Conservative hybrid mutual funds are the entry to the world of hybrid funds. These schemes invest mostly in debt and a small percent in equity. As per the Sebi norms, conservative hybrid schemes must invest 75-90% in debt instruments and 10-25% in stocks. These schemes are ideal for investors looking to invest a small part of their corpus in equity to earn some extra returns.
Promoters held 23.75 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 57.33 per cent and 12.33 per cent, respectively.
I think we are maybe one or two quarter away from it flowing down to even outsourcing. But because markets are forward looking, you can see a big run up even in the Indian IT services much before the actual numbers come.
As of June 20, there was a notable surge in futures open interest for four stocks in the NSE F&O pack, contributing to a total increase in open interest of over 15% as compared to the previous trade.
Australia defeated Bangladesh by 28 runs in a rain-interrupted T20 World Cup match. Pacer Pat Cummins took a hat-trick and Adam Zampa picked up two wickets to restrict Bangladesh to 140/8. David Warner's unbeaten 53 helped Australia reach 100/2 before rain halted play, securing the win as the DLS par score at that point was 72.
The Uttar Pradesh government has blacklisted Gujarat-based Edutest Solutions, responsible for conducting the UP Police constable recruitment examination, after the exam paper was leaked and the exam was cancelled in February. The owner, Vineet Arya, has not appeared before investigators, and the company is under the scanner of the STF. The government pays ₹40 for each paper, with ₹37 for security. Arya's arrival is awaited as the investigation is completed.
The Nifty Bank index was trading 0.52 per cent down at 51513.6.
India gold mine location: Gold mines in India and their locations. Where are some of the biggest gold mines in India located?
According to data from stockedge.com, on June 20th, three stocks from the Nifty50 pack were identified in the RSI Trending Up scan.
A total of 51,389 shares changed hands on the counter till 10:10AM (IST)
On Friday, South Korea's military said it had fired warnings shots the previous day to repel several North Korean soldiers who briefly crossed the military demarcation line that divides the countries while engaging in unspecified construction work.
According to technical scan data from stockedge.com, on June 20th, the closing prices of five stocks in the Nifty500 pack declined by more than 1.5% compared to the Volume Weighted Average Price (VWAP).
Facing policy challenges after recent election losses, Indian Prime Minister Narendra Modi grapples with controlling food inflation without angering farmers through export curbs and increased imports. With crucial provincial elections looming, Modi must balance economic measures and farmer interests to maintain political stability and address rural discontent.
Ajay Thakur, former Head, BSE SME & Startup, recalls how it was a challenging journey to convince SMEs to get listed and see the benefits that would follow ahead.
The net proceeds from the Stanley Lifestyles IPO will be used for expenditure for opening the new stores, anchor stores, and renovating existing stores. The current grey market premium of Stanley Lifestyles is Rs 150 in the unlisted market.
Indian benchmark equity indices opened higher led by information technology stocks after U.S. IT firm Accenture forecasted annual revenue growth above expectations.
The Economic Times' Morning Brief Thursday won the Excellence in Audio Reporting (Regional) award at The SOPA 2024 Awards, marking the first time an Indian news podcast has won a SOPA Award. The episode, hosted by Anirban Chowdhury, discussed excessive flying, inadequate rest periods, regulatory lapses, and safety hazards in Indian pilots.
On the technical charts, the RSI of the stock stood at 68.03.
Can Fin Homes Ltd remained range-bound in the last year, forming a Bullish Flag after a breakout from a Cup & Handle pattern in May 2023. Short to medium-term traders can consider buying the stock for a possible target above 1,000 once it closes above Rs 905.
The Nifty Pharma index was trading 0.61 per cent up at 19664.55.
According to technical scan data from stockedge.com, on June 20th, the closing prices of four stocks in the Nifty500 pack surged more than 2.5% above the Volume Weighted Average Price (VWAP).
Sebi directs Religare Enterprises to obtain approvals from all regulators by July 12 for Burman family's open offer to buy more shares. The regulator's order challenges Religare's management, led by Rashmi Saluja, who opposes the Burmans' bid to increase their stake in the company.
Happy International Yoga Day 2024: Here are top 50 wishes, quotes, and WhatsApp messages. Spread the joy and benefits of yoga, embracing peace, balance, and well-being. Whether you're a seasoned yogi or a beginner, these heartfelt expressions can inspire and uplift, encouraging mindfulness and a deeper connection to oneself and the world. Happy International Yoga Day!
