ETMarkets Smart Talk – FPI outflows from Indian bonds likely tactical profit booking, says Puneet Pal of PGIM India AMC
Puneet Pal of PGIM India AMC suggests that recent FPI outflows from Indian debt markets are likely due to profit-taking and narrowing interest rate differentials, not fundamental weaknesses. He highlights the attractiveness of 3-6 year AAA PSU bonds due to stable rates and appealing spreads. Pal recommends a 12-18 month investment horizon for short-term and […]
ETMarkets Smart Talk | India to benefit from global manufacturing shift as China+1 strategy gains momentum: Ankur Jhaveri
Ankur Jhaveri of JM Financial highlights India’s potential gains from the China+1 strategy amid global manufacturing shifts. He anticipates rural consumption and domestic manufacturing as key growth drivers, while geopolitical events and trade deals remain crucial market factors. Jhaveri suggests a bottom-up investment approach, favoring companies with solid earnings and reasonable valuations, particularly within the […]
Happy Square Outsourcing IPO opens today: Check details
The Initial Public Offering of Happy Square Outsourcing Services, known as White Force, is set to open today. The IPO aims to raise Rupees 24.25 crore. The company specializes in HR outsourcing solutions. The share price is between Rupees 72 to Rupees 76. The IPO has already raised Rupees 6.6 crore from anchor investors.
Gold falls after US-Vietnam trade deal; US payroll data eyed
Gold prices dipped as U.S.-Vietnam trade de-escalation boosted market sentiment. Investors are keenly awaiting the U.S. payroll data for insights into the Federal Reserve’s future policy decisions. The U.S. will impose a lower tariff on Vietnamese goods, while negotiations with India face hurdles over agricultural exports. U.S. private payrolls saw an unexpected decline, heightening anticipation […]
Asian shares post modest gains before US payrolls
Asian shares saw slight gains as investors awaited US jobs data, buoyed by the S&P 500’s record high following Trump’s Vietnam trade deal announcement. The agreement, involving tariffs on Vietnamese exports and the removal of levies on US imports, boosted apparel stocks. Meanwhile, concerns over fiscal policy in the UK and the US added to […]
Startups aim for over Rs 18,000 crore in D-Sreet dhamaka
Indian startups are increasingly eyeing local stock exchanges for their listings, driven by robust valuation multiples in the public markets and growing maturity of the domestic startup ecosystem, analyst and investment bankers pointed out. Smaller companies are opting for the IPO route not only to raise capital, but also to provide exit to their investors.
RBI pushes for real-time credit reporting to boost transparency and consumer experience
The Reserve Bank of India (RBI) is pushing for more frequent, real-time credit reporting to enhance transparency and consumer experience. Deputy Governor M Rajeshwar Rao highlighted the need for data accuracy and security amidst these advancements. Furthermore, a new ‘grameen’ credit score is on the horizon to improve financial inclusion for rural populations, particularly self-help […]
Can HDB Financial Services maintain its momentum after a strong IPO listing?
HDB Financial Services debuted strongly on the NSE at ₹835, a 13% premium over its IPO price. Despite closing slightly higher at ₹840.25, analysts suggest current investors hold for the long term, while new investors await dips due to concerns about FY25 performance. The IPO, heavily subscribed and backed by HDFC Bank, marks a significant […]
Mis-selling of life cover not at alarming levels: Irdai
Insurance CEOs at the event on launch of insurance awareness campaign said that addressing mis-selling is a collective industry responsibility, and both the regulator and insurers remain committed to further reducing the number of complaints.
Mukesh Ambani’s Reliance Industries to spin off FMCG brands into new arm ahead of mega IPO plans
Reliance is restructuring to consolidate its FMCG brands, including Campa and Independence, into a new entity, New Reliance Consumer Products Ltd, a direct RIL subsidiary. This strategic move aims to attract specialized investors and provide focused attention to the rapidly growing consumer brands business, valued at ₹11,500 crore in FY25.