During the month of April, mutual funds’ systematic investment plans (SIPs) saw inflows of over 3.8% when compared to the month before. The total SIP investments amassed from October 2021 to April 2022 were ₹79,975 crores. Interestingly, these investments have come at a time when foreign institutional investors (FIIs) have Read more…
Swamped by a horde of geopolitical issues like the Russia-Ukraine war, China’s strict COVID policies and rising inflation, to name a few, the global equity market is struggling to find its footing. Despite the INR seeing an all-time low, Indian IT companies continue to stay on their course of steady Read more…
How familiar are you with the Chinese town of Baise? As insignificant as it may be, Baise sent shockwaves across the world when it suddenly went into lockdown. Why? Because its nickname is the “Aluminium Capital of Southern China”. That’s right, when Baise shut down, the hindered logistics flows initially Read more…
No matter how long you have been trading or investing, the market never fails to surprise you. Take the ITC anomaly that unfolded on May 19th. Despite Nifty falling by 2% overnight, ITC gained over 4% in the morning. ITC shone in a red market, reporting an 11.80% YoY rise Read more…
The yellow metal has invariably been considered to be a haven for investment. Investors have consistently used gold to hedge against inflation and falling equity markets. There has always seemed to be an inverse correlation between gold and the equity markets; people have flocked to gold whenever there has been Read more…
There are many positive takeaways from ICICI Bank’s Q4 earnings. Q4’s net profit exceeded forecasts, thanks to improved asset quality, decreased provisions and solid loan growth. In addition, the private sector lender’s domestic net interest margin (NIM) and return on assets reached new highs. Meanwhile, in HDFC Bank’s fourth quarter, Read more…
The Indian IT and broader technology sectors have been the talk of the town ever since the pandemic caught us off-guard. Lately, another wave has taken the sector by storm—a wave of mergers and acquisitions (M&A). This ongoing trend isn’t just confined to India; its presence could be felt across Read more…
The Organization of the Petroleum Exporting Countries (OPEC) is a group of 13 Middle Eastern and African countries namely Algeria, Angola, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, the Republic of the Congo, Saudi Arabia, the United Arab Emirates and Venezuela. OPEC was formed in 1960 as a cartel Read more…