Loss over profitA bird in the bush is worth two in hand. That seems to be the approach of many small and high-networth individuals looking for potential multi-bagger stocks in the small-cap space. This is reminiscent of the startup bubble a few years back when investors would get excited by the cash burn of a company rather than its profitability. Loss-making TIL (formerly Tractors India Limited) ...

Mid-tier information technology (IT) companies lost more ground than their larger peers in the financial year 2023-24 as vendor consolidation deals by clients have led to a decline in revenue growth, and that too on a smaller base. Although mid-tier companies continued to outperform their Tier-1 peers, the year-on-year (YoY) growth rate halved in FY24.Lower tech spending by clients due to uncertai...

The BSE Sensex and NSE Nifty 50 kicked off with gains on May 15, driven by robust global markets ahead of key U.S. inflation data expected later today, which could influence the Federal Reserve's next moves.Early Gains and Outperformance in Broader MarketsBy 9:21 am, the Sensex had climbed 83 points (0.1 percent) to 73,187, and the Nifty 50 had risen 35 points to 22,252. Broader markets shone even...

BEL Ltd shares have found support at the 50 EMA, with technical and derivative parameters suggesting a potential upward move towards Rs 238-240. On May 15, BEL shares were up over 0.30 percent, surpassing Rs 231.The stock is currently trading above its short-moving averages. Avani Bhatt, Senior Vice President of Derivative Research at JM Financial, noted that the stock has completely recovered fro...

Global funds are snapping up India’s longer-maturity bonds in a bet the central bank will eventually become less hawkish as they position for those securities that will be included in JPMorgan Chase & Co. indexes.The proportion of foreign money allocated to local bonds due in 10 years or more climbed to 17% last week, up from just 11% in September, while that in debt maturing in five years or le...