IPO story H1-2022: Kabhi Khushi, Kabhi Gham
There were two slices of good news in the first six month on the IPO front. Firstly, the much awaited LIC IPO saw the light of day. One can talk about the valuations and the issue size being lowered. However, the fact remains that Indian IPO markets did pull off the largest IPO in history. […]
SpiceJet Flight Emergency Landing Live Updates: DGCA orders probe into the incident – The Economic Times
SpiceJet Flight Emergency Landing News Live: The Directorate General of Civil Aviation has ordered probe into the incident where SpiceJet’s Delhi-Dubai flight was diverted to Karachi as the fuel indicator started malfunctioning.More than 150 passengers were present onboard the SpiceJet flight (Delhi-Dubai) that made an emergency landing in Karachi, Pakistan after developing a technical fault. […]
Market regulator shifts focus to monitoring AIFs
The Securities and Exchange Board of India (Sebi) is often criticised for failing to enforce regulations on alternative investment funds (AIFs) with consistency. However, a recent Sebi order indicates a change in approach and shows that perhaps monitoring, investigation, and enforcement with regard to such funds is increasing. In a recent ruling, the capital market […]
MARKET LIVE: SGX Nifty signals a soft start to trade, down 23 points
The Indian equity markets are likely to start trade on Monday on a flattish note. As of 8:00 AM, the SGX Nifty Futures quoted 15,729 levels, indicating a cut of 23-odd points on the Nifty50. However, globally, the US markets closed in a positive territory on Friday. Dow Jones advanced 1.05 per cent, while the […]
Why the Recent Massive Outflow of Capital Matters for India
For the past nine months, foreign portfolio investors (FPIs) have been on a heavy selling spree in the Indian financial markets. According to data compiled by the National Securities Depository Limited, FPIs have pulled out a whopping Rs 255,879 crore ($33.5 billion) from equity and Rs 16,621 crore ($2.1 billion) from debt segments of Indian […]
Rakesh Jhunjhunwala Stocks: Agrochemical firm Rallis India shares may surge by 23% despite pressure on margins – Here’s why?
Billionaire investor Rakesh Jhunjhunwala-backed agrochemical stock – Rallis India Limited likely to surge by 23 per cent from the current level, domestic brokerage Prabhudas Lilladher stated while upgrading to Buy rating from Hold as the company takes price hike to mitigate higher input costs. According to brokerage, management of Rallis India stated that recent correction […]
India’s best performing mutual funds for June 2022
In June 2022, the Nifty fell by -4.85%. This comes on top of -3.03% in May 2022 and -2.07% fall in April 2022. June 2022 also marked the fourth consecutive month that the Nifty gave negative returns. The pressure was also visible in the smaller indices. In June 2022, the mid-cap index fell by -6.24% […]
Yuan-ruble trade hits a 6-month high as Chinese exports to Russia jump amid Western sanctions
Yuan-ruble trading volume in China surged to a six-month high in June, Bloomberg reports. Spot trading between the two currencies rose to 321 million yuan, or $48 million, in the interbank market. Yuan-ruble trading volume surged to a six-month high in China last month as Chinese exports to Russia ramped up. Spot trading between the […]
‘If you are investing in stock markets, ask yourself two questions’
NEW DELHI : A promoter’s honesty and their ability to allocate capital sensibly are among factors that Saurabh Mukherjea, founder and chief investment officer of Marcellus Investment Managers, looks for while deciding where to put money in the equity market. Edited excerpts: What is the investment strategy that investors should follow while approaching the equity […]
A decade lost! Retail investors likely to re-evaluate their risk profiles after recent selloff
In the last decade, we have seen an extremely low-interest rate environment which drove down the cost of capital and led to expansion in price earnings (PE) multiples for numerous stocks. Moreover, the lack of yields on fixed-income instruments has forced many retail and first-time investors who are traditionally low-risk investors to invest in the […]