Market caution justified after sharp rally, investors should stay vigilant: Sudip Bandyopadhyay
Concerns are rising over the impending trade deal deadline between India and the United States, leading to market consolidation and profit booking. Inditrade Capital’s Sudip Bandyopadhyay advises caution as the US policymaking remains volatile. Eternal’s stock declined after shareholder approval to cap foreign holding at 49.5%, a strategic decision impacting potential global index inflows.
Fund Manager Talk | Discretionary consumption sector set to outpace staples: Mirae’s Siddhant Chhabria
Mirae Asset’s Siddhant Chhabria anticipates a multi-year consumption upcycle in India, fueled by easing inflation, tax reliefs, and a rural rebound. The fund is overweight on consumer discretionary stocks, expecting them to outpace staples due to faster growth potential and margin recovery. He highlights the potential impact of the 8th Pay Commission and tax benefits […]
FII flows turn positive; long-term capital returning to India: Sachin Shah
Emkay Investment Managers’ Sachin Shah highlights a mega-trend of US corporates diversifying supply chains globally, benefiting countries like India. He believes India is poised to gain incremental market share in sectors like specialty chemicals and pharmaceuticals. With cooling trade war tensions and increasing FII inflows, India stands out among emerging markets, showcasing its domain expertise […]
Borana Weaves IPO Day 2: After strong investor response, GMP soars to 28%. Check subscription
Borana Weaves’ IPO continued to attract strong interest on Day 2, with overall subscription reaching 8.5 times and the retail portion booked 25 times. The IPO’s grey market premium (GMP) surged to Rs 60, indicating a potential 28% listing gain. The issue aims to raise Rs 144.89 crore and closes on May 22.
Accretion Pharmaceuticals IPO listing today. Check GMP ahead of debut
Accretion Pharmaceuticals, a Gujarat-based pharma manufacturer, concluded its SME IPO with a strong subscription of 7.31 times. The IPO, priced at Rs 96-101 per share, aims to utilize proceeds for capital expenditures and facility upgrades. Despite robust financial growth and international presence, the grey market premium remained flat, indicating market caution ahead of its NSE […]
Asian stocks gain, oil rises on Israel-Iran report
Oil prices surged following reports of potential Israeli preparations for strikes on Iranian nuclear facilities, as indicated by US intelligence. Asian stocks experienced gains, while US equity futures showed slight declines. Geopolitical tensions are resurfacing, potentially impacting markets that had recently stabilized after tariff-related volatility.
CleanMax Enviro plans Rs 5,000 cr IPO to boost renewable energy growth
CleanMax Enviro Energy Solutions is preparing for an initial public offering. The renewable energy company aims to raise ₹4,000-₹5,000 crore. The IPO will include both primary and secondary share sales. It values CleanMax at around ₹18,000-₹20,000 crore. Brookfield and other investors will sell stakes. The funds will support CleanMax’s future growth. Axis Capital and other […]
What makes Balanced Advantage Funds a superior choice for investors?
Balanced advantage funds (BAFs) offer a compelling alternative to DIY investments, automatically adjusting equity-debt allocations based on valuation or momentum models. These funds, managing ₹2.93 lakh crore across 5,250,000 folios, utilize in-house models to dynamically allocate assets. Taxed as equity funds, BAFs are suitable for investors seeking higher returns than fixed deposits with managed volatility.
InsuranceDekho set to merge with RenewBuy
InsuranceDekho and RenewBuy have merged through a share swap. The deal values the combined entity at ₹7,400 crore. Ankit Agrawal of InsuranceDekho will likely become the CEO. RenewBuy’s investors will receive shares in InsuranceDekho. The merged company will be among India’s top three insurance distributors. Their combined premium book will be ₹6,000 crore. The deal […]
SBI to raise $3 billion through senior unsecured notes in FY26
State Bank of India plans to raise funds. The board approved raising up to $3 billion through senior unsecured notes. This will happen during fiscal year 2026. The bank can raise funds in single or multiple tranches. SBI may issue notes in US dollars or other major foreign currencies. Earlier, in 2024, SBI raised $1.2 […]