INVESTOR INTEREST


Moneylife Digital Team 10 November 2023
The trends of the major indices in the course of the week’s trading are given in the table below:     Index Open High Close Gain/Losses   In a week marked by fluctuations, the benchmark indices, Sensex and Nifty, managed to recover from earlier losses, concluding the...

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Moneylife Digital Team 10 November 2023
INDIAN MARKET TRENDS From 3rd November to 9 November 2023, ML Large-cap Index rose 2%. ML Mid-cap Index, ML Small-cap Index, ML Mega-cap Index, the NIFTY, ML Micro-cap Index and the Sensex rose 1% each.                                             FUND...

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IANS 10 November 2023
The share of private promoters in companies listed on NSE declined to a 4-year low of 41.55 per cent as on September 30, 2023, according to Primeinfobase, an initiative of Prime Database Group.   Over the last one year alone, it has fallen by 306 basis points from 44.61 per cent on...

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If you have read the book 1984 by George Orwell, you will know what I am talking about.   If not...   Big Brother (BB) is an unseen Supremo, personifying the power of the government. BB watches over what every single person does every moment of the day and seeks out anyone...

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Moneylife Digital Team 10 November 2023
Guidelines                                        1. The Grader captures the three factors that determine investments: valuation, returns and price strength. Our grader captures these three parameters.   2. In this system, A is a higher rank than B and so on. Since, in...

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IANS 10 November 2023
India equity mutual funds got inflows worth Rs 19,957 crore in October, up from Rs 14,091 crore in September, and the month saw the third highest monthly inflow into equity funds in the year 2023, as per Deepak Jasani, Head of Retail Research, HDFC Securities.   Small- and mid-cap...

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IANS 10 November 2023
The Supreme Court on Thursday refused to read down several key provisions of the Insolvency and Bankruptcy Code (IBC) pertaining to the personal guarantors' Insolvency Resolution Process.   A bench, headed by CJI D.Y. Chandrachud, upheld the constitutionality of the impugned...

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IANS 10 November 2023
The RBI has issued a notification allowing NRIs to invest, without any restrictions, in the Government’s Sovereign Green Bonds issued for 2023-24.   “It has now been decided to designate all Sovereign Green Bonds issued by the government in the fiscal year 2023-24 as ‘specified...

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IANS 10 November 2023
ICICI Bank said on Thursday that it has received the Reserve Bank of India’s (RBI) clearance for making ICICI Securities its wholly-owned subsidiary.   "We would like to inform you that today the bank has received approval from Reserve Bank of India for making ICICI Securities a...

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IANS 10 November 2023
New York, Nov 10 (IANS) Apple Inc reached an agreement with the US Department of Justice (DOJ) to resolve allegations that the tech giant illegally discriminated in hiring and recruitment against American citizens and certain non-US citizens whose permission to live in and work in the country...

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Moneylife Digital Team 09 November 2023
Rainbow Children’s Medicare (Rainbow) reported lower than estimated sales growth but profitability was good. Normally, the second quarter of the financial year is characterised by higher occupancy rates. Though the trend was positive in Q2FY23-24, according to the management, some...

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Moneylife Digital Team 09 November 2023
On Thursday, 1655 stocks advanced, 2050 declined and 122 remained unchanged, with an advance decline ratio of 0.81 on the Bombay Stock Exchange (BSE), indicating negative closing of stocks in broader markets. The trend of the major indices on Thursday’s trading is given in the table...

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IANS 08 November 2023
The Reserve Bank of India (RBI) has issued a new comprehensive master direction to banks and non-banking finance companies (NBFCs) on information technology governance, risk, controls and assurance practices which spells out the role of directors of these regulated entities to discharge their...

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IANS 08 November 2023
Petitioners challenging several provisions of the Insolvency and Bankruptcy Code (IBC), on Tuesday, told the Supreme Court (SC) that these not only failed to uphold the principles of natural justice but also infringed upon fundamental rights guaranteed under Article 21, 14 and 19 (1) (g) of...

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IANS 08 November 2023
Indian billionaire Sunil Mittal’s Airtel Uganda Ltd. failed to sell about half of the shares on offer in its initial public offering (IPO), as investors stayed away, preferring high-yield government bonds, a media report said.   Airtel said it managed to raise 211.4bn (billion)...

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Moneylife Digital Team 08 November 2023
The Delhi high court (HC) recently granted a permanent injunction in favour of Indiamart Intermesh and restrained one Sameer Samim Khan from using the mark 'Indiamart'. Mr Khan, who allegedly tried to misguide the public by posing as Indiamart's representative and offering them work-from-home...

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Moneylife Digital Team 08 November 2023
On Wednesday, 2019 stocks advanced, 1683 declined and 126 remained unchanged, with an advance decline ratio of 1.19 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets. The trend of the major indices on Wednesday’s trading is given in the table...

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Moneylife Digital Team 08 November 2023
Carborundum Universal (Carborundum) reported muted sales growth mostly impacted by rouble exchange rate. Its Russian subsidiary VAW’s (Volzhsky Abrasives Works) sales were up by 24% year-on-year (y-o-y), in rouble terms. But, in rupee terms, it registered a sales decline of 6%. Dumping by...

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Moneylife Digital Team 08 November 2023
LT Foods continued its stellar performance. Revenue growth was supported by scaling of distribution in basmati & other specialty rice segments. For Q2FY23-24, sales were up by 14.7% year-on-year (y-o-y) to Rs1,978 crore. Gross profit declined by 5% y-o-y, due to increase in input costs and...

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Moneylife Digital Team 07 November 2023
On Tuesday, 1992 stocks advanced, 1688 declined and 133 remained unchanged, with an advance decline ratio of 1.18 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets. The trend of the major indices on Tuesday’s trading is given in the table...

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