IPOs in 2022: Fund mobilisation halves to Rs 57k cr; new year may be even quieter
“The year 2023 will be tough, with growth slowing down globally, we are bound to see some repercussions in India. I expect a slower or quieter market in 2023, and I suspect money garnered through IPOs next year will be lower than or on the same level as 2022,” said Nikhil Kamath, co-founder of True […]
FPIs invest Rs 10,555 cr in equities in Dec so far on moderating US inflation
Further, capital flows will be dictated by the global developments, particularly the trends in the dollar index and US bond yields. This, in turn, will be determined by the trajectory of US inflation, said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Mcap of nine of top-10 most valued firms erode by Rs 1.22 lakh cr; Reliance biggest laggard
Barring HDFC Bank, rest nine companies, including Tata Consultancy Services (TCS), Infosys, ICICI Bank and Hindustan Unilever, witnessed decline in their market valuation.
Gold traders wind down their activities ahead of Christmas and New Year
A similar scenario may unfold in the UK and euro-zone as their respective central banks ratchet up interest rates despite increasing risks to fragile growth.
KFin Technologies IPO: Should you avoid this ‘pricey’ bet?
Brokerage firms have a mixed review on the company. A few suggest it is as a long term player citing its strong position in the duopoly market, whereas others suggest to keep off the issue citing rich valuations and complete OFS status.