Jio BlackRock Mutual Fund targets consistency as it enters active arena

Jio BlackRock enters active equity space with FlexiCap Fund, leveraging BlackRock’s SAE approach and offering a low 0.5% expense ratio via direct channels   Jio BlackRock Mutual Fund (MF) on Tuesday announced its entry into the active equity space with the launch of the Jio BlackRock FlexiCap Fund.   The fund house plans to stand…

India energy giants back nuclear power to boost clean electricity output

Atomic  power is witnessing a revival globally due to its ability to deliver low-emissions energy “Nuclear can’t just be a fashion statement,” Praveer Sinha, chief executive officer at Tata Power Co., said at the BNEF Summit in New Delhi. “It needs to replace coal-based power as a source of affordable power.” India’s top energy firms…

Union Bank, Balrampur Chini & Aavas Financiers: Axis Securities shares weekly technical picks

Axis suggested weekly technical stock picks with a potential upside of up to 20 per cent.   Axis Securities said the benchmark Nifty50 saw profit booking around the 23,800 zone recently. For the week, the domestic brokerage expects the index to trade within a broader range of 24,250-23,000 while sub-index Nifty Bank could trade within the…

BSE, Zomato, Tanla: 1 in 10 Nifty500 stocks up over 3% today; how to trade?

Technical charts show that Tanla Platforms, Mazagon Dock have given a fresh breakout on the daily charts; these 2 stocks along with BSE, Zomato and GR Infra can potentially rally another 24 per cent.   As equity markets extended the rally for the third straight trading session, 1 in every 50 stocks from the Nifty…

Sensex, Nifty: Why stock market ignored 1st RBI rate cut in 5 years

Sensex Nifty Today: It was widely anticipated that the RBI will deliver a rate cut and, hence, the market has not reacted much to the rate cut, said an analyst.   Benchmark indices Sensex and Nifty were flat in Friday’s trade, with ITC Ltd, Reliance Industries Ltd and a few rate sensitive banking and financial names…