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Investment / The Economic Times

These 7 hybrid mutual funds delivered over 30% returns in one year

Around 105 hybrid mutual funds have completed one year in the market.

10 May 2024 7:15 pm
9 equity mutual fund categories witnessed inflows in April. Here is the break up

The data further showed that two categories saw outflows in the same period.

10 May 2024 3:35 pm
How to check purity of gold jewellery using BIS Care app

How to check purity of gold jewellery using BIS Care app

10 May 2024 2:32 pm
FD interest rate up to 9.1%: These four banks have revised fixed deposit interest rates in May 2024

In May 2024, many banks, including Utkarsh Small Finance Bank (SFB), City Union Bank, RBL Bank, and Capital Small Finance Bank, revised their fixed deposit interest rates. Here is a list of banks and their revised FD rates in May, with the highest interest rates and tenures.

10 May 2024 1:26 pm
Bajaj Finserv Mutual Fund launches Multi Asset Allocation Fund

The scheme will be benchmarked against 65% Nifty 50 TRI + 25% NIFTY Short Duration Debt Index + 10% Domestic Prices of Gold. Nimesh Chandan and Sorbh Gupta (equity investments), Nimesh Chandan and Siddharth Chaudhary (debt investments) and Vinay Bafna (commodities investments) will manage this fund.

10 May 2024 1:24 pm
Solar stocks outshine with up to 1,318% return in 1 year. Whos driving the bull run?

Waaree Renewable Technologies, a smallcap solar company, has emerged as the leading gainer in the solar sector, boasting an astounding annual return of 1,318%. It is followed by WAA Solar with a gain of 561%, Zodiac Energy with 393%, and SJVN with 236%.

10 May 2024 9:25 am
Sebi cuts lot size of private-placed InvITs to Rs 25 lakh

The proposal will help in increasing the liquidity of privately placed InvIT units by allowing a broader base of investors to participate in the market and promote diversification of investment portfolios, enabling investors to better manage risk, Sebi said in a discussion paper on Thursday.

10 May 2024 5:41 am
Indian Overseas Bank Q4 Results: Net profit zooms 24% YoY to Rs 808 crore

Chennai-based Indian Overseas Bank reported a 24% increase in net profit for the quarter ended March 2024 on higher interest income. Net profit for the quarter was Rs 808 crore as against Rs 650 crore for the quarter ended 31st March 2023.

9 May 2024 9:36 pm
Relaxo Footwears Q4 Results: Net profit falls 3% YoY to Rs 61 crore

Relaxo Footwears on Thursday reported a 3 per cent decline in net profit for the March quarter to Rs 61.39 crore, as against Rs 63.3 crore in the year-ago period. The company's revenue from operations declined to Rs 747.21 crore from Rs 764.94 crore in the corresponding quarter of the previous year, a regulatory filing showed.

9 May 2024 8:42 pm
Abbott India Q4 Results: Net profit rises 24% YoY on higher sales

Indian drugmaker Abbott India reported a 24% rise in fourth-quarter profit on Thursday, as strong sales outpaced the impact of government pricing caps on certain medicines.

9 May 2024 7:35 pm
REC, Navin Fluorine among 5 stocks with top long unwinding

Long unwinding refers to the selling of positions or stocks owned for a longer period

9 May 2024 4:38 pm
SBI Gold Bonanza Campaign: Validity, minimum transaction, bonus points and more

SBI Gold Bonanza Campaign: Validity, minimum transaction, bonus points and more

9 May 2024 4:33 pm
BSE shares fall 3% as provision for SEBI regulatory fees mars Q4 profitability

BSE shares dipped 3.3% to Rs 2,726 on NSE as Q4 profit was affected by SEBI regulatory fee provision. Consolidated net profit rose marginally to Rs 106.9 crore despite the provision.

9 May 2024 3:43 pm
India's top nutrition institute declares mud pots best utensil for cooking, warns about non-stick pans

The National Institute of Nutrition (NIN) updates dietary guidelines for Indians, emphasizing the use of earthen cookware as safest for cooking due to its eco-friendliness and food preservation qualities. NIN also issues warnings about unsafe storage of acidic foods in metal vessels and overheating non-stick pans. Additionally, guidelines recommend limiting sugar intake, avoiding protein supplements, and promoting healthier dietary habits to combat malnutrition and obesity.

