Will the emerging market crisis eventually touch Dalal Street?

The emerging market crisis follows a very familiar pattern. In times of high liquidity cycle (while the Fed is easing), the money supply is abundant and reaches far-away shores to seduce the usual EM suspects to go for an overdrive on consumption-driven growth with borrowed capital.

Jhunjhunwala’s Titan stock bet sees EPS upgrades post Q1. What lies ahead?

Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala held a 5.05 per cent stake in the June quarter, which was worth Rs 10,911.30 crore, as per Trendlyne.Emkay Global said Titan reported an 8 per cent beat to its Ebitda estimates. “Ex-bullion sales, consolidated Ebitda margin at 13.2 per cent was 200 bps higher than pre-Covid levels, […]

Eight of top-10 firms add Rs 98,235 cr in m-cap; Infosys, TCS lead gainers

The market valuation of Reliance Industries Limited climbed Rs 17,048.21 crore to stand at Rs 17,14,256.39 crore and that of ICICI Bank advanced Rs 13,861.32 crore to Rs 5,83,261.75 crore.The market capitalisation (m-cap) of Life Insurance Corporation of India (LIC) went higher by Rs 6,008.75 crore to Rs 4,34,748.72 crore and that of Bajaj Finance

FPIs buy shares worth Rs 14,000 cr in a week amid softening dollar index

FPIs had turned buyers in July after nine straight months of heavy net outflows, which started from October last year. Between October 2021 and June 2022, they sold a massive Rs 2.46 lakh crore in the Indian equity markets.Hitesh Jain, Lead Analyst – Institutional Equities, Yes Securities, said FPI flows are expected to remain positive […]

28 cos secure Sebi’s clearance to float IPOs worth Rs 45,000-cr in Apr-Jul FY23

Among the firms that have secured the regulator’s clearance include Lifestyle retail brand FabIndia; Bharat FIH, a subsidiary of FIH Mobiles and a Foxconn Technology Group; TVS Supply Chain Solutions; Blackstone-backed Aadhar Housing Finance; Macleods Pharmaceuticals and Kids Clinic India, which operates super-specialty mother and babycare chain Cloudnine.