portfolio as per the given mandate, the passive investing approach of the rolldown strategy provides a degree of predictability in returns amidst interest rate fluctuations.

government's dividend mopup from non-financial central public sector enterprises (CPSEs) and entities in which it holds minority stakes has touched a record ₹61,149 crore, 22% higher than the revised estimate for 2023-24, with almost a fortnight to go this fiscal, according to the latest finance ministry data. Dividend receipts in the first half of March alone totalled nearly ₹10,000 crore. The revised estimate in the interim budget last month estimated the dividend collection for 2023-24 at ₹50,000 crore, higher than initial target of ₹43,000 crore. «The dividend collection has surpassed all expectations this fiscal. CPSEs across sectors have been performing well, and the strong dividend flow is the clearest sign of that,» said an official, who did not wish to be identified. «Also, global crude oil prices didn't quite surge as was feared after the Israel-Hamas war in October last year. So, the profitability of oil companies didn't quite take a beating, which augurs well for dividend flow. Power sector companies, too, have been doing well.»

By Makiko Yamazaki, Scott Murdoch and Kane Wu

Investing.com — Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Procter & Gamble, Dollar General (NYSE:DG), UiPath (NYSE:PATH) and Thor Industries (NYSE:THO); downgrade for Tesla (NASDAQ:TSLA)