ETMarkets Smart Talk: We believe that India should outperform the global markets in short to medium-term: Pankaj Murarka
We are unlikely to see any meaningful increase in rates going forward. Based on the US government data, underlying growth currently hasn’t weakened much which implies that higher levels of interest rates are likely to sustain over the medium term, which would lend volatility to global markets.
Stocks to buy today: 5 short-term trading ideas by experts for 14 February 2023
India VIX moved up by 7.38% from 12.75 to 13.68 levels on Monday. Volatility negated its lower highs formation of the last 7 trading sessions and now needs to cool down for market stability to resume. On the options front, the weekly maximum Call OI is placed at 18000 and then towards 17800 strikes while […]
Adani shock rips through ESG funds as strategy fails test
Stocks bearing the Adani name appear in more than 500 so-called Article 8 funds that are supposed to “promote” environmental, social and governance goals under European Union rules, data compiled by Bloomberg show. About 80 of those exposures are via direct holdings, while the rest are mainly through funds of funds or index trackers, according […]
Dollar eases as inflation in focus, BOJ governor nomination awaited
The yen dropped sharply last year to a 32-year low of 151.94 per dollar as U.S. rates rose and Japanese rates stayed near zero, but it has since recouped those losses as the Fed looks to pause its tightening while speculation increase that the BOJ will move away from its ultra-loose policy.
Bond yields flat despite Moody’s change in outlook
Bonds of Adani Green, Adani Ports & SEZ, Adani Transmission and Adani Electricity Mumbai (AEML) were little changed from Friday and were trading at a lower yield than their recent peak.
Adani reaches out to Abu Dhabi Inc for capital infusion
Senior representatives of the group, led by chairman Gautam Adani, Group CFO Jugeshinder Singh and other executives have been in the Middle East for the past week. Meetings have also been held with Abu Dhabi Investment Authority (ADIA) and other sovereign wealth funds (SWF) of Abu Dhabi, those cited above told ET.
Govt open to panel review of investor protection regime
The Supreme Court last week sought the government’s views on whether the regulatory regime needs a review, suggesting an expert panel headed by a former judge on the matter.
RBI, Yes Bank move SC against HC order setting aside Rs 8.4k cr AT-1 bonds writeoff
Institutional investors such as mutual funds, including Reliance Nippon, and individuals had put as much as ₹8,415 crore in Yes Bank’s AT-1 bonds. Subsequently, the bank’s AT-1 retail bondholders moved court to challenge the decision and reclaim their money.
Sebi’s enquiring into Hindenburg allegations
The capital markets regulator made these comment in a report sought by the Supreme Court late last week in response to a public interest litigation (PIL) asking for an inquiry into the sell-off in Adani stocks triggered by the Hindenburg report.
Adani stocks extend losing run
Adani Enterprises, Adani Transmission, Adani Total Gas and ACC could see outflows of $425 million or about ₹3,450 crore by the end of this month when the MSCI index adjustments come into effect.