On the other hand, shares of Sterlite Technologies plunged 4.69 percent, emerging as the top loser of the index. Shares of Bharti Infratel (down 2.24 percent), HFCL (down 1.39 percent) and Optiemus Infracom (down 0.47 percent) also ended as the losers in the index. … [Read more...] about Bharti Airtel, Vodafone Idea and MTNL keep BSE Telecom index in the green
Nzx 50 index
Last week, Moneycontrol learnt from sources that Prime Minister Narendra Modi has been doing several meetings with industry players and bureaucrats before the Union Budget which indicated that the government may be preparing big bang budget with the intention to revive economy. … [Read more...] about Realty index hits 20-month high on hopes of sops in Budget
As many as 78 stocks will declare their results for the September quarter which include names like Aarti Drugs, Bajaj Auto, Biocon, Castrol India, HCL Technologies, Hero MotoCorp, JSW Steel, KPIT Tech, L&T, NIIT Tech, Torrent Pharma, and ZEE Media, etc. among others. … [Read more...] about Early on D-Street| Upside in Nifty to remain capped unless index breaks above 11,700
High beta stocks within the Nifty50 have significantly outperformed the low beta stocks (12.3% for beta >1 and 2.4% for beta < 0.9) since September-end, which is a sharp trend reversal seen during the first three quarters of CY19 when low beta and quality stocks outperformed, said a report. … [Read more...] about 15 high beta stocks in BSE500 index gain 20-40%; should you buy ahead of Budget?
“The potential increased savings arising on account of an increase in the limit of PPF by Rs 1 lakh from Rs 1.5 lakh to Rs 2.5 lakh is immense if we consider that there could be over 3 crore individual taxpayers having a gross total income of Rs 5 lakh or more. Compared to other measures around providing tax relief, this one has the advantage of garnering significant personal savings,” Gautam Mehra, leader, tax and regulatory services, PwC India, told The Economic Times.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Budget 2020: Govt may increase PPF exemption limit to Rs 2.5 lakh, exempt Rs 50,000 separately under NSC