Artificial Intelligence (AI) is transforming businesses and driving growth for companies specializing in this futuristic technology. Here are 5 AI stocks that should be on investors’ radar in 2024: Affle (India) Ltd Affle is a leading ad-tech company offering consumer intelligence, platform solutions and digital marketing services. Its proprietary AI-powered platform enables digital advertising, ensuring […]
Let’s get into today’s brokerage calls and analyst views, we will break down the winners and the ones facing a bumpy ride. General Insurance Sector: Growth and Challenges CLSA on General Insurance: ICICI Lombard grew 20% YoY in Q1, but analysts expect a combined ratio of 102.8%, 100 bps up YoY. Star Health grew 18% […]
Key Updates in Indian Financial Markets Be assured of the latest pivotal updates about the Indian financial landscape with the trusted market broker, Parasram, where you get information on key movements and strategic decisions taken by major companies and sectors. HDFC Bank Unveils Latest Shareholding Pattern HDFC Bank has announced the latest shareholding pattern, giving […]
Dominating the Markets: Stocks with Robust Fundamentals In the world of investing, certain stocks stand out not just for their performance but for their near-monopolistic dominance in their respective sectors. Here’s a snapshot of some remarkable stocks that have cemented their leadership and might deserve a spot in your portfolio. IRCTC: The Ticketing Titan Sector: […]
The market posted moderate gains in another volatile week that ended on June 9, amid mixed cues including a policy outcome consistent with RBI’s cautious stance on inflation, less participation by foreign investors, and a surprising rate hike by Australia’s and Canada’s central banks that caused uncertainty about the upcoming meeting of the US Federal […]
At market close, the Sensex fell 223.01 points, or 0.35 percent, to 62,625.63 and the Nifty fell 71.10 points, or 0.38 percent, to 18,563.40. Approximately 1705 shares rose, 1727 shares fell, and 107 shares remained unchanged. On June 9, benchmark indices in India closed lower for the second consecutive session. At market close, the Sensex […]
Even after the stock went ex-dividend on May 30, Vedanta’s shares were able to increase by 2% to Rs 287.45. When a stock becomes ex-dividend, its price typically decreases. This was not the case with Vedanta, however. Last week, the company’s board of directors adopted a first interim dividend of Rs 18.50 per share for […]
Kotak Mahindra AMC announces the introduction of the Kotak Nifty 200 Momentum 30 Index Fund on May 25. The open-ended Kotak Nifty 200 Momentum 30 Index Fund was introduced by Kotak Mahindra Asset Management Company on Tuesday. The objective of the new fund is to monitor the performance of the top 30 companies in the […]
The breakthrough of an ascending triangle formation is typically interpreted as a bullish signal for Paytm. This pattern consists of a resistance level with a flat top and a support level with an upward slope, indicating potential buying pressure. As it approaches its 20-day moving average (20-DMA), the Nifty index exhibits significant bullish momentum. Nonetheless, […]
The Reserve Bank of India (RBI) announced on May 4 that the interest rate on the Government of India’s Floating Rate Bond 2024 (FRB 2024) will be 6.97 percent for the period from May 7, 2023 to November 6, 2023. “It is to be recalled that the interest rate on the FRB 2024 will be […]
