India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
NewsVoir Pune (Maharashtra) [India], July 7: The Bajaj Finserv Small Cap Fund is an open ended equity scheme predominantly investing in small cap stocks. It is an equity fund that invests in companies in their early stage of business growth. These companies rank 251st and beyond on the share market in terms of market capitalisation as per SEBI guidelines and they often operate in niche market sectors. As the Bajaj Finserv Small Cap Fund NFO nears its end, this can be a potentially suitable opportunity for you to explore the small cap space. Let's explore how the Bajaj Finserv Small Cap Fund may potentially fit into your mutual fund portfolio. Focus on quality to manage volatility Investing in a small cap company comes with its share of volatility. Being new businesses, they are more sensitive to market cycles, funding challenges and competitive pressure. The Bajaj Finserv Small Cap Fund addresses all these challenges through a quality-driven, research-backed stock-selection process. This means that the fund seeks to invest in companies that have strong fundamentals and suitable management practices. By focusing on businesses like these, the fund aims to minimise exposure to speculative companies and build a potentially robust portfolio that may be more suitable in the long run. However, it must be noted that even a quality portfolio cannot be immune to short-term market movements. Targeting long-term scalable growth One of the main objectives of the Bajaj Finserv Small Cap Fund is to select companies that have the capacity to scale in the future. This means that these companies are usually aligned to India's broader structural shifts. This fund also looks for long-term growth stories that are backed by sustainable businesses not just short-term gains. This emphasis on scalable growth, when combined with valuation discipline, is intended to support long-term wealth creation potential for investors. A research-driven and disciplined approach The small cap sectors can often have companies that are under-researched and overlooked. Many have limited analyst coverage or inconsistent disclosures. To overcome this, the Bajaj Finserv Small Cap Fund relies on in-depth analysis and Bajaj Finserv AMC's proprietary INQUBE philosophy to evaluate opportunities. This means scanning companies for their fundamentals, business models, and management track records. The fund management team also takes a meticulous approach to constructing the portfolio, seeking diversification across sectors. Through this active management of the fund, the portfolio may be able to respond to market movements and keep a long-term focus rather than be influenced by short-term switches. Who can consider investing? Here's a couple of deciding factors you may consider when investing in the Bajaj Finserv Small Cap Fund: 1. Your risk appetite - If you are someone with a higher risk appetite, this mutual fund may be a suitable option for you 2. Your investment horizon - If you are looking to invest for a longer period, the small cap space may be a potential option to explore 3. Your portfolio diversification - If you are looking to diversify your portfolio, a mutual fund in the small cap segment may be your opportunity to potentially add variety to your portfolio Considering all this, if you are still averse to exploring the small cap segment, you can start with a Systematic Investment Plan in the mutual fund of your choice. In this scenario, doing an SIP in the Bajaj Finserv Small Cap Fund may help you gradually build exposure in the small cap space while mitigating market risks and building long-term participation. You can consider using an SIP calculator to calculate your monthly SIP amount based on your financial goals. How to invest You can invest in the Bajaj Finserv Small Cap Fund online through the official Bajaj Finserv AMC website or via authorised mutual fund distributors. Investments can be made through direct or regular plans. To learn more about the investment process, visit www.bajajamc.com. Units will be available at an offer price of Rs. 10 per unit during the NFO period (June 27, 2025 - July 11, 2025). Conclusion If you are looking to venture into small cap investing, the Bajaj Finserv Small Cap Fund may offer you an entry point with its structured and quality-focused approach. The fund invests in companies that are trading under their intrinsic value due to a temporary shift which means that you can add companies with sustainable practices to your portfolio. Before investing, it is advisable to assess whether this fund aligns with your financial goals and risk tolerance. Investors may also explore systematic investing options like SIPs and consult a financial advisor to make a well-informed decision. Mutual Fund investments are subject to market risks, read all scheme related documents carefully. (ADVERTORIAL DISCLAIMER: The above press release has been provided by NewsVoir. ANI will not be responsible in any way for the content of the same)
