Paytm, Zomato among 6 companies that saw highest PE exits in 2023
In 2023, Indian equities experienced a stellar bull run, outshining all emerging market counterparts. The robust secondary market presented PE and VC firms with a golden opportunity for profitable exits, thanks to a consistent influx of flows, notably from DIIs. Consequently, 2023 witnessed record-breaking PE and VC exits via secondary markets in India’s equity history. […]
There is room for at least 20-25% upside in PSU stocks: Siddhartha Khemka
Siddhartha Khemka says: “We believe that in the next two years, FY24-25, the Nifty earnings would continue to grow at 18-20% which should drive the returns from the market. We do not expect much re-rating as we are near the mean of around 20 times. So the earnings will drive the returns and that is […]
Tech View: Nifty forms Inside Bar candle on weekly expiry. What Nifty traders should do on Friday
Open Interest (OI) data showed the call side displayed the highest OI at the 49,000 level, closely followed by the 49,500 strike prices. Conversely, on the put side, the highest OI was observed at the 48,000 strike price.
Amit Shah launches tur dal procurement portal; sets 2027 as target to become self reliant in pulses
The registered tur farmers will have an option to sell to either NAFED/NCCF or open market, Shah said and added suppose the open market price of tur remains higher than the MSP, in that case an average rate will be arrived through a formula.
Sugar Cosmetics turned profitable in December; looking at 2-3 years’ timeline for IPO: Vineeta Singh
Vineeta Singh says: “A few months back, we launched with Kareena a brand called Quench which is a skincare brand. So colour cosmetics is a Rs 10,000-crore market where Sugar plays and now Quench which is a skincare brand in partnership with Kareena Kapoor Khan is going to play in the Rs 25000 crore skincare […]
F&O Stock Strategy: How to trade Canara Bank, Cipla and Crompton
While the overall market may remain in a consolidation mode for some time, there is potential for noteworthy stock-specific movements in the near term. In light of this, three stocks have formed a strong setup on the charts for further rally, giving a good risk-reward ratio.
Technical Stock Pick: 30% fall from highs! This education stock is showing signs of bottoming out; time to buy?
Short-term traders can look to buy the stock for a possible bounce back towards 300 levels in the medium term, suggest experts.
Stars align for India bonds after first yearly gain since 2020
India’s trillion-dollar sovereign bond market is gearing up for a rush of foreign money in the run-up to inclusion in JPMorgan Chase & Co.’s emerging markets bond index in June.
5 expected IPOs in January that will spark primary market momentum in 2024
As many as five IPOs are expected to hit the Street in the month of January, kickstarting what analysts expect to be another buoyant year for the primary market.
Dixon, Syrma, Kaynes were toast of the town in 2023. Should you continue to ride them?
Hemang Jani says that last year the IT sector has done pretty well. “I would be comfortable entering into these stocks once we have slightly more colour in terms of earnings for next year. While people hope that the growth is going to be 10-12% for largecaps and maybe 16-20% for midcaps, we want to […]