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Destimoney Securities Md

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  • Business

MFs' exposure to bank stocks soar to 20.1%

The mutual fund industry is betting big on banking space with investments worth more than Rs 42,000 crore (Rs 420 billion) in bank stocks - taking this sector's exposure to the highest level in......

Stock market gears up for new Samvat

As a new Samwat year begins tomorrow on Diwali, the stock market is looking up to prosperous gains after an increase of over Rs 5 lakh crore in the overall investor wealth over the past year. A new......

Foreign investors hiked stake in FMCG companies

Enthused by robust financial performance and attractive valuations, foreign investors increased their exposure to fast-moving consumer goods (FMCG) companies such as Britannia, Hindustan Unilever......

FII inflows in stocks at 5-month high in July

Overseas investors poured more than Rs 10,000 crore (Rs 100 billion) into the Indian equity markets in July -- the highest monthly inflows in five months -- sidelining concerns over weak monsoon,......

Promoter pledges at lowest level in 3 years

The total value of shares pledged by Indian promoters as a percentage of the market capitalisation (m-cap) of their companies has fallen to its lowest level since March 2009, indicating promoters......

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