ETMarkets Smart Talk: Why Jitendra Gohil is adding consumption and cutting exposure towards infra & midcaps
While these geopolitical risks are concerning – especially the trade wars and sanctions – the dollar index has weakened, inflation is moderating, commodity prices are falling, and oil prices have remained relatively stable, which benefits India’s market.
India can lead gobal south that will rule the world for next 100 years: Kiril Sokoloff
Investment strategist Kiril Sokoloff shares his optimism on India’s economic potential, the uncertainties in the US economy, the impact of upcoming US elections, and the future of global currencies. He discusses the potential of Indian equities, the strength of China’s technological advancements, the trajectory of oil prices, and the rising importance of gold and silver.
Big movers on D-Street: What should investors do with NBCC, Adani Ports and Varun Beverages?
The benchmark BSE Sensex extended its gains for the 10th consecutive day, setting a new lifetime high on Monday. Key stocks in focus included NBCC with a 0.42% rise, Adani Ports which increased by 0.85%, and Varun Beverages, which gained 1.86%. Experts share buying recommendations for these stocks as the market reopens today.
Most IPO investors sold their shares within a week of listing: Sebi study
A Sebi study has found that 70% of individual investors sell their IPO shares within a year. Investors are more likely to sell shares posting positive returns quickly. The study also highlights a decline in high networth individual participation post-April 2022. Most IPO investors come from Gujarat, Maharashtra, Rajasthan, and Uttar Pradesh.
Bourses should learn to say no to SME IPOs: Ashwani Bhatia
A senior Sebi official has urged stock exchanges to deny public listings for small and medium enterprises (SMEs), citing the inflation of balance sheets and lack of proper auditing. Over ₹14,000 crore have been raised through these listings in the past decade, with around ₹6,000 crore raised in FY24.
Reverse merger likely to improve profit of Gujarat Gas, stock up 11%
Before the merger, the Gujarat government had a controlling 55% stake in GSPC. GSPC, in turn, owned 37% of GSPL, which further held a 54% stake in Gujarat Gas. GSPC primarily focuses on gas trading and exploration, with gas trading contributing significantly to its operating profit. In the fiscal year 2024, GSPC’s gas trading volume […]
Rs 7,821-cr payout! Vedanta to pay another dividend, at Rs 20/Share
Vedanta declared a ₹20 per share dividend, its third interim payout this fiscal year, totaling ₹7,821 crore, with a record date of September 10, following earlier dividends in May and July.
Stocks in news: ICICI Bank, Vedanta, HAL, Adani Green, Medi Assist Healthcare
Stocks in news: Equity markets started positively, with modest gains during a subdued session. Key focus includes ICICI Bank’s clarification on Sebi chief’s salary, Vedanta’s interim dividend, Adani Green’s $444 million joint venture, HAL’s aero-engine procurement approval, and more developments involving Gensol Engineering, Medi Assist Healthcare, and IEX’s arm ICX.
Asian equities advance as Yen steadies after drop: Markets wrap
Asian stocks saw gains with Japan leading, while the yen steadied after a recent drop. Traders are watching for signs of China’s economic troubles and upcoming US jobs data, which could influence Federal Reserve actions. Oil prices rose due to supply disruptions in Libya.
Vedanta Holdco plans $1.5-billion notes issuance
Vedanta Resources plans to raise up to $1.5 billion through a five-year dollar bond sale, aiming to refinance existing debt and reduce borrowing costs. Managed by major banks, the issue seeks to refinance bonds due in 2027 and 2028. The bond sale is expected to open next week after investor meetings in key financial hubs.