Mumbai-based Seshaasai Technologies files for DRHP with SEBI for IPO
Seshaasai Technologies, a technology-driven solutions provider, has filed its DRHP for an IPO. The issue comprises a fresh issue of up to Rs 600 crore and an OFS. The company will utilize the proceeds for capex, debt repayment, and general corporate purposes.
These 3 sectors could drag down your portfolio in 2025
Indian stock markets are poised for a strong rally in 2025, with the Sensex projected to reach 90,000. However, while opportunities abound, certain sectors may underperform.
Investing in 2025: Six wealth management trends to watch out for
India’s wealth management sector is evolving due to tech advances, ESG investments, and increased mutual fund SIPs. By 2025, AI-driven platforms, a significant rise in alternative investments, growing demand for gold, and personalised wealth services for affluent individuals will dominate, aligning with India’s growth trajectory toward becoming a $5 trillion economy.
12 stocks with record dates for dividends, bonuses, splits, rights issue next week. Do you own?
Several companies, including KPI Green Energy and RedTape, have upcoming record dates for corporate actions. Investors must hold shares before the ex-date to qualify for dividends, bonuses, or splits. The T+1 settlement system generally aligns record and ex-dates, but exceptions may occur due to market holidays.
FIIs offload Rs 656 cr in Dec as selling abates; buying seen in primary markets
FII equity selling in India continued in December, but at a slower pace. While they net sold Rs 656 crore through exchanges, FIIs invested Rs 17,331 crore in the primary market. This highlights their focus on long-term opportunities despite short-term concerns. FIIs have also heavily invested in the Indian debt market.
Fund Manager Talk | Be selective on capex stocks, bullish on power infra theme: Nimesh Chandan
Nimesh Chandan, CIO of Bajaj Finserv AMC, is bullish on large-caps and sectors like power infrastructure, pharma, online platforms, and real estate. He emphasizes long-term investing, focusing on megatrends, and acknowledges the risk of lower returns after consecutive years of strong performance.
F&O Talk | Nifty indicates bearish momentum, Bank Nifty still a ‘wait and watch’: Sudeep Shah of SBI Securities
The Nifty closed slightly higher on Friday, with muted trading volume. Support levels are at 23,550 and 23,200, while resistance lies at 24,000. The index is currently below its key moving averages, indicating bearish momentum.
Top 5 small cap mutual funds which performed better than their benchmark in 3 years
Among 23 small-cap funds with three-year track records, 5 outperformed their benchmarks. These funds demonstrated strong performance, especially during market downturns, as indicated by a down capture ratio below 100%.
Bitcoin trades steady, waiting for a strong catalyst to move higher
Bitcoin experienced a correction following the Fed’s hawkish stance, but institutional interest shifted towards Ethereum ETFs. Russia’s adoption of crypto for international trade highlights its utility beyond speculation. Retail investor interest remains strong, with increased “buy the dip” sentiment.
Oil settles up over 1% on large draw from US crude stocks
Brent crude futures rose 91 cents, or 1.2%, to settle at $74.17 per barrel. U.S. West Texas Intermediate crude futures rose 98 cents, or 1.4%, to $70.60 per barrel.