INDIA EQUITIES
Banks to soon raise Rs 40,000 crore; slew of QIPs lined up Mumbai: Banks plan to collectively raise ₹40,000 crore in the second half for expansion. PNB, Union Bank, and others seek approval at AGMs, adhering to RBI norms. Analysts discuss government shareholding, PNB's sequential growth, fundraising plans, ...
16 Jul, 2024, 08.33 AM ISTBuy-on-dips and sectoral rotation thesis in India to continue: Sandeep Tandon Since we are a global research house and we look at the data very closely, the money flow towards equity as an asset class is actually inching up. Given this background, we are saying that implied volatilities of various asset classes can spike or m...
16 Jul, 2024, 08.01 AM ISTD-Street Diary: Sai Life, Sanstar, Godrej Consumer & other companies in focus Sai Life Sciences, backed by TPG, has filed for a massive ₹5000 crore IPO. Sanstar's IPO opens on July 19. Northern Arc Capital and bulk container manufacturer Shree Tirupati have also received SEBI approvals for their IPOs. Sai’s offering includes ...
16 Jul, 2024, 07.38 AM IST- ADVERTISEMENT
Retail chases reward over risk, equity MF folio additions hit a record in June In June 2024, 4 million equity mutual fund folios were added, raising the total to 133 million, according to AMFI. Sectoral funds, contributing 37.84% of gross inflows and over 40% of new folios for a second month, spearheaded this growth.
15 Jul, 2024, 07.20 AM ISTThese equity mutual funds receive over Rs 3,000 crore inflows in June Six large-cap mutual funds have transformed a Rs 5 lakh lump sum investment into Rs 1 crore over the past two decades.
14 Jul, 2024, 12.14 PM ISTHow to play India's growth story through wealth management So, in a sense the whole play is on India but focus is on wealth and we use all the other pieces to sort of support the wealth management and its growth.
13 Jul, 2024, 04.21 PM ISTTaiwan, India threaten China’s top spot in EM equity portfolios The rise of Taiwan and India is allowing investors to better diversify by betting on artificial intelligence chipmakers and the infrastructure boom coming from Modi’s programs to modernize the country. As the US rate cycle peaks out, having attracti...
13 Jul, 2024, 09.41 AM ISTVodafone Idea converts ATC India’s residual OCDs into equity The conversion follows ATC calling on Vi yesterday to convert the remaining 1,600 OCDs – out of the 16,000 originally issued to it by the telco — into 160 million fully-paid equity shares.
12 Jul, 2024, 09.30 PM ISTIndia Inc raises record $30 billion in 6 months, riding FPO wave Indian companies have raised a record $29.5 billion in the equity market through IPOs & FPOs in the first half of 2024, more than double the amount raised last year. Follow-on public offers accounted for 85% of the total proceeds. Analysts anticipat...
11 Jul, 2024, 12.21 PM ISTIndia providing enough secular themes for global investors for medium-term: Surendra Goyal So, more medium term, that is how we think about it and it does provide some kind of a support, say for example, this year in the first four-five months we saw foreign outflows, but yet the market has continued to see a nice move up.
11 Jul, 2024, 12.01 PM ISTIn equity's Indian summer, IPOs and investors make hay in 2024 The IPO market in 2024 has seen strong investor interest with 38 companies listing at an average gain of 25%. While some stocks like Jyoti CNC Automation and Exicom Tele-Systems have surged 100-300%, others are trading below offer price. Major IPOs ...
11 Jul, 2024, 07.06 AM ISTPrivate equity deals in Indian real estate increased marginally Private equity deals in Indian real estate surged in Q1 FY25, mainly due to a significant investment in Reliance Retail's warehousing assets. The $1.5 billion Reliance-ADIA-KKR deal represented 71% of total PE deals. Despite an overall weak macroeco...
10 Jul, 2024, 03.07 PM ISTLIC Mutual Fund appoints Nikhil Rungta as Co-Chief Investment Officer–Equity LIC Mutual Fund named Nikhil Rungta as co-chief investment officer – equity (Co-CIO) from June 19, 2024, and notified unitholders via a notice-cum-addendum. Currently, LIC MF manages 39 schemes: 14 equity, 9 debt, 5 hybrid, 1 solution-oriented, and ...
09 Jul, 2024, 02.42 PM IST7 equity mutual funds offer over 20% return in 5 years Seven equity mutual funds yielded over 20% returns in five years based on daily rolling analysis. Of 187 funds with five-year track records, top performers were small-cap-focused. Bank of India Small Cap Fund led with a 31.22% return, followed by Ed...
09 Jul, 2024, 11.24 AM ISTThese 6 largecap MFs turn Rs 5 lakh lumpsum investment into Rs 1 crore in 20 years ETMutualFunds data reveals six large-cap mutual funds turned Rs 5 lakh into Rs 1 crore over 20 years. Notably, 11 funds have completed two decades. HDFC Top 100 Fund achieved Rs 1.51 crore, growing at 18.58% CAGR from Rs 5 lakh.
08 Jul, 2024, 10.34 AM ISTFPIs inject Rs 7,900cr in equities in first week of Jul; investment surpasses Rs 1 lakh cr in 2024 FPIs infused Rs 7,900 crore into Indian equities, raising the total to Rs 1.16 lakh crore in 2023. June saw a Rs 26,565 crore inflow with political stability. Milind Muchhala noted US bond yields' impact. Geojit's Vijayakumar cited buying in telecom...
07 Jul, 2024, 11.41 AM ISTWhat CJI Chandrachud's ‘stratospheric’ market remark means for equity markets Indian headline indices' record hitting spree has raised alarm bells among sections of market enthusiasts and the latest to jump into the bandwagon is the Chief Justice of India (CJI) DY Chandrachud who has advised market regulator Securities and Ex...
05 Jul, 2024, 04.33 PM ISTIndia stocks rally may have a tough fight amid stretched signals Indian equities rally may cool as technicals suggest overbought conditions for NSE Nifty 50 index. Investors optimistic due to Modi government's commitment to pro-growth policies. Global funds boost market with $3.1 billion in net purchases. June se...
02 Jul, 2024, 06.07 PM ISTUS fund Platinum acquires Inventia Health in India foray Platinum Equity makes its debut in India by acquiring a majority stake in Mumbai's Inventia Healthcare. With a valuation of Rs 2,500 crore, the deal sees PE investors exiting while the promoter retains a minority stake. Platinum Equity, managing ove...
01 Jul, 2024, 01.31 AM ISTEquity taxation tweaks, PSU disinvestment among 6 factors that could break markets: Kotak Equities Indian benchmark index Nifty 50 has surged by 1,682 points or 7.6% since the June 4 debacle, driven by non-institutional investors and select institutional investors, as noted by Kotak Institutional Equities. The market's sentiment remains positive ...
21 Jun, 2024, 02.48 PM IST