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2024-09-16 04:16:42| The Economic Times

Northern Arc Capital, a mid-tier nonbanking finance company, plans to raise 500 crore through fresh equity and 277 crore via an offer for sale by existing investors. The company focuses on lending to MSMEs, microfinancing, and consumer financing. Its assets under management grew by 28% annually between FY22 and FY24.

Category: News and Media

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2024-09-16 04:06:03| The Economic Times

The ongoing surge in mid-cap and small-cap stocks is expected to continue, driven by domestic investor flows. Analysts caution that the pace may slow after the US Federal Reserve's rate-setting meeting on September 18. Despite high valuations, investor sentiment remains optimistic, with potential for further gains or sharp corrections based on upcoming news.

Category: News and Media

2024-09-16 04:04:44| The Economic Times

Technical indicators suggest a bullish trend for Nifty with a short-term target of 25,700 and strong support at 25,000. Analysts predict a mid-term target of 26,980. Key stocks to watch include Bank of Baroda, IndusInd Bank, Kotak Bank, ICICI Bank, and DLF. Traders are advised to remain long on both indices.

Category: News and Media

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25.09 SpiceJet eyes fleet and market expansion amid low oil prices 25.09 Horizon Zero Dawn Remastered arrives October 31 on PS5 and PC 25.09 PC Jewellers shares rise 4% on considering stock split in upcoming board meeting 25.09 Reliance Power shares hit 5% upper circuit for 6th straight day, reach fresh 52-week high. Here's why 25.09 Power Grid shares surge 4.5% on Goldman Sachs positive outlook 25.09 Boeing workers not interested in 30% pay rise - union 25.09 Hot Stocks: Brokerages on Power Grid, NTPC, BEL and Dabur 25.09 Stocks to buy today: Infosys, Hindalco among top 10 trading ideas More »