The CPSE index tracking these companies has fallen 30% since its peak last year, compared to a 13% fall in benchmark Sensex. Shipping & banking stocks the biggest losers.
Analysis of SIP data shows account closures rising faster than openings for a few months now. Analysts say it's because ‘newbie’ investors have so far only seen booming markets.
Energy stocks rose 0.5%, led by a 1.2% gain in ONGC after the government cut windfall tax on petroleum crude to Rs 3,250 per metric ton from Rs 5,200, effective 15 June.
Net equity mutual fund inflows in May are the highest on record since April 2019, when AMFI started reporting monthly mutual fund flows in the current format.
The Group’s stocks rose strongly on Monday, following exit polls that predicted a landslide for Modi, but reversed all gains Tuesday as trends showed the BJP would fall well short of a single-party majority.
Fall in stock markets comes after they rallied more than 3% Monday, the first day of trading after the exit polls predicted a comfortable victory for BJP.
Political satire is indispensable to democracy, racial caricature isn’t. If Europe’s liberal press still cannot tell difference, then decolonisation never happened in their imagination.
PM-EAC paper says overhaul of Investor Education and Protection Fund Authority system sharply improved processing speed and reduced paperwork for investors.
While India yet to set in motion theaterisation of armed forces, China's military reforms combined China’s Army, Navy, Air Force and Rocket Force aimed at regional dominance & tight political control.
Pakistan has ended up losing every war against India but that hasn’t prevented it from claiming victory. We will go over the evidence to anticipate what to expect next.
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