Manappuram ends family-led era as Bain brings in a professional MD
Manappuram Finance will shift to professional management after Bain Capital gained joint control, with VP Nandakumar becoming non-executive chairman and Ashish Singh taking over as MD and CEO from January 2027. First-quarter profit jumped over four-fold to ₹585 crore.
IPO lock-in expiry could bring shares worth $7.6 billion to D-Street
A notable shift is on the horizon as shares from forty-five newly floated companies are set to become tradable shortly. The unlocking, amounting to approximately seven point six billion dollars, is expected to happen from August twelfth through late September. While this gives promoters and anchor investors the chance to divest their previously locked holdings, […]
Equity MF bets lose some zip, seasonal debt flow lifts AUM
Retail investor activity in equity funds dipped by almost fifteen percent in July, indicating a cautious approach towards market trends. Conversely, systematic investment plans enjoyed positive growth, affirming their importance in the investment landscape. Debt funds welcomed impressive inflows, bolstering overall industry assets. Additionally, liquid and overnight funds attracted major corporate treasury allocations at the […]
US stocks: US market ends down as Iran peace deal optimism fades
Wall Street closed lower as investors grew pessimistic about Middle East stability. Amazon and Alphabet stocks dipped, impacting major indices like the S&P 500. Brent crude futures held near one-week highs amid rising oil prices and uncertainty. Investors await crucial inflation data which will shape Federal Reserve policy expectations. Jabil climbed after an upgrade, while […]
Fed’s Austan Goolsbee says inflation is the biggest problem on Fed rate signal
Chicago Fed President Austan Goolsbee has voiced significant worry over soaring inflation, recognizing it as the foremost challenge facing the economy today. While he deems the labor market stable, he doesn’t classify it as vigorous. Meanwhile, traders are weighing the possibility of a rate hike in September, and experts expect consumer inflation data to indicate […]
CME to allow round-the-clock trading of 100-Ounce Silver futures from September
CME Group is set to launch 24/7 trading for silver futures starting in September, responding to heightened retail demand for precious metal products. Over fifty-three thousand gold futures contracts changed hands during weekend trading sessions alone. The company’s metals division achieved record volumes in the first half, pending regulatory approval, to entice more traders into […]
Sebi proposes to widen foreign investors’ access to non-agricultural commodities derivatives
Sebi plans to permit Foreign Portfolio Investors in physically settled commodity derivatives. This move aims to boost institutional participation and market liquidity. Safeguards ensure FPIs avoid delivery obligations through a two-tier mechanism. Positions are automatically transferred if not voluntarily squared off before delivery. This framework seeks to deepen India’s commodity derivatives market.
CME to allow round-the-clock trading of 100-Ounce Silver futures from September
CME Group is set to launch 24/7 trading for silver futures starting in September, responding to heightened retail demand for precious metal products. Over fifty-three thousand gold futures contracts changed hands during weekend trading sessions alone. The company’s metals division achieved record volumes in the first half, pending regulatory approval, to entice more traders into […]
Without Warren Buffett, Berkshire Hathaway is no longer an attractive investment: ‘Big Short’ fame Michael Burry
Veteran investor Michael Burry said Berkshire Hathaway has lost its investment appeal after Warren Buffett’s succession, arguing that Greg Abel may lack Buffett’s patience for major opportunities. Burry also flagged concerns over Berkshire’s large cash pile, saying its recent moves appear more strategic than investment-focused.
India govt says retail option trader losses fell 18% after regulatory curbs
In India’s equity derivatives market, retail investor losses plummeted by nearly eighteen percent year-on-year. The wave of regulatory measures to control speculative trading led to a significant drop in individual investors participating in this segment. This marks a concerning trend as retail investors have faced ongoing losses over the last five financial years, mirrored by […]