Venkatraman, who joined the e-commerce major in 2015, he has been reducing operational involvement over the past six months or so, sources told . Sriram Venkatraman is stepping down from his position as group chief financial officer (CFO) at Flipkart ahead of the company’s planned initial public offering (IPO), the e-commerce major announced on March…
Historical trends indicate that the Indian market typically underperforms in January preceding a budget, with the Nifty falling in four of the last five years due to profit-booking and policy uncertainty, an analyst said. Finance Minister Nirmala Sitharaman will be presenting Union Budget 2026 on February 1. Investors are looking forward to a rally ahead…
In 2025, equity performance varied significantly with silver funds leading at 128% returns. Large and midcap funds excelled due to quality stock selection, while smallcap funds struggled. Flexi cap mutual funds are the ones which offer the flexibility of investing across market capitalisation i.e., large cap, mid cap and small cap.Calendar year 2025 has been…
Sensex and Nifty outlook: Indian benchmarks may extend gains in H2 FY26, with Sensex eyeing 88,100 and Nifty targeting 27,000 amid GST reforms and lower rates. The BSE Sensex has witnessed a roller-coaster ride in the first half of the financial year 2025-2026 (FY26); with the benchmark swinging in a broad 12,674-point range amid the…
Spot gold was up 0.7% at $3,469.84 per ounce by 1049 GMT, its highest since April 22 when it touched a record-high of $3,500.05 The US dollar was trading near its lowest since July 28 against rivals, making greenback-priced bullion cheaper for overseas buyers. Gold hit a more than four-month high on Monday to…
The weekly options data indicated that the Nifty may see a trading range of 22,000–23,000 in the short term, with an immediate range of 22,200–22,700. Nifty Technical View The Nifty 50 slipped into the red in the last couple of hours of trading and closed four-tenths of a percent lower on March 10, making a…
Domestic brokerage firm Axis Securities has chalked out as many as 16 stocks including Trent, SBI, HDFC Bank, HCL Tech, Lupin and more for the month of February 2025. Domestic brokerage firm Axis Securities has chalked out as many as 16 stocks for the month of February 2025. The brokerage claims that its basket…