NewsVoir New Delhi [India], December 4: OPPO India's latest flagship smartphone series, the OPPO Find X8 Pro and OPPO Find X8, is on sale starting - 3rd December 2024 across the OPPO e-store, Flipkart, and mainline retail outlets. The Find X8 series is a blend of cutting-edge performance, premium design, and innovative camera technology, complemented by exciting launch offers. Pricing & Launch Offers * OPPO Find X8 Pro (16GB + 512GB) is priced at INR 99,999 and can be got for as low as INR 82,000* with offers. * OPPO Find X8 (12GB + 256GB), priced at INR 69,999, is available for as low as ...Read More >
Small-cap Stock: Krystal Integrated Services Limited (Krystal) share price rose 5 per cent to ₹779.3 on Tuesday, November 26 after the company announced receiving a ₹106.3 crore contract from the Brihanmumbai Municipal Corporation (BMC). The contract, valued at ₹1,062.99 million ( ₹106.3 crore), covers three years and involves providing comprehensive attendant manpower services to BMC's Education and Security Departments. This initiative is aimed at improving public sector operational efficiency in Mumbai. Small-cap stock Krystal Integrated Services share was trading in the green, up 3.07 pe ...Read More >
Oppo recently announced its latest flagship smartphones, the Find X8 and Find X8 Pro, in India. Starting today, both handsets are available for purchase via online and offline platforms. In addition to this, Oppo is also offering additional bank discounts, easy no-cost EMI options and other benefits on the purchase. Oppo Find X8 and Find X8 Pro: Price and availability Oppo Find X8 is available in two variants. The 12GB + 256GB variant costs Rs 69,999, and the 16GB + 512GB variant costs Rs 79,999. The Oppo Find X8 Pro, on the other hand, is available in a single 16GB + 512GB variant and it ...Read More >
New Delhi [India], December 6 (ANI): After a steep correction in October 2024, where the Nifty 50 index fell around 6 per cent and closed 8 per cent lower than its all-time highs, FII outflows reduced in November, a sharp drop from October outflows says a report by JM Financials. The benchmark index remained largely flat in November, reflecting a calmer trading environment. Foreign Institutional Investor (FII) activity also exhibited a notable slowdown in selling pressure. FII outflows reduced to Rs182 billion (USD 2.2 billion) in November, a sharp drop from Rs919 billion (USD 10.9 billion) ...Read More >
The Reserve Bank of India raised the interest rate caps on Foreign Currency Non-Resident Bank (FCNR-B) deposits to attract more capital inflows, amid pressures on the rupee. Starting December 6, banks can offer higher rates -- up to 400 basis points for 1-3 year deposits and 500 basis points for 3-5 year deposits -- until March 31, 2025. This move comes as the rupee faces volatility.The Reserve Bank of India on Friday announced a raise in the interest rate caps on the Indian diaspora's foreign cu ...Read More >
C2C Advanced Systems shares made a strong debut on the NSE SME Emerge platform on December 3, listing at a premium of 90 percent at Rs 429.40 against the issue price of Rs 226. The much-anticipated listing came despite an earlier postponement, which saw a setback for the company after over 3.72 lakh applications worth Rs 27 crore were withdrawn following regulatory action by the Securities and Exchange Board of India (SEBI). C2C Advanced Systems, a vertically integrated defence electronics solutions provider, focuses on indigenously developed products for India's defence sector. Track All I ...Read More >
Mumbai, December 4: The domestic benchmark equity indices closed in green on Wednesday as buying was seen in PSU bank and realty sectors. The investors are keenly watching the Reserve Bank of India's (RBI) monetary policy committee (MPC) meeting which will announce its decision around the repo rate on Friday. Banking stocks rose amid volatile sessions in the market due to the possibility of Cash Reserve Ratio (CRR) cut by the central bank. Sensex settled at 80,956.3, higher by 110.58 points, or 0.14 per cent, while the Nifty ended at 24,467.45, up by 10.30 points, or 0.04 per cent. Stock Mark ...Read More >
