Arbitrage funds delivered best gains in 9 years in 2024

Arbitrage funds, the new favourite of individual investors, delivered their best performance in nearly a decade in 2024. Illustration: Dominic Xavier/Rediff.com On average, the schemes delivered......

Covid surge sinks Sensex by 871 points

Bajaj Finance was the top laggard in the Sensex pack, plunging around 6 per cent, followed by IndusInd Bank, SBI, M&M, Axis Bank, Bajaj Auto and ICICI Bank. NSE Nifty sank 229.55 points to......

Engineering, telecom, healthcare to add 12 mn jobs by FY26

Engineering, telecom and healthcare sectors are likely to add close to 12 million new jobs by FY26, largely due to the focus on recovery along with technology proliferation and digitisation in......

Is a bubble building up in IT midcaps?

As IT midcap stocks ride high, it has created speculation around a potential bubble with analysts picking the midcaps' client concentration as the biggest concern area.Romita Majumdar reports.......