No value opportunities in current market environment: Kenneth Andrade
“What seems to be deviating right now is the trajectory of valuations and the growth of the economy. Valuations in a lot of businesses are running ahead of time – the expectations are building up significantly. In situations like this, what is not factored into this scenario is an external event which could derail executions. […]
Auto parts maker Carraro India files DRHP for Rs 1,812 crore-IPO
The offer is being conducted through the book-building process, with up to 50% allocated on a proportional basis to qualified institutional buyers, at least 15% allocated to non-institutional investors, and at least 35% allocated to retail individual investors.
These 10 smallcap stocks witnessed a rise in prices and volumes in last 3 days
The consistent performance indicates higher investor interest in these stocks.
Bullish Indicator: 7 largecaps see drop in promoter pledges in Q1
Pledging of shares is one of the options that the company promoters use to secure loans to meet working capital requirements, personal needs and fund other ventures or acquisitions. A promoter shareholding in a company is used as collateral to avail of a loan. Here’s is a list of 7 largecap stocks from the Nifty200 […]
Will BSE & NSE remain closed on Monday for Krishna Janmashtami?
The BSE has scheduled 15 trading holidays for 2024, with 11 already observed. The next closure is on October 2nd for Gandhi Jayanti. November will see two closures, including Diwali on November 1st, followed by Muhurat Trading. Finally, markets will be closed on December 25th for Christmas.
Wall Street ends sharply higher as Powell cements September rate cut hopes
Following Jerome Powell’s dovish comments at the Jackson Hole Symposium, U.S. stocks rallied in anticipation of a rate cut by the Federal Reserve in September. All major indexes rose, driven by gains in megacap stocks and regional banks. Powell’s remarks indicated a shift towards multiple rate cuts, boosting investor sentiment.