India's growth in gross domestic product (GDP) of 5.4% in the three months ended 30 September, or the second quarter of 2024-25, was a shocker. It undershot even the most pessimistic forecasts. It's the lowest level seen since the third quarter of 2022-23 and a sharp drop from 8.1% growth in the same period last year and also from 6.7% in the first quarter of 2024-25. The consensus expectation stood at about 6.5% and the Reserve Bank of India (RBI) was expecting around 7% growth till its October policy, only to pare it to 6.8%. Growth in gross value added (GVA), which is the preferred measure ...Read More >
New Delhi, Dec 4 (PTI) Axis Securities on Wednesday settled a case involving front-running trades by Vikrant Bhimrao Kadam, who worked as its dealer, and his friend, after paying Rs 14.62 lakh towards settlement amount to Sebi. It was alleged that as a stock broker, Axis Securities failed to exercise appropriate due diligence in the matter in its dealer and branch manager compliance policy. Also Read | Latest Government Jobs Notifications: Apply for 98 Court Officer, Assistant and Other Posts of NCLT Recruitment 2024; Know Salary and Other Details Here. The order came after Axis Securities ...Read More >
Mumbai, November 26: The final allotment for the NTPC Green Energy IPO has been confirmed, and investors can now check their status through bank debit messages or online platforms such as the BSE, NSE, and Kfin Technologies. The shares of NTPC Green Energy, which opened for subscription on November 19 and closed on November 22, are set to be listed on the stock exchanges on Wednesday, November 27, 2024. The public offering received strong investor interest, with the issue oversubscribed by 2.42 times, according to the National Stock Exchange (NSE). Analysts maintain a positive long-term outlo ...Read More >
At the interbank foreign exchange, the rupee opened at 84.49 against the greenback, registering a fall of 2 paise over its previous close The rupee fell 2 paise to trade at 84.49 against the U.S. dollar in early trade on Friday (November 29, 2024) dragged down by significant foreign fund outflows and month-end dollar demand from importers. Forex traders said the rupee remains in a weakening mode due to dollar demand from importers and foreign banks. At the interbank foreign exchange, the rupee opened at 84.49 against the greenback, registering a fall of 2 paise over its previous close. On ...Read More >
The company's shares, which were priced at just ₹7.75 apiece three years ago, have skyrocketed by an incredible 25,758%, currently trading at ₹2,004. At the stock's peak price of ₹3,169, achieved in early October, the returns were even more astounding, reaching 40,790%. Eraaya Lifespaces has been making significant strides on Dalal Street, with its shares consistently reaching record highs month after month, delivering substantial returns to its shareholders in a relatively short time. The company's shares, priced at just ₹7.75 apiece three years ago, have skyrocketed by an incredible 25,758 ...Read More >
HDFC bank's m-cap last breached the Rs 14 lakh crore mark on November 28 during intraday trade, before the stock settled below Rs 1,800 In a significant block deal on Tuesday, 21.7 lakh shares of HDFC Bank were sold, according to Bloomberg. This transaction led to a rise in the bank's market capitalization, surpassing Rs 14 lakh crore during morning trading, with shares increasing by as much as 2% to Rs 1,837 on the BSE. Although the identities of the buyers and sellers remain undisclosed, the deal is valued at approximately Rs 392 crore, based on the previous day's closing price of Rs 1,804 ...Read More >
NewsVoir Pune (Maharashtra) [India], December 6: Bajaj Finserv AMC has launched its latest offering, the Bajaj Finserv Healthcare Fund, which is available for subscription from 6th to 20th December 2024. This new fund is designed to capture the immense opportunities emerging in India's healthcare space, allowing investors to tap into the evolving megatrends while building wealth over the long term. The health and wealth connection As India's population grows and ages, the demand for healthcare services, products, and innovation is expected to soar. In fact, the healthcare sector is set to b ...Read More >
So, we believe the seasonality flavour should work out in the month of December. Apart from that market breadth that is more important to look out for where only if you look in the current corrective phase only 12% of the stocks were trading above the day moving average of total CNX 500 and that is coming to now improving to around 33%."We expect Nifty to find the support in the range of around 23,500 to 23,700 and we should be gradually heading towards the target of 24,500," says Dharmesh Shah, ICICI Direct. How is the new series looking to you? Do you think we are all awaiting that Santa ra ...Read More >