9 May 2024 3:32 pm
Tata Motors, Infosys among 10 companies that witnessed highest selling by mutual funds in March

Around 10 companies witnessed the highest selling by mutual funds in March, according to a press release by Prime database. Here is the detailed list

9 May 2024 3:21 pm
India to begin producing 'T100' carbon fibre in 2.5 years: V K Saraswat

India is set to start manufacturing T100 type carbon fibre within the next 2.5 years, aiming to overcome import restrictions limiting its use in strategic applications. T100 carbon fibre finds applications in defence, aerospace, civil engineering, and more, including hydrogen cylinders, missiles, and bulletproof jackets. The initiative involves collaboration between Bhabha Atomic Research Centre (BARC), Hindustan Aeronautics Limited (HAL), and Mishra Dhatu Nigam Limited (MIDHANI) to promote indi

9 May 2024 3:20 pm
Investors lose over Rs 5 lakh crore as Sensex crashes 800 points. Here are key factors behind the mayhem

The market capitalisation of BSE-listed companies slipped below the Rs 400 lakh crore mark to Rs 395.65 lakh crore. The volatility index India VIX also spiked 5% to 17.85 levels.

9 May 2024 1:46 pm
Share price of United Spirits falls as Sensex drops 752.73 points

A total of 13,890 shares changed hands on the counter till 01:43PM (IST)

9 May 2024 1:42 pm
LTIMindtree shares decline 1.44% as Sensex slides

A total of 4,687 shares changed hands on the counter till 01:28PM (IST)

9 May 2024 1:28 pm
These 8 equity mutual funds offered negative returns in March quarter

Around 8 equity mutual funds have offered negative returns in the last three months, according to the data by ACE MF.

9 May 2024 12:49 pm
Sula Vineyards shares tumble nearly 7% after company's Q4 profit declines

The PAT for the quarter ended March 2024 dropped 4% year-on-year (YoY) to Rs 13.55 crore against Rs 14.24 crore for the same period, a year ago while the revenue from operations stood at Rs 131.70 crore, up by approximately 10% from Rs 120 crore in Q4FY23.

9 May 2024 12:40 pm
Tokyo's Nikkei index closes lower

Tokyo investors are poring over earnings, with more major firms set to release results Thursday including Nissan, Takeda Pharmaceuticals and beverage giant Kirin.

9 May 2024 12:36 pm
Rentals across Indias key office markets up 4-8% in March quarter, Colliers

India's prime office markets witness 4-8% yearly rental rise driven by demand and quality supply, surpassing pre-pandemic levels in 2024. Occupiers across Asia Pacific are willing to pay more for superior offices. High-growth markets like MG Road Delhi and SBD1 Bengaluru show up to 20% rental growth. Flex spaces expand rapidly, constituting 15-20% of top 6 cities' office leasing.

9 May 2024 11:22 am
Akshaya Tritiya 2024: Why do people buy gold on this auspicious day?

Hindus celebrate Akshaya Tritiya, believed to bring endless prosperity. The name itself - Akshaya (eternal) and Tritiya (third) signifies the third day of the auspicious Vaisakha month. Gold, a symbol of wealth, is a popular purchase on this day, ensuring long-lasting prosperity. Know the significance of Akshaya Tritiya and why it is an auspicious time to buy gold

9 May 2024 11:21 am
Hot Stocks: Brokerage view on Voltas, Bharat Forge, Hero MotoCorp and TVS Motor

After the fourth-quarter results, Jefferies upheld a buy rating for TVS Motor and Hero MotoCorp. Meanwhile, Citigroup suggested selling Bharat Forge but buying Voltas.

9 May 2024 9:47 am
ICICI Bank, Federal Bank among 8 banking stocks that earned upgrades in last 1 month. Check revised target prices

As per Trendlyne data, these stocks saw up to 9 analysts' target price upgrades and can rally up to 30%

9 May 2024 9:36 am
Government gains PSU muscle as stocks climb peaks

The value had touched a high of 22% of total market capitalisation of listed firms in June 2009, dropping to a low of 5.1% in September 2020 before doubling since then, according to data from primeinfobase.com. Re-ratings amid large valuation discounts, high dividend yields, record cash flows and news of possible privatisation triggered a sharp rally in public sector companies over the last three years.

