Big movers on D-Street: What should investors do with Raymond, JK Paper and MapmyIndia?
Stocks that were in focus include names like Raymond, which rose 3.6%, JK Paper, which gained 4.3%, and MapmyIndia, whose shares declined 4.84% on Monday.
Morgan Stanley sees 7-35% upside for new-age stocks
“We see macro factors aligning (multiple re-rating for growth stocks in India and other regions, tight PE/VC money keeping the competitive environment benign) with micro factors (strong execution reflected in market share gains, margin improvement driving profit upgrade cycle) and supporting share prices,” said Morgan Stanley’s analysts in a client note.
PrimeInvestor issues exit call on Quant MF schemes
PrimeInvestor said the risk of such front running news is two-fold. One, there will be redemption pressure on the AMCs’ funds; and secondly, the stocks (if disclosed or rumoured) on which such front-running was allegedly done may come under selling pressure, it said.
Huge flows into sector, thematic MFs make wealth managers edgy
As per data from Franklin Templeton, sectoral and thematic funds garnered ₹70,072, or 31% of the total net inflows of ₹2.27 lakh crore, in the past 12 months. This helped make sectoral funds the second-largest equity mutual fund category after flexi-cap funds, with assets of ₹3.37 lakh crore, constituting 13% of the total equity mutual […]
Warburg Pincus sells stake in CarTrade Tech
Goldman Sachs India Equity Portfolio, Societe Generale and US-based Verition Multi-Strategy Master Fund were the top buyers at 828 per share. Shares of CarTrade Tech ended 2.33% lower at 836.95 on Monday.
Promoters on a selling spree amid red hot D-Street valuations
As the question of stretched valuations continues to swirl through Dalal Street, promoters seem to be firmly on course toward breaking the hitherto all-time calendar-year stock dilution record – set in the 2020 Covid era. So far in 2024, both domestic and overseas promoters have sold shares worth nearly ₹65,000 crore – not far from […]
Sebi weighs tighter checks for stocks at F&O entry gate
In its June 8 consultation paper, Sebi had sought feedback from market participants for its plan to revise the eligibility criteria for stocks to be a part of the futures and options (F&O) segment. The regulator wants stocks that are part of the derivatives market to be more liquid and traded by a wide set […]
Set to capitalise on opportunities in infra space, says Gautam Adani
The core infrastructure group which has businesses ranging across ports, green energy, cement, airports, power and transmission will be setting up the largest energy installation, redeveloping the largest slum and making the largest single location copper smelter of the world in the country over the next few years.