Trump warns BRICS nations against replacing US dollar Dec 2 (Reuters) - A gauge of emerging market stocks rose on Monday, driven by positive manufacturing data from China and expectations of continued policy support from Beijing, while India's rupee hit a record low because of weaker-than-expected economic data. As of 0932 GMT, the MSCI's index for emerging market stocks had risen by 0.7%, on track for its biggest percentage gain in over three weeks. China's blue-chip CSI 300 climbed 0.8%, and the Shanghai Composite index jumped 1.1% after a private survey indicated that Chinese factory act ...Read More >
Given the strong subscription response, Ganesh Infraworld's latest GMP stands at Rs 73, indicating an upside potential of 88% above the upper price band.The SME initial public offering (IPO) of Ganesh Infraworld received a strong response from investors with an overall subscription of 103.2 times by 12:19 pm on the final day of the bidding process. The IPO will close on December 3. The company aims to raise Rs 98.6 crore through the SME IPO, which is a fresh equity sale of 1.18 crore shares, and list the shares on the NSE SME platform. The net proceeds from the public offer will be used for ...Read More >
SynopsisOn the technical charts, the RSI of the stock stood at 49.49.Shares of Bajaj Holdings & Investment Ltd. traded 1.41 per cent at Rs 10447.00 at 01:30PM (IST) on Tuesday, even as BSE benchmark Sensex 227.01 points to 79882.84. The stock had closed at Rs 10596.80 in the previous session. The stock quoted a 52-week high price of Rs 11348.50 and 52-week low of Rs 7212.00, respectively. As per BSE data, total traded volume on the counter till 01:30PM (IST) stood at 638 shares with a turnover of Rs 0.68 crore. At the prevailing price, shares of the company traded at 15.71 times its trailing ...Read More >
In a turbulent market environment, Leslie's Inc. (LESL) stock has tumbled to a 52-week low, reaching a price level of just $2.42. This significant downturn reflects a stark contrast from its performance over the past year, with the company's shares experiencing a precipitous decline of -54.12%. Investors are closely monitoring Leslie's financial health and market position, as the stock's current valuation marks a critical juncture for the company's future trajectory. The substantial year-over-year drop has raised concerns among shareholders and market analysts alike, as they seek to understand ...Read More >
China and Hong Kong stock markets are experiencing a downturn due to rising concerns over the U.S.-China trade war, particularly regarding proposed tariffs and chip sales restrictions. The CSI300 and Shanghai Composite indexes fell, while Hong Kong's Hang Seng Index dropped 1.32%. Investors are wary of potential new restrictions on semiconductor and AI chip exports to China, further exacerbating market uncertainty. The automotive sector, led by BYD, also suffered from intense price competition among Chinese carmakers. Investor sentiment remains cautious, reflecting fears of escalating trade te ...Read More >
Mumbai, November 29: The Indian stock market opened in green on Friday as buying was seen in the Media and Pharma sector in early trade. At around 09.44 a.m., the Sensex was trading at 79,369.57 after gaining 325.83 points or 0.41 per cent, while the Nifty was trading at 24,019 after rising 104.85 points or 0.44 per cent. The market trend remained positive. On the National Stock Exchange (NSE), 1345 stocks were trading in the green, while 876 stocks were in the red. Nifty Bank was up 224.45 points or 0.43 per cent at 52,131.30. Nifty Midcap 100 index was trading at 56,397.95 after gaining 97. ...Read More >
NEW DELHI: Backing embattled Adani Group, rating agency CRISIL Ratings on Friday said the conglomerate has sufficient liquidity and operational cash flows to meet debt obligations and committed capex and that there has been no negative actions so far by lenders and investors following the US indictment of group founder chairman. The Adani Group, which has the flexibility to reduce certain discretionary capital expenditure (capex) depending on developments in financial markets and future capital availability, has a healthy Ebitda and cash balance that reduces its dependence on external debt to ...Read More >
