FPIs invest Rs 5,001 cr in Indian equities so far in August
Mumbai: Foreign portfolio investors (FPI) have made a net investment of Rs 5,001 crore so far in August in Indian equities, according to data from NSDL. The FPIs have made a comeback after a net outflow of Rs 11,308 crore in July. With the investments in August, the net FPI investment in the equities segment […]
Dalal Street Week Ahead: Which sectors may lead market action and which ones may lag
In out last weekly note, we had mentioned that the only trouble for an otherwise buoyant Nifty could be that it is now overextended on the daily chart. The week that went by saw the market consolidate at higher levels. In the global landscape, signals of taper tantrums from the US Fed caused some volatile […]
IPOs RUSH: Didn’t get ALLOTMENT this month? More public offers coming for you! 23 companies submit documents to SEBI in August
This seems IPOs (Initial Public Offers) rush is not going down anytime soon. This year has already seen 36 IPOs opening for public subscription, as per the National Stock Exchange (NSE) data alone. From Indian Railway Finance Corporation Limited (IRFC) IPO on January 8, 2021, till Aptus Value Housing Finance India Limited and Chemplast Sanmar Limited on August 12, 2021, the IPO market has […]
Market Movers: HUL dusts off its cape to provide haven to iffy investors
MUMBAI: This was the moment Hindustan Unilever was waiting for. The moment when it got to dust off its cape and act as a haven for panic-stricken investors. Over the past year, the stock has had little joy trying to play savior for the market because the market, honestly, had no need for its services […]
Mutual Funds: Five reasons to invest in a global fund
However, as investors, we tend to have a home bias, i.e., a preference to invest in domestic securities over foreign securities. By Jinesh Gopani Courtesy globalisation, we are all consumers of global products in our day-to-day life. Whether it is our smartphone, the social networking apps we use or the e-commerce platforms we shop on, […]
India fares better than Asian emerging markets peers
In May and June, as India struggled to contain the second wave, several Asian peers experienced a robust economic recovery on the back of a rebound in global trade. But the spread of the virus, and in particular the Delta variant, has led to a reimposition of lockdowns across the continent, slowing down most Asian […]
Stock Market Highlights: Sensex falls 162 points, Nifty ends below 16,600 as metals, banks drag
Market At Close | Here are the key highlights of today‘s trading session – Weekly Expiry Keeps Mkt Under Pressure; Sensex & Nifty Snap 7-day Gaining Streak – Financials Drag Market With Nifty Bank Falling Over 300 Pts; ICICI, Kotak Top Losers – HDFC Bk Fails To Hold Gains Despite RBI Partially Lifting Tech Ban, […]
2021 may turn out to be India’s year of IPO; growth impulse igniting markets: RBI article
The RBI article was referring to the IPO of Zomato which got oversubscribed 38 times. The year 2021 could turn out to be India’s year of IPO with the domestic unicorns through their public issues setting “domestic stock markets on fire and global investors in a frenzy”, an RBI article said on Tuesday. The successful […]
India’s overseas listing rules for companies delayed due to tax concerns: Report
New Delhi: India will take around six months to announce rules allowing companies to list overseas, taking longer than some expected as the finance ministry irons out issues related to taxation, two government officials and four industry sources told Reuters. The delay is likely to dampen hopes of investors like Tiger Global, Sequoia Capital, Lightspeed […]