SBI’s fund deployment key to future growth: Sandip Agarwal

Sandip Agarwal notes the Indian investor’s increasing maturity, moving beyond panic selling to strategic buying after initial market dips. He suggests PSU banks, like SBI, may outperform private sector banks due to their deposit franchise amidst NIM compression from rate cuts. Investors are keenly awaiting SBI’s results and future strategies for deploying raised funds.

Valuations are reasonable now and it’s good time to invest; expect low double-digit earnings growth: Prashant Khemka

Prashant Khemka of White Oak Capital Management suggests current market valuations are reasonable, aligning with long-term averages. He anticipates market returns in the low double digits, mirroring India’s nominal GDP growth. While advising fresh investments, Khemka suggests balancing portfolios with sectors less susceptible to tariffs, noting the recent earnings season aligns with expectations.

Trump’s Fed pick, Bank of England’s ‘hawkish’ cut weigh on dollar

The dollar faced pressure, nearing a weekly decline as Trump’s Fed nominee fueled expectations of a dovish replacement for Powell. Sterling held gains after a divided Bank of England rate cut. Meanwhile, the euro gained ground amid optimism surrounding potential U.S.-Russia talks, influencing currency markets as investors monitor geopolitical developments.

ANB Metal Cast IPO opens today. Check all details before subscription

ANB Metal Cast, a Rajkot-based aluminum products manufacturer, is launching its IPO on August 8 to raise ₹49.92 crore through a fresh issue of equity shares. With the IPO closing on August 12 and listing expected on August 18 on NSE SME, the price band is set between ₹148 and ₹156 per share.

Tata & SP Group reignite exit talks after years: Chandrasekaran meets Mistry in first formal contact since relations soured in 2016

Tata Sons has initiated early talks with minority shareholder Shapoorji Pallonji (SP) Group to explore potential exit and monetisation options for SP’s 18.37% stake, currently pledged with lenders. This follows a resolution by Tata Trusts to retain Tata Sons’ private status and seek a settlement. Chairman N Chandrasekaran recently met Shapoor Mistry, marking their first […]

Are accrual strategies the new key to success in fixed income investing?

Fixed income investors might need to adjust their strategies. Experts suggest shifting from long-term bonds to accrual strategies. Focus should be on schemes earning through steady interest. Investors who gained from falling yields can consider booking profits. Short to medium tenure funds and corporate bonds are now attractive. Ultra short-term funds are suitable for shorter […]