When everyone follows the winners, investors can lose
Investors often pile into funds, sectors and markets after strong returns. But as the Millennium Bridge showed, individually sensible decisions can become risky when everyone makes them together.
Investors often pile into funds, sectors and markets after strong returns. But as the Millennium Bridge showed, individually sensible decisions can become risky when everyone makes them together.
Britannia Industries Ltd on Thursday reported 14.08 per cent rise in consolidated net profit at Rs 593.38 crore for the June quarter of FY27, helped by volume and price increase. The company had logged a net profit of Rs 520.13 crore in the April-June period a year ago, according to a regulatory filing from the…
MUMBAI: A softer-than-expected inflation trajectory in the first quarter has prompted economists to forecast a pause in rate action by the Reserve Bank of India (RBI), with at least two institutions that had earlier estimated an increase in policy rates at the August review meeting itself are now uncertain about the timelines for a hardening…
The world’s largest cryptocurrency exchange, Binance, has faced what appears to be the biggest crypto heist in history, with the total impact of the security breach being estimated to be more than $6 billion, rattling the crypto markets and spooking investors across the globe. Binance on Thursday said it is investigating reports of a potential…
FIIs and mutual funds raised holdings in several Nifty 500 stocks during the June 2026 quarter. Seven stocks subsequently gained 15%-41%, highlighting increased institutional interest across sectors.
Food delivery giant Eternal on Wednesday reported a consolidated net profit of Rs 92 crore for the first quarter of FY27, registering a 268% year-on-year (YoY) jump from Rs 25 crore in the corresponding quarter last year. The net profit is attributable to the owners of the parent company. Revenue from operations surged 182% YoY…
The Employees Provident Fund Organisation (EPFO) is set to conduct the second edition of its Nidhi Aapke Nikat awareness campaign from next week, the retirement body body informed through a social media post today. In a post on X (formerly known as Twitter), the EPFO’s official account urged EPFO members to visit a camp at…