Amazon Web Services (AWS) has launched the Quantum Embark advisory program to help businesses prepare for the emerging quantum computing era. The program comes as quantum stocks, like IonQ, see significant growth, driven by innovations in drug discovery, cryptography, and materials science. Companies like D-Wave and Rigetti are advancing quantum technologies, with D-Wave focusing on optimization problems and Rigetti on scalable quantum systems. Despite early financial losses, these companies are gaining traction with government contracts and commercial clients. As quantum computing evolves, in ...Read More >
Anuj Kumar, Director & CEO of CAMS, highlights that despite recent market corrections, the company expects FY25 to be one of its strongest years. CAMS continues to dominate by winning 70-80% of new bids, focusing on execution and margin expansion, and anticipates significant revenue and profit growth driven by mutual funds and associated business lines.Anuj Kumar, Director & CEO, CAMS, says there has been some market correction and some flattening of the mood in the last two months. But as things come back, we should be holding our projections and FY25 should be one of the strongest years in t ...Read More >
The Chinese yuan was also facing its own challenges from the growing threat of more U.S. tariffs on China, pushing it down to a 13-month trough. Japan's tech-heavy Nikkei jumped 1.6% as of 0200 GMT, and South Korea's KOSPI advanced 1.7%. Taiwanese shares gained 1.1%. Australia's stocks benchmark rose 0.7% and reached a fresh all-time high. However, Chinese stocks were under pressure, with Hong Kong's Hang Seng edging slightly lower and mainland blue chips falling 0.3%. MSCI's broadest index of Asia-Pacific shares added 0.7%. Both S&P 500 and Nasdaq futures were flat after the cash indexes ...Read More >
Markets opened on a cautiously optimistic note on Wednesday, with the Sensex and Nifty showing marginal gains, while investors closely monitored global economic indicators and upcoming domestic policy decisions. The Sensex opened higher at 81,036.22 from its previous close of 80,845.75 and is currently trading at 81,168.92 as of 9.45 am, up by 323.17 points or 0.40 per cent. Similarly, the Nifty opened at 24,488.75 compared to its previous close of 24,457.15 and is now at 24,558.20, rising by 101 ...Read More >
During Tuesday's trading session, the shares of a global leader in glass-lined equipment surged nearly 3 percent to Rs. 1,247.5 on BSE, after a foreign portfolio investor (FPI) bought shares worth a total of around Rs. 167.4 crores in the company via a bulk deal. With a market capitalisation of Rs. 5,524 crores, at 02:19 p.m., the shares of GMM Pfaudler Limited were trading in the green at Rs. 1,228.7, up by nearly 1.4 percent, as compared to its previous closing price of Rs. 1,211.3. As per the latest block deal available with the NSE, foreign portfolio investor Amansa Holdings Private Limi ...Read More >
Around 16 equity mutual funds have offered more than 30% CAGR in the last three years, based on the daily rolling returns. There were around 222 equity mutual funds that have completed three years of existence in the market. These 16 schemes were from six different categories. 10 small cap funds, two mid cap funds, a multi cap, flexi cap, contra fund, and an ELSS fund offered over 30% CAGR in the mentioned period. The first four toppers in the list were from the small cap category. Quant Small Cap Fund offered the highest CAGR of around 43.60% in the last three years based on daily rolling r ...Read More >
Zee Entertainment Enterprises Ltd (ZEEL) shares rose 5% on November 29 a day after shareholders rejected proposal to reappoint Punit Goenka as director. The media firm's shares rose over 5% to Rs 132.69 apiece on November 29. In a regulatory filing by the company on November 28, ZEEL said that the resolution for the reappointment of Goenka was defeated in the annual general meeting (AGM) of the company. Resolution number three in the AGM, which proposed the reappointment of Goenka as director, was supported by only 49.54 per cent of the total number of votes cast while 50.4 per cent voted a ...Read More >
Trump's pressure on countries to remain tied to a US-dollar-based financial system could backfire, with potential increased motivation for BRICS to create alternatives. While the dollar's dominance persists due to existing economic strengths, recent global currency agreements indicate a cautious shift away from reliance on the greenback.Donald Trump's pressure on countries around the world to stay anchored to a US-dollar-based financial system is a tactic that risks backfiring, market watchers say. Dollar dominance looks set to continue for the foreseeable future and emerging nations' idea of ...Read More >