FPIs make biggest buying of ₹44,481 cr in equity market so far in Aug
In less than three weeks of August, the foreign portfolio investors (FPIs) made their biggest investment of the year. FPIs showed a strong appetite for the equities market as the inflow neared ₹44,500 crore so far this month. While the debt market has also seen some traction from overseas investors, however, is fractional compared to […]
Board of multibagger stock fixes record date for rights issue: Check if you own
With a market valuation of ₹36.68 crore, Naysaa Securities Ltd. is a small cap firm that provides financial services. For the Indian Stock Market, Naysaa Securities provides investment consulting services as well as tools and services linked to investment. The firm provides services in equity and initial public issues (IPO), mutual funds, derivatives, NRI offerings, […]
JSW Group, IIT Bombay join hands to set up steel manufacturing tech hub
IIT Bombay, India’s premier engineering and technology Institute, and US$ 22 billion JSW Group, India’s leading business conglomerate have extended an exclusive strategic agreement to establish a first-of-its-kind, state-of-the-art JSW Technology Hub in India for steel manufacturing. The Centre of Excellence in Steel Technology (CoEST) was established by IIT Bombay, an “Institution of Eminence,” with […]
Nifty, Sensex Touch Record Highs. But Dear Investor, Time and Not Timing is the Key
The Indian stock markets are currently witnessing a super sharp upward rally. Both Sensex and Nifty are riding the bull and reaching out for record highs. At 60,117.51 points, the Sensex has breached the psychological 60,000-mark, a feat it had first achieved in October 2021. Driven by the momentum, the combined market capitalisation of all […]
Market mayhem cuts fundraising via QIPs
MUMBAI : Fundraising by India Inc. through the qualified institutional placement (QIP) route fell 82% in 2022, as global macro headwinds and stock market volatility reduced opportunities for companies to tap the market to raise equity. QIP is a capital-raising tool through which listed companies can sell shares, fully and partly convertible debentures, or securities […]
Indian govt bonds may get added to a global index next year
Indian government bonds may be added to a global index next year, triggering passive inflows of about $30 billion that will help the country to finance its current account and fiscal deficits, according to Goldman Sachs Group Inc. The nation’s sovereign bonds may be added to JPMorgan’s GBI-EM Global Diversified bond index with an initial […]
Multibagger stock turns ₹1 lakh to ₹3.59 Cr in 15 years: Should you buy?
With a market valuation of ₹39,897.91 Cr, Astral Ltd. is a large-cap industrial firm. Astral Ltd is a leading CPVC pipe and fitting manufacturer in India, which offers a variety of pipes including PVC and CPVC pipes. The firm operates as a leading Indian Manufacturer in the pipe sector because of its backward integration capabilities […]
3 chemical stocks that have given multibagger return since last Independence Day
The chemical sector has created impressive wealth for the investors in the last five years as most of the stocks have outperformed by turned multifold in value. The sharp upmove can be attributed to the improved outlook and the fact that covid pandemic has accelerated the shift away from China to other countries. As India […]
Behind the remarkable backlog in pending IPOs
MUMBAI : The current dry spell in India’s primary market may continue for the next two quarters despite a slight rebound in the activities, market experts said. According to investment bankers, the backlog in public listings may persist until the March quarter as investors and companies have turned cautious following a slew of lacklustre mega […]
Dollar index to US retail sales: Top 5 stock market triggers to watch this week
Stock market next week: On account of Indian inflation coming down to 5-month low and US Fed’s ‘mild hawkish’ speculation on interest rate hike, Indian stock market finished on the positive note on all four trade sessions in the week gone by. NSE Nifty finished in green territory for 7th straight week, rising from the […]
