Mind Over Money: Yoga, music & sports helps this CIO with Rs 25,000 cr-AUM keep mentally fit
Although the majority of our time is consumed by the equity markets, I typically rely on a blend of yoga, music, and sports to maintain my mental well-being and stay mentally sharp.
60 smallcap stocks delivered double-digit returns in volatile market week
Thangamayil Jewellery was the top gainer in the smallcap pack with over 50% return, followed by MSP Steel and Power (48.95%), Foseco India (29.07%), and Indo Borax (28.8%). About six stocks including Jai Balaji, Mukand, Jagsonpal, Vesuvius India, Gallantt Ispat, Texmaco Rail have offered returns between 20-25% during the week
Mind Over Money: Yoga, music & sports helps this CIO with Rs 25,000 cr-AUM keep mentally fit
Although the majority of our time is consumed by the equity markets, I typically rely on a blend of yoga, music, and sports to maintain my mental well-being and stay mentally sharp.
‘No Violation’: SAT junks Sebi’s penalty on Ambanis
The tribunal directed Sebi to refund the ₹25 crore penalty within four weeks, while also pulling up the regulator for what it called the “inordinate delay” in proceedings.
Baring PE Asia to pick up 60-65% stake in Indira IVF
The deal was signed before other contenders could submit binding offers by this week’s deadline, said people directly involved in the matter. The chain has been valued at $1.1 billion (₹9,000 crore), they said. BPEA EQT has paid a premium of about 22 times Indira IVF’s ebitda
Wall Street ends higher on US soft landing hopes
U.S. annual inflation slowed considerably in June, likely pushing the Federal Reserve closer to ending its fastest interest rate hiking cycle since the 1980s, data showed on Friday.
Piramal back in black on Shriram Finance stake sale; announces buyback
Net profit was lower than the ₹8,155 crore reported a year ago, which in turn was almost entirely due to an exceptional gain of ₹7,614 crore from the demerger of the pharmaceutical business.
Indiabulls Housing Finance promoter further cuts stakeholding
Gehlaut’s reduction in stake is part of the company’s path to institutionalisation after he stepped down as promoter in February 2023. From a 21% stake in December 2021, Gehlaut has reduced his stake to around 2% currently and is poised to totally exit the non-banking finance company he founded.
Yatharth Hospital Rs 687 crore IPO subscribed 36x
The qualified institutional buyers’ portion was subscribed 85 times, while the non-institutional investors’ (NIIs) segment was subscribed 37 times. The shares reserved for retail individual investors (RIIs) were subscribed 8.34 times.
Govt bond yields hit 3-week high at 7.16% on US rate concerns
Yield on the 10-year benchmark bond settled at 7.16% on Friday, four basis points higher than its previous close and the highest closing level since July 7, Bloomberg data showed. Bond prices and yields move inversely. One basis point is 0.01 percentage point.