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Mid- and smallcap shares - which outperformed in the past week - suffered bigger losses as the unexpected drop mid-way through the session triggered margin calls by brokers, forcing retail investors to cut exposure.
HDFC Q3 profit up 27% after adjusting for one off gainsIn the quarter ended December 2020, HDFC’s profit was helped by a 26 per cent year-on-year increase in loan disbursements to individuals.
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… Read MoreSensex Stocks: How Budget altered their horizonAN EXTENSION of additional tax deduction on affordable home loan to aid business growth. Focus on infrastructure improvement bodes well, given the bank’s exposure to corporate loans.
from Stocks-Markets-Economic Times https:… Read MoreWhy markets liked the Budget? Here's what top brokerages sayMorgan Stanley has raised its 2021-end Sensex target to 55,000 from 50,000, which means a potential gain of 10% from current levels. The Sensex has surged 7.6% in the last two sessions and Nifty has gained 7.4%, recovering ne… Read MoreGovt’s dividends from RBI, PSBs may drop in FY22The government has budgeted Rs 53,511 crore in FY22 as dividend receipt from the RBI, nationalised banks and financial institutions, 40% less than the initial budget estimate of Rs 89,649 crore for FY21 and about 14% less tha… Read MoreBudget bump: Top infra stock picks from top brokeragesThese measures bode well for infrastructure companies with funding having been a key constraint over the years.
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