Geojit Financial Services

Geojit Credits launches digital loan against mutual fund holdings

Geojit Credits, a non-banking financial company (NBFC), on Monday announced the launch of Loan Against Mutual Fund (LAMF). Under the scheme, the investors can avail loans starting from Rs 10,000 in digital mode. A LAMF allows investors to raise instant funds at attractive interest rates for their short-term liquidity requirements by keeping their mutual fund investments as collateral. "Our newest product, digital Loan Against Mutual Fund will be of great help to investors who can avail loans at competitive rates and not redeem their MF investments, which is part of their long-term wealth creation and investment plan," Bejoy Anthraper, Business Head of Geojit Credits, said. Geojit Credits is a subsidiary of Kochi-based Geojit Financial Services.

Markets fall most in 2 weeks on rising yields; Sensex declines 844 points

The Nifty ended the session at 16,983 points, with a fall of 257 points, or 1.5 per cent

Sensex and Nifty drop for seventh day running; FPIs pull out $2 billion

Benchmark indices crash 5.5% as FPIs yank out $2 billion

Limited downside in markets provided inflation remains in check: Analysts

Peaking of inflation, analysts believe, could put a cap on bond yields and a floor on equity valuations

Investors' wealth tumbles Rs 3.9 trn as stocks slump on Fed rate hike fears

The BSE benchmark tanked 773.11 points or 1.31 per cent to settle at 58,152.92 after a weak opening. During the day, it tumbled 1,011.93 points to 57,914.10

Stocks of broking firms in demand; Angel Broking hits new high

Angel Broking, IIFL Securities, Aditya Birla Money, Geojit Financial, Edelweiss Financial, Motilal Oswal Financial and ICICI Securities gained between 4% and 15% on the BSE

Buying in value stocks & sectors will be back soon: Satish Menon of Geojit

The long-term prospects for the market are still bullish and we should use every dip as a buying opportunity

Stocks to watch: Bharti Airtel, L&T, Cipla, Geojit Financial, Hero MotoCorp

Punjab National Bank (PNB) on Saturday said it has raised Rs 1,800 crore by selling 53 crore shares on a private placement basis to investors like LIC and Societe Generale

Is MTAR Tech IPO worth subscribing? All you wanted to know

The company looks to raise up to Rs 596.41 crore via a combination of fresh issue of shares worth Rs 123.51 crore and an offer for sale of Rs 472.90 crore

Geojit Financial Services launches platform for small, mid-cap portfolio

Brokerage Geojit Financial Services has launched a new platform to offer a portfolio of small and mid-cap stocks selected on the basis of behavioural finance and thus having higher return potential. The new platform called Lotusdew Prestige offers a basket of stocks that uses behavioural finance and AI to identify dominant market conviction using unconventional methods like M&A analysis, earning surprises, order book wins, dividends, stock splits to spot small and mid-cap stocks, the company said in a statement. The new basket will have 80 per cent small-cap and the rest will be mid-cap covering several high-growth sectors such as pharma, software and consumer lending, among others. Geojit said the new platform will be part of the its existing Smartfolios platform, and follows a tie up with Lotusdew, a Sebi and American SEC regulated entity.

Agriculture firms' stocks steady as farmers protest against contested laws

Stocks of agro-chemicals, fertilisers, and edible oils companies are slowing down as farmers continue their weeks-long protests in Delhi

What should be your investment strategy with the markets at all-time high?

The benchmark equity indices have rallied over 80% from March lows leaving many analysts concerned about stretched valuations

Broking houses shares in focus; Geojit zooms 20%, Angel Broking surges 17%

Among other stocks, Motilal Oswal Securities was up 5 per cent in intra-day trade, while ICICI Securities and 5paisa Capital were up 2 per cent on the BSE

Sobering reality, negative sentiment: Analysts' view of Moody's downgrade

Here's how leading analysts have interpreted the development and its likely impact on the markets.

Planning to subscribe SBI Cards IPO? Here's all you need to know

Unlike others of its kind, the subscription window for the IPO will remain open for 4 days, which will be from March 2 to March 5

Brokers see mixed Dec quarter: Volatile market hurt income, say analysts

Growth of active clients has also remained weak. According to the data sourced from the NSE, the number of active clients in 2019-2020 (up to December) stood at 9.58 mn, growing at 9% from FY19.

Good time to invest in cyclical, growth stocks: Satish Menon of Geojit

Valuations are high and can impact the market performance in the short-term.

FPIs remain in sell-off mode, pull out Rs 9,197 cr in August so far

In the preceding month, FPIs were net sellers in the Indian capital markets to the tune of Rs 2,985.88 crore

Sebi slaps Rs 200,000 on Geojit Financial for violating stock brokers' norm

It was alleged that Geojit had delayed in filing statement transaction report (STR) with government's Financial Intelligence Unit (FIU) of its clients

Geojit Fin Services Q1 net up 35% at Rs 16 cr on robust capital markets

Overall vibrancy in capital market which increased PAT, MF distribution income was given credit