Bill Miller’s strategy to outperform the broader market consistently

Investment icon Bill Miller says investors should not just buy companies that are cheap statistically but should also look for undervalued companies that can actually earn decent returns and happen to be cheap temporarily for a variety of reasons….

Read more

Bank Nifty may witness more downward pressure this week

I would expect that the best part of the gains for the Bank Nifty as well seem to be behind us and there is a very strong possibility that the markets may look out for maybe some other cues or some other sectors because this is a churning effect which the markets have clearly shown….

Read more

Dalal Street week ahead: Tech bounce due, but Nifty upside to remain capped

Just when it was consolidating on the expected lines and in a defined range, a spike in US bond yields on Thursday caused severe weakness in the market on the last day of the week, turning it into one of the worst performances in recent times….

Read more

Rupee Co-operative Bank gets extension from RBI

Reserve Bank of India could not effect merger of the bank, the bank will file reconstruction or revival proposal with Reserve Bank on getting its principal approval for the same….

Read more

ABB Power Products Q3 results: revenue falls 6.9% to Rs 1,044 crore

While the Covid-19 pandemic impacted revenues, it is yet to see its topline revenues fully recover. The company caters to the power segment and demand tends to be cyclical….

Read more

Gold Bond Scheme 2020-21 to be issued at Rs 4,662 per gram from March 1-5

The new series of Sovereign Gold Bonds 2020-21 will be opened for the period March 1-5, 2021 …

Read more

Biggest bitcoin fund sinks to record discount as mania cools

The $31.6 billion Grayscale Bitcoin Trust (ticker GBTC) plunged 22 per cent this week, outpacing a 17 per cent decline in the world’s largest cryptocurrency. …

Read more

Bitcoin slides in worst weekly drop since March amid selloff

The digital token slumped 20 per cent this week, the most since the pandemic-fueled selloff last March. The wider Bloomberg Galaxy Crypto Index, tracking Bitcoin, Ether and three other cryptocurrencies, was down 23 per cent for the same period….

Read more

Which financial ratios tell you best about the health of a bank

Before jumping in to understand how to analyze bank stocks, one needs to understand the business model of banks and how they make money. Banks basically make money through a combination of spread income and fee income….

Read more

Sebi slaps Rs 80 lakh fine on 8 entities for fraudulent trading activities

An investigation was conducted by the regulator into the scrip of PMC Fincorp Ltd (PMC) for the period from March 29, 2012 to March 31, 2015….

Read more

US SEC suspends trading in 15 securities due to ‘questionable’ social media activity

The Securities and Exchange Commission acted because none of the companies have filed any information with the regulator for over a year, it said in a statement….

Read more

Why are Fed assurance, talk of new stimulus failing to halt stocks route

Inflation can be looked at like a burning flame, as long as the flame is low, there is no harm but on a higher flame, there could be a risk of getting burnt….

Read more

Why are Fed assurance, talk of new stimulus failing to halt stocks rout

Inflation can be looked at like a burning flame, as long as the flame is low, there is no harm but on a higher flame, there could be a risk of getting burnt….

Read more

‘Dude, Get Back to Your Desk’: The Week That Roiled Bond Markets

With a ferocity that caught nearly everyone off guard, one of the most vital numbers in global finance — the yield on 10-year Treasuries — spiked back to where it’d been before the pandemic caused markets to go nuts 12 months ago….

Read more

Buffett’s right-hand man says US stock market is overvalued

Billionaire Charlie Munger is a vice chairman at Buffett’s Berkshire Hathaway conglomerate. He typically sits alongside Buffett to field questions at Berkshire’s annual meetings in Omaha, Nebraska, each spring….

Read more

NYSE begins move to delist Chinese state oil producer CNOOC

Prohibitions on CNOOC will take effect on March 9, 60 days after the company was added to the list that prohibits U.S. investments, according to a guidance issued by the Treasury Department on Jan. 27….

Read more

Robinhood to plan confidential IPO filing as soon as March

The company has held talks in the past week with underwriters about moving forward with a filing within weeks, said the people, who asked to not be identified because the matter isn’t public….

Read more

Gold price at Rs 46,740 per 10 gm, silver trending at Rs 68,800 a kg

In New Delhi, the 22-carat gold price dropped by Rs 10 to Rs 45,740 per 10 gm, while in Chennai it slipped by Rs 90 to Rs 43,630 …

Read more

Oil prices decline as dollar firms up; gold hits eight-month low

Spot gold was trading at 1,729.20 an ounce, down 2.39 per cent, in international market at 9 pm IST – the lowest since June 26 at $1,755.45 …

Read more

Oil drops on dollar strength and OPEC+ supply expectations

Brent crude futures for April, which expire on Friday, fell 69 cents, or 1%, to $66.19 a barrel by 1442 GMT. The more actively traded May contract slipped by 80 cents to $65.31….

Read more

Bots hyped up GameStop on major social media platforms, analysis finds

PiiQ Media’s analysis of Twitter Inc, Facebook Inc, Instagram and YouTube posts, however, found that bots used the platforms to push GameStop and other “meme” stocks, although it is unclear how influential they were in the overall saga….

Read more

GameStop shares on track to triple for week as options trading spikes

GameStop shares hovered around $105 in late-morning trading, off 3%, but are up nearly 200% for the week to date despite a broader market selloff that has erased nearly all the gains in the Nasdaq Composite Index for the month….

Read more

InVITs, REITs can conduct unitholders’ annual meetings through video conference till Dec

For annual meeting of unitholders to be conducted during calendar year 2021, the facility of Video Conferencing (VC) and Other Audio-Visual Means (OAVM) will be available till December 31, 2021, Sebi said in a circular on Friday….

Read more

Sebi bans Indira Trading Company, 7 individuals

According to an order, Indira Trading Company and individuals were providing investment advisory services and research analyst services without obtaining registration from the regulator….

Read more

DLF plans to raise up to Rs 395 cr via issue of debentures

In a regulatory filing, the company informed that the proposal will be discussed on March 3 at a meeting of the finance committee of the board of directors….

Read more