9 May 2024 6:39 am
PepsiCo trials for well-oiled India chip machine on

PepsiCo India is experimenting with replacing palm oil and palmolein with a blend of sunflower oil and palmolein in Lay's, the country's largest potato chip brand. This comes amid backlash over the use of cheaper, unhealthy ingredients in packaged foods in India. In the US, PepsiCo uses heart healthy oil like sunflower, corn, and canola oil for Lay's. The India unit is also working to reduce salt in its snacks to less than 1.3 mg of sodium per calorie by 2025.

9 May 2024 5:30 am
Outcome of tax disputes holds key to Xiaomis ops

Xiaomi Technology India's ability to continue as a going concern depends on the outcome of multiple regulatory and tax disputes and additional funds from the Chinese parent. However, the company doesn't see a threat for the foreseeable future based on legal opinions obtained and cash flow projections. Xiaomi has faced multiple investigations and legal proceedings launched by income tax authorities, the Directorate of Enforcement, and the customs department on matters such as alleged evasion of c

9 May 2024 5:30 am
Esaf Small Finance Bank Q4 Results: Net profit plunges 57% YoY to Rs 43 crore

The bank's operating profit was 30% higher at Rs 285 crore against Rs 219 crore but provisions and contingencies at Rs 226 crore against Rs 82 crore pulled the net profit down.

8 May 2024 9:33 pm
Market Trading Guide: Tata Communications, Motherson Sumi Wiring among 5 stock recommendations for Thursday

Declining for the second straight session, the 30-share BSE Sensex fell 0.06% to settle at 73,466. The NSE Nifty remained unchanged at 22,302.50.

8 May 2024 9:21 pm
Tech View: Nifty looks oversold zone on hourly charts. What traders should do on Thursday

The positive chart pattern like higher tops and bottoms is intact as per daily time-frame chart and presently the market is in an attempt of new higher bottom formation. The short-term trend remains weak, but the market is showing signs of higher bottom formation around 22,200 levels.

8 May 2024 5:47 pm
Google Wallet launched in India: step-by-step guide on how to use it, how it is different from Google Pay explained

Google Wallet: This article is about how to use Google Wallet and how different is it from Google Pay. As per Google, this wallet can be used for various utility functions like storing Air India, Indigo Airlines flight boarding pass, PVR and INOX cinema tickets. Read here to know more.

8 May 2024 5:27 pm
DCB Bank, Engineers India among 10 companies that saw highest drop in MF holdings in March

MF holding in Tracxn Technologies decreased by 7.71% in March to 4.32% against 12.03% in December.

8 May 2024 4:33 pm
HDFC Ergo withdraws 4 health insurance policies: What does it mean for policyholders? Will health insurance premiums increase?

In a move impacting existing policyholders, HDFC Ergo discontinues its myhealth Suraksha health insurance plans. The insurer will migrate customers to alternative policy. Key concerns for existing customers include changes in premiums, coverage details, and potential loss of renewal benefits. ET Wealth Online delves into how this will affect renewals, benefits, and the migration process. Customers of HDFC Ergo myhealth Suraksha health plans must know these details

8 May 2024 3:30 pm
Canara Bank Q4 Results: Profit jumps 18% YoY to Rs 3,757 crore; NII rises 11%

Canara Bank Q4 Results: The company's Board has also recommended a dividend of Rs 16.10 per share, 161% of face value each, for the financial year 2023-24

8 May 2024 1:49 pm
PI Industries shares gain 0.02% as Sensex rises

The stock quoted a 52-week high of Rs 4032.0 and a 52-week low of Rs 3060.0.

8 May 2024 12:48 pm
Mutual fund new KYC rules: Aadhaar is a must if you want to invest in multiple mutual fund schemes smoothly

Mutual fund KYC rules from April 1, 2024: To invest in any scheme of any mutual fund house easily, an investor must have KYC Validated status. However, the KYC validated can be achieved only if the KYC documents submitted by an individual can be verified with the source issuing such documents.

8 May 2024 11:28 am
Marico shares up 1.99% as Sensex falls

A total of 200,312 shares changed hands on the counter till 11:26AM (IST)

8 May 2024 11:25 am
Infosys, Bajaj Finance among 9 stocks that earned downgrades in last 1 month

Infosys, Bajaj Finance, Wipro, HDFC Bank, HUL, Dalmia Bharat, Bandhan Bank, CIE Automotive, AU SFB target prices downgraded by brokers, indicating revised average target prices and upside potential.

8 May 2024 11:15 am