Tuesday, September 27

Business

Day trading guide for Friday: 6 stocks to buy or sell today — August 19
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Day trading guide for Friday: 6 stocks to buy or sell today — August 19

Day trading guide for Friday: Continuing its longest winning streak in last 20 months, Indian stock market ended in green zone on eighth successive session on Thursday. Nifty 50 index trade range-bound but ended near to its intraday high of 17,956 levels whereas BSE Sensex logged 37 points gain and closed at 60,298 mark. Nifty Bank index finished 194 points higher at 39,656 levels. Mid-cap and small-cap indices rose by 0.34 per cent and 0.42 per cent respectively, outperforming the Nifty even as the advance decline ratio was positive at 1.23:1. According to stock market experts, after the upside breakout of the crucial overhead resistance of down trend line (down trend line connected from the important lower tops) around 17,900 levels on Wednesday, the Nifty consolidated above...
Maruti Suzuki to hike vehicle prices this month
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Maruti Suzuki to hike vehicle prices this month

  MSI has already hiked vehicle prices by around 8.8 per cent from January 2021 to March 2022 owing to constant increase in input costs. New Delhi, Apr 6: The country's largest carmaker #Maruti Suzuki #India (MSI) on Wednesday said it will increase prices of its entire model range this month amid rise in input costs.   Over the past year, the cost of company's vehicles continued to be adversely impacted due to increase in various input costs, the auto major said in a regulatory filing.   "Therefore, it has become imperative for the company to pass on some impact of the above additional costs to customers through a price hike," it added.   The company has planned to increase the prices in April and the hike will vary for different models. ...
Airtel, Axis Bank partner to bolster digital ecosystem     Launch first-of-its-kind Airtel Axis Bank Credit Card with exclusive benefits
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Airtel, Axis Bank partner to bolster digital ecosystem   Launch first-of-its-kind Airtel Axis Bank Credit Card with exclusive benefits

  Srinagar, March 07: Bharti Airtel (“Airtel”), India’s premier communications solutions provider, and Axis Bank, India’s third-largest private sector bank, today announced a strategic partnership to strengthen the growth of India’s digital ecosystem through a range of financial solutions. In a bid to accelerate adoption of digital payments in the country, over the coming months, Airtel and Axis Bank will bring to market a range of innovative financial offerings and digital services exclusively for Airtel’s 340 million plus customers. These will include co-branded credit card with industry leading benefits, pre-approved instant loans, Buy Now Pay Later offerings and many more.  The alliance, with its significant reach across the country will help penetrate tier 2 and tier 3 markets b...
Are you getting the right mutual fund advice?
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Are you getting the right mutual fund advice?

A new investor messaged recently: he asked for help with his mutual fund investments in his favorite mutual fund forum. And the advice confused him even more. “People started recommending random schemes and then they were debating about active v passive investing. I am totally confused,” he confessed. Our friend is not alone. A large number of investors, especially new ones, depend totally on various mutual fund sites and forums for their investments. This is not a rant against mutual fund forums or recommendations. Even we offer recommendations (see our mutual fund recommendations here) and respond to readers’ queries. We also follow certain groups because sometimes there are meaningful discussions on mutual fund investments. But if you are dependent entirely on them for your mutual fu...
Free Fire Publisher Loses $16 Bn in Value After India Bans 54 More Chinese Apps
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Free Fire Publisher Loses $16 Bn in Value After India Bans 54 More Chinese Apps

Delhi, Feb 16: The central government has issued an order to ban over 54 Chinese apps, calling them a 'threat to privacy and security of Indians,' officials told The Economic Times. It has directed all app stores to block these applications. One of these apps, called Garena Free Fire, was the highest grossing mobile game in India in the third quarter of 2021, according to industry tracker App Annie. After the ban, Singapore-based Sea Ltd, the publisher of the game, lost around $16 billion in market value. Many of these apps belong to large Chinese tech firms like Tencent, Alibaba and NetEase, and are “rebranded or re-christened avatars” of apps that have been banned in India since 2020, according to the report. They were allegedly transferring sensitive data to Chinese servers. Th...