Labour income stagnated since 2019, primarily due to Covid and technological upgradation: ILO
The World Employment and Social Outlook report, released by the ILO on Wednesday, says the global labour income share fell by 0.6 percentage points from 2019 to 2022 and has since remained flat putting upward pressure on inequality, suggesting nations should come up with comprehensive policies to ensure that the benefits of technological progress are […]
SME IPOs look like a tale of listing day boom and then gloom
SME IPO News: Getting an allotment in an SME IPO can feel like winning a lottery, so it’s wise to book profits on the listing day. In 2024, two-thirds of the 166 SME IPOs have yielded at least a 50% return, with 67 doubling investors’ money, often on Day 1. However, after the initial surge, […]
Why Aditya Welekar continues to be negative on steel stocks
Aditya Welekar from Axis Securities suggests that increasing the import duty on steel could positively impact Indian steel prices, though they would still remain higher than Chinese prices. Despite some price hikes by domestic mills, the outlook on steel stocks remains negative due to ongoing pressure from Chinese imports and falling raw material costs.
HPCL, ICICI Lombard among 6 midcap stocks hitting fresh 52-week highs on Wednesday
Indian benchmark equity indices fell on Wednesday, weighed down by IT stocks and following a decline in global markets amid renewed concerns about a potential slowdown in the United States.
11 passive mutual funds lost over 2% in August. Have you invested in any?
In August, around 11 passive mutual funds lost over 2%, with defense, PSU banks, PSU stocks, and real estate being the hardest-hit sectors. Of approximately 319 passive funds, 42 reported negative returns. The Motilal Oswal Nifty India Defence Index Fund saw the largest loss at 7.88%, while PSU bank-focused ETFs, including Nippon India and Kotak […]
ECOS Mobility shares jump over 16% after decent debut. What should investors do?
The listing fell slightly short of expectations, despite Ecos Mobility’s shares trading at a grey market premium (GMP) of 48% above the issue price before the debut. The IPO garnered significant attention, with a subscription rate of 64 times, primarily driven by non-institutional investors.
ETMarkets Smart Talk: Indians betting big on U.S. markets with $6 bn in direct investments: Ashish Kashyap, INDmoney
Through the direct route, Indian investors have the option to create accounts with US based brokers and remit money via the Liberalized Remittance Scheme (LRS), and invest directly in U.S. stocks and ETFs.
How Godrej Ind, Jindal Saw, Bombay Burmah look on charts for tomorrow
Indian markets closed mixed on Tuesday tracking muted global cues and due to profit-taking at higher levels. The S&P BSE Sensex closed flat with a negative bias.
11 smallcap mutual funds offer over 35% SIP returns in five years
In the past five years, nearly half of all smallcap funds have delivered impressive SIP returns exceeding 35%.
Tech View: Nifty forms Inside Bar candle on the charts. Here’s how to trade on Wednesday
Nifty ended Tuesday’s session flat, forming an Inside Bar pattern on the daily chart. Analysts suggest that the near-term uptrend remains intact, with potential upside targets at 25,800 if it breaks above 25,400. Immediate support is seen at 25,100 levels. Traders are advised to watch for a breakout or dip for further direction.