PUBLIC SECTOR COMPANIES
Don't be nuts! A man walks into a bar. It's empty, except for the bartender. He sits down and orders a drink. He hears someone whisper, 'Psst... I like your tie.' The man looks around but doesn't see anyone. 'Psst... that colour looks nice on you.' He asks the bar...
28 Jun, 2024, 11.14 PM ISTAmazon cloud giant AWS wants public sector to embrace AI Amazon's AWS, the world's biggest cloud computing outfit, is making a major push to entice the public sector to join the artificial intelligence revolution, as the generative AI race with Microsoft and Google heats up. The scramble for public sector...
27 Jun, 2024, 11.10 AM IST3 themes to bet on now for pre-Budget plays: Gurmeet Chadha Gurmeet Chadha says that the market is trying to position on the pre-Budget period. But there are very few pockets which give a lot of valuation comfort. So, we have to be very selective in terms of what we buy and ensure that we do not end up payin...
25 Jun, 2024, 08.50 AM IST- ADVERTISEMENT
Headwinds of high FPI exposure, but good for long term: 6 stocks the financial services sector with an upside potential of up to 25 % One of the most intriguing aspects of presenting the return performance of stocks, or any asset class for that matter, is how a slight adjustment in the calculation date can dramatically alter the perception, making the glass appear either half full...
24 Jun, 2024, 01.34 PM ISTPSU stocks feel poll result heat; Cochin Shipyard, Bharat Dynamics worst hit, fall up to 10% PSU stocks like Cochin Shipyard and Bharat Dynamics fell by 10% following the BSE PSU index's 4% drop post Lok Sabha election results. Analysts remain positive on PSUs as they see government entities having an advantage.
05 Jun, 2024, 11.52 AM ISTRailways stocks tank up to 33% in 2 days following narrow BJP-led NDA's election win In today's trade, railway stocks fell by up to 17%. Titagarh Rail shares tumbled 33%, while Ircon declined by over 26%. Meanwhile, RailTel and IRCTC also fell by over 19% in the past two sessions. Shares of RITES, IRFC, RVNL, Texmaco Rail Systems, a...
05 Jun, 2024, 11.29 AM ISTRaamdeo Agrawal's advice to SIP investors amid market correction Market loves myth, I mean myth of public sector company, myth of private sector company, I think that has to be broken down but markets works the way it works, I mean they love to put PSU as a separate category altogether and private sector as a sep...
05 Jun, 2024, 08.00 AM ISTWhat big bulls on D-Street said on market, election trends and investment strategy Markets initially reacted based on the exit polls, which seemed to foster a lot of optimism. Many expected a post-election rally, as indicated by conversations suggesting bullish sentiments. Therefore, the reaction observed on Tuesday can be seen as...
04 Jun, 2024, 08.35 PM ISTGIFT Nifty soars 800 points; here's the trading setup for today's session Equity markets faced pressure last week due to election uncertainties and FII selling. Analysts predict a positive market reaction on Monday post BJP win in exit polls.
03 Jun, 2024, 08.19 AM ISTIndian weapons falling into wrong hands? Defence Ministry tightens monitoring The defence ministry is enhancing monitoring of defence equipment production and requiring companies to adhere to end-user certification rules for exports. The sector has seen a surge in arms and weapons production, particularly in response to the U...
28 May, 2024, 12.34 PM ISTView: India’s state sector is thriving. That’s a problem Ten years ago, Narendra Modi, a supporter of private sector growth, became India's Prime Minister. His focus on reviving public-sector companies challenges the expectation of minimal government involvement in business.
27 May, 2024, 07.10 AM ISTBanking sector is the place to be, don’t be put off by FII selling: Andrew Holland Andrew Holland, CEO of Avendus Capital Public Markets Alternate Strategies LLP, discusses the impact of FII selling on bank stocks and the upcoming market trends post-elections. Coming to pharma, Holland says the bottom was hit some months back for ...
23 May, 2024, 08.54 AM ISTNifty Midcap 150 hits another high; Vix hints at some fear The index rose 0.3% to end at 19,413 - a record close, while the benchmark Nifty gained 0.1% to close at 22,529.05. The volatility index, or India VIX - market's fear gauge, jumped 6.3% to 21.81, suggesting traders see risks in equities in the near ...
22 May, 2024, 05.40 AM ISTBest banking & PSU mutual funds to invest in May 2024 Mutual fund advisors say banking & PSU debt schemes are ‘relatively’ safe because these schemes invest only in bonds and papers of banks and public sector companies. Since most of these entities are government-backed, they don’t have the credit risk.
21 May, 2024, 10.46 AM ISTIndian banking sector pips IT as net profit tops Rs 3 lakh crore in FY24, rises 39% YoY India's banking sector reached a historic milestone with a net profit surpassing Rs 3 lakh crore in FY24. The combined profit of listed public and private sector banks surged by 39%, totaling Rs 3.1 lakh crore compared to Rs 2.2 lakh crore in FY23. ...
20 May, 2024, 02.07 PM ISTCan't direct CBI to register FIR: Special Court to MMTC on coal import scam A special court has rejected a request from the Metals and Minerals Trading Corporation of India (MMTC) for the Central Bureau of Investigation (CBI) to file an FIR regarding purported corruption linked to the import of coal from an Australian compa...
16 May, 2024, 06.21 PM ISTLarge PSUs' capital expenditure reaches ₹50,200 crore in April FY25, slower growth than previous year Large public sector companies in India spent over Rs 50,200 crore on capital expenditure in April FY25, 6.46% of the annual target of Rs 7.77 lakh crore. Spending was lower than in April FY24. The Finance Ministry expects spending to increase. Railw...
12 May, 2024, 01.04 PM ISTGovernment 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 discou...
10 May, 2024, 10.07 AM ISTState-run cos thriving under PM Modi's leadership: FM Nirmala Sitharaman A high-level expert panel on floor wages in India is set to re-examine the wage rates finalised earlier, considering minimum wages notified by all states across three categories. The panel, led by SP Mukherjee, will hold its final meeting on May 27 ...
09 May, 2024, 12.06 AM IST2 public sector companies in the energy space line up with 5-8% gains Nifty hit a high soon after opening but could not maintain the altitude due to selling pressure. It dipped into negative and closed with a loss.
06 May, 2024, 12.32 PM IST