ETMarkets Management Talk| MAN Industries eyes bigger Saudi footprint; region could contribute 35–40% of revenue in 3 years: Nikhil Mansukhani
MAN Industries expects Saudi Arabia to become a major growth driver, contributing 35–40% of revenue within three years. The company is targeting FY27 revenue of ₹5,000 crore, backed by Saudi expansion, Dammam facility and Jammu’s seamless pipe plant.
Madhusudan Kela’s portfolio: 7 stocks rally up to 135% in CY26
Madhusudan Kela’s disclosed portfolio of 19 stocks was worth about Rs 2,665 crore as of August 14. Seven holdings gained 10–135% in 2026, while five declined 15–30%, highlighting sharply divergent performances.
Monarch Mutual Fund set to enter MF space with maiden overnight fund; files draft with Sebi
Monarch Mutual Fund has filed draft papers with Sebi for its maiden scheme, an overnight fund investing primarily in one-day securities. The open-ended debt scheme targets low risk, high liquidity and overnight-rate-linked returns, with Sanjay Motta as fund manager.
F&O Talk: Nifty consolidation to continue says Sudeep Shah; gives Tata Motors, Lenskart, Honasa strategy
Nifty remains range-bound amid falling volatility, with 24,200–24,150 as key support and 24,550–24,600 as resistance. Options data shows strong Put writing, suggesting limited downside. Analysts prefer PSU banks, while defence, auto and chemicals remain technically strong.
Bitcoin near $63,000 as weaker ETF demand and cancelled SEC meeting dampen crypto sentiment
Bitcoin hovered near $63,000 as weaker ETF demand and a cancelled SEC meeting weighed on crypto sentiment. Bitcoin and Ethereum declined, while the global crypto market cap slipped 0.4%. Analysts cited subdued momentum, regulatory uncertainty and range-bound trading.
ETMarkets Smart Talk| Where is the value? Sachin Bajaj favours financials, healthcare, capex plays
Axis Max Life CIO Sachin Bajaj sees Indian equities entering a favourable phase as earnings recover, valuations moderate and domestic flows remain strong. He favours financials, healthcare, capital goods, digital platforms and manufacturing beneficiaries, while cautioning against expensive stocks.
Top 5 India-focused offshore equity funds and ETFs in Q1FY27. Check details
India-focused offshore funds and ETFs delivered returns of up to 32.7% over three months, outperforming the MSCI India USD Index, which fell 12%. Taishin India led gains, followed by Aditya BSL, SBI Resurgent India Opportunities, AsahiLife Neuberger and Wasatch.
Debt mutual funds attracted Rs 1.87 lakh crore in July after two months of outflows. Is the trend set to continue?
Debt mutual funds attracted Rs 1.87 lakh crore in July, reversing June-quarter outflows. Liquid, overnight and money market funds led inflows, while longer-duration categories saw redemptions. Experts said flows reflected seasonal treasury movements and continued preference for liquidity.
IPO rush: 5 companies to raise Rs 5,499 crore next week; Shiprocket, 4 others to list
India’s IPO market enters another busy week, with five companies set to raise Rs 5,499.32 crore between August 17 and 21. Horizon Industrial Parks leads fundraising, while five recently completed IPOs, including Shiprocket, are scheduled to list.
Concurrent Losers: 11 stocks decline for 5 consecutive sessions
The Sensex fell 490 points over five sessions through August 14, while 23 BSE 500 stocks declined daily. Eleven stocks dropped more than 5%, led by Aditya Birla Fashion and Retail, Physicswallah and Techno Electric & Engineering.