Tracxn Tech IPO: Analysts cautious over valuations, investor exit; should you subscribe?
Tracxn Technologies aims to raise Rs 309.38 crore via its initial stake sale, which is entirely an offer for sale (OFS) of up to 3.86,72,208 equity shares with a face value of Re 1 each by the promoters and existing shareholders of the company.
Pulses to remain benign in short-term on expectations of new crop arrival
Looking forward, due to the onset of Kharif crops’ arrival, prices are likely to remain steady during October-December 2022 quarter, as we witnessed during most of September 2022, wherein prices capped 2 per cent range. Now, much will depend on Rabi Crop Planting’s intention, especially for China
Foster Friess’ investment rules to generate superior returns
Famed investment manager Foster Friess believed investors need to be highly focused and should follow a disciplined approach in order to achieve investment success.”First of all, investors need to have a high degree of intellectual honesty. Second, a high energy level, an intense eagerness to win, an ability to interact effectively with people, and a […]
Equity investors aren’t happy with better-than-expected US jobs data. Here’s why
Officials at the Federal Reserve have been keeping a close eye on hiring and wages as they proceed with a series of rate increases meant to combat inflation. The job data indicates that, for now, they are doing so without tipping the economy into a recession that would throw millions out of work.
Investors fleeing to cash like it’s 2020: BoFA strategists
Credit Suisse Group strategists said this week that earnings faced an “extreme” risk and that stock funds had yet to see “significant” outflows – all implying further declines in the S&P 500.
Top 17 BSE500 stocks turned investors wealthier this week; Will the momentum sustain?
With several stocks in the midcap and smallcap space having seen multi-fold rise in prices, a section of the market believes that one should take calculative bets in these stocks and book profits at current levels.
Rupee falls to lifetime low, bond yields climb
The rupee plunged to a new lifetime low of 82.43 a dollar Friday. It lost more than half a percentage point to close at 82.33, the unit’s lowest ever closing level, Bloomberg data compiled by ETIG showed.
Better-than-expected Q2 outlook sends Titan stock surging over 5%
Titan was among the most actively traded stock futures contract on Friday after the optimistic sales update as traders added fresh bullish bets.