Kamat Hotels share price jumped almost 10 percent after Merlin Marketing acquired stake in the company. Merlin Marketing Pvt has acquired 3.5 lakh equity shares of Kamat Hotels India (representing 1.48 percent of its total paid-up equity capital) at Rs 34.76 per share. … [Read more...] about Taking Stock: Market snaps 5-day winning streak; Nifty holds 10,700 levels
Stock market
Taking Stock | Market ends flat but Nifty manages to hold 11,450; mid & smallcaps outperform
Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. … [Read more...] about Taking Stock | Market ends flat but Nifty manages to hold 11,450; mid & smallcaps outperform
After The Bell: Market ends flat; here’s what investors should do on Wednesday
“Correction shall get accelerated further going forward if index dips below 11250 levels with initial targets of 11100. Meanwhile, 11450 is emerging as a critical short term resistance point,” Mazhar Mohammad, Chief Strategist – Technical Research & Trading Advisory, Chartviewindia.in told Moneycontrol. … [Read more...] about After The Bell: Market ends flat; here’s what investors should do on Wednesday
Not FAANG, but Indian investors are lapping up ‘FAAMNG’ stocks
“A lot more Indians are spending a lot more money in US (globally) for Travel, Education, etc. We see these Indians building portfolios towards achieving these goals. In the last 10 months over 10,000 customers have started investing on such platforms - with a cumulative investment amount of over US$30 million,” Ankit Agarwal, Managing Director at Alankit Ltd told Moneycontrol. … [Read more...] about Not FAANG, but Indian investors are lapping up ‘FAAMNG’ stocks
DAILY VOICE: Valuations of largecaps & polarization of market into top 10-20 stocks are biggest risks, says Mihir Vora of Max Life
A: The Make-in-India theme encompasses a wide gamut of initiatives, including import reduction and export promotion. While the initial thrust was to create growth and employment, it started getting traction due to the US-China trade frictions. Multinational companies started looking at alternate sourcing bases for exports. In this phase, while India did get some business, the bulk of the benefit went to countries like Vietnam, Thailand, Indonesia, Malaysia etc. The Government has declared packages for Electronics, Pharmaceutical sectors, and I believe that many sectors like Consumer Durables (AC, Fridges etc), Chemicals, Defence manufacturing etc. will get direct, indirect incentives in addition to tariff & non-tariff barriers. … [Read more...] about DAILY VOICE: Valuations of largecaps & polarization of market into top 10-20 stocks are biggest risks, says Mihir Vora of Max Life
