As per Sebi mandate, medium duration mutual funds must invest in debt and money market instruments with Macaulay duration of three to four years. As you can see, medium duration funds are suitable for investors looking to invest for three to four years or more. However, you should check the portfolio duration of the scheme to ensure that the scheme is in line with your investment horizon.
While predicting the first two is difficult, India’s economic fundamentals should improve as fiscal spending ramps up and liquidity eases, thereby supporting credit growth and economic activity.
The Indian rupee may face pressure in 2025 from slowing FDI, weak manufacturing exports, and narrowing policy rate differential with the US, despite positive drivers like India's economic growth, real yields, and strong foreign exchange reserves. A recovery in economic growth and lower inflation are also expected.
Panacea Biotec's shares rose 5% as the company received a Letter of Award from UNICEF for supplying 115 million doses of its bivalent oral polio vaccine (bOPV) worth approximately US$ 14.95 million (Rs 127 crore) in CY2025. The company recently posted a profit of Rs 4.8 crore, marking a strong recovery after three-quarters of losses.
BJP leader Gaurav Vallabh claims a split within the Aam Aadmi Party with factions led by Arvind Kejriwal, Atishi, Sanjay Singh, and Punjab CM Bhagwant Mann. He accuses the Kejriwal-led government of corruption in the liquor sector. The Delhi government's Women and Child Development department denies the existence of the 'Mukhyamantri Mahila Samman Yojana' scheme.
Hem Securities has a buy call on NBCC (India) Ltd. with a target price of Rs 110 due to expected robust future performance driven by rising real estate and infrastructure demand. The company reported a 14.93% increase in quarterly income and a net profit after tax of Rs 124.88 crore.
The Indian market is expected to trade higher on Thursday, supported by positive global cues. Nifty futures closed at 23,772 on Tuesday. Experts suggest a trading range of 23,200 to 24,200, with key support at 23,500. Recommended stocks to buy include NTPC, ITC, InterGlobe Aviation, Solar Industries, and Jubilant FoodWorks, with specific targets and stop losses provided.
Azerbaijan Airlines Plane crash Video: A passenger captured footage inside an Azerbaijan Airlines Embraer 190 jet moments before and after it crashed near Aktau, Kazakhstan. The plane, en route from Baku to Grozny, was diverted due to fog and an emergency incident, reportedly involving a bird strike. Out of 67 people on board, 32 survivors were rescued.
Welspun Corp shares were in focus in today’s session as the company announced that its associate, East Pipes Integrated Company for Industry (EPIC), has secured contracts worth Rs 130 crore with two companies in Saudi Arabia.
Andhra Pradesh Chief Minister N. Chandrababu Naidu met Prime Minister Narendra Modi and Union Home Minister Amit Shah to discuss financial challenges faced by the state, including the diversion of funds from 94 central schemes. Naidu highlighted the need for support to revive these schemes and detailed plans for key project inaugurations.
India’s buoyant economic performance has played a critical role in attracting NRI investments. Supportive regulatory measures, Improved ease of doing business have further catalyzed the asset management industry, opening avenues such as Alternative Investment Funds (AIFs), Portfolio Management Services (PMS), Real Estate Investment Trusts (REITs), and Infrastructure Investment Trusts (InvITs) for foreign capital.
NTPC Green Energy's 1-month shareholder lock-in period expires today, unlocking 183 million shares (2% of total shares) for trading. This release could lead to increased selling pressure and potential stock price fluctuations. The lock-in period, typically set to prevent immediate sell-offs post-IPO, helps stabilize prices.
A 5-year swing high represents the highest price a stock has reached within a five-year timeframe.
Motilal Oswal Financial Services has suggested a buy on Siemens, targeting Rs 8,000, with its current price at Rs 6831.15. Siemens reported a significant increase in quarterly income and net profit for Q3 2024. Expected to benefit from private capex growth and exports, Siemens aims for notable revenue, EBITDA, and PAT growth through FY24-27.
Shares of the recently listed Ceigall India were up 4% today as its subsidiary, Ceigall Ludhiana Bathinda Greenfield Highway, has signed a concession agreement with the National Highways Authority of India (NHAI) for a project valued at Rs 981 crore.
YouTuber Ranveer Allahbadia, known as BeerBiceps, shared a terrifying experience where he and his girlfriend were nearly drowned in Goa due to an underwater current. They were rescued by an IPS officer and his IRS wife after Allahbadia called for help. The incident left them feeling grateful and protected, and Allahbadia wished his followers a Merry Christmas.
Amber Enterprises clarified it has not considered demerging its electronics division. The company evaluates various strategic opportunities for growth, but no action currently requires disclosure. The electronics unit reported strong growth for Q2FY25. Shares are above key moving averages and closed up 5.25 percent on Tuesday.