News - GrowCap Consultancy Pvt. Ltd.

SEBI gives direct access to stock exchanges for mutual fund investments

SEBI#39;s latest move now allows investors to come to exchanges directly, just as they could go to the MFU entirely on their own.

Wed, 26 Feb 2020 22:02:13 +0530

What explains buoyant MF inflows amid negative news flow?

Thanks to popularity of SIPs, individual investors now hold a higher share of MF assets at around 53 percent of total AUM as of December-end

Tue, 11 Feb 2020 18:32:22 +0530

Ideas for Profit | HDFC AMC posts strong performance in Q3, should investors buy?

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Wed, 22 Jan 2020 09:31:05 +0530

Mutual funds add 68 lakh folios in 2019

However, the pace of growth in folio numbers dropped in 2019 as compared to preceding three years. Industry experts attributed the trend to decline in investors account in debt oriented schemes as they were spooked by credit events in fixed income market.

Tue, 21 Jan 2020 15:14:07 +0530

Subscribe to SBI Cards: Geojit

Geojit has come out with its report on SBI Cards. The research firm has recommended to "Subscribe#39;#39; the IPO in its research report as on February 27, 2020

Thu, 27 Feb 2020 16:53:13 +0530

Subscribe to SBI Cards: Ajcon Global

Ajcon Global has come out with its report on SBI Cards. The research firm has recommended to "Subscribe#39;#39; the IPO in its research report as on February 27, 2020

Thu, 27 Feb 2020 16:53:11 +0530

Subscribe to SBI Cards: Arihant Capital

Arihant Capital has come out with its report on SBI Cards. The research firm has recommended to "Subscribe#39;#39; the IPO in its research report as on February 27, 2020

Thu, 27 Feb 2020 16:53:05 +0530

Subscribe to SBI Cards: Hem Securities

Hem Securities has come out with its report on SBI Cards. The research firm has recommended to "Subscribe#39;#39; the IPO in its research report as on February 27, 2020

Thu, 27 Feb 2020 16:53:03 +0530

Subscribe to SBI Cards: LKP Research

LKP Research has come out with its report on SBI Cards. The research firm has recommended to "Subscribe#39;#39; the IPO in its research report as on February 27, 2020

Thu, 27 Feb 2020 16:53:01 +0530

Subscribe to SBI Cards: SPA Securities

SPA Securities has come out with its report on SBI Cards. The research firm has recommended to "Subscribe#39;#39; the IPO in its research report as on February 27, 2020

Thu, 27 Feb 2020 16:52:59 +0530

Subscribe to SBI Cards: Mehta Equities

Mehta Equities has come out with its report on SBI Cards. The research firm has recommended to "Subscribe#39;#39; the IPO in its research report as on February 27, 2020

Thu, 27 Feb 2020 16:52:57 +0530

Subscribe to SBI Cards: Angel Broking

Angel Broking has come out with its report on SBI Cards. The research firm has recommended to "Subscribe#39;#39; the IPO in its research report as on February 27, 2020

Thu, 27 Feb 2020 16:52:55 +0530

Subscribe to SBI Cards: YES Securities

YES Securities has come out with its report on SBI Cards. The research firm has recommended to "Subscribe#39;#39; the IPO in its research report as on February 26, 2020

Wed, 26 Feb 2020 11:19:07 +0530

Antony Waste Handling Cell IPO to open on March 4; likely to raise nearly Rs 300 cr

The issue will close on March 6. Company proposed to utilise the net fresh issue proceeds towards reduction of the aggregate outstanding borrowings.

Mon, 24 Feb 2020 12:33:40 +0530

SBI#39;s credit card business IPO to open on March 2

The company plans to issue new shares worth Rs 5 billion and will offer up to 130.5 million shares for sale, the prospectus, dated February 18, showed.

Thu, 20 Feb 2020 11:45:03 +0530

SBI Cards IPO might be launched on March 2, offer price may be Rs 745-775 per share: Report

A report noted that SBI is likely to raise Rs 2,780-2,880 crore with this IPO.

Tue, 18 Feb 2020 17:57:19 +0530

SBI Cards IPO gets SEBI nod; launch by February end

The offer for sale includes up to 3,72,93,371 equity shares by SBI and up to 9,32,33,427 equity shares by CA Rover Holdings.

Tue, 11 Feb 2020 16:26:03 +0530

ITI withdraws Rs 1,400-cr FPO due to prevailing market condition

The Rs 1,400-crore public issue was subscribed 62 percent despite extending the subscription period twice since its opening, and reducing the price band to Rs 71-77, down from Rs 72-77 earlier.

