INDIANIVESH

Morgan Stanley invested $25 million in the company in 2021. Also, in 2021, Leap raised $34 million in a secondary round from investors led by Schroder Adveq and IIFL fund, giving early backers Mayfield Fund, IndiaNivesh and Six Sense Ventures a part...

Stocks such as Rama Steel Tubes, Filatex Fashions, Indianivesh, Magnum Ventures, Euro Asia Exports, Madhusudan Securities, Imagicaaworld Entertainment, Abhirami Financial Services, Tirupati Tyres, Soma Textiles, and Deep Diamond India have gained ov...

In the Nifty 50 index, 22 stocks were trading in the green, while 28 stocks were trading in the red.

In the Nifty pack, 25 stocks were trading in the green, while 25 stocks were trading in the red.

In the Nifty pack, 11 stocks were trading in the green, while 39 stocks were trading in the red.

The company had raised $25 million from Morgan Stanley in a primary round in February.

The 14-year brokerage has become the first casualty of the turmoil in the stock market over the past 40 days triggered by the global pandemic. The firm has shut down its PMS business called IndiaNivesh Small Cap (Sprout) last week.

The broking firm said it has managed to fulfil its settlement obligations during this period.

The assets under custody of IndiaNivesh Small Cap (Sprout) have declined from Rs 90 crore to Rs 60 crore in the past one month, according to sources.

Consequently all assets such as securities and bank balance will be handed over to the clients.

Private banks with substantial unsecured loans exposure are bearing the brunt.

They are likely to remain on top of the game but it will be interesting to see how well they manage the risk, says the IndiaNivesh Securities analyst.

With core return on assets remaining robust, the brokerage expects IndusInd Bank to be able to absorb asset quality shocks.

YES has had a tumultuous 2019 with new CEO unable to raise funds needed to bolster ratios.

"I was expecting a GDP growth figure below 4.5 per cent. For me, it’s a slightly better number."

Going ahead, 11800 could act as a decisive level for the markets, says Kothari.

The Nifty surged more than 3 per cent to close above the 11600 mark.

Suzlon Energy Ltd.’s shares have more than doubled in about three weeks.

IndiaNivesh Renaissance Fund is chaired by former Securities & Exchange Board of India chairman GN Bajpai.