Multibagger stock Patel Engineering corrects 38% from recent peak. Right time to buy?

Post Views: 162 Shares of Patel Engineering, one of the major infrastructure and construction companies, have been on a downward trajectory over the last 7 months (including January), losing 26% of their value to trade at the current level of ₹48.30 apiece. Notably, the stock has corrected 38.36% from its February 2024 peak of ₹79. … Read more

Income Tax: These deductions and exemptions are allowed only under old tax regime

Post Views: 121 In the financial year 2023-24, the new tax regime became the default regime. This regime’s tax rates are lower than those of the old regime, but it phases out most of the exemptions and deductions. This means if you want to avail any of these exemptions, you must opt specifically for the … Read more

Loan moratorium extension: Everything you should know about impact and process

Post Views: 131 A loan moratorium is a period during which debtors are protected from having to pay Equated Monthly Instalments (EMIs) and other repayments. It temporarily suspends the repayment of a loan. However, the specific terms of a loan moratorium can vary significantly depending on the lender, the type of loan, and the circumstances … Read more

4 reasons why Devina Mehra thinks 90-hour work week idea is ’bunkum’

Post Views: 138 Devina Mehra, the founder of First Global, offered a strong critique of the idea of working long hours, such as 90 hours a week, saying in a social media post, “This type of recommendation of working for ‘nation-building’ or ‘company-building’ is bunkum.” Her comments came following a statement by Larsen and Toubro … Read more

Is it time to rethink India’s market cap classifications?

Post Views: 119 The Association of Mutual Funds in India (Amfi) recently released the updated half-yearly data on market capitalization classifications for listed stocks. As defined by the Securities and Exchange Board of India (Sebi), largecaps are the top 100 companies by market capitalization, midcaps are ranked 101 to 250, and smallcaps are those ranked … Read more

B.R.Goyal Infrastructure IPO allotment to be out soon: Here are steps to check status online, GMP

Post Views: 130 B.R.Goyal Infrastructure IPO: The allotment for the issue that opened for subscription on January 7, 2025 and ended on January 9, 2025 is expected to be out soon. The tentative listing date for B.R.Goyal IPO on BSE SME had been set as Tuesday, January 14, 2025. Link Intime India Private Ltd is … Read more

Oil Sanctions Concern Spurs Asian Buyers to Seek Alternatives

Post Views: 104 (Bloomberg) — Oil refiners in India and China have increased crude purchases from the Middle East and other regions amid concern that further restrictions on imports from Russia and Iran may crimp access to supplies. This week, two Indian state refiners bought up to 6 million barrels of Oman and Abu Dhabi’s … Read more

Auto stocks to buy: Jefferies lists 3 top investment picks from the sector

Post Views: 209 Jefferies has expressed a positive outlook on the Indian automobile sector, identifying Mahindra & Mahindra (M&M), Eicher Motors, and TVS Motor as its top three investment picks.  The brokerage expects a robust growth trajectory for two-wheelers and tractors, projecting a compound annual growth rate (CAGR) of 13-15 per cent over the next … Read more

Top Gainers and Losers today on 10 January, 2025: Tata Consultancy Services, Tech Mahindra, Shriram Finance, Indusind Bank among most active stocks; Check full list here

Post Views: 138 Top Gainers and Losers Today : **Top Gainers and Losers Today** The Nifty index concluded the trading session at 23,526.5, reflecting a decline of 0.4%. Throughout the day, the Nifty reached a peak of 23,596.6 and a low of 23,344.35. Meanwhile, the Sensex fluctuated between 77,919.7 and 77,099.55, ultimately closing at 77,620.21, … Read more