Wed, 05 Feb 2020 18:12:49 +0530

ITI FPO subscribed 57% on 8th day, retail portion fully booked

After the issue, government shareholding in the company will reduce to 74.96 percent from 90 percent.

Mon, 03 Feb 2020 19:46:22 +0530

Taking Stock: Market in the red for 5th straight session; Sensex, Nifty fall 3% in Feb FO series

In the last five consecutive sessions of losses, investors have become poorer by Rs 6.31 lakh crore.

Thu, 27 Feb 2020 16:43:17 +0530

Taking Stock: Scary Wednesday! Sensex drops below 40K; Nifty breaks 200-DMA

Nifty formed a Bearish candle on the daily charts. It slipped below its 200-DMA placed at 11,684 on daily charts.

Wed, 26 Feb 2020 16:20:27 +0530

Taking Stock: Nifty fails to hold 11,800; 200 stocks hit 52-week low

Market is likely to remain volatile ahead of February FO expiry as well as December quarter GDP data, experts said.

Tue, 25 Feb 2020 16:27:05 +0530

Taking Stock: Coronavirus worries fuel global sell-off; investors lose over Rs 3 lk cr

SP BSE Sensex closed 806 points lower at 40,363 while the Nifty50 ended with losses of 251 points to close at 11,829 on Monday.

Mon, 24 Feb 2020 16:50:38 +0530

BSE, NSE shut today on account of Mahashivratri

The BSE Midcap and Smallcap has outperformed the benchmark indices with a gain of 0.40 percent and 0.51 percent, respectively.

Fri, 21 Feb 2020 07:20:13 +0530

Taking Stock: Volatile week on D-St; Sensex fall more than 150 points, Nifty holds 12K

Momentum on the upside shall pick up on a strong close above 12150 levels, suggest experts.

Thu, 20 Feb 2020 16:25:24 +0530

Taking Stock: Bulls regain control after 4-days of pain, Nifty reclaims 12,100 levels

Traders can make use of dip to create fresh longs with a stop below 12030 levels on a closing basis and look for an initial target of 12178.

Wed, 19 Feb 2020 16:52:19 +0530

Taking Stock: More than 250 stocks hit 52-week low; Nifty fails to hold 12K

Nifty formed a bearish candle which looked like a Ã¢Â€Â˜HammerÃ¢Â€Â™ kind of pattern.

Tue, 18 Feb 2020 16:28:55 +0530

Taking Stock | Moody#39;s downgrade spoils the mood; indices falls for 3rd day in a row

After witnessing a positive opening, the market benchmarks slipped in the negative soon and traded in the red for the most part of the session, eventually settling with losses.

Mon, 17 Feb 2020 16:35:39 +0530

Market Headstart: Nifty likely to remain under pressure; telecom, bank stocks to be in focus

FPIs sold shares worth Rs 704.92 crore, while DIIs bought shares of worth Rs 219.54 crore in the Indian equity market on February 14, provisional data available on the NSE showed.

Mon, 17 Feb 2020 07:39:31 +0530

Taking Stock | Supreme Court raps telcos for not paying up; Sensex falls below 50-DMA

The apex court#39;s stance weighed on financial stocks also because of their exposure to the sector.

Fri, 14 Feb 2020 17:03:13 +0530

Taking Stock: Nifty slips below 12,200 weighed down by macro data, Coronavirus fears

Intraday traders can consider long position if Nifty sustains above 12232 levels.

Thu, 13 Feb 2020 16:38:09 +0530

Taking Stock: Indices rally for 2nd day in a row; Nifty50 reclaims 12,200 levels

If the index closes below 12,144 then a fresh leg of downswing shall unfold with initial targets of 11,990.

Wed, 12 Feb 2020 16:32:04 +0530

Taking Stock: AAP sweeps Delhi Assembly Election; Nifty closes above 12,100

Traders are advised to wait for at least a strong close above 12138 levels before initiating fresh longs.

Tue, 11 Feb 2020 16:26:13 +0530

Taking Stock: Coronavirus concerns weigh on D-St; Nifty falls for 2nd day, but holds 12K

Positional traders are advised to create fresh shorts on a breach of 11950 levels on a closing basis and look for a target of 11770.

Mon, 10 Feb 2020 16:39:28 +0530

Coronavirus Effect On Health Insurance

Coronavirus now has infected over 40000 people hence it is essential to know if your health insurance covers coronavirus.

