INVESTOR INTEREST


Moneylife Digital Team 17 May 2024
In April 2024, Kotak Mahindra Bank and Reliance Industries were the most preferred stocks of Indian mutual funds. The net purchases of Kotak Mahindra Bank were Rs3,828 crore. Bajaj Finance and Jio Financial Services were the most sold stocks. The net sales of Bajaj Finance were Rs1,489 crore...

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Moneylife Digital Team 17 May 2024
INDIAN MARKET TRENDS From 10th May to 16 May 2024, ML Large-cap Index, ML Mid-cap Index and ML Mega-cap Index rose 3% each. ML Small-cap Index and the NIFTY rose 2% each. The Sensex rose 1%. ML Micro-cap Index ended flat.     FUND FLOWS Foreigners: Foreign institutional investors were...

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Moneylife Digital Team 17 May 2024
In a landmark move, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has become India's first and only housing regulatory body to issue detailed regulations for retirement housing projects after model guidelines were issued by Union ministry of housing and urban affairs (MoHUA) in...

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Moneylife Digital Team 17 May 2024
The trends of the major indices in the course of the week’s trading are given in the table below:   On Friday, the market ended flat, taking cues from the global markets. However, key Indian benchmark indices extended gains, defying the adverse market sentiment in the U.S. and Europe....

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Moneylife Digital Team 17 May 2024
Chemicals players have been facing multiple challenges, after a good pick-up in volume in the recent past, due to return of dumping from China. Unless the government starts imposing anti-dumping duty, since the Chinese are selling their products below cost, the headwinds will continue to impact...

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Moneylife Digital Team 17 May 2024
Inox Wind Limited (IWL) turned profitable at an operating level, after four years. It already has an order-book of 1.3GW (gigawatt) which is expected to increase further, with new capacity additions across India. It also benefits from lower cost, due to its partnership and collaboration with...

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Moneylife Digital Team 17 May 2024
The Reserve Bank of India (RBI) has imposed a total penalty of Rs7 lakh on Gujarat-based Sutex Cooperative Bank Ltd and Bapunagar Mahila Cooperative Bank Ltd for failing to follow directions issued by the banking regulator on cyber security framework, levying charges on inoperative accounts and...

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Moneylife Digital Team 17 May 2024
The booming market for pre-IPO placements, particularly in small and micro-cap companies, has been jolted by market regulator Securities and Exchange Board of India (SEBI), making merchant bankers and high net-worth individual (HNI) investors anxious. Referring to Section 42(2) of the Companies...

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Moneylife Digital Team 17 May 2024
The booming market for pre-IPO placements, particularly in small and micro-cap companies, has been jolted by market regulator Securities and Exchange Board of India (SEBI), making merchant bankers and high net-worth individual (HNI) investors anxious. Referring to Section 42(2) of the Companies...

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Moneylife Digital Team 16 May 2024
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a consultation paper proposing a new framework for quality assurance in real estate projects. While focusing on quality assurance, this initiative aims to move beyond simply addressing defects after they occur by taking...

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Moneylife Digital Team 16 May 2024
On Thursday, after an extremely volatile session, 2040 stocks advanced, 1798 declined and 114 remained unchanged, with an advance decline ratio 1.13 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets. The trend of the major indices on Thursday’s trading...

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Moneylife Digital Team 16 May 2024
The steel pipes sector is currently experiencing sustained demand growth, on the back of various factors like government of India’s Jal Jeevan Mission, new residential and commercial buildings, development of water supply pipelines, increase in the number of wastewater treatment facilities,...

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Moneylife Digital Team 16 May 2024
The Reserve Bank of India (RBI) has imposed a total penalty of Rs7.10 lakh on Sundaram Home Finance Ltd, Belstar Microfinance Ltd and The Vaijapur Merchants Cooperative Bank Ltd for failing to follow directions issued by the banking regulator on know your customer (KYC) and sanctioning fresh...

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Moneylife Digital Team 16 May 2024
India is witnessing a significant rise in data consumption and data creation. From a monthly data usage of 9.5GB, India's per capita data consumption surged to 19.5GB in 2022, marking a 20% compound annual growth rate (CAGR). With the continuous expansion of internet access, technological...

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Moneylife Digital Team 15 May 2024
Coming down heavily on Sanjay Dhingra, promoter, and former managing director (MD) of dairy company Kwality Ltd, for executing contra trade (opposite transactions) and trading during the trading window closure period, the Securities and Exchange Board of India (SEBI) asked him to disgorge...

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Moneylife Digital Team 15 May 2024
Coming down heavily on Sanjay Dhingra, promoter, and former managing director (MD) of dairy company Kwality Ltd, for executing contra trade (opposite transactions) and trading during the trading window closure period, the Securities and Exchange Board of India (SEBI) asked him to disgorge...

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Moneylife Digital Team 15 May 2024
On Wednesday, 2201 stocks advanced, 1591 declined and 143 remained unchanged, on the Bombay Stock Exchange (BSE) with an advance decline ratio of 1.38, indicating positive closing of stocks in broader markets. The trend of the major indices on Wednesday’s trading is given in the table...

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Moneylife Digital Team 14 May 2024
During a hearing on Monday, shareholders of ICICI Securities Ltd claimed before the national company law tribunal (NCLT) that ICICI Bank Ltd influenced them to support its proposal to delist the broking subsidiary, says a report.   According to a report from NDTV Profit, these shareholders...

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Moneylife Digital Team 14 May 2024
During a hearing on Monday, shareholders of ICICI Securities Ltd claimed before the national company law tribunal (NCLT) that ICICI Bank Ltd influenced them to support its proposal to delist the broking subsidiary, says a report.   According to a report from NDTV Profit, these shareholders...

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Moneylife Digital Team 14 May 2024
Go Digit General Insurance Ltd (Go Digit) is one of the leading digital full stack general insurance companies. Full-stack insurers are insurance firms that are fully licensed and controlled by a regulatory authority and perform sourcing, underwriting and servicing all in-house. Go Digit offers...

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