Cartrade Tech: Investors lose 60% of their wealth in this newly listed IPO

Cartrade Tech made a weak debut as it listed with a 1.11% discount to the issue price of ₹1,618, and within a month after its listing, the stock dropped to ₹1,141.45. By the end of December 2021, the stock plummeted to ₹850 levels, which is 47% lower than its issue price.

Bandhan Bank: ICICI Securities sees over 60% upside despite the stock trading at a 7-month low; Here's why

According to the ICICI securities, Bandhan Bank's net interest income will rise from ₹8,700 crore in FY22 to ₹10,500 crore in FY23 and to ₹12,300 crore in FY24. The bank's net profit is also expected to increase from ₹100 crore in FY22 to ₹4,500 crore in FY23.

Mutual funds' share in household savings jump 150% in FY22: Report

Given that households saved a total of ₹25 lakh crore in the last financial year, the share of MFs in total gross savings stood at 6.3 percent — the highest in four financial years.

Pound Resumes Fall as BOE Move Fails to Quell Tax-Cut Concerns

The pound snapped a two-day gain after the Bank of England’s bond-buying program failed to quell jitters over the UK’s tax-cut plan.

Nykaa jumps over 5% as board meets on October 3 to consider bonus share issue

Nykaa rose as much as 5.6 percent in today's deals to its day's high of ₹1,350. In comparison, the Sensex and Nifty were trading around 0.6 percent higher.

Quant Fund Rebuffs Debt Worries to Bet Big on India Adani Stocks

A quant fund is betting big on billionaire Gautam Adani’s flagship company, brushing aside concerns of leverage in the market, and burnishing its own performance in the process.

Market Open: Sensex advances 567.86 points to 57,166.14 in early trade; Nifty climbs 167.45 points to 17,026.05

Sensex advances 567.86 points to 57,166.14 in early trade; Nifty climbs 167.45 points to 17,026.05

FPIs resume selling Indian equities as more aggressive rate hikes loom

Apart from rate hikes, geopolitical tensions, sticky inflation, and the fears of a recession are also among the factors that have kept the market in the doldrums.

<ul><li>Apart from rate hikes, geopolitical tensions, sticky inflation, and the fears of a recession are also among the factors that have kept the market in the doldrums.</li></ul>

Jamtara on Netflix: Here are money lessons you can learn from the show and save yourself from financial frauds

It is a straight out of a movie script. A guy sitting in a nondescript village rings up random people pretending to be a bank official and tricks them into sharing their credit card details. Read further to know how can you protect your bank account from such fraudsters

Before Market Opens: Sensex, Nifty likely to open higher; 9 things to know at 9 am on September 29, 2022

Indian markets are likely to open higher on Thursday, snapping a 6-day losing streak as Asian peers staged a comeback after Wall street rose in overnight deals. At 8:20 am, the SGX Nifty was trading 146 points or 0.86 percent higher at 17,035, indicating a gap-up opening for the Indian markets. Let's take a look at some key market cues before the market opens today:

AU Small Finance Bank is Axis Securities' pick of the week; 3 reasons explained

Axis is bullish on AU Small Finance Bank on the back of encouraging growth prospects, healthy asset quality, strong deposit franchise, and well-capitalized to fuel growth post the recent capital raise.

Recession on horizon? 4 ways to ensure financial security during these tough times

Recessions are inherent to economic cycles. They are necessary too as they allow you enough time to assess the quality of your current investments while also helping to park money in good investments at attractive valuations. Irrespective of the longevity of the recession, you must have in place a proper strategy in place to take care of your finances.

Latest News

Cartrade Tech: Investors lose 60% of their wealth in this newly listed IPO

Bandhan Bank: ICICI Securities sees over 60% upside despite the stock trading at a 7-month low; Here's why

Mutual funds' share in household savings jump 150% in FY22: Report