📰 Latest Economy & Stock Market News
Aswath Damodaran says ESG investing will not make you money, it's a mistake
Updated at : 2021-09-15 12:20:01

“I believe ESG is not just a mistake that will cost companies and investors money, while making the world worse off. It creates more harm than good for society,” Damodaran, professor of finance at Stern School of Business at New York University, wrote on his blog Musings on Markets late Tuesday.

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Buy Mahindra Lifespace Developers, target price Rs 325: ICICI Direct
Updated at : 2021-09-15 12:20:01

Mahindra Lifespace Developers Ltd. key Products/Revenue Segments include Income from Project Development, Income from Sale of Commercial Flats, Shops & Plots and Project Management Fees for the year ending 31-Mar-2021.

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Truecaller plans to list on Nasdaq Stockholm
Updated at : 2021-09-15 12:20:01

Depending on market conditions, the listing is expected to be completed during the fourth quarter of this year, TrueCaller said in a statement.​

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Motherson Sumi shares rise 1.8% as Nifty gains
Updated at : 2021-09-15 12:20:01

The stock quoted a 52-week high price of Rs 273.0 and a 52-week low of Rs 102.35.

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This decade-old smallcap PMS fund is crushing its competition
Updated at : 2021-09-15 12:20:01

It delivered a return of over 13 per cent in August. In the past three months, the strategy has given 57 per cent returns, more than twice the returns of Bonanza Portfolio’s value fund, which came second. In the last one year, Minerva India UnderServed has more than doubled investors’ money.

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Sell and regret or ignore the risk now? Nilesh Shah explains what to do in a mega bull market
Updated at : 2021-09-15 12:20:01

“Maintain asset allocation, every correction is an opportunity to buy; ignore near term volatilities for a longer term boom.”

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Berger Paints shares up 0.59% as Sensex rises
Updated at : 2021-09-15 12:20:01

A total of 6,242 shares changed hands on the counter till 11:51AM (IST)

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Soybean futures slip on muted demand
Updated at : 2021-09-15 11:20:01

On the National Commodity and Derivatives Exchange, soybean contracts for September delivery fell Rs 55, or 0.63 per cent, to Rs 8,744 per quintal with an open interest of 10,010 lots.

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ARK Invest's Cathie Wood expects market rotation back to growth stocks
Updated at : 2021-09-15 11:20:01

Wood cited disappointing job growth in August and weakening consumer price index figures as signs that the U.S. economy will grow at a pace slower than many on Wall Street expected at the start of the year.

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Buy Sumitomo Chemical India, target price Rs 438: HDFC Securities
Updated at : 2021-09-15 11:20:01

Sumitomo Chemical India Ltd. key Products/Revenue Segments include Agrochemicals, Export Incentives, Other Operating Revenue, Commission and Sale of services for the year ending 31-Mar-2021.

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