India has enjoyed a boom in the consumption of mobile data. Data usage has grown by a whopping 47% in FY18-19 alone, and 4G has constituted 96% of all data traffic. While mobile telephone companies (telcos) are not exactly enjoying the fruits of this boom due to the highly disruptive role...
We had mentioned in last week’s closing report that Nifty, Sensex were still under the attack of bears. The major indices crashed on Monday but recovered over the remaining week, and ended with minor losses over previous Friday’s close. The trend of the major indices in the course of the...
INDIAN MARKET TRENDS
From 20th March to 26th March, the Sensex ended flat, while the NIFTY fell 1%. ML Mega-cap Index fell 2%. ML Micro-cap Index, ML Mid-cap Index and ML Large-cap Index declined 7% each. ML Small-cap Index dropped 8%.
FUND...
Mutual funds (MFs) saw an unprecedented rise in redemptions from their liquid and bond schemes, as a stock market crash presented an opportunity to buy equities for cheap. Also, minor losses in liquid schemes, due to fall in bond prices, spooked many investors, including corporate treasury...
One of the high-flying companies of the previous bull market was Quess Corp (Quess), an integrated business services-provider which was started in 2007. It has a unique business model -- offering outsourced services to companies in areas of staffing, technology, facilities...