Thu, 13 Feb 2020 19:21:20 +0530

Exercise regularly? Pay lower premiums: How IRDAI#39;s #39;sandbox#39; is driving innovation in insurance

General insurers are set to launch several limited-period products. Read on to find out if you should buy these products

Tue, 21 Jan 2020 10:40:45 +0530

Gold prices are expected to trade higher today: Angel Broking

According to Angel Broking, On Thursday, Spot Gold prices ended higher by 0.27 percent to close at $1639.6 per tonne as worries over the impact of the Coronavirus breakout could turn into a pandemic and hamper the global economy.

Fri, 28 Feb 2020 11:14:41 +0530

RBI flags impact of telecom troubles on banks, inflation: Report

The central bank has conveyed its concern to the government and sought relief for telcos

Fri, 28 Feb 2020 11:07:08 +0530

Experts question delayed action as death toll in China#39;s coronavirus climbs to over 2780

Among the deaths reported on Thursday, 41 were from the epicentre Hubei province and its capital Wuhan, two in Beijing and one in Xinjiang, the National Health Commission said in its daily report.

Fri, 28 Feb 2020 11:06:06 +0530

NTPC to start commercial operation of 250 mw unit of Barauni Power Station from March 1

In a regulatory filing, NTPC said the 250 megawatt (mw) unit of Barauni Thermal Power Station Stage-II (2 x 250 MW) is declared on commercial operation with effect from March 1, this year.

Fri, 28 Feb 2020 11:05:06 +0530

Amit Shah was nowhere to be seen when violence hit Delhi: Shiv Sena

An editorial in the Marathi daily said Shah had taken out a lot of time for campaigning for the just concluded Delhi assembly election, distributing pamphlets door-to-door to canvass support for BJP candidates.

Fri, 28 Feb 2020 11:05:06 +0530

Vodafone Idea AGR crisis | DoT draws up contingency plans, evaluates mobile number porting capacity: Report

Officials from the Department of Telecommunications (DoT) have asked IndiaÃ¢Â€Â™s two MNP service providers Ã¢Â€Â“ Syniverse Technologies India and MNP Interconnection Telecom Solutions India Ã¢Â€Â“ for the number of requests they can process in a day

Fri, 28 Feb 2020 10:56:43 +0530

Strict vigil in violence-hit areas of northeast Delhi

Police officers said they were also making extra efforts to quell rumours, and holding regular flag marches and interactions in the neighbourhoods of affected areas as confidence-building measures.

Fri, 28 Feb 2020 10:56:05 +0530

Balakot airstrikes sent out clear message on terrorism: Rajnath Singh

"If we#39;ve to be prepared for the tasks assigned to us, then it#39;s important we maintain credible deterrence at land, air and sea at all times," Singh said at the Centre for Air Power Studies.

Fri, 28 Feb 2020 10:42:06 +0530

India temporarily suspends visa on arrival for Japanese, South Korean nationals amid coronavirus fears

The development comes a day after India evacuated 119 Indians and 5 foreigners who were on board the coronavirus-hit cruise ship, Diamond Princess, moored off the Japanese coast.

Fri, 28 Feb 2020 10:40:06 +0530

Gold bulls roar as virus continues to spread, but caution warranted

With no signs that the virus outbreak could be contained soon and no readily available treatment, risk sentiment is likely to remain weak and this has further boosted the confidence of gold bulls.

Fri, 28 Feb 2020 10:39:19 +0530

SC to expedite hearing on plea seeking to revisit definition of Hindutva

The apex court would hear arguments for and against the plea from certain quarters to disqualify candidates if they used Ã¢Â€Â˜HindutvaÃ¢Â€Â™ to seek votes in elections.

Fri, 28 Feb 2020 10:27:39 +0530

Bloodbath on D-Street! Sensex plunges 1,000 pts; 5 factors weighing on market

Sectorally, selling was seen in metals, realty, infra, public sector, capital goods, auto, banks, oil gas and IT

Fri, 28 Feb 2020 10:23:50 +0530

EURINR is expected to sideways: Angel Broking

According to Angel Broking, EURUSD remained appreciated by 1.09 percent whereas EURINR depreciated by 0.78 percent.

Fri, 28 Feb 2020 10:22:45 +0530

Japan#39;s January factory output beats forecasts but slowdown expected

The world#39;s third-largest economy shrank at the fastest pace in almost six years in the December quarter as a nationwide tax hike hurt business and consumer spending and soft overseas demand hit exports.

Fri, 28 Feb 2020 10:11:02 +0530

#39;Slowdown in global oil demand could lead to 2008-like recessionary scenario#39;

Oil prices are set to crash if the exogenous shock coming out of coronavirus does not stop.

Fri, 28 Feb 2020 09:54:39 +0530